Originally posted by @Jenny Roman:
@Justin Bautista @Frank Chin Did you by any chance take pictures at the time of move in or performed a walk through? I do this even in a rental and document it all. Learned that from my grandfather who owned a few two families units in Queens, NY. Granted, there is normal wear and tear but sounds like its beyond wear. Its damaged in your case. Take pictures before you repair, save the invoice for the repair and rekey. Return the outstanding balance after your deduction. Document and save it for your records just in case.
I have done rentals for almost 40 years, mostly in Queens, and if I include my dad, he had his in Queens since 1963, almost 60, and I helped out as a young boy. So far, we haven't taken photos of move-in and move-outs, though that seem to be the trend. We do use a move-in and move-out checklist which both the landlord and tenant sign and certify.
However, communications these days are conducted through texts and e-mail, and if there are any issues, it's communicated through them. And because cell phones can be stolen, broken, everything on these iPhones are backed up into I-cloud, and also two apps that back up the messages onto my computers that has backup.
As to tenant damages, normally we paint upon tenant vacating, and every ten years or so re-carpet upon tenant vacating. Costs over $5,000. For the SFR, we supply the fridge, range and dishwasher. The fridge we never had a problem with, but with the range and dishwasher, had problems due to tenant misuse, so we now have service contracts on them, and if something comes up, the service company gets called. For instance, the current SFR tenant complained about the range soon after move-in, paid almost $300 to have it fixed, no good, and after the 2nd call, got a new range, and during the first year, had a service call under the warranty, and 2 months after that, got another complaint, fortunately we had a service contract, and was serviced under that.
For almost 40 years, for all the tenant move-outs, we have never deducted anything from tenant deposits. And in the past, for less credit worth tenants, we take two months rent deposit, but with rents in the $2,000+/month, we're take only one month, (NY state now limits it to one month) and if we quibble over every little hole in the wall, no body gets anything back, and we'll wind up in court every time. Right now, I have a tenant under stipulation, 4 months behind on rent, and NY state has a 3 month eviction moratorium. He says the company he works for shut it's doors 2 weeks ago, and might resume operations in 2 weeks, and he'll see what he can do then. Chances are, he won't pay till July, if anything, we only got a little over a month deposit, and he'll be 7 months past due. My attorney filed all the paperwork prior to the moratorium for an eviction, paying $2,500 in legal fees, so we'll see what happens in July.
He appears to keep the property in good shape, inside and out, and through the years, tenants have hung pictures on the wall, and on moveout, usually have more than 38 holes throughout the house when they vacate. If we evict this guy, holes in the wall is the least of the problems. In fact, I might not be able to rent the place out quickly due to the pandemic. The tenant dad apparently had a heart condition and been hospitalized a few time this past year, and I realize a sympathetic judge will allow him additional time to stay. And I reminded my wife, our NOO insurance does not allow a vacancy of more than 60 days, and if we evict this guy, the pandemic escalates, I might have delays renting, he might have to sleep in a car, and I'll lose coverage for a vacant house. Do I now hire a house sitter with him sleeping in his car outside?? I'm trying to picture this.
What a mess!! And I'm going to worry about a few holes in the wall?? But fortunately, my saving grace is I'm mortgage free on this property.