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I decorated my 3-bed rental property in December 2011 which included painting through the property and new carpets in the staircase and bedrooms. This is just over 5 and half years ago.
My current tenants moved in on November 2013 and are now asking to repaint the house and change the carpets. I agree the carpets do look a bit worn.
However instead of a carpet replacement in the bedrooms, they have asked for laminates instead.
I am thinking to cover the cost of the laminates. I will give them a budget and if they want to go above that, they can cover the difference.
However, I am unsure as to how to tackle the painting. Should I cover this cost also or leave this to them? I will of course want a good job done so it will have to be done by a professional as they don't seem confident to do it themselves. The current paint is still in good condition, doesn't look worn, the tenants simply want a refresh.
How would you handle this situation? They are good tenants that always pay rent on time, however part of me thinks if they want to update the painting just for aesthetic reasons maybe they should be responsible for it?
I think putting laminate floor down would be a good investment if the carpets are worn, if they were to leave you would probably replace anyway to attract new tenants, so if the existing ones are good why not? Ref the painting I'd be reluctant if all in good condition, have you increased the rent iin 5.5 years? If not then might be a condition where if you agreed a modest increase and then you'd re decorate so it would pay for itself?
Just gone through an almost identical sent of events myself. My approach was to talk to the tenants and said we need to come to a solution that works for them and me. We agreed to a rent rise and that I would do the floors but that they would have to do the painting themselves. They were fine with that and appreciated being involved in the process.
Thanks for the replies.
I have raised the rent earlier this year so raising it again is not an option.
Michael so did the tenants paint it themselves, or did they pay someone to do it? If they did it themselves, how good was the finished job? If i let the tenants do it, I'd be worried about the job being sloppy, and then I would have to redo when they move out.
We recently purchased a house where the previous tenant had been allowed to redecorate themselves, purple walls, chalky bright pink paint, it was a total mess. On the ceilings and skirting boards.
It took us ages to rectify! I would personally send in your own decorators.