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All Forum Posts by: Virginia Lacy

Virginia Lacy has started 2 posts and replied 5 times.

Thanks Greg. Getting estimates is a good idea. 

-Virginia

Hi Everyone, 

    I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials). My question is, can I pay my husband, who is not on the title,  as a property manager for his time cleaning and repairing a unit I own? 

   I'm not trying to squeeze every dime out of our tenants. Most of the time we (my husband and I) have no problem painting, mopping, scrubbing and dusting a bit between tenant transitions. However this last tenant left our unit in a very damaged and extremely filthy state that took considerable work to remedy (which was a surprise because they had been pretty responsible until this event). We currently live out of state, so we had to tack on extra days to our visit along with extra hotel expenses in order to make sure everything was fixed. It was really hard to schedule cleaners and contractors for repairs on such short notice, and, though we were able to get some of them, my husband ended up doing a great deal of work on the unit (and had to cancel a number of his plans in order to do so). My husband does most of the management of my properties and interfacing with our tenants, but he is not on the title and so isn't an owner. Can I pay him from the tenant's security deposit for the time and effort he put into repairing the unit? 

Thanks so much Bigger Pockets! 

-Virginia

Thank you Dan Maciejewski and Scott M! 

-V

Hi everyone, long time BP reader/ first time forum poster. 

I'm a Colorado landlord. I have a tenant who re-signed a year long lease and a few weeks later informed me that they would be moving out on August 1st. I informed the tenant that a lease was in place, but that I would work with them to find a new tenant. I listed, arranged showings (the current tenant did help some) and vetted numerous candidates and found one for the unit. During this whole process the current tenant verified multiple times in writing that August 1st was their planned move out date. 

Yesterday the current tenant contacts me, tells me that their plans have changed and that they would like to stay. This tenant has been relatively high maintenance during their whole tenancy (year and change). The only reason I leased the property to them for another year was that I am working out of state, and they had been relatively well behaved during the months towards the end of the first lease. 

Am I on good legal standing to insist that the current tenant vacate the property by August 1st since the lease was amended (at the behest of the tenant) and agreed to in writing by both parties? 

Thanks for any advice! 

-V