SMALL TOWN AMERICA

SMALL TOWN AMERICA

Jerry W.Pro Member
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Investor · Thermopolis, WY · Member since 2012 · 4k+ posts · 4k+ votes

I have to post what happened to me today. I had a prior tenant who looked good on paper but he always was late with the rent. I meant to charge late fees, but he was always contrite and apologized and so I never did. He had an extremely good paying job, and I know his mother, and often when I would call him about an unpaid water bill she would bring the money by my house in cash. He moved out with only 10 days notice and I had to replace carpet because he had gotten a puppy and it had puppy urine smell in it that did not shampoo out. One room had such nice hardwood floors, I just left it, the other room got replaced. I repainted several rooms as it had been years since they were painted and needed spruced up. There were minor cleaning and repair items but not much for a single parent dad. The property rented the day my cleaning crew moved out, in fact I helped the new tenants move furniture in.

Due to him paying later and later he got further behind and when he moved out suddenly I realized he was over 2 months behind. My late fees are $15 per day, but to be honest I rarely ever charge them. He did not leave a forwarding address but his mother said he moved to another town. My phone messages were not answered and my letters returned undelivered.

Today I get a call saying he is town and how sorry he was for not being current. He asks me how much he owed, including new carpet in one room, I explained and told him if he paid right now I would again waive late fees. Ten minutes later he shows up with cash, shakes my hand and says thank you for for being so understanding. He already moved again due to work, and it would have been hard to track him down to get a judgement.

These things are pretty rare, but they do happen in small towns. Do things like this happen to landlords in bigger towns?

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  • Rental Property Investor · Upstate, NY · Member since 2012 · 3k+ posts · 3k+ votes
    12y

    I had a guy bail & leave the wife & disabled child without any financial help.

    We gave them the month to leave as the home was too big & utilities too high for her to manage. Social services helped get her into a small affordable apartment. But there were damages because of a dog & he left us a $525 water bill & the lease was specific about 60 days written notice.

    I approached her to track him down for payment but he had moved in with another woman (2 miles from our home) & was working off the books to avoid child support & their health care payments. The auto he drove was leased in the GF name.

    I sent it to collections for the 60 days, all damages & the water bill & got a judgement of over $3200 paying 9% (in those days). Collections added their 30%.

    4 years later the GF threw him out & we were informed he paid us off completely to rectify the hit on his credit. He then lost his drivers lic when NY State pursued him for CS arrears.

    Patience.....pays dividends.

  • Investor · Delaware, OH · Member since 2013 · 224 posts · 64 votes
    12y

    @Jerry W. - Nice story. I once had someone (not a tenant) hand me $100 that she owed me from 10 years earlier. She'd never forgotten - had just never had the cash, and clearly felt guilty. I think there's more people like this than we realize. This guy is a shining example of that.

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