All Forum Posts by: Ryan Huffman

Thank you everyone for the feedback! It is extremely helpful. @Mike Mocek I'll look at the agreement. I don't think it says anything about having to use their team, but I'll verify. @Amy Scarborough I'll DM you shortly. I'd love your feedback. @Account Closed Thank you for the added commentary. I appreciate it. The client didn't break the lease, they just turned in their keys once it expired.

My tenant recently moved out of my rental in Birmingham, AL and looking past the fact that I didn't know about the vacancy until after it had happened, I recently received a note from my property management company asking if I would like to put a cage on the HVAC for $440 to prevent any theft, as well as an itemized quote for $4k to make the place rent-ready. Some of them made sense to me such as interior paint at $990. Others though, like a lightbulb change for $55, a padlock for $55, and putting up blinds for $440 seemed a little high.

Making ~3200/year on this property in cashflow, it's quickly starting to look like a bad investment if it costs $4k/year to turn over a tenant.

Does anyone have experience with this? This is my first tenant turn-over, and I'd like to ensure that I'm not being taken advantage of due to my lack of experience.

Any insights are appreciated.