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8 Hacks to Get Your Tenancy Deposits Refunded

8 Hacks to Get Your Tenancy Deposits Refunded

Proper End of Tenancy Cleaning Guarantees Your Deposit Refunds

Many good property owners expect their property to be returned in the best hygienic state it was given out. Also, they understand that their property has been used for many years and is due for its tears and wears. However, there could be others who no matter how long their property has existed, they expect it remains ever brand new as it was when newly built and never agreeing to wears and tears. These property owners are ready to push little issues about wears and tears on their property to any length “legality and beyond” just to get you over billed. As if they expects you never to touch anything while using the property.

Is there a possibility to know which one of these landlords understands the use of their property and its depreciation value with age? Well, I don’t think it’s worth the stress finding out which landlord is understanding or which is not. So, if you desire to have your tenancy deposit refunded, there is need to return the property in the best way possible as it was let out and just in case, get some evidence.

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1. Keep check in records.

Just with time, it’s likely you will forget the status of the property when you moved in. It is very important that the wears and tears on the property like wall stains (scuff marks) before moving in are documented and signed by you and the property owner as fast as possible. With this, you won’t be charged for any existing property wears and tears when your tenancy period ends. also, keeping check-in records will help save many issues about electricity, waste disposal, if any surfaces need special cleaning and more.

2. Taking photographs.

It will be amazing that your camera is a strong a weapon when issues arises. While moving in or out, make sure to photograph the each you as you meet it or left it. In case any issue comes up, the photograph indeed can never be wrong unless it’s showing entirely another property. It’s also advisable to take dated photographs or labeled photographs immediately as you arrive at this property and never forget to send them along with the check in records. Keep your own copies, too.

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3. Invite the property owner and walk him around.

While moving in, it’s sure your landlord will walk you around the property for inspection and records before signing the agreement documents. Still, it’s very important to ask the landlord around and walk him through the property both interior and exterior to attest the status of the property before finally moving out and if possible, he may come around with a potential tenant wishing to take the property over from you if there is already one. The landlord can use this as an opportunity to point out anything he is not OK with regarding the property status and you settle it the best way to avoid issues with your deposit refund. Use the check-in record as a guide. Interestingly, the potential tenant could act as a witness to this inspection.

4. End of tenancy cleaning.

At the most, this is where major issues arise and everything we have said this far all has a link to this. Interesting to know that over 55% of deposit issues comes from non-satisfactory cleaning by the tenant. Landlords often use this as opportunity to withhold your deposit and you have to be very careful how this is done. To be sure of your deposit refund, it’s advisable to contact an end of tenancy cleaning company for their service if you don’t have enough time left to do it or it appears too stressful for you.

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However you chose to do this, either cleaning yourself or requiring the service of professional end of tenancy cleaning company is your choice and not the landlords’. The landlord can’t force you to use a particular cleaning company for the cleaning. It is good to let him know however you wish to do your cleaning, but know this well that it’s solely your decision. If you chose to do it yourself, this simple steps should guide your alongside your check-in records.

5. Remember the hidden areas.

This is especially important if you chose to do your cleaning yourself. It is very easy to become used to your environment and never noticing areas where dirt could accumulate but the landlord will be sure to notice these areas on inspection. To ensure you do this to its best, it’s helpful to assume it’s your first time in the environments and you’re making sure it’s safe for your habitation, so you have to make sure you look around properly.

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Asking friends for help might be of great help while they act as the landlord passing judgment on your work if it’s satisfactory or not. Ask them to be fair and serious enough because it will be of great help. Inspect where normally you hardly look like on top the refrigerator, the top corners of the room, etc. Check and unblock all plugholes.

7. Be paranoid.

Just because your landlord seems nice to you or often compliment you on how great you keep this property, doesn’t mean they will keep that nice manly attitude at the end of the year of your tenancy period. If perhaps you are renting for the first time, ask those who have had such experience and they will have much to tell you about this.

8. Don’t forget the tenancy dispute service.

No matter how smart or careful you may be, chances may have it that issues arise. There could always be broken promises and a huge sum of completely illegal charges on the deposits at the end of the rental period or end of tenancy is demanded. No matter how right you are, there might be a need to settle issues with tenancy dispute service and both will be asked to submit all evidences at the moment. Remember, keeping records becomes very useful here and you certainly will be able to claim all your deposits back if evidences are in your favor.

Featured photo credit: javavida.com via cheapestironing.co.uk

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

More About Thinking Smart

Featured photo credit: Austin Distel via unsplash.com

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