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Updated about 1 year ago on . Most recent reply

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High End Class A ENTITLED renters

Posted

I have had a couple of typical 3 bdr/2bath suburban long term rentals over the years and generally the tenants are pretty realistic. I recently moved out of much more expensive home and renting it. It's 7k/month rent and the renters are both 1. totally incapable of living a life with typical home issues (occasional bug in the house, weird smell here or there) and 2. Feel the need to reach out weekly with a new "complaint". The range of complaints is that the threshold below the door is just open enough that an errant cricket or small bug gets into the house. (i pay for yearly termite service and they pay for quarterly pest control), to they can't swim in the pool because they found a dead mouse in there. Currently they are complaining that the refrigerator temperature is hard to micromanage and that the freezer door seal is a little "leaky". I've replaced many things that probably could have just been either repaired or left alone. i am unaccustomed to this higher maintenance renter at this price point. Does this go with the territory or should I tell my renters to pound sand for anything beyond health/safety?

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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

Implement the "happy clause".  "You're obviously not happy here and the property is not a good fit for your needs; so, we will allow you to get out of your lease with no penalty as long as your provide proper notice..."

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