All Forum Posts by: Andrea M.
Andrea M. has started 24 posts and replied 553 times.
Post: Anybody deal with a tenant that had a 'clean' record and...

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Sound like the tenant is going through some major life challenges/changes. If tenant can't be out by the date on your pay or quit, move forward with the eviction process or cash for keys.
Regarding the sub tenant paying the actual tenant rent, I believe that may have to be settle between them since you didn't rent the place to the sub tenant.
Post: Screening criteria

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Any disqualifying criminal background information that may surface if you do a background check.
Post: Not renewing a lease

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Yes, I would send a letter to the tenant notify the tenant of non renewing the lease of the sale of the property, If they would be occupying the property while it's on the market for sale , the showing instructions and how much notice will be given to them (24-48 hours).
Post: Section 8 charge what they will pay?

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Section 8 in my area typically reduces the asking rent based on the market. I had a 3br listed for $850, section 8 approved $827.00.
Section 8 won't pay any security deposits
Post: Template for Ending Lease- Landlord to Tenant

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Check under the resources tab >file place lots of templates there.
Post: C Neighborhood: What rehab additions will increase $Rent/mo?

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
No dishwasher/disposals in lower end rentals, just basic appliances fridge & stove.
I would market it for $700-$750 per month and assess if I need to reduce the price based on interest/feedback once it's actually on the rental market.
Post: Appliance Contract

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
I don't have any appliance contract but I would assume you have to include who would be responsible for paying for repairs/replacement and negligence as well as a few helpful hints on what not to put into disposals and rinsing off dishes before putting them in the dishwasher.
Post: Closing on a rental, what information/documents should we get from current owners?

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
I would request the tenant's entire file which would include application, credit/background info, copies of identification and security deposit information.
I believe security deposit will be transferred/credited to you upon closing, but you can get clarification from your closing agent/attorney.
Once you close on the property, send the tenants a letter introducing yourself/your company as the new owner/manager with contact information, how/who to contact for maintenance request, how to pay rent and what will take place within the next few weeks regarding setting appointments for walk thru inspection to assess for repairs/upgrades and meet the tenants, signing new leases, requesting updated documentation (proof of income/identification ) and things of that nature
Post: YOU SHOULD PAY $ TO YOUR WORST TENANT

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
In my area, court cost average $58-$72.00 depending on the # of people on the lease, and average time from filing unlawful detainer to gaining possession approximately 30-45 days. I don't do cash for keys.
Post: Is this legal for a landlord to do ?

- Real Estate Investor
- Hampton, VA
- Posts 562
- Votes 109
Doesn't sound legal to me, but you may want to get an attorney involved. Regarding the electrical outlets/infestation and other issues you may want to get the city code compliance involved as well.