All Forum Posts by: Nadir M.
Nadir M. has started 66 posts and replied 450 times.
Post: Tenants wants to buy playset.
- Posts 454
- Votes 99
Exactly…so I mean why even deal with the potential headache.
Post: Tenants wants to buy playset.
- Posts 454
- Votes 99
The liability of allowing it which then increases the risk of injury. It sounds silly to say LL is liable but I was told that’s how the courts look at it…if I would have said no, then the injury would have never took place. Cooking is necessary but play set isn’t. I mean I would NEVER allow swimming pool or trampoline. I agree with you 100% let the kid have some fun…I’m just wondering how it’s perceived In court. I’m an out of state investor, and litigations are not a 24 hour thing.
Post: Tenants wants to buy playset.
- Posts 454
- Votes 99
Good morning and happy 4th everyone,
Quick questions regarding a minor situation I’m dealing with. Current tenant, who just moved in, has a one year old and they really want to get him a play set. They were told they can have one before signing the lease by my Dad while doing the showing. They brought it up to me and I said no due to liability reasons, killing of the grass etc. they’re great, they’re responsible and I have a little one too and he loves his play set. I guess the questions I have is if I have them sign an addendum to remove me from all liabilities, does that ever hold up? I know this is a question for a lawyer, but how would that even play out. If I do accept them getting a set, what suggestions would you guys have for me to make sure that everything goes well? They have renters insurance….mom works from home and wants her kid to get his boyish energy out, I just don’t want it to be at my expense. Thoughts or any experiences etc
thank you
Post: Meeting with mentor, need advice on what to ask
- Posts 454
- Votes 99
That’s fair
I have a set of questions I want to ask him…want to make sure I’m not missing any information that I didn’t think of.
Post: Meeting with mentor, need advice on what to ask
- Posts 454
- Votes 99
I called this Agent to discuss a property he had listed. In talking to him, he stated that he’s been in the business for 39 years and has sold almost 1700 homes. I asked what he contributes most of his success to, he stated that it was his mentors. So I wanted to meet with him ti get as much information as I can to grow as a new agent once i get my license
Post: Meeting with mentor, need advice on what to ask
- Posts 454
- Votes 99
My goals are to become a RE Agent and trying to learn best way of attracting Clients/Lead Gen. I’m currently a RE investor/landlord. Just want to make sure once I get licensed, hopefully be end of this month, I can get ahead.
Post: Meeting with mentor, need advice on what to ask
- Posts 454
- Votes 99
Hello everyone,
I met a real estate agent that I asked to meet with me and educate me and talk real estate. I have my meeting with him tomorrow and was wondering what kind of questions I should ask to make sure the meeting is productive.
Any advice is greatly appreciated
thank you
Post: What to look for during my walk throughs?
- Posts 454
- Votes 99
Quote from @Nathan Gesner:
Quote from @Nadir M.:
I don't judge someone by the way they live. If they are dirty or the house is a complete mess with stuff strewn around like a teenage boys bedroom, I don't really care. As long as they are not damaging the property, annoying the neighbors, or attracting pests, I leave them alone.
If they are violating a city code, annoying the neighbors, attracting pests, or somehow damaging the property, then I will give them a warning, one week to clean it, and require a second inspection. I terminate if they don't comply. Even if they do comply, I will usually not renew their lease when it expires.
Exactly what my thought process was as well!! Thank you
Post: What to look for during my walk throughs?
- Posts 454
- Votes 99
This is a great point. I try to get in there and change filter every 3-6 months (more towards the 3 month mark). I have one tenant that’s kind of shady in doing so if I don’t get there but I truly believe that it’s in the best interest of the landlord to change their own filters or have their PM do it
Post: What to look for during my walk throughs?
- Posts 454
- Votes 99
Quote from @Richard F.:
The Number One thing you should be looking for when performing an interim inspection is any signs of unreported water leaks. Use a flashlight and check under sinks, including shutoffs, flex lines, and waste lines; around base of toilet and at the shutoff; tub to surround and other seam caulking; faucets that leak at stem when turned on; check ceilings in every room and closet for signs of leaks (bubbling, curling or bulging paint) or staining. Water is a LL's worst enemy...it does tremendous damage on its own, often slowly over long periods of time damaging a structure literally from top to bottom; and it attracts many of the critters you do not want to see...carpenter ants, roaches, and more.
Housekeeping certainly is an important issue, but tenants may not be as OCD as many LL's would like. I do not get concerned with organized clutter. Some people just have lots of stuff. If, however it truly gets out of hand to a point of creating a fire hazard or impeding the ability to make a reasonably hasty exit; or if they are completely blocking an exit or an electrical panel; or excessively stockpiling recyclables or flammable material; if food has been clearly left out for extended periods, with roaches crawling all over it or worse, and household rubbish is not being reasonably contained, I will give them ONE 30 day period to make dramatic improvement, a second violation would result in non-renewal or termination for cause. Yards and the exterior we require, for example, yard maintenance at a minimum every 2 weeks, with no "indoor" furniture allowed outdoors including on porches, and no stored items, no car parts, construction materials, or vehicles that are not currently licensed and operable.
You can also require annual professional carpet cleaning in the terms of your Rental Agreement. We usually only require it at move out.
This is a very thorough response and I greatly appreciate it. I do check for leaks but i will say i can definitely do a better job. Do you manage your own properties?