All Forum Posts by: Christine Mwai

@Mindy Jensen, yes, not all tenants are the same....especially in SFH rentals..The lease is always upheld, but one can use discretion as a landlord.People rent for a wide variety of reasons. Some have owned their own homes but are renting due to specific factors or by choice.

@Rob Lane, ...  Now you have me laughing, none of your tenants can paint? Send a memo reminding all of them that free classes are offered at HomeDepot and Lowes.

On a serious note though to answer the Post, my leases state no changes to the property without approval and I list "including but not limited to A, B, C,D...."

My last move out asked me to release them from the lease 3 months early as their finances were tight, I did after a secured a new tenant. The walk through showed one of the kid's bedroom needed repainting.She asked if she could do it herself to save $..I said yes, as long as the finished product meets my standards of great painting. So she took a sample, matched it up and painted the room very well. And all were happy. 

Case in point is, approach your business and tenants as you see fit. I would not do a new paint color change for new tenants at my expense. I do however ensure the paint in all rooms is decent.Best wishes.

Thanks a bunch @Andrew Postell. 

@Account Closed, if you are aware of any that would possibly lend in my scenario, I would appreciate it greatly as well. Best wishes to all.

Great question and helpful answers.

I'm looking to do a cash out using rental income as the main source and the lender having first lien position ( free and clear properties in a good area).Have had these properties for 2-4 years as rentals. My credit is not great .Any thoughts on a lender that lends in AL that may consider this a workable situation?Thanks.

Investor friendly... 

So great to discuss buyer investor topics, properties with an agent that "gets it"... Any thoughts or good and bad experiences?

Pick or choose your online site for  credit and background check. It's usually $29-39 for both. On the reference check, employment check, rental history check....I make those calls personally. Well worth the time of not having a problem tenant. Here is an example, I called the work place listed on the application that I had received 4 days before. The application was true.. he was let go of the day of my call.... literally a few hours before I called. Is that good information to have?

This landlord/tenant scenario has crossed all sorts of lines and boundaries. What do they have in writing? That would be a good starting point for you.

What does your state say about abandoned tenant property?.. If within the law and it's a piece of junk, sell it to one of those companies whose ads I see saying, " we buy junk cars, no title or keys required".