Do you own a rental property? Did you have a tenant leave it in less-than-perfect condition? It happens!
If you own a rental property, chances are you’ve had a least one or two tenants disrespect the terms of your contract and leave the property in a mess.
A Trashed Property Is A Landlord’s Worst Nightmare!
If you looked at your empty rental property and panicked, thinking “OMG! How am I going to fix this nightmare?!” STOP! Don’t let a lousy tenant stress you out! There are still some things you can do about it…
If your last tenant trashed your house, leaving it in a state of disrepair, then we can help. In this article, we’ll be addressing a common problem that affects all landlords at one time or another and what to do should it happen to you.
Is it worth pursuing the tenant?
First of all, calm down and try to approach the situation as logically as possible. You need to assess the damage straight away and decide if it’s worth going after the tenant.
Unfortunately, more often than not, it isn’t worth the hassle and time involved. Going through the courts and pursuing a tenant through legal actual can be a painful and costly process. The damage needs to be significant enough for legal action to be worth your time and money.
Is it worth repairing the damage?
From holes in the walls to missing toilets – we’ve heard just about everything you can imagine! Sometimes a bit of drywall and paint will fix the problem, in which case you can simply fix it yourself and rent it out again. Sometimes these things happen, and you have to accept the inconvenience as the cost of doing business.
However, if the damage is extensive and too much to tackle yourself, you might want to take a look at the following options.
#1 Rent your house to a handyman!
We’re not joking! One little-known option that can actually work is to find a handyman who’s looking for a property to rent. Then in exchange for a reasonable discount or no rent altogether, your new handyman tenant will repair the house for you.
Before you know it, your property will once again be a damage-free rental property ready to list for new tenants. You must agree on a timeline and specific month or even week to week schedule. Otherwise, your handyman could end up exploiting your offer and staying far too long without getting any work done.
#2 You could sell!
Now, this might seem like a drastic move. But, if you’ve reached a point where you’re sick of crappy tenants messing you about and now your last tenant has just trashed your rental beyond repair, then it might be time to move on and say:
Enough’s enough! No more disrespectful, lazy tenants. No more time-consuming and costly repairs!
You could sell directly to a privately owned House Buying Company like us at Sunshine State Buyers. We buy houses in AS-IS condition! You don’t have to handle any of the repairs or damages. Discover how our company works here >>>
NOTE: Unless you try and sell on the open market, then you will need to ensure your property is market-ready.
But if you work with us Sunshine State Buyers, we can make you an ALL-CASH offer in 24 hours! Check out our website >>> We Buy Houses Miami!