All Forum Posts by: Account Closed
Account Closed has started 5 posts and replied 123 times.
Post: Tenants wants to Breed Golden Retrievers
- Chicago, IL
- Posts 136
- Votes 32
Originally posted by @Jean Bolger:
Yah I doubt they are registered breeders providing genetic profiles etc but rather someone who thinks they can sell some puppies on craigslist (as if there aren't enough dogs in rescues with no home already).
Post: Tenant Applicants say the dumbest things
- Chicago, IL
- Posts 136
- Votes 32
Originally posted by @Joe M.:
"I'm looking for a place for me and my baby's daddy for when he gets out of jail"
"If I give you a deposit now can you hold this place until May?" (This was in January)
Classic
Post: 3 times the rent "rule"
- Chicago, IL
- Posts 136
- Votes 32
Yah the 3x rule typically applies to higher end areas, many places go lower. If you have a nice pool of candidates consistently though and you can keep the place filled, than 3x the rent requirement makes sense as it's just another level of screening and can't hurt.
Post: Who is entitled to the late fee?
- Chicago, IL
- Posts 136
- Votes 32
Originally posted by @William Tippy:
Holy wall of text batman! But ending with a Paul Harvey quote is ALWAYS appropriate in my book. To answer your question though it's all up to you and your contract, and how likely you think it is that they will pay you if you request it.
Post: I DECLARE: No Landlords should pay for their Tenants' Water !
- Chicago, IL
- Posts 136
- Votes 32
Preach it! Some cities as mentioned above make it to where it's easier to just pay the bill or bill them for it (in cases where it's billed to you quarterly), but I agree, I've never seen people use more water than tenants who aren't paying their water bill.
Post: Can I set a max # of adults living in house
- Chicago, IL
- Posts 136
- Votes 32
Originally posted by @David Krulac:
100 illegals in a 3 bedroom house? They call that a Tuesday down in Los Angeles :)
Well, maybe change house to apartment and you would be getting closer.
Post: How to handle previous resident still using address years later?
- Chicago, IL
- Posts 136
- Votes 32
Originally posted by @Sylvia B.:
He died in 2008....
Ah, government efficiency at it's finest!
Post: How do you calculate your maintenance budget?
- Chicago, IL
- Posts 136
- Votes 32
I've found that it ends up being around 8% but that's gonna varry as there are too many variables to make any broad statements.
Post: Financing question for buy and hold investors
- Chicago, IL
- Posts 136
- Votes 32
Gonna have to find another banker willing to extend you credit. Shouldn't be that difficult IMO.
Post: How many properties do you own?
- Chicago, IL
- Posts 136
- Votes 32
Answer: Too many!
Other answer: Not enough!