I inherited a tenant in one of my properties and they reached out to me the other day and told me about damage in the bathroom. Specifically, the paint in the tub is flaking off and going down the drain. There are holes in the shower liner and behind and around the tub which I'm assuming is causing water damage. They mentioned that this is something that they informed the previous landlord about and they flat out said that they wouldn't fix it. Looking at the pictures it looks like it's not something that will be a fix, but will require a renovation. I was going to renovate the bathroom once the tenant left. There's 4 months left on the lease. They use the property as an office so they said they rarely need to use the shower. What are my options?
In my opinion, start the renovation project now. Planning, bidding, demolishing, rebuilding, etc…. and time it to be finished when the “inherited lease” is up. Then you are in a better position to increase the rent and improve tenant quality cause the bathroom fix is done and ready to go.
In my opinion, start the renovation project now. Planning, bidding, demolishing, rebuilding, etc…. and time it to be finished when the “inherited lease” is up. Then you are in a better position to increase the rent and improve tenant quality cause the bathroom fix is done and ready to go.
They rarely use the shower, so hold off until they are out. You can probably go in and sand the tub down to remove all the lose stuff, then renovate once they are out.
Have you considered refinishing the tub? I used a company to refinish a tub and it was better than new and much, much cheaper than replacement cost. Here's an example in your area: https://www.nufinishpro.com/fortworth/
I inherited a tenant in one of my properties and they reached out to me the other day and told me about damage in the bathroom. Specifically, the paint in the tub is flaking off and going down the drain. There are holes in the shower liner and behind and around the tub which I'm assuming is causing water damage. They mentioned that this is something that they informed the previous landlord about and they flat out said that they wouldn't fix it. Looking at the pictures it looks like it's not something that will be a fix, but will require a renovation. I was going to renovate the bathroom once the tenant left. There's 4 months left on the lease. They use the property as an office so they said they rarely need to use the shower. What are my options?
If they rarely use the shower get it fixed now. I don't see the need to wait. At this rate they probably won't resign with from what it sounds like but at least if you get everything fixed like it should, maybe they will see you are not a "slumlord" and decide to re-sign a 12 month lease.