Below is an interesting article on normal wear and tear vs tenant damage you may find useful. Normal wear and tear is damage that naturally occurs in an investment property due to aging. It typically results from a tenant living in the property and is considered normal depreciation. It’s not caused by neglect or abuse of the property. Landlords need to fix normal wear and tear but aren’t required to fix tenant caused damage. Landlords need to thoroughly document the condition of the property so they can account for normal wear and tear. Avail helps landlords stay organized by offering online property management software. They screen tenants, set up online rent collection and most importantly schedule maintenance requests. The first unit is free. See the full article here: https://fitsmallbusiness.com/normal-wear-tear-vs-damage-rental-properties/
Normal Wear and Tear
Bonnie Barberini - Wednesday, October 23, 2019
Author
Bonnie Barberini
CFO and Founder
Bonnie is the visionary that has driven the company and culture of Avalon since 1993. Her passion is improving procedures and practices; incorporating technology and value added services for both our clients and tenants.
Bonnie is a licensed Real Estate Broker and Permitted Property Manager. She has been deeply involved in the National Association of Residential Property Managers since 2007 and has served many times on the board of our local chapter. Bonnie stays on top of the law and re-writes our management and lease agreements on a regular basis to cover new laws and best practices.