What happens when your #tenant leaves you with more to clean up than what's covered by the #deposit? We're talking damages, bags upon bags of trash, and a smell that will haunt your nightmares for the next few months. What next? Do you #freakout and have a #meltdown?
Once the #panic settles, there are a few different ways you can handle the damages that exceed the deposit.
You can #ignore it. This may be an option if the overage is small and not worth your time pursuing. You learn from the mistake and keep moving forward.
If the amount is too small to pursue #legalaction but too large to just ignore, the second option you can try is to bill repeatedly. Set up a mailing system to invoice the tenant until the bill is paid. Then just cross your fingers and sit tight until the bill is paid.
The third option is to #negotiate with the tenant. If you're tired of arguing with a difficult tenant but still want to recoup some of the damages without going to court, this may be the best option.
Then there's always the collections route. You'll have to pay a fee to the collections agency, of course, and hope for the best. You may see the money or you may not.
And finally, if all else fails, there's small claims court. If the tenant owes a substantial amount and you see no other alternative to getting what's owed, this may be the route to go.
Every situation is different and not every option pans out for the better, but there is one thing that's concrete: having Real Property Management Colorado on your side means that you don't have to stress about it. If you're ready to step back and hire a #propertymanager, give us a call at 719-471-7368. We're happy to help!