Messing With Deposits Could Send Us To Jail ​

Hawaii Property Management Podcast with Duke Kimhan

We do everything we can to protect our clients’ investment properties. One way we do this is by having renters sign an addendum when they move in.

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I’m here today to talk a little bit about the tenant security deposit and how the tenant gets that returned to them when they move out. We provide each tenant with a move-out addendum that they sign when they move in.
There are a number of things that the addendum covers. Before moving out, tenants will have to:

• Have all carpets cleaned professionally
• Agree to a 10-day walkthrough
• Fill and patch any holes created by hanging pictures
• Remove all yard debris and garbage
• Return the property to the condition it was on move-in day
• Have a special carpet treatment if pets had lived in the home

We want to make sure your property is in the same condition when a tenant moves out as when they move in. This is how we guarantee that your security deposit return will be 100%.

We’re here to put money in your account and protect your property.

Now, it is important to keep in mind that a house will have some normal wear and tear on it after a few years. Most of this stuff, like re-applying caulk around the bathtub, we require the tenant to do at their final walkthrough.
This is how we protect your investment and it’s why we need to make sure your home is all clean before a tenant moves in or out. There are only two reasons why I’m in business. One is to put money in your account, and the other is to protect your property.
If you have any other questions for me, don’t hesitate to give me a call or send me an email. I would love to hear from you.