When you call your Burbank Realtor to get you worthy tenants, be sure that you also do your part as a Landlord. You must understand that being a landlord requires responsibility and concern for the tenants.
One main point is that you must know how to apply the security deposit. It should be applied
on repairs and restorations needed to bring the condition of the premises to 100%.
Security deposits should not be applied in ordinary expenses which are mainly the
Image by Getty Images via @dayliferesponsibility of the landlord. For instance, a faded curtain that needs changing, faded painton walls and a dirt spot on the carpet are examples of wear and tear expenses that should be
carried by the landlord.
The security deposit should be applied on excessive filth or damage caused by the tenant.
This includes damaged appliances, holes or large marks in the wall or other damage on the
premises that need repainting or repairs. These things, when done well will earn the trust and
loyalty of your tenants and could even be a motivating force for your Realtor to get you more
potential tenants.
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