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Updated about 3 years ago on . Most recent reply

User Stats

86
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22
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Abraham Kaplan
  • Investor
22
Votes |
86
Posts

Putting tenants up in a hotel

Abraham Kaplan
  • Investor
Posted

I will need to replace a walkway at a complex I own most of the units. The tenants will not have access to their unit for a few days. So we will have to put them in a hotel. I don't own every unit that will be affected. I've been getting prices from local extended stay hotels with kitchens. I have never done this before. I have several questions. Thanks.

1. What information should I get from the tenants of each unit? Such as how many people live in each unit, names, any disabilities?

2. All the units include a washer and dryer. Do I need to provide the tenants with cash to do laundry at the hotel? Or take a certain amount off their rent? They will stay at the hotel for about 3-5 days

3. How do I deal with tenants who who cause extra fees from the hotel? Such as smoking or causing damage to the hotel room?

4. Is there some kind of form I should use to notify the tenants? How far in advance should I give them notice? Do I need to get some kind of conformation from them?

Most Popular Reply

Account Closed
1,118
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Account Closed
Replied
Originally posted by @Abraham Kaplan:

I will need to replace a walkway at a complex I own most of the units. The tenants will not have access to their unit for a few days. So we will have to put them in a hotel. I don't own every unit that will be affected. I've been getting prices from local extended stay hotels with kitchens. I have never done this before. I have several questions. Thanks.

1. What information should I get from the tenants of each unit? Such as how many people live in each unit, names, any disabilities?

2. All the units include a washer and dryer. Do I need to provide the tenants with cash to do laundry at the hotel? Or take a certain amount off their rent? They will stay at the hotel for about 3-5 days

3. How do I deal with tenants who who cause extra fees from the hotel? Such as smoking or causing damage to the hotel room?

4. Is there some kind of form I should use to notify the tenants? How far in advance should I give them notice? Do I need to get some kind of conformation from them?

 In California, and hopefully in other states, the law states that landlords only need to pay their tenant the same daily rate their tenants pay for their monthly rent. So, If a tenant pays $1200 per month for rent you need to divide $1200 by 30 and pay your tenants $40 per day. Do not pay your tenants for food, launrdy or anything else.

We tented all our apartment buildings 16 years ago and paid the tenants their daily rent rates. A high percent of the tenants pocket the cash because they went to live with friends and relatives. Starting February 2022, we are tenting all our building again for termites and will pay only their daily rent rates. Nothing else!!!

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