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Updated about 5 years ago,

User Stats

22
Posts
12
Votes
David Haley
  • Rental Property Investor
  • Katy, TX
12
Votes |
22
Posts

how to handle prorated rents and endless parent!! requests

David Haley
  • Rental Property Investor
  • Katy, TX
Posted

We are new to College student rental: Lease starts on 3rd of the mo - are we obligated to prorate that month? Lease end date is the 24th-do we prorate that month as well? 

We are renting our 2 year old investment property to our college student daughter and her 4 friends; we know all of the parents socially.  One parent (Guarantor) has endless requests: Can we repaint the entire interior, or at least the bedrooms? Will you install Ring for their safety? (the parent has stated we bought in a shady neighborhood and she needs Ring to feel more secure. My reply was the entire town is shady, it's a college town!) Can we install televisions on the walls? Can you install safety lighting on every corner of the house? (We currently have safety lighting over the driveway.)  My answer is NO to all of it.  I think the requests will just keep coming if we say Yes.  Partner feels we have to say yes to something, IE: install Ring at our cost, but they must pay monthly fee. Agreeing to install Ring seems that we admit the area is unsafe too. Do we allow painting in the bedrooms? Any experienced feedback for these type of requests?  Thanks.

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