It’s important that you read this article if you own a rental property and have had a tenant trash it when they leave because we’re going to address the common problem that landlords face when they say, “Help! My tenant has trashed my property!” “My previous tenant completely demolished my Atlanta home!”
Do you have a rental property that you let out? Have you had a tenant who left your property in less-than-perfect condition? It does happen! In fact, it’s an experience that almost every landlord has had to deal with at some point in their career. If you looked at your vacant rental property and said, “Help!,” you are not alone. If you have a tenant who has trashed your Atlanta home, there are some things you can do about it…
Is it worth it to pursue the tenant further?
You must first assess the damage and determine whether or not it is worthwhile to pursue the tenant. Unfortunately, it is often not worth the trouble because it can be a time-consuming and even expensive endeavor to compel the tenant to pay you back after a dispute has arisen. It is possible, however, if the damage is significant enough, that you will choose to do so.
Is it worthwhile to have the damage repaired?
From holes in the walls to toilets that have gone missing, we’ve heard just about everything you can think of! There are times when some drywall and paint will suffice to solve the problem, in which case you may decide to repair the property and re-rent it, while accepting the inconvenience as a cost of doing business. You may, however, be interested in a couple of other options if the damage is not worth attempting to repair yourself.
You could consider renting out your home to a handyman.
One little-known option that can be extremely beneficial is to find a handyman who is interested in renting out your home. In exchange for a discount on rent (or even free rent), they will help you to repair and renovate your home so that it can be used as a rental property once more. Keep in mind that you should have a clearly defined timeline in order to avoid staying for an excessive amount of time without getting much work done.
You might be able to sell your home.
It is also possible to sell your house for cash and move on from the frustrations of being the owner of a rental property. If you decide to sell your home on the open market, keep in mind that you may need to make some minor repairs before the agent will list it. Alternatively, you might consider selling your home privately to a house-buying team like ours. (We buy houses in their current condition and fix them up ourselves.)