As a landlord, you’re always looking for ways to give a boost to the bottom line. With technology a huge part of that bottom line these days, it only makes sense that you’re going to look to it not only to increase revenue but to improve your tenants’ experience as well.
How to Handle Deposit Disputes
1. Open communication with your tenant is very important. Keeping that line of communication open will allow your tenant to let you know of any property damage right away as well as you being able to be open with any concerns about the tenant's activities.
2. Perform a walk thru of the home prior to move-in with the new tenant and document the condition of the property.
3. Give your tenants the opportunity to repair damage they caused by hiring a professional to do the needed work.