All Forum Posts by: E.S. Burrell

@Tina Dupart @Dan L. Made a good point. Get proof of the 10k. Request a bank statement with the funds. I wouldn’t pass up the chance to get your 10k......Do you know what you can do with 10k?!!! It would be a NO GO to sign another 12 month lease. 90 days sound good. Then terminate after the 90 days with a 30 day notice. Don’t put yourself through another year of dealing with this tenant.

@Travis Oakes Congratulations!

As the old saying goes, “If it’s not in writing, it didn’t happen.” Get everything in writing. Especially maintenance requests.

Communicate/ respond to tenants in a timely manner. Be trustworthy. Be reliable. Introduce yourself by letter and keep it sweet and simple.

I personally accept all means of payment except cash. Two of my Tenants pay by check and money order. Others rather use cash app; my rentals are SFH so I use a PO Box for all my business affairs. Wishing you the best!

@Account Closed Thank you!!! 😊😊

You all have been soooooooo helpful........

I have decided NOT to replace the TV for these reasons:

  1. It's stated three times in my lease to get renters insurance and I am not responsible for personal property.

  2. Electrician fee: $200; HVAC fee: $125 = $325 ( who knows how much the TV will cost ) 

However, I have decided to purchase  two surge trips for my tenant and explain the importance of using them and the importance of having renter's insurance. I empathize with them but I have to draw the line somewhere...nipping it in the bud. 

I'm working on my 7th rental and have already added mandatory renter's insurance AND power surge strips to the lease. Experience is the best teacher. 

@Mary Alexander-Brum, good call. Never even thought of adding a surge clause to lease. I will moving forward. 

Hi Steve and thank you.  My electrician checked and even though there were three prong outlets, he replaced the outlet with a new one just to make sure that wasn’t the issue. We plugged other things into the outlet and the TV is the only thing that doesn’t work. 

Hi All

Tenants lost power throughout the house. Electrician was called to investigate the problem. He said there was a power surge and got the lights working. The furnace quit working. My furnace guy said that the furnace needed a transformer. Furnace is now working. Tenant plugged in TV and TV is not working but everything else that is plugged in outlet works. Am I responsible for replacing the TV? Tenant does not have renters insurance. Thank you. I’m taking notes from your responses.

@Bryan Senker

I love the different colors. They are warm and upbeat. As someone said, you can decorate the rooms with matching furniture. Give each room it’s own identifying name. If you use your imagination, this could be the start of something big and set a trend!!

My older tenants pay by check or money order. My younger tenants prefer cash app.

@Joe S.

Yeah @Cameron H. Forbis must be pulling up in his Bentley to collect rent lol just kidding 😊.

I think tenants hate LL’s because of slumlords and the tenants lack of knowledge and understanding that it takes to run the business.