Normal Wear and Tear

Below is an interesting article on normal wear and tear vs tenant damage you may find useful. Normal wear and tear is damage that naturally occurs in an investment property due to aging. It typically results from a tenant living in the property and is considered normal depreciation. It’s not caused by neglect or abuse of the property. Landlords need to fix normal wear and tear but aren’t required to fix tenant caused damage. Landlords need to thoroughly document the condition of the property so they can account for normal wear and tear. Avail helps landlords stay organized by offering online property management software. They screen tenants, set up online rent collection and most importantly schedule maintenance requests. The first unit is free. See the full article here: https://fitsmallbusiness.com/normal-wear-tear-vs-damage-rental-properties/

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