All Forum Posts by: Scott P.

Yes.  I've liked them all.  

I don't/didn't really know most of them well though. I'd say the relationships were always polite and professional with a handful of frustrating moments. I'd rent to all of them again, except maybe 3 or so.

Tenant wanted toilet replaced "because it flushes too loud."

Long term tenant.  So, I actually agreed as long the tenant picked out the new model as i didn't want to pay for another toilet if the replacement was also too loud.  fortunately the tenant never picked a new one.  The toilet was still in place and used by the current tenant last time I was there.  (It doesn't flush any lounder than any other toilet in my opinion.)

I've had a water leak.  I hadn't done anything wrong or to cause the leak.  So I paid nothing except the cost to repair the leak and the cost to mitigate mold.  I'm not responsible for the tenants belongings - that's why they have renters' insurance (if they do).  

The tenant is responsible for reporting the leak, according to my lease, or - according to the lease - they are responsible for repairing my building (although to date I have chosen not to enforce that). 

I'm guessing you really like this tenant a lot to pay for their mattress.

If the utility companies will split it back up I'd do that for sure.

I agree quite a bit with Wesley W.  I always start with one year but most all of my tenants go month to month after that and I have no problem with that.

fyi I have one at my current SFR where i live. The utility/electric power company installed it. I actually don't see a brand written on it. I don't have any at any rentals though.

I did have a lightening strike at one rental.  Ruined my AC condensor and the tenant's TV.  

I think if I was building new I'd have one put in assuming the cost seemed reasonable.  It would probably give my property an advantage when looking for tenants.

Congrats!

That's how I got started in Indiana and I've done it more than once.  Actually, when I retire I might even do it again. No problems living next door to my tenants.  I suspect the culture in Ohio will be similar.

For "systems" I'd say to make a standard packet of info that has a sample lease, floor plan with square footage, list of "features" like what appliances are there or if there are storm doors, etc., an introduction letter, and an application.  You'll use it over and over again thorugh the years.

You're at the right website/forum to learn. :-)

I regret hearing about this surprise about the rent.  I had a similar situation many years ago.  Ideally the tenant's check on the 3rd would be used for the rent due the 1st of the following month.  Based on what you've said though, I'd write her lease to be paid shen she is paid the 3rd week.

Since this is your first time landlording, I'd pay the $500 for the lease review but first I'd ask "how much for you to give me your standard lease for this state?" and maybe just take that.

I was at 4 doors before I started considering a separate checking account and that was several years after door 1.  In my case that was fine and I had no problems.

As far as recommendations, I recommend having enough $ to pay each sub as their work is completed, and even pay them weekly if they'd like.  

This plan has allowed me to attract the subs I want and keep them on my jobs even though other builders do a larger volume of work.  Commonly in my area other builders don't pay subs until a bank or Owner pays them

I'd let them stay but I'd collect the late fee.  I'd also talk w/them and see if I could figure out what's going on.  I'd rather them be stable and pay on time and NOT pay extra/late fees.  I'd also assume that some day they'd get 1-2 months free as they left or I did cash for keys as they don't seem stable.  If they do take such good care though i'd see if i could lear what the problem is and guide them to getting on track - and saving that late fee.