Tonight’s a full moon on Friday the 13th and I have a tenant moving out. Oh boy, now is not a good time to get superstitious.
Move-outs are only fun for landlords when dead-beat tenants are moving out! Normally, the process is simply a pain: pending lost revenue, the pain of finding the next tenant, and finally, the dreaded move-out procedures and walk through. “How is the house going to look now?”
I have learned the hard way, like most things in my life, that this requires a few key things – simple to state, more challenging to execute:
- Clearly define exactly what the security deposit is and is not used for upon move in.
- Take the time to properly document the home’s condition before move in. Use your cell phone to take pictures of everything. I use apps like Evernote to keep all my pictures in one place.
- Like the rent and the late fees, stick to the agreement. Take good notes of what is damaged and photograph it to provide solid documentation and rationale as to why they are loosing part (or all) of their security deposit.
Keeping the entire relationship buttoned up and professional is critical because breaking up is hard to do…..and it’s always to best to leave things on a good note. Solid execution is the hardest part!
What is your move-out process?