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All Forum Posts by: Walt Dockery

Walt Dockery has started 2 posts and replied 165 times.

Post: What would you do about your rent?

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

I use cozy and as long as the tenant has sent the payment on time I consider it on time, the delay is not a problem as I always have a cash buffer in my rental checking account.

Most electronic forms of payment have a delay, personal checks take time to clear etc. I don't view this as the tenants' problem.

Post: Murder at rental. What to do?

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165
Originally posted by @Deanna McCormick:

@Patti Robertson

This is a section of the Crime Free / Drug Free Addendum all tenants are required to sign in my county in Minnesota. It is clear and reason that the tenants would have been given a notice to vacate if they were at my complex. Mutual lease termination would have been used, but if they objected to that we would have moved to the next step, eviction for cause.

Resident, any members of the resident’s household, or a guest or other person under the resident’s control shall not engage in acts of violence, or threats of violence, including but not limited to the unlawful discharge of firearms, prostitution, criminal street gang activity, intimidation, or any other breach of the housing agreement that the other wise jeopardizes the health safety or welfare of the landlord, his agents, or tenants.

VIOLATION OF THE ABOVE PROVISIONS SHALL BE A MATERIAL VIOLATION OF THE HOUSING AGREEMENT AND GOOD CAUSE FOR TEMINATION OF TENANCY. A single violation of any of the provisions of this addendum shall be deemed a serious violation and material non-compliance with the housing agreement.

It is understood and agreed that a single violation shall be good cause for termination of the housing agreement. Unless otherwise provided by law, proof of violations shall not require criminal conviction, but shall be by the preponderance of the evidence.

In case of conflict between the provisions of this addendum and any other provisions of the housing agreement, the provisions of the addendum shall govern.

This Housing Agreement Addendum is incorporated into the Housing Agreement executed, or renewed this day between the Owner, or Agent, and Resident.

Again, I don't think you are quite understanding what a victim is.  The victim (if innocent of criminal activity) is not the one "engaging in violence".

Based on the information posted here there's no evidence whatsoever the victim was engaged in any of that. 

Post: Vacant Property - Protection for Squatters....

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

A wireless monitored alarm that can be easily moved later on. Simplisafe is one such option. 

Try to keep the property from appearing as obviously vacant as well. 

Post: Question for the AirBNB/STR pros

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

Does the basement have its own private entrance and can it be closed off from the rest of the house?  That would make it a lot more attractive as an Airbnb in my opinion. 

Post: DESPERATE NEED of landlord help

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

I'm not an experienced landlord but just as someone who's been single most of my adult life I don't see anything wrong with a signif. other staying over and not being on the lease. 

If the motorcycle is the issue ask her to move it, if it's a parking issue address the parking issue. But I can see her pov having a significant other who stays over a lot but one or both not wanting/ready to "move in together" and I certainly wouldn't want a landlord telling me to put that person on my lease if they weren't living there full time and still had their own place. 

Do you want his landlord putting her on his lease too?

Post: How To Advertise Month to Month Lease

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165
Originally posted by @Brooklyn A.:

@Walt Dockery  I'll go along with the belief your name is Walt Dockery, if you'll agree to believe I'm in Eustis.

It would be extremely difficult to underestimate how much I care who or where you are. 

I have made the point I intended to make - parasites absolutely do screen their potential hosts and with certain steps can be avoided, whether you realize that or not.  Failing your screen produces every bit as good an outcome as failing you in our own screening (actually it's even better as it eliminates wasted time and effort). I have no intention of further dialogue with you. 

Post: How To Advertise Month to Month Lease

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

It's certainly no Eustis, that's for sure!

Post: How To Advertise Month to Month Lease

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165

I didn't say a M2M would preclude anything, I'm just saying me failing your screen is just as good to me as you failing mine.

Much like a pickpocket, a con artist, a burglar, or a strong arm robber, I do my best to "fail" their screening processes as well (they all have them). 

Post: How To Advertise Month to Month Lease

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165
Originally posted by @Brooklyn A.:

As a tenant, for now until I close again soon, I stay away from 2 types of properties. Keep in mind, I'm an A+, elite tenant with 4 years of verifiable rental history without a month late, or missed payment and I receive letters of recommendation from the last 2 PMs. (Funny thing about those letters of recommendation, they all state that,"...there have been no issues with the property" , yet each one of them make a security deposit claim for the full amount.) 

1. M2M agreements - won't even look at them.

2. Owner-Landlord represented properties - when I sue I want to be able to recover. Individual assets aren't difficult to seize by writ, but LLC/Inc.'s are easy.

Typically, a M2M signals a hobby-landlord that isn't "all-in" on their business and are subject to change at 30 days of notice. I command a higher standard. I also request a sample copy of your current lease before application. I want to see your lease before I decide to do business with you. I have been converted to a M2M at the end of a 1-yr term lease but moved out. The way I see it, is, I'll move on my terms and on my schedule. Not yours.

@Deanna McCormick A $250.00 Redecorating fee would be considered to be an unenforceable liquidated damage provision. By mandating the fee, it purports to waive the rights of the tenant to have such security deposit funds deducted for actual damages, and could be argued as discretionary maintenance performed by the owner of the dwelling.

Im gonna be the odd man out and thank you for your input here. You've convinced me to go with M2M exclusively going forward, previously I was on the fence.

Post: Tenant signed lease and now not moving in or paying rent

Walt DockeryPosted
  • Investor
  • Winter Park, FL
  • Posts 171
  • Votes 165
Originally posted by @Nathan Ku:

@Thomas S., @Walt Dockery - point taken.

@James Qiu - need to figure this piece out. Thanks ! all.

Have you read the ultimate renting your house and ultimate screening guides at top of this forum?  I am new to this myself and those guides helped me out a lot.