All Forum Posts by: Mike Franco

She is the one who wants to break the lease, so she has to cover whatever cost it takes to re-rent the place.

remind her of what CA state law allows, and tell her she won't win by suing. 

Firstly, I think if you are renting to dog owners, you have a duty to provide secure fencing, latches, locks, etc.

if you already provide that, then there's no reason to build another fence. 

Tenants have a duty to use those latches and locks properly. If she's leaving the gates open, that's her fault. You're not responsible for her carelessness.

Next thing you know, you'll be asked for a barbed wire fence with a security guard out front.

carpets look like crap after the first year.

fibers get all worn out, and then prospective tenants get grossed out looking at it, EVEN THOUGH these same prospective tenants would destroy the carpet just the same.

stupid double standard.

good tenants (on paper) generally aren't that difficult to find.

The only big unknown is how much of a slob prospective tenants are.

You can check for credit scores, evictions, etc. But you'll never know how badly they can damage your home.

i heard that putting such a restrictive air filter will put excessive strain on your hvac, and it might fail early.

If I had my way, I would give him a lifetime supply of antihistamines.

Certainly cheaper than the damn $2000 duct cleaning, which is only temporary at best.

You could probably get new ducts for that price.

hypochondriacs are the worst.

self manage until the opportunity cost is too great.

I have never been able to find an honest reputable efficient PM, and don't plan to keep searching.

The key is to keep your property in top shape, then you attract the best tenants and there's really nothing to do except collect rent electronically without getting up from my couch. That's the most ideal self managing situation.

Is that luxury vinyl plank flooring? 

if so, how badly was it damaged?

law enforcement breaks windows....  This is why you stick with cheap single pane aluminum windows.

cheap and easy repairs.

I love it. That video clearly shows how tenants paint, when they ask you if they can paint. No cut ins, no masking, painting directly over grease.

Another perfect example of why you never let the tenants do any work for compensation. They never do it.

 interesting. I still get a hefty amount of interest even with a no pet policy here in the LA suburbs.

per diem is the standard everywhere.

wtf do these tenants want? 

Was the test positive for toxic mold?

They obviously can't live in the property, as that would be hypocritical. And then you said there's no state regulation about mold levels, so how is the tenant going to determine what is satisfactory?

So it sounds like they want you to spend $99999999 to fix the property so they can go back to renting it at their low rate.

Sounds like time for a constructive eviction. See how long they can tolerate the process, and maybe they'll evict themselves. Tell them you're never going to possibly get rid of every ounce of mold, so it's time to look after your health and move out.

PITA tenants want to call every authority and screw you good. Next thing they'll do is call the IRS and see if there might be any unqualified tax deductions the owner made.

Time for a plan to get these vengeful hypochondriacs out.

What are your observations?

if i have a $2500 rental, $250 per month extra rent? 10% ? 

Anyone ever collect more than that?  Are tenants really willing to pay?