Normal Wear and Tear vs Damages (What’s The Difference?)
What is considered normal wear and tear in a rental property? This is a common question we get. Knowing the difference between normal wear and tear vs damages will help you when you do a security deposit refund. Reasonable wear and tear are things like wall scuffs, minor nail holes, normal carpet wear. There link to a list of normal wear and tear items and actual damage items you can charge for in the notes. Doing good property inspections before a tenant moves in and after they move out will help you document things that are different and then you can decide if it’s normal wear and tear vs damages. The cost to a landlord for normal wear and tear can vary but you certainly should budget for it when you have a tenant turnover. My PROPERTY MANAGEMENT MASTERY course is out! Check it out here! https://bit.ly/3xVgaVb Want to learn how to effectively manage your rental property and maximize revenue and manage expenses? Investing in your education as a landlord will help eliminate costly mistakes down the road! Check out my new book, PURCHASE TO PROFIT! Now available on Amazon. https://amzn.to/3QI3c3J Want to know what your home is worth? Click here for a free rental analysis! https://www.richeypm.com/northern-vir... Are you in Northern Virginia and need help renting your home and not sure where to start? Get access to our FREE reports that can help you make some decisions! https://www.richeymediagroup.com/opt-... And check us out too at www.richeypm.com Follow Us On: Instagram @richeypropertymgmt Facebook @richeypropertymanagement LinkedIn Richey Property Management

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