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All Forum Posts by: Byron Bohlsen

Byron Bohlsen has started 20 posts and replied 169 times.

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Yep they are gone.  Finally got to spend some  real time inspecting the unit 

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

On further inspection it looks like the smokers spent time smoking under the ceiling fan and now it looks quite stained. I am thinking of replacing the fan.  Any ideas regarding if this can be deducted? 

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Thanks for all the advice. 

I finally got to spend some time in there and it isn't bad, some kilz will probably do the job.

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

So your saying replacement of these items was expected regardless so the smoke damage is mute. I was thinking about duct work cleaning etc. 

The place has hardwood and vinyl flooring throughout, no carpet. Has plastic blinds so no cloth curtains to worry about there. 

Any ideas regarding what I should look for and can charge for? :) 

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Fantastic. Does anyone have any recommendations for companies that specialize in this type of work in the Minneapolis Minnesota area? 

Thanks! 

Post: Security Deposit and smokers

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

I just bought an occupied duplex with long term tenants (Since 2008). Tenants decided to give notice at time of purchase. Tenants admitted there is about 3-4 years of smoke damage to the unit as they started smoking inside the unit a few years ago. 

Assuming the lease doesn't mention smoking, can I take anything out of their security deposit to recover damages? If so, what kind of damages?

Post: Upgrade Plus to Pro Question

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Hi Folks,

Cant seem to find an answer on the forums,

I am thinking about upgrading to a plus or pro account. If I get a plus account and pay up for a year, what would happen if I wanted to go pro? - Do I need to pay the full price (throwing away the money for the plus account) or is there some kind of pro-rated upgrade fee for this situation? 

Post: New Landlord application process help!

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Hi @Marcia Maynard

I was thinking along those lines as well as Applicants C seem the most "stable". I like your plan of doing some of the verification before spending the money for the checks but in my case I am having rentprep perform these duties so its kind of an all or nothing deal with them. One consideration to be made that I forgot to mention ( and one that I am having a hard time getting past) is that applicants C are not looking to take over until Aug 1st, whereas the other applicants can move July 1st. 

Applicants A know the area quite well and like it. The reason they are moving is to find a larger, quieter location. All the applicants were plenty nice, but I would say these were the most polite and asked the most questions (of me, as it were). 

Applicants B and C don't know the area very well, they just really like my unit and is in a location that fairly splits their commutes. Applicants C are also looking to move to find a quieter location. Applicants C seemed a little disappointed my unit doesn't offer extra amenities (gym, pool). 

Post: New Landlord application process help!

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

Thanks for sharing @Marcia Maynard

3 of the 4 applicants meet my minimum requirements. 

For those that chose most qualified, how to do you decide who is most qualified? My plans are/were to compare wage, length of rental history, and job tenure on paper, and then process applications first based on best combination of those. As it turns out I am having difficulty selecting who to process first! 

Applicants A) Young married couple with combined wage of 115k. Separately both make enough to cover the min 3x. Has been renting since 9/2012. Longest job tenure is since 8/2013.

Applicants B) Young couple with combined wage of 73k. Only one is working, one is going back to grad school. Mother of applicant going to grad school is willing to cosign if requested, I said since they meet the min income requirements it shouldn't be necessary. (Was this a mistake?) Has been renting since 5/11. Longest job tenure is since 3/08. Also discovered they spend a lot of time drinking. 

Applicants C) Young couple with combined wage of 86k. Separately one applicant makes just under 3x min. Has been renting since 6/08. Longest job tenure is since 6/06. Applicant seems to have moved around the least and disclosed they have looked at 7-8 properties and mine is the first they have applied for. 

Post: New Landlord application process help!

Byron BohlsenPosted
  • Investor
  • Minneapolis, MN
  • Posts 173
  • Votes 53

 Hi Deanna 

Thanks for the response. I have considered first come first serve.  I have however already disclosed to a few applicants that most qualified applicant will be selected. Do you foresee problems with changing tactics?