Re: Figuring costs of damaged items - Landlord Forum thread 344551

Re: Figuring costs of damaged items by Anonymous on April 21, 2016 @08:23

loss and damage are sort of like horse trading, or in modern times used cars... Ya have to size up the other guy and try and get what you can,....within reason. ''Antique' kitchen cabinets don't really have a place in rental property,....they're really just ''old''. charge for the repair, make sure it's reasonable and be prepared to document it with an invoice marked paid and the back up check. LL's with legitimately ''historic properties'' need to have proper insurance coverage and DETAILED EXHAUSTIVE LEASES signed by properly vetted and informed tenants.
your tenant should not have removed your installed vanity without your written permission, that should have been in the lease and the tenant should certainly not have disposed of your removed vanity or destroyed it while removing it. If you have photos of ''before'' -- try a conversation. 18 to 24 months is a real gray possession area for normal vs excessive wear and tear vs damage if tenant was a good payer and otherwise hassle free, you may have had what I refer to as a '''good type of professional tenant''' ie one that moves around frequently, wears the property a little on the heavy side but meets their obligations and says thank you. That type of pro tenant really ain't that bad and you're gonna experience them over the years that tenants come and go. Rental properties are like cans of beans on the shelf. Try not to get emotionally involved. It's maintainance and housekeeping. You're in the business of trying to get rich from owning and renting income real estate, not loss, damage and repairs.

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Re: Figuring costs of damaged items by Maureen on April 21, 2016 @11:02	[ Reply ]

Thanks for the opinion. I want to do what is fair and the kitchen cabinet certainly was not a beautiful antique. The conversation ain't gonna happen, as tenant believed she would be able to buy house when it came on the market (she knew ahead of time that I was planning to sell), and she began making various changes to suit herself, without permission. She left the place in pretty rough shape (decided to refinish the hardwood (poorly) and pulled up all the trim boards then never got around to replacing them and didn't mark them to show where they originated - left in a pile in the garage). Her forwarding address is in care of her lawyer! Sorry -- I'm venting.

Re: Figuring costs of damaged items by Magic Mike on April 21, 2016 @18:24	[ Reply ]

Charge the tenant the full cost to repair/replace. You are charging the tenant for the "replacement cost" which is not the same as the depreciated value or market value.

Re: Figuring costs of damaged items by Maureen on April 22, 2016 @22:22	[ Reply ]

Thank you!