Learn Our Budget Dumpster Rental Tips for Landlords with Loads of Junk to Move
As a landlord, you expect to freshen up paint, toss out a few things, and give the apartment a good once over after your tenant leaves.
However, we wouldn’t be giving budget dumpster rental tips for landlords if this was always the case.
Sometimes it feels like the renter turned your property into the city dump. If this is the case, a dumpster rental company should be your first call.
#1. Eviction Notice Equals Dumpster Rental
If push comes to shove and you have to evict a tenant, you’re likely going to have some challenges to take care of. Tenants who are being evicted may not have the resources or desire to pack up their items neatly. They might just leave everything they don’t want to deal with behind. Then, it’s your problem.
If this is the case, you’re probably dealing with angry tenants and way more junk than you bargained for.
Situations like these are exactly why landlords should have a good working relationship with a local dumpster rental company.
#2. A Renovation Partner You Can Count On
No matter how beautiful your complex is or how hard the maintenance crew works, eventually, renovations will be needed.
When it comes to renovating properties there’s typically going to be a lot of debris to haul away. If you own apartment buildings, you might be renovating more than one unit at a time. If you rent houses, you might need to replace several things when your tenant moves on.
Trying to do away with the junk on your own can cost you on two fronts.
You may miss out on opportunities for new tenants while you’re trying to get everything hauled away and get your property back in order.
On top of that, going to the dump or recycling center is an extra expense you need to account for. It can cost quite a bit to dump the junk and recycle old items.
No matter the situation, having a hauling partner that’s dependable will allow you to turn around your units faster and maximize your revenue.
#3. College Be a Learning Experience
Let’s face it, the college experience for most folks boils down to studying, partying, and finding a way to pay for the party. You’ll notice we didn’t mention cleaning.
This is another classic example of why we find it necessary to share budget dumpster rental tips for landlords.
Even students who make the Dean’s List may not make time to clean up before handing the keys back to the landlord.
There is usually some heavy-duty college cleanup needed when students decide to leave the cleaning to the property manager.
College students can certainly be challenging tenants. However, the same thing that makes them challenging may also make them great prospects.
There will be new college students every year. Each of them will need a place to live. This could be a golden opportunity to keep your units full.
Cashing in on the college crowd will require a fast turnaround.
When time is not on your side, it is a great idea to develop a relationship with a local junk hauler. Just let them know upfront you will need your rentals to be turned around in a few days.
Establishing the timeframe upfront keeps unfortunate events from ruining a golden opportunity.
#4. A Volume Discount
In many industries volume discounts are commonplace. Companies are willing to cut customers a break if they know they’re going to get a steady stream of business.
The junk game is no different. As a landlord, you’re going to have to clean up your property even if you are lucky enough to have all your tenants be model renters.
So, don’t be shy about asking your local junk hauling company if they would be open to working a deal.
This is potentially a big win for both of you.
From remodeling units to carting off debris after fixing a roof, you’re going to have lots of junk to do away with. Chances are, your local hauler would love a customer they can count on for several big jobs a year.
Working a deal is another great reason to make sure you’re partnering with a local dumpster rental company. The big, nationwide chains may not be willing to change their pricing structure even for the promise of repeat business.
#5. Brother-In-Law Backlash
Eventually, you’re going to have a friend or family member hit you up for a deal on a unit. It feels great to help friends and family whenever you can.
Just be aware, sometimes family and friends can turn into your most troublesome tenants.
You would think friends and family would make a big effort to pay on time and keep their units spick-and-span. After all, they understand how hard you work, and you may have given them a great price on the unit.
All too often, things tend to move in the other direction. Friends and family wind up taking advantage of your kind gesture.
We recommend budgeting a little extra cash for a dumpster rental in case you wind up with the family-sized mess on your hands.