Welcome back, welcome back, welcome back!
If you’re a studious Tenant Report reader, you’ll have already conquered the first two parts of the ultimate move-in guide. This part requires a lot less spackling but is just as vital: handling cash and getting everything settled.
Your outgoing tenant, unless they decided to throw a rockstar party, has likely earned their security deposit back. Give them a check from an account that is not going to be overdrawn, because you’re probably the last person they want to have a dispute with within their new home. Paying them out of the general fund should be fine depending on your municipality and company status. Don’t make them a personal check.
At the same time, your new tenant is likely paying the first month’s rent in advance, and a deposit. Don’t have so little cash on hand that these are contingent or you’re going to have to make some awkward phone calls either demanding cash or apologizing to your leaving tenant.
The lease you can do
Your lease should be fair but not draconian. If it’s been reviewed by a lawyer, then you’ll know that it is enforceable and will stand up in a court of law. It should also be understandable, and short enough that upcoming tenants will be able to read it and ask you questions in your office in front of you, in person or virtually.
Save the dates, save the world
Give yourself a minimum of 24 hours between move out and move him. If you need government inspection, massive repairs, or the like, be aware of that. If employment is high, weekend move-ins are probably best, but too many people moving into the same building can be hectic.
With these tips in mind, you should be well on your way to having successful move-ins. Now take a deep breath, enjoy some trail mix, and reflect back on what you’ve learned, and the excellent mountaineering metaphors of this guide.