its becoming more difficult to capture sufficient costs to reinstate the property to the condition it was at the beginning of each tenancy and that 1 month's deposit is insufficient to recoup costs.
As a renter, I understood that the purpose of the deposit was to cover the cost of excessive wear & tear or outright damage, not to restore the property to the condition it was at the beginning of the tenancy.
Ive decided myself that its just not viable anymore.
You cant put the rent up enough to get back what it costs you to keep the place in good nick.
So you certainly cant afford improvements. Doubly so if you are stuck on a low rent in an RPZ.
Tenants just dont look after your property the way people look after their own property.
Lot's of tenants do look after the property as they would their own, as much as they are allowed to, which they are often not. Landlords tell them that they can't paint, can't change anything, can't remove old/broken furniture, can't make any improvements, and then they complain that the property is not in the same condition it was 3, 5, 8 years ago. Well of course it isn't!
Yes, there are bad tenants, but there are more good ones. You just don't hear about them.
Lot's of tenants do look after the property as they would their own, as much as they are allowed to, which they are often not. Landlords tell them that they can't paint, can't change anything, can't remove old/broken furniture, can't make any improvements, and then they complain that the property is not in the same condition it was 3, 5, 8 years ago. Well of course it isn't!
Yes, there are bad tenants, but there are more good ones. You just don't hear about them.
Read Brontes post above. It's very good.
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