Syrup Beaver
pants log
References all checked out, I think people are scared to say something nasty about someone else.
Ontopic Landlords out there?
- Thread starter eileenbunny
- Start date
References all checked out, I think people are scared to say something nasty about someone else.
Syrup Beaver
pants log
I would almost guarantee that more than 50% of renters screwed something up, I know I have when I rented.
Mr. Argumentor
I fab shitboxes and shitbox accessories.
YupBut see Eileen, this little exchange here is EXACTLY why you need a management company
Because it sucks for both the owner, and the renters.
Friend of the family back in Tallahassee runs a management company, pretty damned ruthless, first time rent goes unpaid with no notice he starts the eviction process just because of how long that usually takes.
Mr. Argumentor
I fab shitboxes and shitbox accessories.
Everyone fucks up something or other. It is human nature.
You said that most renters have no regard for other people's property, which is false
Mean Mr. Mustard
Always shouts out something obscene
Must be
Last house I rented , I probably left it in better shape than when I moved in.
Syrup Beaver
pants log
Syrup Beaver
pants log
Oh no, that is completely true, in fact, I would extend that to say most people in general have no regard for other people's property.
Syrup Beaver
pants log
Mr. Argumentor
I fab shitboxes and shitbox accessories.
Mean Mr. Mustard
Always shouts out something obscene
Dory Berkowitz-Bukowski
Clam whisperer
Most? Citation.
I personally don't know anyone who has 'disrespected' a rented property. I've heard anecdotally of scumbags who rip shit out etc. but that's just wrong. People here care too much about their deposit to ruin things. Also you need good landlord references etc. so you kinda fuck yourself over.
Dory Berkowitz-Bukowski
Clam whisperer
My house will look better, bit of wear and tear on the cheapass carpets but that comes under 'reasonable living' in the contract. Definitely repainted, reglossed (or in process of) etc. so much better than the 70's green/yellow grossness it was.
Syrup Beaver
pants log
Different attitudes in your neck of the world.
I see it allllllllllllll the time over here.
Less so in this particular redneck ville though.
Syrup Beaver
pants log
Unless the owners liked the 1970's colours
New paint is to always be expected, as is reasonable carpet wear, but if the carpets need to be replaced because they're soaked with urine and feces, that's not cool.
Dory Berkowitz-Bukowski
Clam whisperer
Very different I'm sure considering the majority of people seem to rent,buying here is not something you do when young or unless you are in a damn good job or inherit, you need about 20%+ deposit these days and getting together £30k or whatever while paying rent is pretty impossible.
Dory Berkowitz-Bukowski
Clam whisperer
Unless the owners liked the 1970's colours
New paint is to always be expected, as is reasonable carpet wear, but if the carpets need to be replaced because they're soaked with urine and feces, that's not cool.
Yeah but do 'most people' think it's okay to live in a place where the carpets are urine soaked? Probably not. So either most renters suck in the US, US hygeine standards are low or your estimate is a bit off
The feces gives it a warm patina. It's part of the grunge look. Totally normal.
IIRC, you guys are already out-of-state landlords on another property, right? I'm sure you've got the basics down. The management company can be a good buffer, but obviously not required. How is your insurance? If you don't have one, I'd recommend at least a $1M umbrella policy. They are usually just a couple hundred bucks a year and can really save your ass. They're also cheaper and less of a hassle than moving the properties into an LLC.
As Asa elluded to, when you collect rent from them every month, either change or provide them air filters for the A/C unit. Its in your best interest. Honestly, I'd recommend changing them yourself (put that in the lease agreement). That also gives you a chance to visually inspect the inside of the property monthly for signs of bad things.
Oh, and if you want to check references, don't check where they are living now. If they are bad renters, that place will give them a GLOWING review just to get rid of them.
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Used a company to find a renter then managed it ourselves. She suckers, smoked had pets (both not okay per lease) and then up and moved out after I checked in and saw what she was doing. I will never try to manage myself again, let the pros do it.
Syrup Beaver
pants log
See, here, depending on what part of the country you're in, you could get a ramshackle singlewide on a small patch for only a few grand.
Rent in the cities is commonly first month, last month, plus a security deposit equal to a months rent. In more rural areas, it may be first + security, or even less.