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All Forum Posts by: Cody F.

Cody F. has started 28 posts and replied 50 times.

Post: Any property management software for tenant background check

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

@Horacio Gutierrez

I use rentec direct, I charge 25 dollars for an application fee. Cheaper than most other places. And then to screen with rentec you can go the cheap option for 7 dollars, or do the premium for 15. 15 dollars gets you eviction, credit, and criminal reports. It's been really good to me.

Post: Tons of people asking to see an apartment, how to handle this?

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

We have an apartment available, but there's about 1 in 10 applicants that ask to see it before applying. I don't want to drive all the way there just to show the apartment to someone who I'd never rent to anyway.

How do other landlords and property managers deal with this?

We live 30 minutes away and self manage the property because we have maintenance and security covered.

I'm only there a couple days a week right now. Long term we plan on being more remote so we'll probably hire a leasing agent for these instances but I would still not want to waste resources on meeting with people who we would never rent to anyway.

Post: Asbestos in vacant apartment, how to handle this??

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

@Matthew Paul

What's the best way to dispose of them properly?

Post: Carpet remediation, bring it back to life one more time!

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

@Dennis M.

Hahaha that's actually kind of genius!

Post: Release of liability, how to protect yourself legally?

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

I'm having to work with a lot of contractors while doing apartment remodels. How do I make sure I don't get sued if they get hurt or something?

They all reassure me that they have insurance and don't sue people but I'd rather make sure the business and ourselves are protected. We already have everything set up through the LLC, and I've been writing up a release of liability paper by hand, but I need to do better. What should I do?

Post: Carpet remediation, bring it back to life one more time!

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

Anyone know how to bring carpet back to life one more time?

We just had an eviction and these people spilled kool aid, candle wax, and probably a million other things over it. It's matted down and looks like a mess.

Any magic cures?

Could you potentially lay vinyl plank over it? Might actually make it feel padded underneath like the luxury stuff?

Post: Asbestos in vacant apartment, how to handle this??

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

We purchased an apartment complex that needed brought back up to speed, and knew that some units had 20 year old carpet in it.

Now when ripping up the carpet we found that there's old tile underneath. The building was built in 1974 so we are assuming it's original, so that makes it possible that it's asbestos tile, certainly looks like it, so we are treating it like it is until we find out otherwise.

I'm trying to get this apartment renovated and ready to rent. And I'm not sure how to go about it.

What kind of legal liability am I in? From what I've read, it's not dangerous until it's disturbed and the dust is released into the air.

Do I get rid of it? And if so, how?

Or do I just cover it up with more flooring again and run with it that way?

I'm just trying to stay within the bounds of the law so we stay out of trouble. Any and all help is greatly appreciated!!

Post: Unique situation, need advice on how to handle it!

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

Thank you all for your feedback.

I had a sit down with the property manager today. My first time having a talk like this as an employer. I learned a lot and he was very reasonable and ended up teaching me some valuable things.

He apologized for his son and said he was going to get everything removed and the situation corrected TODAY.

Then when we switched to the topic of pay and retirement, he said he knew this day was coming and had been planning for it. He just needs a little more time. We agreed to start transitioning. He told me that I didn't need to worry about anything and that I'm just being fair, and that I should never worry about pleasing everybody because you can give some people a million dollars and they'd be mad you didn't give them 2.

That man dropped some wisdom on me. I think today was a win win and I left out feeling like we agreed and that it was mutual. I just needed to sit down and communicate with him. He even told me when when he goes, he'll still be available for guidance if I need it. This meeting couldn't have went better!

.

Post: Lease ending soon, still need to file to evict??

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

@John Underwood

So there's no way to save the hassle and money by waiting a couple weeks for the lease to expire?

Post: Lease ending soon, still need to file to evict??

Cody F.Posted
  • Rental Property Investor
  • Auburn, AL
  • Posts 50
  • Votes 20

I have a tenant who's lease is ending middle of next month, they haven't paid for this month's rent yet.

We gave them notice that we will move to evict if they don't get caught up.

Should we just wait out the lease since its so close and then file a demand of possession?

Or do we still need to still go through the eviction process?

Trying to find the simplest route to take to resolve this issue.