Ep 30 - My Tenants Moved Out, Now What Do I Do?

<p>In this episode, we talk what you should do after your tenant leaves your apartment/unit! We give all the necessary steps you need to take as soon as they head out and what you need to do next to find a good prospective long term tenant! </p> <p>Help support us by joining our Patreon! (<a href='https://www.patreon.com/BrokeMillennialFinance'>https://www.patreon.com/BrokeMillennialFinance</a>)</p> <p>Check out our website for more content: (<a href='https://brokemillennialfinance.net'>https://brokemillennialfinance.net</a>) </p> <p>Subscribe To Our YouTube Channel: (<a href='https://www.youtube.com/c/brokemillennialfinance'>https://www.youtube.com/c/brokemillennialfinance</a>)</p> <p>Here are the referral links for you to join to get your free stocks:</p> <p>Robinhood: (<a href='https://join.robinhood.com/naveras-a23246'>https://join.robinhood.com/naveras-a23246</a>)</p> <p>Webull: (<a href='https://act.webull.com/i/QNmo8WB8Yzc2/74x/'>https://act.webull.com/i/QNmo8WB8Yzc2/ufl/</a>)</p> <p>Coinbase: (<a href='http://coinbase.com/join/khan_st?src=ios-link'>http://coinbase.com/join/khan_st?src=ios-link)</a></p> <p> </p> <p>Show Notes:</p> <ul><li style="font-weight:400;">What do you, as a landlord, do now that your tenants have left?</li> <li style="font-weight:400;">Before they left and you have the security deposit <ul><li style="font-weight:400;">Did you check to ensure everything was in working order and no major damage was done to your place?</li> <li style="font-weight:400;">If there is damage or problems, you can take it out from the security deposit.  <ul><li style="font-weight:400;">Security deposits should never be used as back rent (unless absolutely necessary) </li> </ul> </li> </ul> </li> <li style="font-weight:400;">Restart the progress on finding a tenant <ul><li style="font-weight:400;">Does the apartment need to be remodeled?  <ul><li style="font-weight:400;">Meaning do you need to update the kitchen or bathroom or add another room to possibly bring in more rent?</li> </ul> </li>