The Benefits of Detailed Move-In Reports at Rental Properties
Move out reports and security deposit reconciliations are by far one of the least favorite things for landlords to conduct. Often is it because they don't know exactly what condition the property was in when the tenant moved in.
This is why conducting a complete and comprehensive move-in report is so indispensable. Having signed, written proof of the condition of the residence prior to the tenant moving in will relieve you of any confusion come move out time.
Take your time when conducting the move-in report, the more detailed you can be now, the more it will benefit you when the time comes to perform the move out inspection.
When conducting the move-in, it is best to start in one room of the house and move fluidly throughout the home. Often times it will be the living room, because it is typically the first room you enter. Remember the more detailed the better. Marking the living room as good just will not cut it.
Start from the ceiling and work your way down to the floors. Are there hooks or cracks in the ceiling? Is the popcorn crumbling in some areas? Check to see if the ceiling fan works properly. Make sure all the lights are all working properly
Once you are finished with one area continue on to another. Look at the blinds; are they clean? Do they work properly? Do the windows open and close as they should? Are the screen the right size and free from bends or holes? Is the carpet new or are there worn areas?
Continue on whatever course you have set for yourself. Make sure to check any storage areas, bedrooms, office, bonus rooms, etc. Flush toilets, turn on showers and baths. Check for leaks, look for any sign of previous water damage. Turn lights off and on, open closets, pull out drawers. Check everything.
The exterior of the home often gets over looked but it is imperative that the exterior condition gets acknowledged. They say a picture is worth a thousand words; as such, it is a tool that a savvy landlord would be wise to implement; during all move- in and move out reports.
Allow your tenant to review the move-in report; answer any questions they may have. Arrange for convenient times to make any repairs that may have arisen during the move-in. Have your new tenant sign and date the report with the understanding that this IS the move-in condition. Mail or give them a copy of the report, and allow them three to seven days to make notes of anything else they may find needs documentation.
Thorough and well documented move-in reports are a necessary evil as a landlord, but it is one that benefits both you and your tenant. Your tenant will be protected from incurring any costs from damage that was present at the time of their move-in; and you will have documented proof of any new damage to your rental property. - 23311
This is why conducting a complete and comprehensive move-in report is so indispensable. Having signed, written proof of the condition of the residence prior to the tenant moving in will relieve you of any confusion come move out time.
Take your time when conducting the move-in report, the more detailed you can be now, the more it will benefit you when the time comes to perform the move out inspection.
When conducting the move-in, it is best to start in one room of the house and move fluidly throughout the home. Often times it will be the living room, because it is typically the first room you enter. Remember the more detailed the better. Marking the living room as good just will not cut it.
Start from the ceiling and work your way down to the floors. Are there hooks or cracks in the ceiling? Is the popcorn crumbling in some areas? Check to see if the ceiling fan works properly. Make sure all the lights are all working properly
Once you are finished with one area continue on to another. Look at the blinds; are they clean? Do they work properly? Do the windows open and close as they should? Are the screen the right size and free from bends or holes? Is the carpet new or are there worn areas?
Continue on whatever course you have set for yourself. Make sure to check any storage areas, bedrooms, office, bonus rooms, etc. Flush toilets, turn on showers and baths. Check for leaks, look for any sign of previous water damage. Turn lights off and on, open closets, pull out drawers. Check everything.
The exterior of the home often gets over looked but it is imperative that the exterior condition gets acknowledged. They say a picture is worth a thousand words; as such, it is a tool that a savvy landlord would be wise to implement; during all move- in and move out reports.
Allow your tenant to review the move-in report; answer any questions they may have. Arrange for convenient times to make any repairs that may have arisen during the move-in. Have your new tenant sign and date the report with the understanding that this IS the move-in condition. Mail or give them a copy of the report, and allow them three to seven days to make notes of anything else they may find needs documentation.
Thorough and well documented move-in reports are a necessary evil as a landlord, but it is one that benefits both you and your tenant. Your tenant will be protected from incurring any costs from damage that was present at the time of their move-in; and you will have documented proof of any new damage to your rental property. - 23311
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posted by Mr. Forex at
8:52 AM
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