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When Should You Charge Tenants for Damages and When Not To
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Video Source: www.youtube.com/watch?v=ose150DBdgg
Discover How to Triple Your Mid-Term Rental Income: https://experimentrealestate.com/mtr • Navigating property damage charges in mid-term rentals can be tricky. Should you charge the tenant or absorb the cost yourself? This guide simplifies the decision with two key categories: 'Property Damage' and 'Maintenance.' Property damage, like broken windows or cracked mirrors, should be charged to the tenant, while regular wear and tear, like loose doorknobs or peeling paint, falls under maintenance. This approach helps you protect your investment and maintain good relationships with tenants in the competitive mid-term rental market. • #PropertyManagement #RentalIncome #LandlordTips
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