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All Forum Posts by: Ikenna Ivy

Ikenna Ivy has started 14 posts and replied 33 times.

@kevin sobilo thank you for your influence in your response. I appreciate it.  

we are very great landlords to the tenant and so appreciate the tenant

Also, I think it's important to say that because a tenant pays their rent on the first does not constitute a tenant to be considered a gold tenant.

When you have a tenant that is disrupting and delays process then that creates other issues. Those issues are considered as a professional tenant who feels that they pay their rent on the 1st therefore their landlords have no say so. That is very inappropriate however we look past that because we do value our tenants and we are very grateful for them.

However also when there are other members and people apart of the process for the company we cannot have unnecessary delays and scrupulous demeanors from tenants.

Kevin again I do thank you for your influential response as it is taken into consideration and this is the exact reason we are here on BP for people like you who have dedicated experience and mindsets like we do . 

I guess the question really should have been is being a landlord with a heart of gold how do we handle tenant that pay on time but the demeanor seems to be a little scrupulous at times . Nonetheless the situation has been taken care of and all is well now

@Rob B.  Sure, PayPal

@corey hawkinson 

it's ok.  It baffles me why would they accept the payment but not process it???  Needless to say, but we are seeking out Cozy as a alternative permanently.

@Corey Hawkinson

Corey,

I see your point.  We did not receive a definable reason from the merchant.  They do not want to process payments From the tenant.  That IS indeed concerning.

The other issue is as the home has been up for sale she had been Very distracting to the process by delaying showings and such.

The tenants demeanor is indeed abrupt because she feels entitled because she pays on the 1st... That is a non factor However, there Is a Major issue when the merchant says "hey we dont feel comfortable with this persons payment and we will no longer accept payments from the tenant".... That is why only certified funds are acceptable at this point. Our merchant has Blocked this tenant from submitting payments.... No one else

Ok....

The tenant is decent in the aspect that she pays on the 1st and she is a professional renter

second

the tenant payment posted electronically to the merchant site and was processed however within 24 hours they stated they are unable to post the account as the tenant has an account but the merchant felt their payment was a liability and would not release it.  In this instance instead it was sent back to the tenant.

we sent the tenant a letter informing her of the issue and provided 3 days to resend her payment via mail in certified funds....

She does not plan on 3 days as she states she will send it when she is ready as she has a tight work schedule and can not send within 3 days although her bank confirmed the deposit...

at this point per her lease it is late.

poll:

eviction ?

Provide additional time due to merchant restriction on her payment?

Post: Appraisal and tenant

Ikenna IvyPosted
  • Posts 33
  • Votes 2

Thank you All for the input.  As a side note:

The tenant does pay on time and seem to be a decent tenant besides the fact of her prior delays of access to the property for showings.

We provided a credit as a "good tenant/holiday" credit. This is something that we do to maintain good tenants.

Our concern had really stemed from her prior issues.  She wants the home however is unqualified according to her mortgage lender.  Therefore she was a bit upset and did the delays. 

we will do the due diligence-

Notify in writing 24-48 hrs prior

Thank you

Post: Appraisal and tenant

Ikenna IvyPosted
  • Posts 33
  • Votes 2

Is there such something as "closed appraisal" that we could inform the tenant of (example below)?

 The appointment time persay. I.e.... The new owner, realtor and appraiser has a limited time slot therefore- they must be uninterrupted

Post: Appraisal and tenant

Ikenna IvyPosted
  • Posts 33
  • Votes 2

Appraisal is being scheduled in a tenanted property

Is it possible to have a closed appraisal- Where the tenant is not allowed inside?


I'm asking because she previously delayed a showing , she also was resistant to the sale process- 

Yes we provided a notice well in advance and she is not able to purchase

We'd prefer she be so kind to wait in her vehicle

--Is there an option to do so (Michigan)?
--Hoping she'll comply as we gave a $100 rent credit

Post: Sale a rental in 48219

Ikenna IvyPosted
  • Posts 33
  • Votes 2

We have a tenanted property up for sale in 48219. The tenant wants to purchase, but she is not ready. She is a excellent paying tenant, always on time-  

Her lender said she may possibly be ready by January. Her debit to income is exceptionally low and she can afford it however, she wants a very low mortgage so she's in a rescoring process.

Is there something besides a land contract we can offer her?

she really does not want to touch her savings for a down payment

She wants to stay at $1000 for mortgage or under.

What options can we offer her?

We are out of state and no longer want out of state properties so we're ready to sell

-performing Income

-great tenant

-$875

-2006 Trinity 48219

-SFR

-3B/1B

-Full Basement

-Fenced yard

Post: owner financing questions?

Ikenna IvyPosted
  • Posts 33
  • Votes 2

This is a great question

because for me as well.  We have a tenanted property up for sale.  The tenant wants to purchase, but she is not ready.  Her lender said she may possibly be ready by January.  Her debit to income is exceptionally low and she can afford it.  Is there something besides a land contract that we can offer her?

she really does not want to touch her savings for a down payment

  She wants to stay at $1000 for mortgage or under.
What options can we offer her?