All Forum Posts by: Ken Carty
Ken Carty has started 1 posts and replied 2 times.
Post: Baby Proofing
- Bronx, NY
- Posts 2
- Votes 0
Originally posted by @Mike McCarthy:
I'd try something creative. How about offering to buy and install them if she signs a 1 year lease?
Or that you buy and install them and split the cost 50/50, but deduct her half of the cost off her rent for the next 12 months. Basically saying if she stays the year in good standing, her cost will end up being 0, and you have 'guaranteed' rental income.
Post: Baby Proofing
- Bronx, NY
- Posts 2
- Votes 0
Hello all Bigger Pocketers!
I am in a bit of a confusing spot here. I have inherited a tenant who has been living in one of my three units for going on 20 years now.
I've only owned the property since March of this year (no lease, month to month). She now have two infants in the house. One baby less than a year old, and the second 3 years old. The heaters do not have covers and she is requesting that they be covered to prevent the babies from making contact with them.
She counted 7 heaters that should be covered. As some of you already know, it can cost anywhere from 100-200 for each cover.
One of my concern is what are the legal ramifications if a child was to get injured from it. It was also purchased as an FHA so it was not incorporated. Her unit is also in poor condition and will need a rehab before renting again. I am not in a financial position to lose her monthly rent, let alone to rehab her unit.
I am seeking advice on how you guys would handle this situation.
-Ken