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Hide Mark from the Assessment Of Condition Of Rental Property

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Aug 6th, 2022

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How to Hide Mark from the Assessment Of Condition Of Rental Property

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[Music] hi clayton its barb again i got a question about uh after a tenant moves out and get in there what do you do if they mess everything up especially if its more damage than they gave you in a deposit appreciate it thank you barb sounds so sounds like barbara said i i think she was a caller in our show a few months ago and was had a question about tenant damage and so she sounds like she dealt with a pretty bad tenant in the property uh and look you know this is going to happen as a real estate investor youre going to deal with tenant damage at some point especially i mean just think about it right i like to think if you when youre getting started with real estate investing there are a number of things that youre probably nervous about when you get started right youre probably worried about what if i have a tenant that doesnt pay what if i cant find a tenant for the property um i dont thats really going to be your biggest fears right what if i cant get a tenant for the

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Who are also known as tenants?

What Is a Lessee? A lessee is a person who rents land or property from a lessor. The lessee is also known as the tenant and must uphold specific obligations as defined in the lease agreement and by law.

What is a potential tenant?

A prospective tenant is an individual who could possibly move into a vacancy at your rental property. He or she has begun the initial steps of the tenant screening process.

Who makes the best tenants?

The best type is the one who checks you out too Nothing too evasive from their side but enough to show that they are serious diligent tenants that you can feel comfortable to trust that they will pay their rent in time and look after your property.

What happens at the end of tenancy agreement?

Your 3 options at the end of a fixed term are: sign a renewal agreement for a new fixed term. let it become a rolling or periodic tenancy. leave the tenancy.

What is a check out report?

The check-out report enables all parties to identify any deterioration in the contents, cleanliness, and condition of the property during the tenancy. Ideally it should be produced by the same person who undertook the check-in, although this will not always be practicable.

Who are the best type of tenants?

Tenants with at least earnings of 3 times the rent are best if you can attract them. What is their debt to income ratio? Tenants with a solid record for paying bills on time and who can meet emergencies are better.

Who is a good landlord?

Trustworthy. Establish trust between you and your tenants by making sure you are readily available in case of emergencies and act quickly to resolve any issues raised. Dealing with requests or problems promptly will make sure your tenants are confident in your abilities as a landlord.

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