How to Avoid Rental Property Damage? DO THIS!
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- Опубліковано 9 чер 2024
- In this video, I'm going to share 3 tips on how to avoid rental property damage. If you own rental properties, or you're considering renting one of your properties make sure you implement these 3 tips to avoid headaches. Check it out!
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Baselane.com is dedicated to empowering landlords and independent real estate investors with innovative financial solutions and banking built for their needs. Baselane services include banking, bookkeeping, rent collection, and financial analytics, all designed to streamline your property management and investment business.
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Also, share and leave a comment below.
I love the emphasis on proactive measures to protect rental properties. It's refreshing to hear practical advice from someone with real-world experience. It is absolutely important to incorporate clauses in the lease agreement to protect landlords from potential damages.
Excellent content, Jamel! My dear late father was too tender-hearted in renting out the house that he owned. He would always respond to hard-luck stories and try to help struggling families without doing his due diligence. His gas station/mini grocery store...same. He should have been a social worker or priest, God bless him. His house was destroyed: the last family to rent didn't pay for three months, then when he finally forced them to leave, they had already gutted the fireplace, torn off wood from the walls to burn in the fireplace, smoke covered everything as if it had caught on fire, and the water heater had been torn out of the wall and thrown in the back yard. (with his store, he had so many people owning him for gas and groceries that he wasn't even breaking even
The Stove and Refrigerator are now 20+ years old...
They are quite ugly now, working but hesitant to put upgrades in... 38 units
100% occupancy, 70% tenant's here for decades..
How about adding the use of durable materials so you dont have to always replace when a tenant moves out
That's a given