Renting A Condo And Messed Up The Floors
Apartments you can listen to that podcast and then read the summary below as we describe the process for renting out a condo.
Renting a condo and messed up the floors. Whether you rent a condo or an apartment you re going to have maintenance issues that come up. Carpet is considered a non permanent flooring which has a depreciation life of only 5 years for tax purposes. You do not want to constantly be replacing the flooring in your rental. How to rent out a condo.
This may seem like a simple question but if you own a condominium you probably know it s actually rather complicated. We recently had a guest on our podcast rentprep for landlords explain why he focuses on buying and renting condos vs. Luxury living at non luxury prices is possible in a condominium. Though you may save money initially you will end up only getting 1 2 years of life out of the product rather than a nicer product which can give 5 7 years of usable life.
When choosing a flooring material you want to select something that is attractive to tenants but will also withstand a lot of wear and tear. Durable materials are essential because you do not want to waste time and money constantly replacing the flooring. If you can do so and win your suit the judge will award you the difference between the rent you paid and the rent that should have been charged based on the condition of the rental property. A landlord might find it easy to ignore your drippy faucet until you point out the possibility of an overflowing sink causing water damage to the floors.
More room for negotiation. Another theme that will grab your landlord s attention is the potential for injury. It is the most common type of flooring used in rentals as it is. An individual looking to rent a condominium may or may not be looking to make a profit from its rental.
Yep even after a couple of you told me kristi just be sure to rent the right kind of sander and after reading karah s experience about renting the wrong sander and thinking to myself well i m sure it was just her floor that was the issue and not the sander i still decided to rent that stupid square buff sander. But whether that s by you the landlord or a maintenance team depends on which type of rental you choose. In order to win your suit you will need to prove that the problem resulted in a rental property that was not up to the value of the paid rent. Renting out a condo can be a great way to earn some extra income but is a different process than renting an apartment.
4 important factors when choosing rental flooring. Granite countertops marble floors and stainless steel appliances are not uncommon in condos but are extremely rare in an apartment. Whether it s a leaky faucet or a running toilet the problem is going to need to be fixed.