We are starting to break down the processes we use to give other landlords some guidance on where to start with their rental property business. This is just a continuation of us working to get other landlords into the positive mindset and professional outlook required to take their rental property investments to the next level.
Security deposits and move outs can be very litigious and costly areas for rental property owners if they do not understand proper procedures.
In this episode we give actionable steps for landlords to follow when it comes to a tenant moving out. We also do our best to drill into rental property owners the purpose of security deposits and whose money it really is.
This is like a mini masterclass on what to do when tenants end their tenancy. Learn from the situations we have experienced. So, sit back and give yourself some time to listen and contemplate the information we are putting out there.
LINKS:
Your Landlord Resource, Move In – Move Out Itemized Checklist
This comprehensive form covers up to a 3-bedroom, 2-bath rental unit and includes:
➡️All elements of a kitchen, Dining Room, Bonus Room. Hall/Stairs, Mechanical Room, Garage
Front & Back Porch, Tenant information and relevant dates
➡️Signage lines for Move-In & Move-Out for both tenant and landlord
➡️Codes to indicate condition of each area
NOLO Security Deposit Links:
Security Deposit Statutes by State: Here are the statutes that govern a landlord’s collection and return of security deposits
Security Deposit Limits by State: Learn how much landlords can charge for security deposits by state.
Deadline for Returning Security Deposits by State: State deadlines for itemizing and returning tenant’s security deposits.
Connect with Us:
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📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlordResource.com
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✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
