Protect Your Investment Property"Conduct Move-In Reports
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.
That is where the move-in report comes into play. Having a detailed move-in report will save you in the long run. You will have written documentation to hold the tenant accountable to.
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
As soon as you finish one area (ceiling, walls, ceiling fans, etc.) move on to the next. Does the room have a sliding glass door? Is it in proper working order? Are there any blinds or drapes? Is the screen door free from dents or holes?
Proceed in the same manner throughout the rest of the home. Go through each and every bedroom and bathroom. Examine ever cupboard in the kitchen, open the stove, and check for leaks in the sinks or showers. Don't forget any extra rooms like an attic or laundry room.
Taking pictures of the home is always a good idea, especially focus on areas of concern or new items through the house. Documenting the outside condition is vital as well. Check the exterior lighting and fences. Is the yard alive, recently mowed or raked?
When you have completed the move-in report; have your tenant look it over and check the information, make sure they sign and date it. Provide them a copy of the report and allow them a defined set of days to come back with anything that may have been missed. A hole in the wall reported two months later is not acceptable.
Hopefully you can see why conducting a complete and comprehensive move-in report really is crucial. You wont mistakenly charge your tenant for damage that was already present; and you wont have to bear the costs of any new damage when they leave. - 23305
That is where the move-in report comes into play. Having a detailed move-in report will save you in the long run. You will have written documentation to hold the tenant accountable to.
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
As soon as you finish one area (ceiling, walls, ceiling fans, etc.) move on to the next. Does the room have a sliding glass door? Is it in proper working order? Are there any blinds or drapes? Is the screen door free from dents or holes?
Proceed in the same manner throughout the rest of the home. Go through each and every bedroom and bathroom. Examine ever cupboard in the kitchen, open the stove, and check for leaks in the sinks or showers. Don't forget any extra rooms like an attic or laundry room.
Taking pictures of the home is always a good idea, especially focus on areas of concern or new items through the house. Documenting the outside condition is vital as well. Check the exterior lighting and fences. Is the yard alive, recently mowed or raked?
When you have completed the move-in report; have your tenant look it over and check the information, make sure they sign and date it. Provide them a copy of the report and allow them a defined set of days to come back with anything that may have been missed. A hole in the wall reported two months later is not acceptable.
Hopefully you can see why conducting a complete and comprehensive move-in report really is crucial. You wont mistakenly charge your tenant for damage that was already present; and you wont have to bear the costs of any new damage when they leave. - 23305
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posted by Mr. Forex at
9:31 AM
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