My tenant didn't move out at end of lease!

[Little6pack]

LMAO!!!!!!

That is what a few LANDLORDS did here in New Hampshire & it worked too.

When the tennant went to work & when got back home all the stuff was gone.

Landlord unlocked the door & gave the address. After a couple of hours Landlord removed the post..

The Low live scums that sit in front of thier computers came out like rats when FREE STUFF is POSTED. :wink:

 

[GNBRETT]

That went pretty smooth considering. Ask for a larger security deposit next time. It will wead out the renters from hell. A buddy of mine rents many properties and swears by it. Some will bark at it, but the ones that do are the ones you do not want living there anyway.

First, last and double the security deposit. NO EXCEPTIONS! It has worked for him for years. Nice guys do finish last.

 

[bison]

That went pretty smooth considering. Ask for a larger security deposit next time. It will wead out the renters from hell. A buddy of mine rents many properties and swears by it. Some will bark at it, but the ones that do are the ones you do not want living there anyway.

First, last and double the security deposit. NO EXCEPTIONS! It has worked for him for years. Nice guys do finish last.

This is very true Brett. If they cant afford the deposit then they probably will be a ****ty tenant. The problem is renters are desperate as hell because they have vacant space they need filled. 2 months deposit and the first month would be the minimum and 3 months if they are having pets. Pets will **** up a house in one month. Some tenants will **** up an apartment in one week. You have to deal with some of these lower class POS every day at work. You cant be a sympathetic land lord or you will fail

 

[Pronto]

My boss has low rent housing with tenants on assistance. He is always making deals to get them in. They don't have a couple of grand for the security deposit and first/last month rent. This is even with public and private help. Most of his renters are loosers, blowing every penny they got on booze, drugs and butts. A handful have genuine mental issues but are good about paying and keeping their place clean. I'm glad I didn't get involved in that venture.

 

[GNRick]

Now I find out the water was shut off yesterday because they didn't allow the water company to upgrade the meter. It will cost me (well, them) $32 now to do it. Would have been free to them. I will be renting out my current house when I move back to that house. I got smart and hired a management company to screen the tenants and collect the rent. They deduct 9% per month from gross rent for their service. I hope it works out ok. As for my tenant experience, the first one burned down the 3 car garage when it was just 2 years old. Then she was mad because I kept her damage deposit of $500!

 

[Dabigguy]

Holy Hell Rick, 9%? That will add up to some serious $$$$ over time. Just pay me 8% as a retainer and I will take care of business for ya!!!!!

They didn't ALLOW the water company to upgrade the meter? Around here they tell you what and when they are doing it and you deal with it.

 

[GNRick]

Holy Hell Rick, 9%? That will add up to some serious $$$$ over time. Just pay me 8% as a retainer and I will take care of business for ya!!!!! Great! When can you start?

They didn't ALLOW the water company to upgrade the meter? Around here they tell you what and when they are doing it and you deal with it.

Water company said someone has to be there. I don't know why. So now I am dealing with it.

 

[bison]

My boss has low rent housing with tenants on assistance. He is always making deals to get them in. They don't have a couple of grand for the security deposit and first/last month rent. This is even with public and private help. Most of his renters are loosers, blowing every penny they got on booze, drugs and butts. A handful have genuine mental issues but are good about paying and keeping their place clean. I'm glad I didn't get involved in that venture.

Id bet that within 3 months your boss will have roach infested apartments that will need thousands each to repair after he evicts a few of these POS. He will learn. One friend off mine had a similar situation and with in 6 months they had destroyed the who complex and ripped all the plumbing out. He just handed the keys back to the bank since it was going to cost about $80k to fix the place and he had almost zero equity in it.

 

[bison]

, the first one burned down the 3 car garage when it was just 2 years old. Then she was mad because I kept her damage deposit of $500!

For being a KUNT you should have had her served with papers and collected more than the $500. If you had photo/video evidence it would be a sure thing.

 

[Pronto]

Id bet that within 3 months your boss will have roach infested apartments that will need thousands each to repair after he evicts a few of these POS. He will learn. One friend off mine had a similar situation and with in 6 months they had destroyed the who complex and ripped all the plumbing out. He just handed the keys back to the bank since it was going to cost about $80k to fix the place and he had almost zero equity in it.

He's been at it for about 6 years. He's had roaches, bed bugs, fleas, stray cats crapping all over empty apartments, mold, lead paint, leaky roofs and toilets, drug dealers, assaults, destroyed rugs, flooring, walls, dumpster loads of trash left in the apartment, outside water facets left on for a week, dogs not allowed by the lease, non leasees bunking in for weeks at a time, parking space disputes, tax re-evaluations upward, mortage companies gone under, evictions, public assistance agents demand repairs, wrong newspaper rental ads, maple syrup poured all over the floor by an evicted tenant, wrong keys and of course the like clockwork late payments. All that for property that has lost half it's value from what he paid for it. It's like shovelling sheeet against the tide. I almost joined in on that venture. Thank God I didn't.

 

[GNRick]

For being a KUNT you should have had her served with papers and collected more than the $500. If you had photo/video evidence it would be a sure thing.

She had to move because of the smoke damage to the house. Insurance was supposed to pay for 9 months of lost rent but they only paid for 3 months. Took longer than that to remodel the place so I lost money in rent, legal fees to sue contractor, lost time and labor to clean walls and paint them.

He's been at it for about 6 years. He's had roaches, bed bugs, fleas, stray cats crapping all over empty apartments, mold, lead paint, leaky roofs and toilets, drug dealers, assaults, destroyed rugs, flooring, walls, dumpster loads of trash left in the apartment, outside water facets left on for a week, dogs not allowed by the lease, non leasees bunking in for weeks at a time, parking space disputes, tax re-evaluations upward, mortage companies gone under, evictions, public assistance agents demand repairs, wrong newspaper rental ads, maple syrup poured all over the floor by an evicted tenant, wrong keys and of course the like clockwork late payments. All that for property that has lost half it's value from what he paid for it. It's like shovelling sheeet against the tide. I almost joined in on that venture. Thank God I didn't.

Holy smokes!

 

[injdinjn]

In CA there is a limit on the amount you can hold for a security deposit. I was advised to collect first and 1.5X monthly rent for security. That way if they skip on the last months rent, which most do, I still have 50% for repairs.

 

[Little6pack]

Most of his renters are loosers, blowing every penny they got on booze, drugs and butts. A handful have genuine mental issues .

Sounds like our officials in washington DC

 

[bison]

In CA there is a limit on the amount you can hold for a security deposit. I was advised to collect first and 1.5X monthly rent for security. That way if they skip on the last months rent, which most do, I still have 50% for repairs.

My best friend lives in CA actually moving back to HB from Anaheim as we speak. I asked her about the rules out there and she said its a lot easier to evict someone in CA than in CT. It could be done in 30 days. My bro lives in west ollywood and i was suprised at the low rent prices i was hearing for the area. He explained that they have rent control. That cant be a good thing if you own the property since it will limit the market value based on the monthly maximum rent. Also all the section 8'ers will be able to afford the rent which is not a good thing either.

 

[bison]

He's been at it for about 6 years. He's had roaches, bed bugs, fleas, stray cats crapping all over empty apartments, mold, lead paint, leaky roofs and toilets, drug dealers, assaults, destroyed rugs, flooring, walls, dumpster loads of trash left in the apartment, outside water facets left on for a week, dogs not allowed by the lease, non leasees bunking in for weeks at a time, parking space disputes, tax re-evaluations upward, mortage companies gone under, evictions, public assistance agents demand repairs, wrong newspaper rental ads, maple syrup poured all over the floor by an evicted tenant, wrong keys and of course the like clockwork late payments. All that for property that has lost half it's value from what he paid for it. It's like shovelling sheeet against the tide. I almost joined in on that venture. Thank God I didn't.

He should just hand that **** back to the bank.

 

[WH1_T-Type]

Ask around about the company you hire to manage your property. My parents owned a place in MO when they were living in CA/TX and had it 'managed' by 'professionals'. Basically all that company did was take their cut whenever the people DID pay rent. After my dad fired the company, tracked down the last renters to skip town and got his money from them, we took a trip to fix the place up. It was HORRIBLE. Took a couple weeks of constant work to get it back up to OK.

Not all managment companies are created equal!

 

[GNRick]

Ask around about the company you hire to manage your property. My parents owned a place in MO when they were living in CA/TX and had it 'managed' by 'professionals'. Basically all that company did was take their cut whenever the people DID pay rent. After my dad fired the company, tracked down the last renters to skip town and got his money from them, we took a trip to fix the place up. It was HORRIBLE. Took a couple weeks of constant work to get it back up to OK.

Not all managment companies are created equal!

This is my first experience with a management company. The girl there said in the lease it allows for them to come in seasonally to change the furnace filters, so they can inspect the place while they are there. I looked at the lease and it seemed pretty good to me. I'm in the process of packing up now and all those Buick car parts and diecast cars I've collected over the years are a real pain to move.

 

[Pronto]

He should just hand that **** back to the bank.

Bad timing and bought too many too fast. He should have bought 1 property in a nicer part of town where he could get a better tenant and learn the business. In a shotgun blast of 4 properties he's overwhelmed with repairs and tenant issues. He orginally had a property manager/mentor that totally screwed him. Slow learner.