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Updated almost 8 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Hunter Woolsey
  • Investor
  • Athens, TX
5
Votes |
27
Posts

How much to withhold from a secruity deposit TEXAS

Hunter Woolsey
  • Investor
  • Athens, TX
Posted

We have been in the rental business for four years. Up to this point figuring out deposit refunds have been relatively easy. I was looking for your input on how you would handle this situation.

There is multiple holes in the walls ranging from tiny nail holes to door handles being pushed through the walls.

one set of mini blinds were destroyed

The dead bolt lock set is broken

The dogs have scratched the inside and outside of the door and trim as well as chewing the cord that powers the back porch light, and has dug multiple holes in back yard against the foundation.

We have had to remove one trailer full of trash including everything from TVs to smokers to pallets.

The tenant left multiple spots on the driveway where they spray painted home projects without a drop cloth, some spots are up to 3 feet long and turquoise in color.

Also there used to be a drive thru gate to the back yard so you could back a trailer or RV in, they took that gate off and fenced across the opening. The gate is still there, but is an inconvenience to fix it back the way it was.  

Lastly we have about two hours left of general cleaning before the next tenant moves in.

What are your thoughts on a reasonable amount to deduct from the $1,000 deposit?

Thank you for your input.

Most Popular Reply

User Stats

307
Posts
96
Votes
Adam Anderson
  • Developer
  • Palm Harbor, FL
96
Votes |
307
Posts
Adam Anderson
  • Developer
  • Palm Harbor, FL
Replied

Sounds like it would cost more than the full deposit to hire someone to get the place marketable again. Take pictures and document everything Incase you end up in small claims court and follow the timing rules for making a claim on the deposit for TX. I personally would send them a bill detailing the costs, stating your applying the deposit and billing them for the overage.  If you want to be a nice guy, waive the overage and just keep the deposit. Good luck!

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