All Forum Posts by: Account Closed

I agree with @Rhett Tullis and @Arlan Potter

Water should be no different than gas and electric. If the tenants don't pay it, then the water company should shut off the water and it goes on their credit. 

They already do that where I live. The bill can be in the tenant's name, but the owner has to pay if the tenants don't. If the owner doesn't pay, then a lien gets put on the house. 

I agree that owners should not have to pay a bill that the tenants incurred.

I'm with @Michael Herr . Call them and tell them to be out by whatever date you choose, or you are pressing charges for fraud, forgery, whatever. Post a lease violation notice on the door, to start the eviction process immediately, in case they don't leave.

Seems like a ghost would be able to travel through walls and haunt the people in the other unit too.  LOL

Noises can usually be explained by noisy pipes, furnace, etc. If I felt someone tapping me on the shoulder and no one was there, that would freak me out.

I seriously doubt there is a law requiring you to disclose hauntings.  :)

I am a broker and property manager in California. @Jeff Rabinowitz is correct.

Also, the broker does need to approve any changes. His/her license is at stake.

Yes, the parties do happen occasionally. I've had people leave it a mess, but never thrashed. You just have to qualify them the best you can. @Mike R.  , sounds like your rates are really good and that helps you keep it rented. My problem sometimes, is that owners think their place is worth more than it is. I often hear things like "If you can't rent it for $350 per night, I would rather it sit empty." Well, that's exactly what it will do. You will make more money renting it for less and keeping it booked.

I have a 5 bedroom place that I personally own and rent as a vacation rental. I rent it for only $295 per night in the off season and more during the peak season, of course. But, because I want to keep it booked, $295 makes that happen and I make a nice large profit each year. Most places that are fixed up nicely, and have a hot tub, will rent very well if you price them right. Mike R. has the right idea. Keep up the great work! 

Hi @Fernando Corrado . I have data on rental income for all sorts of vacation rentals in Big Bear. How much money you will get depends on how many people it will sleep, the location, and the amenities you offer. If you find one you like, let me know and I will tell you how much you can reasonably expect to make on it as a vacation rental.

Asking the tenants if they would like to buy it is a good idea. I would also suggest just asking them if they will move. Explain to them that you are trying to sell it and it needs to be empty. I have done this and had tenants move out with no problem at all.

Sounds like she is a lot of trouble. I would probably not renew the lease. But, maybe you can sit down with her and talk about the issues and work them out.

About her locking herself out twice in 1 week: Make sure there are deadbolts only. Replace locking doorknobs with ones that don't lock. She can't lock herself out if she needs a key to lock the deadbolt. Problem solved.

I agree with @Eva Salas . I have a couple of rental houses that are furnished. They are always harder to rent for exactly the reason she said - people have their own furniture. They don't want to pay for storing it. I'll bet that if you got rid of the furniture and lowered the rent, it would rent faster.