Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Michael Elliott
0
Votes |
3
Posts

Settling move out charging against a tenant

Michael Elliott
Posted

I recently had my first tenant move out and had to spend $5000 on the house after them.  I sent them a claim against their security deposit for $3200 (Deposit was $1000) for the damages.  This was sent within 30 days of them moving out.  Of course they came back denying everything so we started to negotiate.  To close this out, I offered to cut in half to $1600.  They have finally came up to $1000.  From here we are going nowhere and he keeps asking what the next step is.  I would just like to send him a check for $400 ($2000 deposit - $1600 offer from me).  If I had to go to court, I am comfortable that I would win at least $1600 but obviously I'd rather settle and be done with it.  What would you out there suggest I do?

Thanks

Loading replies...