All Forum Posts by: Tyler Ansell

Agree with most of what's been said already. If you want them gone however, we have a clause in our lease that states a preponderance of the evidence by us as the landlord is enough reason to start a 5 or 7 day notice and/or eviction if we wanted. In this case I'd just let them settle it until you don't get rent next month.

We never help install them for fear that something goes wrong and their TV falls off. This is really not a big deal at all and to be honest I wouldn't do any extra paperwork or anything. It's a TV mount, 4-6 1/4" holes in the wall, come on. Easy peezy.

If you are renting by the bedroom you can put in a non-coed clause of some sort I would imagine. We don't allow co-ed tenants in our by the bedroom rented apartments. @Andrea Nielson

Also, not trying to be too harsh but you might want to pay close attention to this leasing agent, if she's letting a tenant store food in the freezer lord knows what else she let's slide...

Multi family, absolutely OK. Can't speak to single family. 

I'm usually in the know already but if not my owner will give me a heads up like "hey man, someone's coming out to look at the XX for YY. Show them what we looked at/talked about and get their bid." 

He might just want to move the cable wire so it's not hanging down under the TV...?

We don't help tenants install mounts too much of a pain and if the TV fell off that wouldn't be good. Unless they rip it out of the wall when they leave there should only be 4-6 bolt size holes that patch easily. No charges coming from us.

@Lisa Jones this is your ship now. If you don't want it to happen don't let it. If brought about nicely and with reason change can be great! If you're the property manager this is now YOUR job, YOUR money, YOUR property! 

Few initial things to check before you think too far into it. 

Does the school allow students to live off campus or is it restricted?

Where do the students live now, if it is an apartment dominated area your tenant base is slimmer (though if it's a big school there's not as much to worry about).

Will you rent by the room? Or just by unit. If by the room do some research and see what is going on in your area, in Tampa for example...if you're renting a house you're doing it by the unit. There's no SFR or even small multi here that do by the room. All of that is eaten up by large complexes. You can still rent to students by the unit but it's a bit trickier and you need to decide how to handle it, see the podcast with Bill Syrios.

I have heard of condensation building up between surfaces but being that it's only in one part of the rug I don't know if that's the case. Seems that if the slab was sweating that the entire carpet and rug would be wet. 

Was it an incredible amount of mold or just a few spots? 

Carpet cleans are only like $30-50 bucks so I'd make them pay it if you can't locate an exact problem ie leak or something.

@Account Closed

If you build it they will not necessarily come. Students want to live close to everything, with friends, etc. If the distance is OK you'll need to make sure you budget for some strong marketing presence on campus to get the students out there. Make sure not to discount that in your numbers. Also consider if you built the duplexes in such a way that had individual bathrooms in each bedroom you could look at individual leasing which could completely change this deal for the better.