All Forum Posts by: Chris G.

@Bo Bond

Thanks for the reply. Makes sense on what you said, I'm not too sure how it'll play out due to it being the owners insurance and I'm just waiting to have the insurance do something to start the repairs. 

@Scott M.

well the owner wants to go through her insurance that way it gets resolved its her insurance vs the other units insurance basically. It's pretty much out of our hands other than the insurance company asking for small things like to view the unit or like I mentioned the HOA incident report.

One of the units we managed flooded due to the unit above having a water leak. I contacted the owner of the unit above and they're refusing to pay for a majority of the issued caused, so the us and the owner has agreed it's best for there to be an insurance claim filed against the unit that caused the issue. So far an insurance adjuster came out and viewed all the issues and wrote a report for the insurance company. They are now asking for a copy of the HOA incident report. When the incident occurred I called the HOA to mention this but was never told I needed a report, can this hurt us and our owner since we don't have one. The HOA is very difficult to contact as well it always goes to voicemail. I'd appreciate any feedback.

@Julie Hartman

Well ours states the same thing that we're able too, sometimes doing so I feel turns the prospect away if the tenant that currently lives there all there stuff around. I was mainly just seeing if other people do this as well. 

@Kevin McCormack

In our leases it states that only the tenant needs to reach out to give us a notice to leave or letting us know they want to renew. Many tenants don't do this meaning I usually give them a call 2-3 months before their lease ends asking if their going to renew or letting them think about it since we just have a 30 day notice requirement. For me at least if I forgot to ask a tenant or follow up with them and they left a notice or asked questions I would take the blame and no consequences for the tenant if they wanted to leave or renew their lease. As for the failure to perform it depends on if they are willing to admit they messed up. If it's possible I'd go to the PM company in person if it's close.

I was just wondering when it is too early to advertise a rental. For example if a tenants lease ends 1/31 should I list it but have it shown not being available until sometime in early February. I see both pros and cons of waiting or posting now. Also my boss wants showings to happen currently even when tenants are still living there meaning I need to set up a time with both the prospect and tenant to show the unit/ condo. I personally think that's a bit weird but I'd like anyone else's experience on this. 

@Brandon Palmer

If the value of the property has increased or the rent you could raise it based off of that and explain to them the market value has gone up. In our leases once the tenants year lease ends it states the lease will automatically go month to month but charge an additional 10% rent. So a yearly signed lease may be $1000 per month but once month to month starts we charge $1100 due to the risk of not knowing when they'll leave. If they are good tenants like you said I wouldn't lose them over that though. 

@Dmitriy P.

For us it's pretty reasonable for the owners that don't mind pets an additional charge of $25 per month. 

@Kenzie McIlvoy

That is the same for me I require 3x monthly rent based off bank statement the last three months, and credit 600 or higher, no criminal history but we don't care about small things like tickets or similar offenses only major, we'll normally call the landlord they had previously and ask if they'd rent to that tenant again. Sometimes if the tenant passes everything expect has low credit we may make the security double. So if the normal security deposit is $1000 we'll make an exception for them but require 2,000 security deposit and will be more strict on paying on time. If I tell someone no it's usually just explaining they didn't pass the screening due to "whatever the reason" and will then explain the exception or explain they won't be able to move forward. 

@Frank McGovern

For us we usually only count the basic animals like cats and dogs. If I go do an inspection and they have a fish I really don't mind as long as it doesn't smell or is making a mess. I think that answer is more the owners preferences and if they care about the tenant having a small fish or hamster.