All Forum Posts by: Stacey Tiamfook
Stacey Tiamfook has started 5 posts and replied 13 times.
Post: How to charge tenants for damage while they are still in unit

- Investor
- Washington, DC
- Posts 13
- Votes 5
Originally posted by @Eric Selhorn:
Do you really want to renew for another year with a tenant that is neglectful? Hi Eric. Good question. I have not decided whether I will renew their lease. I do think that some of the issues are due to differences in culture and infrastructure. They are from Europe and have never lived in the US.
Is the security deposit large enough to cover the damages you want reimbursed? The issue is not yet resolved so I don't know for sure yet but it is likely that the security deposit will cover the expenses.
Do you have contact with a representative of the employer who you can contact to explain to them the situation? I do not.
Post: How to charge tenants for damage while they are still in unit

- Investor
- Washington, DC
- Posts 13
- Votes 5
Hi All. I am looking for some advice. I have a 2-unit rental property and my tenants in one unit reported a clogged toilet. I sent a plumber over and it turns out that the tenant, in the other unit, has been putting baby wipes and tampons down the toilet and has clogged the sewer line. The blockage is so severe that this is going to be a several thousand dollar repair. This same tenant was putting full containers of food down the garbage disposal and clogged the sewer line earlier this year. I paid for that repair, and had the garbage disposal removed. While I don't think the tenant has done this intentionally, this is neglect and I want to charge the tenant for the repairs. I have never charged a tenant for a repair while they were still living in the unit. How have others gone about doing this? Did you send a letter stating the issue with a bill?
I also want to note that this tenant is in the US on an assignment from their European employer, who is paying their housing costs. Their company has paid the security deposit, so if she were moving out, I would use that money to pay for the costs but there is still 4 months left on their lease (and they have already said that they would like to sign again at the end of the term). Is there a way to extract this from the security deposit and then have them update the security deposit at the time of new lease signing? I know that this is somewhat risky as there are still 4 more months in which they could break something else but I am also trying to explore this option as it could be covered by their employer instead of coming out of their pockets.
Thanks, in advance, for any advice.
Post: Vacation rental turned flip, $120,000 profit!

- Investor
- Washington, DC
- Posts 13
- Votes 5
The property looks great. I'd certainly book a stay there. Do you have any photos of what it looked like before?
Post: REIA Recommendation for Newbie in DC

- Investor
- Washington, DC
- Posts 13
- Votes 5
Originally posted by @Keli Smith:
@Stacey Tiamfook I’m in the DMV area as well I would love to link ;)
Sounds good. I'll send you a connection request.
Post: REIA Recommendation for Newbie in DC

- Investor
- Washington, DC
- Posts 13
- Votes 5
Originally posted by @Tom Harkins:
Downtown, check out DC REI Rockstars. And in MoCo, the Gaithersburg Real Estate Meetup. Different formats but both are educational and very welcoming. You can find them on Meetup
Post: REIA Recommendation for Newbie in DC

- Investor
- Washington, DC
- Posts 13
- Votes 5
Thanks @Charles Molluzzo!
Post: Looking for A Property Manager Recommendation near Montclair

- Investor
- Washington, DC
- Posts 13
- Votes 5
I have a 2 family rental property that I have been self-managing as an owner occupant. I am moving out of one of the units and looking for a trustworthy property manager to takeover. Both units are already rented. I am looking for someone that can manage calls for emergencies or repairs. Anyone have recommendations?
Post: REIA Recommendation for Newbie in DC

- Investor
- Washington, DC
- Posts 13
- Votes 5
Thanks for the warm welcome and recommendations!
Post: Transfer Clause for Corporate Relocation Tenant

- Investor
- Washington, DC
- Posts 13
- Votes 5
I am in the process of screening a tenant that is relocating from Germany. Their company is going to pay their living expenses while they are in the US. We were getting ready to sign a 1-year lease but my realtor informed me that they are signed to a 3-year contract with their company so I offered them a 2-year lease. The prospective tenants would like to do the 2-year lease option but their company requires them to have a transfer clause addendum on the lease, which allows them to terminate the lease with 60-days notice if the employer transfers the tenant from the local worksite. I feel uncomfortable with this clause as this basically allows them out of the lease at no cost. I will then be stuck with the turnover expenses and trying to find another tenant. I told my realtor that I would sign if we also include an early termination fee of 2 months rent. I am waiting to hear back from the applicant and their company.
Has anyone dealt with something like this? Can you share your experiences?
Post: REIA Recommendation for Newbie in DC

- Investor
- Washington, DC
- Posts 13
- Votes 5
I recently relocated to Washington DC from Montclair NJ where I was house hacking a 2-family. I still own that property, as well as 2-family in Brooklyn, NY. I am living in DC and working in Montgomery County, MD. I look forward to meeting some of the local investors in the area and eventually acquire property locally as well. What are the recommended REIAs in the area?