All Forum Posts by: Sandra Martinez

@Colleen F.

he wants the same as I’m doing to the next door unit. 
Tile instead of the current carpet through the whole home (bedrooms, hall way, kitchen/bath)

I already have an idea of the cost. Which I’m okay with. The tenant was willing to cover some of the cost to push me to start the remodel now. 

@Colleen F. hi Colleen! 
In the new lease I would do the rental increase and tack on 50$ until he reaches at least $1000 of a new deposit. 
He hasn’t paid rent late and he has always paid me on time and in full. 
His current lease is up in July 2021. But I would restart another lease if we decide to remodel. 

@Aaron K. I would tack on a rental increase into the new lease agreement. 
mic he is up for that then I would do the remodel if not then no remodel. 

Property: Duplex-Tenant is paying $1350 a month/deposit $2000 (Bad credit)

He called me and asked if I could remodel his unit as well. He said I can keep and use his $2000 deposit towards the remodel. How should I go about this? His 12 month lease is up in July 2021. 

I was thinking using the $2000for remodel, then starting a new lease once improvements are made with a rent increase and $50.00 towards the deposit until he reaches $1000 for his deposit for the unit.

Suggestions?

Side note: I wasn't thinking of remodeling his unit as previous tenants left it in such good condition! He was a single man, lived there over 30 years and handled all repairs. Wish he never left the property.