Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Quandra Adams

Quandra Adams has started 35 posts and replied 75 times.

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14
Originally posted by @Nathan Gesner:

He owes rent through the 30 days of notice. He moved out early for his own benefit, not for yours. 

You don't owe him anything.

Nathaniel, thank you for responding. He's trying to say that since he turned the keys over on the 17th that he had no possession so I order him for the 17th through the end of the month.  Even that doesn't justify it for me because I only did his walk through on that day because he was going back to his home town which is an hour away.  Does him turning in his keys matter? The lease still ended on the 26th no matter if he had keys or not. 

Looking forward to your reply,  thanks!

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14
Originally posted by @Vanesa Gonzalez:

@Quandra Adams It doesnt matter that his lease was for a year. When you rent long term, you pay per month. You dont owe him anything.

I feel like this is a super stupid question but his start date for his lease was October 26th 2018 so I dated the end of it for October 26th 2019. He was trying to say that since he paid for it through the 31st he gets money back. Does this matter at all? I am just really trying to understand  and cover my bases. Thank you in advance!

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14
Originally posted by @Anthony Wick:

@Quandra Adams

In addition to what everybody said, you never give back the damage deposit that quickly. You can’t possibly know if anything is wrong with the place for at least a couple weeks. Sometimes you notice things while cleaning, when another tenant moves in and takes a shower or uses the washing machine, etc. If the law states 30 days, take the 30 days to see if anything is broken or wrong.

 You are absolutely right and I now see that. 

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14
Originally posted by @Mike S.:

How did you give the money back? Just hand it to them? Did you get a receipt? Some states, without a certified letter and certified fund receipt, you may open yourself to them saying they never received it and have to pay 2-3 times damages.

Money order. I have the other half of the receipt.

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14
Originally posted by @John Thedford:

No you don't owe it. He rented by the month. It was his decision to leave early though he was entitled to use the property the full month.

 His lease was actually a year. Not a month. Does this change anything?

Post: Tenant deposit + Prorated Rent

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14

First-time landlord here so I'm still learning the ropes. My tenant gave me 30 days notice for his move out date which is supposed to be the 31st of this month. He came to me last week and told me that he would be gone by today. I returned his full deposit back to him which he deserved because he returned the apartment back to me in the condition it was a when he rented it. Then he asked me about the remaining balance. I was a little confused since he said he should also get prorated rent for moving out early. Is this the case and how do I handle this since his 30 days notice was for the end of the month?

if he is owed the prorated amount I have no issue returning it to him and I am still within the 30 days to return any and all deposits. I'm just looking for Clarity on the situation. I'm in North Carolina if it matters.

I will contact an attorney tomorrow but how is this not a breach of contract since they are required to give a 30 day notice? Also, I put the unit on the market about a week ago. I spent the time after they left painting, cleaning and removing the furniture they left.


Originally posted by @Nathan Gesner:

I'm confused. They agreed to rent it through the month of September and they paid the rent in advance. Why does it matter if they moved out a month early or right on time? They didn't violate your agreement. In fact, you benefited from the situation because they paid you for three months but only occupied for two. You were aware they moved out August 25th and had an entire month to find a new tenant.

If the home was left in good condition, you should absolutely return the deposit. Since they didn't, you should clean/repair the unit, deduct the charges from their deposit, and then return the remainder.

If they turned the unit back over to you 30 days early, you should have done this back in August and then spent September trying to rent it again. You could have actually made more money that way.

My tenants moved out on August 25th. No notice was given. I happened to see the U-haul in the yard and went outside to speak with him. That's when I found out they were leaving. They paid for 3 months up front which was supposed to be through the end of Sept. They left behind furniture, tables, electronics and a few more things which I and my boyfriend had to remove. He keeps asking for his deposit and is either trying not to understand why he shouldn't get it back or does not want to understand. I'm in NC and this is my first rental and my first situation like this but I am not sure how to proceed. 

Looking forward to your responses.

Post: Can I rent each bedroom separately?

Quandra AdamsPosted
  • Durham, NC
  • Posts 78
  • Votes 14

I live in a college town and while doing rent comps I noticed that the apartments here rent per room in each unit for the students. Can I do the same or do I need some type of permit/license or anything? If so, who would I contact to verify this?

Thx!

I thought about using Google forms but wanted something more secure since I am collecting socials.
Originally posted by @Max T.:
@Quandra Adams google forms works