All Forum Posts by: Stephanie Menard
Stephanie Menard has started 2 posts and replied 13 times.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
Quote from @Jerry W.:
@Stephanie Menard, I have been an attorney for over 36 years with about half of that being a prosecuting attorney. First I have to agree with @Russell Brazil that you have a lazy cop. I would definitely go directly into the police department or try to get a call to make a report directly. Officers all too often think the know the law simply because they wear a badge, when they actually know a lot less than most folks. It is likely the officer was being lazy, otherwise you wouldn't have the it's not in your lease statement. It is also possible that either the folks in charge of the station, or the prosecutor have set a policy of not wanting to pursue non violent crimes, or even not paying attention to crimes against folks who are not local residents. The fact is that anyone who takes, leads, or carries away the property of another with the intent to convert it to their own use or deprive the owner of it is committing a crime. Saying it wasn't in the lease or @Kevin Sobilo saying it just comes down to one person's word against another would negate virtually every crime. After all rape is just the word of the victim that it was not consensual sex, breaking and entering, well the door was already broken, every theft, every credit card fraud, well the owner said I could. Yes, lazy cop and or lazy boss or lazy prosecutor. I have found the best way to get attention is to go the press and be very loud about the lazy or indifferent system. I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.
Make sure they know you plan to publicly point out to the local newspapers, Mayor's Office, and anyone who will be campaigning against them, just how stupid and lazy they are. I would write a letter to the editor talking about the corruption or laziness of the cop, his boss and the Chief of Police. I hate to be this way but publicity works. Too bad the election is over, because loud stinky letters to the press really work well during election season.
Anyway, you have my condolences. I am ashamed that we have folks like that wearing the badge or holding the office. Maybe they can get unelected or fired.
Sorry for the rant. No hehe I guess I am not sorry about it.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
Quote from @Kevin Sobilo:
@Stephanie Menard, a few comments based on my own experience.
1. I doubt any lease clause will help you here. Once you have a civil agreement between parties, its hard to seek criminal charges for things that are not VERY VERY serious and VERY VERY clear.
For example, the tenant could just say that you orally told them they could take the furniture etc. There is no law against a verbal agreement for something like that and since you had a documented relationship with the tenant that answer would have to be considered possible.
2. It isn't just police officers deciding this way. I have seen issues like this and WORSE brought right to the district attorney's office with the same kind of result. So, it isn't a lazy officer situation. They just happen to be whom you are dealing with and who is giving you the news you don't want to hear.
3. I don't rent furnished and others may be able to point out where this is flawed, but I would consider renting the furniture SEPARATE of the unit because that may allow you to collect a deposit on the furniture. When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
Thank you. I did add a clause about personal property and plan to go through the inventory with the new tenant, who will sign upon moving in. I'm also adding an umbrella policy, so thank you all for the suggestion.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
Yes, this type of behavior by law enforcement only creates more crime. I talked to another detective, who is one of my friends, who also told me that this wouldn’t go to court. I have no idea what’s going on in this world anymore.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
I completely agree. It’s up to the prosecutors to prove that, so I don’t plan to drop this.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
Actually, they did take the toilet seat. And I agree that the police are pretty lazy. Chances are, if he’s done this before, he’ll do it again without the possibility of punishment. I’m more upset that he got away with it because I’d hate to see him do this to another person.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
The appliances were left; however, it was a completely furnished, move-in-ready home, and they took everything including items bolted to the wall.
Post: Expensive lesson by leaving one clause out of rental agreement

- Posts 13
- Votes 30
I rented a furnished home in Las Vegas, NV, to a fully screened tenant. I used the standard Nevada Residential Lease Agreement from the Greater Las Vegas Association of Realtors. I had to add an addendum for the home's contents in the agreement. I ended up evicting him because he continued to violate the no-pet rule. Upon his moving out, I checked the outside cameras and noticed he was taking out all the contents of the home and putting them in a moving truck and his car. Over the phone (because I was on vacation), I called him and told him he needed to return everything or I would file grand larceny charges. I gave him a deadline, but he failed to show up with all my items. I then filed a grand larceny police report.
I had an inventory of the items along with the lease agreement. A detective told me they couldn't keep the case open because there wasn't a clause in the rental agreement that said: "All items are not to be removed from the home." Because this clause wasn't in the lease agreement, they closed the case and told me to take it up civilly because they couldn't prove, beyond a reasonable doubt, that he wasn't permitted to take everything in the house. It's frustrating, but I wanted to pass along the message to ensure this phrase is in your leases if you have items on your property.
Post: Best passive way to earn cash flow

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Post: Best passive way to earn cash flow

- Posts 13
- Votes 30
Quote from @Bryan H.:
Quote from @Stephanie Menard:
I invested in a 7 year note. My monthly return is 15% with a 5% bonus at the end of the 7 years. This is net since there aren't any monthly expenses. Completely passive. You're not building equity like you would with a home, but with a note you don't have to do any work. I used my solo 401k to pull the cash out, and I have the interest going back into it.
You mean you HOPE all that comes to pass over the 7 year period. It’s not so matter of fact as you make it. Notes are risky (even more likely so at 15%) and you are locked in for the duration.
I know there is a risk as there's a risk for most investments.