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All Forum Posts by: Cameron Feldhaus

Cameron Feldhaus has started 3 posts and replied 14 times.

Post: Necessary Steps Once A Tenant Moves Out...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Nathan G. highly appreciate the very detailed response!! Thank you a ton!

Post: Necessary Steps Once A Tenant Moves Out...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Joe Sadusky thanks!

Post: Necessary Steps Once A Tenant Moves Out...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

I recently received notice from my tenants of their intent to move-out within 30 days.

As background information, the property is a 5 bedroom, 4 bathroom house and approximately 3,000 SQFT. The property is only 2 years old, everything is in decent condition, however there are some scuff marks on the walls and a few walls need to be patched with spackling paste to fill smalls holes from nails, etc. In addition, in parts of the house the carpet is completely frayed and coming a part...

I would like suggestions on the standard procedures a landlord should take once a tenant moves out of a single-family home. Should the carpets always be replaced and the house be freshly painted? What other procedures do you always take once the tenant vacates?

Thanks!

Post: Tenant requested to be refunded a day after moving in...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Greg M. plenty of nice units for $2,000/month in Beverly Hills.

Post: Is this a scam or just weird?

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Joseph Weisenbloom absolutely a scam! Don’t deposit the check, or even attempt to! The bank will come back and charge you a fee, and some banks will close your account down. On top of that, they will then report the fraudulent check to Early Warning Systems & ChexSystems and put your name on a blacklist so you’re unable to open another checking account for 7 years. Stay away from it!

Post: Tenant requested to be refunded a day after moving in...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Adam Odom thanks!

Post: Tenant requested to be refunded a day after moving in...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Doug Pintarch I agree! Thanks Doug!

Post: Tenant requested to be refunded a day after moving in...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Tyler Stamets it is a possibility, surely did not rule that out.

Post: Landlord & Tenant #1 has signed, Tenant #2 has not...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

I have a situation where two tenants (a couple, co-occupants) filled out an application for rent of a residential unit. After the couple’s application was approved, the lease agreement was then sent to the Landlord, Tenant #1 & Tenant #2. Keep in mind Tenant #1 & Tenant #2 are both co-occupants whom applied for the lease.

The Landlord and Tenant #1 electronically signed the lease agreement, however Tenant #2 still has not. Additionally, Tenant #1 sent the total move in balance of $5,000 and Landlord is in receipt of the funds.

This morning I received a text from Tenant #1 stating that they no longer wants the unit and they are requesting a refund in the amount of $5,000. As a reminder, Tenant #2 still has not signed the lease agreement. However, the Landlord and Tenant #1 has signed.

How would you respond to this situation? Is there a partial executed contract, considering Tenant #2 still hasn’t signed. Let me know how you would handle this.

Warmly.

Post: Tenant requested to be refunded a day after moving in...

Cameron FeldhausPosted
  • Rental Property Investor
  • Beverly Hills, CA
  • Posts 14
  • Votes 5

@Matthew Paul tenant paid with all cash and it’s in the bank. Not a scam but certainly can understand your point of view.