Now What - Condition Report and Inventory List
Once this is all done, I prefer to type up my condition
report and inventory (better when it comes to reusing them for your next
tenant). Print out a few copies and get your tenants to sign your copy to prove
that you have given them your reports including photos and a video. I like to
use a cloud storage service like Google Drive or Dropbox. It is very simple to
give the tenants access to the file, and when they move out, its easy to go
back and check. This all sounds like a lot of work, and frankly, it is. I can
do it in an afternoon but I have had years of practice, you may want to budget
the better part of a day. However, it is worth the effort. There will be no
arguments about the condition of the property it was like at the beginning plus
your tenants are much more likely to leave it spotless when they leave because
they’ll remember how thorough you were at the beginning of the lease. Don’t
underestimate the power of a property condition report.
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Jason Gwerder
Wednesday, 25 September 2024
