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Updated about 7 years ago, 12/25/2017

User Stats

28
Posts
11
Votes
Mano Chidambaram
  • Investor
  • Pleasanton, CA
11
Votes |
28
Posts

Are these rental turn/make-ready costs reasonable?

Mano Chidambaram
  • Investor
  • Pleasanton, CA
Posted

After my tenant moved out after his year lease on my 4/2, 2000 sqft, 100K property in Indy, here are the make-ready estimates I got from the PM for the larger items along with a few other minor issues:

  1. Paint assorted walls & entire rooms - $775
  2. Carpet cleaning (tenant already cleaned the carpet & produced receipt, but the carpet is not clean enough) - $250
  3. Replace laundry room vinyl floor, since badly stained - $650

This property was completely rehabbed just over a year ago before the tenant moved in, so these issues don't seem to be normal wear & tear within a year.

What is an "average" make ready costs that others have seen? What of these costs would you go back and hit the tenant for?

Thanks in advance for any feedback

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