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Updated almost 6 years ago on . Most recent reply

User Stats

192
Posts
100
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Matt McGuire
  • Rental Property Investor
  • Montgomery, TX
100
Votes |
192
Posts

Inherited Smokers - Security Deposit Question

Matt McGuire
  • Rental Property Investor
  • Montgomery, TX
Posted

I recently bought a 4-plex with 2 units occupied and 2 vacant. I painted both of the vacant units because there were smokers before and the walls were yellow. The other 2 tenants have indicated they will be leaving when their lease is up and they both smoke. Their security deposit is only $400 which doesn't even cover the cost to paint the whole unit. 

I'm sure it will come up, so what do you guys think? Does smoking in the unit constitute wear and tear or should I keep the deposits to paint?

  • Matt McGuire
  • Most Popular Reply

    User Stats

    3,930
    Posts
    3,341
    Votes
    Max T.
    • Investor
    • Philadelphia, PA
    3,341
    Votes |
    3,930
    Posts
    Max T.
    • Investor
    • Philadelphia, PA
    Replied

    wear and tear. return the deposits and start fresh. hold the new tenants to your standard.

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