All Forum Posts by: Deanna McCormick

Frankly if someone had threatened me personally I would have called police, I would have sat in my car until officer came and took report, 

I had tenant threaten he'd burn the place down.. I called Fire chief and he came out and made report. 

Helped in eviction action. 

So are you non-renewing,,with notice to vacate.. so if they don't leave then you'd have cause for eviction.. 

Either way I'd say you could try to tell them that when they leave if unit is empty, broom clean you'll give them cash like $300.00 bucks the day they give you the keys.. otherwise it's a wait and see. 

It's a mess and your going to have a mess to clean after you get possession. I'd go daily and make sure the house is secure, board up the window from outside daily if needed. You still have right to protect your property. 

I'd advise police of situation so they know.

Best way to write up a lease with a tenant that's moving in mid month is to charge the portion of rent for remainder of month due on move in.. and then full rent payment due on the 1st.. Legally to do as @Christine Kankowski, is not what  your lease would read if rent is due on the 1st for remainder of lease. 

and lease dates should reflect that they are taking occupancy on the mid month date..Start lease on Oct 18th, 

I  write in lease a notation,, prorated rent from Oct 18 2017 to Oct 31, 2017 amount of $200.00 due on Oct 18th.

You divide rent by days in month,, and calculate how many days they are going to live there.

If you choose to let them live in apartment FREE for any portion of early move in month,, then CONCESSION is listed. but you List as "Rent Concession Oct 18- Oct 31, 2017" 

YOU have the best answer possible,, from :

@Account Closed are using the proper State Approved, Court Recognized leases for your State..

Join the Association and also download your state landlord tenant laws. 

@Troy Greenas long as tenant had their portion in on time we did not charge late fee.  Soc Security pays on the 3rd.. that can be tricky.. we worked with some so to avoid late fee or we'd reverse late fee if paid on 4th. but they needed to make us aware of that so we could accommodate that issue

Sect 8 payment sometimes wouldn't come in till the 3 or 4th. but tenant had to have their portion in on the 1st. No late fee on that. 

It was always amazing how many rent checks came in after I closed the office on the 1st,, but as long as I had the check in the drop box when I opened up morning of the 2nd we didn't charge a late fee.. My biggest headaches was when rent was due on a Saturday,, so by Monday was already the 3rd.. those months were always a scramble.. 

Tell them to contact their insurance agent.. your off the hook unless you warrantied the house for a specific period of time, as far as I know.. YOU talk with your realtor and find out before YOU respond.. to see if you have any problems with any type of disclosure you may have filled out and signed.. 

So is your property ZONED for mulit use.. can it be rented out for this type of use.. usually ok to rent to a family all same household related to each other... NOT so much otherwise. 

Check your zoning rental licensing laws.. 

If ok I'd do by room, each with equal deposit,, month to month, and you include cost of utilities in the rent.. single person per room each room has a room number so if they default you can put room # on eviction paperwork. Usually underclassmen are required to live on campus 1st year so the upperclassmen are better, but with a month to month lease,, and issues and they are out.. Assigned spot to park. 

Either they agree to a household cleaning arrangement or it's a trainwreck.  

So It's confusing,,, ARE YOU the SELLER ?? or BUYER ??

As seller you would need to disclose to any other buyer... and I'd get remediation costs calculated.. Do you realize how hazardous this is to work with,, I'd rather deal with asbestos. 

If your buyer,, walk away..

So your dad will pay capitol gains if he sells to you if he's owned less than 2 years.. but on a 50K house it's not a huge amount..compared to a 350K house. 

You'll owe capitol gains also if you sell before 2 years.. everyone is afraid of paying capitol gains.. but in reality it's a cost of holding a property less than the required 2 years.. a cost a flipper adds in to the sale of the house. 

I would buy this house from your dad on a long term contract for deed.. with a monthly payment of 1/2 the rent you'll be getting, and a balloon payment at the end if you can make those arrangements then fine if not don't. It's gotta be good financial plan for you both. 

You may not want to sell after the house is rented gaining income and equity you could use to leverage another purchase. 

If it doesn't work out don't worry maybe selling this outright is best thing for your dad right now.. you can always do another deal down the road.. 

I would give them a heads up and let them know you will not be renewing their lease, That you would accept mutual lease termination with 1 months notice. They don't care about the noise, or you, and noise violations as you being the landlord are probably not a court worthy eviction cause,, especially with out police calls.. you don't have to say why your non-renewing just your non-renewing. 

Put coin op washer in ,, a load a day for family of 5 is pretty normal, and who cares if they don't like it. I doubt the washer and dryer is listed as an appliance on the lease. if it's not in there unit, you can do what you want. 

how many bedrooms is this lower unit..??

Think about how your going to lessen the noise next time around. If it's a 2 br unit,, I would limit the number of people to 3, you don't have to do the normal "2 people" per bedroom, you can, but as long as you stay under that level for occupancy your life is like 1 extra person you don't have to deal with.. list it as 1 br with den ... and even cut your noise down more and limit occupancy to 2 people.. that would be perfect.