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All Forum Posts by: Account Closed

Account Closed has started 30 posts and replied 853 times.

Post: Breaking lease

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

The tenant has to make an effort to find another tenant for you to take over his lease.  If not, and he can't find a suitable tenant that YOU APPROVE OF, he is responsible for the balance of the lease.

Nancy Neville

Post: Non-essential Request by Tenant

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

How many of you power wash your own house raise your hands?  

I would say to this little old lady that you have never had a request like this before, but if she would like to have it done, you don't mind at, but it will have to be at her expense.

When you give them what they want, but state at their own expense, you will be amazed at how much it's no longer a priority.

Nancy Neville

Post: Contract Software

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

Actually the document itself doesn't show up in QuickBooks, however when you need to create a document you are sent to MSW to create one and there you add the fields of  your choice to the document. 

When finished you are sent back to QBS to save the document so that you can print out the document from QBS whenever you need it.  So technically speaking, QuiickBooks doesn't DISPLAY the document in itself, but sends you to MSW automatically to view it there and print it out with all the names of your tenants and amounts, etc. 

Nancy

Post: Contract Software

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

You can type up a template in QuickBooks which will send it to Microsoft Word for you to tweak.  Microsoft Word will send it back to QuickBooks and from there you can select which customers you want to send this document to and QuickBooks will auotmatically insert the customers names, address, amount etc., based on the template you designed.  All with just a click of the print key and it will print out envelopes as well.

Or you can design the template in MSW and then convert it in QuickBooks which will do basically the same thing.

Nancy Neville

Post: Website for rentals

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

WordPress.com is absolutely Free and you can have as many websites as you wish.

Nancy Neville

Post: Property Management Software comparison

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038
  • Leases:  You can add a define field in the tenant file to include when the lease expires and have it show up on all documents.
  • You can type a form via Microsoft Word, covert it to QuickBooks and have it ready to print out any time you want.
  • The same way with marketing.  Type something up in MSW and link it to QuickBooks and it will print it out for you any time.
  • QBS 2015 has a lead feature now to keep track of prospective tenants.

 Aah the Power of QuickBooks.

Nancy Neville

Post: Carpet Issues

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

What a lot of landlords don't know is that you can dye some carpeting.  My husband and I got tired of having to replace carpeting all the time, so we asked our professional carpet cleaners if we could dye our carpet and they said yes.  (Depends on the fiber) So we dyed them and guess what?  It looked like new.  No stain. So before you go and spend money on new carpeting see if it can be dyed.

Nancy Neville

Post: No Lease

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

You will have to file a Termination of Tenancy Form and Not a Non-Payment of rent form, especially since there was no agreement for rent to be paid.  

Follow the laws of your state to do a Termination of Tenancy.

Nancy Neville

Post: Background Check Returns Positive but Tenants claims it is not them

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

So...I need to clear this up in my head.

You posted your question on June 27th and updated it now July 18th.  

So did your property stay vacant for 21 days?  

That's almost a months rent you could have collected by moving on to the second applicant in line.  Perhaps you just posted now, and she became verified much earlier, but every day that property stays vacant you lose money.

I realize that I sound harsh.  But we must remember this is a business.  We can't just rent out our properties to just anyone, unless you can afford it.  And we can't afford to keep our properties off the market hoping that someone isn't that person that showed up on a credit report, after we spent money to verify that person that way.

Because we are landlords, the media and our neighbors will never see the kind deeds we do.  We will always be, to them, the dastardly landlord.  

You can be kind to people, but let's not be stupid. 

Okay I tell you some things.  I talk pretty tough and stick to rigid rules when I give advice on here, but there are many good deeds I have done, but it was when I had enough money to do so, and it depended on the tenant and how long they were with me.  But new applicants, never!  Or someone applying for my homes.  But to those that have proved themselves to me, and I had the money to do so, I did the following stuff for them.

  • I would give a months free rent to tenants that were with me for at least three years and paid their rent on time, when they were facing hard times, and never made them pay it back. 
  • My husband and I would see a bum on the street and stop and give them money.
  • My husband and I would see kids cleaning up the streets in Detroit and stop and give them money for a job well done.
  • We would buy the neighborhoods kids pop and candy
  • We let tenants out of their lease if they had just purchased a home, but they had to be with us at least 2 years or more. 
  • I've lowered rent for some of my tenants who were facing hard times.  Yea, LOWERED RENT!

You see there is times to be tough and times you can be soft, but YOU need to choose the time.  

Did you have enough money to hold this home vacant in order to verify this tenant?  If so, okay.  No problem.

But this person wasn't tested by you to give her such a break and your time.  Unless you were desperate and had nobody else applying for your home and then I probably would verify her too that much, if I had nobody else standing in line.   But if nobody was standing in line for you home, then you need to ask yourself why?  This is summer.  It is a good time.  People want a place for their kids just before school starts.  You should have people hounding you for your properties right now.  

I never have spoken or written of my good deeds until now.  But I just wanted you to know that even the people you think have the hardest of hearts, like myself, really do have a heart, but business comes first, and then when you can do something for someone do it.  But make the money first so you can do it for them when they need it.

Nancy Neville

Post: Background Check Returns Positive but Tenants claims it is not them

Account ClosedPosted
  • Retired Landlord/Author
  • Commerce Township, MI
  • Posts 1,252
  • Votes 1,038

So how long did your home stay vacant while you were trying to prove it wasn't her?  

Does she look offended and seem to be trying to clear the matter up herself?  Or did she seem not appalled or outraged that such a thing had happened to her?

At any rate, I'm glad it worked out for you, but I have to say, I'm still skeptical.

Nancy Neville