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 Rental deposit - 1 month, is it ok?

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nihility
post Mar 28 2022, 01:47 PM

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Subjective but I'll have tendency to decline the tenant.
nihility
post Mar 28 2022, 02:37 PM

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QUOTE(nihility @ Mar 28 2022, 01:47 PM)
Subjective but I'll have tendency to decline the tenant.
*
One month rental deposit may not be able to cover the potential damages for my cases. On your case, you have to look into the potential repair / damages for the most frequent damages like the following:-

1) Clogged kitchen sink
2) Clogged water closets.
3) Broken door knobs & door ( tenant forced open the when the door knob jamb).
4) Broken loose furniture & appliances / spoiled TV ( if you don't provide, you don't have to consider it in).
5) Hand writings & stickers on the wall - cost to repaint the wall.
6) Damaged sliding door / glass.
7) Dirty unit open returning to landlord.
8) Malfunction light bulbs / ceiling fan.

The above are just a few common issues arising when you are getting back your unit. If you lease out basic unit, you can disregard the cost for item 4.

However, the final decision is still up to yourself if you can tolerate the risk.

 

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