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All Forum Posts by: Jacqueline Carrington

Jacqueline Carrington has started 14 posts and replied 710 times.

Post: Month to month vs. 12 month lease

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372
Originally posted by @Jay Helms:
Originally posted by @Tracey B.:

I only rent 12 month lease for 1st time renters moving into my units. Right now I am moving into only voucher tenants and they require 12 months at first then month to month. I recently told a sec 8 tenant that I was not renewing their lease because they were complainers, naggers, nasty people and they used the term "sue" too many times for my comfort. At least I got a years worth of payments. It will suck to have a vacancy after school starts considering it took about 3 months for me to find tenants last year for this building. If I was not comfortable with giving someone a 12 month lease then I will not rent to them.

 What is a voucher tenant Tracey? I haven't heard that term before.  Thanks in advance. 

 Section 8 voucher.

Post: Month to month vs. 12 month lease

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372

The time it takes to turn a unit and find a new tenant sometimes isn't worth month-to-month. I would lock them into at least a 6 month lease with the option to go month-to-month afterwards. 

What does your lease say? Have you researched landlord-tenant law in Hawaii? If not, I would consult an attorney for your best course of action.

In Connecticut, the resident is responsible through the end of their lease term unless other agreements or terms of the lease allow for an alternative.

Post: Security check bounced ... I screwed up!

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372
Originally posted by @Max T.:

I'm waiting for some sound advice on what he should do right now, with a tenant officially on lease, having keys, who hasn't paid move in costs yet...

 If you allowed them to move in, sign lease and gave keys but did not collect the money at move in time, typically you will have to send a Notice to Quit and proceed through the eviction process to remove them.

In which case, is definitely the fault of the landlord for not collecting payment upfront when the lease and keys were exchanged.

Post: Pit bulls as service dogs.....

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372

The best answer would be to consult with your attorney. 

Post: Security Deposit Disputes

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372

Make sure the PM has proof of excessive cleaning needs and damages prior to moving forward. If I didn't have picture proof, I'd just return the deposit. If you have proof, stand by your charges and your lease agreement which should clearly state security deposit refund policy.

Post: Got my CA RE license, starting monday!

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372

Congratulations! I recently passed my test and am starting in Southern Connecticut with William Raveis! It is perfect timing as I am going on maternity leave in 2 weeks and will soon be in charge of my own destiny as well!

Post: Property Management

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372
Originally posted by @Craig Wilcox:
Originally posted by @Paulo Tomas:

Hello BP Members;

How do I go about learning to become a Property Manager.  Is there any classes that I should take? Particular books that I should read over other books.  

Thank you,

Paulo

Most states require a Real Estate License to manage property for others.  You can start by checking California's department for professional licensing to see the requirements.  

Many associations offer online courses you can take like these from the Institute of Real Estate Management.

 If you are not ready to jump into getting your license you might be able to find a property management company that you can work for in some capacity to gain experience.

 Perfect answer!

I used manage a 100-unit apartment building and our residents could pay online with card or bank account using www.PayLease.com. Not sure of the pricing as it was set up through our management company, but it may be a viable option even for smaller investors.

Post: Security check bounced ... I screwed up!

Jacqueline CarringtonPosted
  • Investor
  • Corona, CA
  • Posts 746
  • Votes 372

Require cashier's check or money order before any keys are exchanged or any lease signed.