All Forum Posts by: Dale Miller

@Marelyn Valdes I hear ya on that. Around here they are installing traffic speed cameras at school intersections to get more revenue. I hope I dont have to go through the eviction process it sounds like a nightmare. Glad you were able to sell high and not wait too long. Good luck to you!

In Marion County, FL, the clerk of court is taking eviction cases and you can go through the whole process except for issuing the Writ of Possession, since there is a moratorium on evictions.  As soon as the moratorium is lifted/expires, judges can start signing the writs.  Tenants may believe they can't be evicted and not answer any paperwork, allowing the landlord to get a default judgement and be ready to evict them.

I don't know why there are so many posts on this forum where people just assume every tenant no longer has any ability to get money. Whatever the news is screaming at you is mostly not true, they try to make it sound like the great depression and everybody lost their job but this simply isn't the case. I'd say the majority of people are still working where they were when this started. Yeah, a few people are having money problems, but it isn't nearly as widespread as the media wants you to think. Numerous jobs have also been created as a result of Covid...

I have not had one missed payment, a couple late ones but nothing to do with covid. If I did they would be evicted immediately, and if there was a period I could not, I would make it clear to them if they are not paying rent, even though somebody said they don't have to, I will still evict them when the time comes. Even if they pay the past due bill in full. (but nobody will) Good luck finding a new landlord.

 per the National Multi Family Housing Council Apprx 94.5% of renters are paying their rent.  Of that apprx 5% is paid late but paid in the month due.  This is not much different than last year.  See the charts here. Scroll down to see monthly comparisons to last year. https://www.nmhc.org/research-...

sooooooo are there folks who are not paying rent? Yes.  But it is not what is being portrayed (millions) 

 Thanks. We have another tenant, a semi-retired couple, who moved in.  Fingers crossed!!

 Oh you don't know.. Erie County I think they started the process last month?

I should hope they are waiting to evict.  This is not a charity program.

I'm in Canada and have 4 rentals.  Only one had a tenant who stopped paying altogether and they weren't communicating with us.  As soon as we were allowed, we evicted them.  If it was someone who was making partial payments and working with us, I wouldn't have taken that route, but that was definitely not the case and the condition they left the place in was disgusting.

I agree it depends a lot on the local market/sub-market.  All my properties are in NOLA which, normally, I think has a soft rental market.  In the past, it's taken me as long as 6 weeks to find a tenant and, on average, 3 weeks.

I've had four vacancies since early July, three of them at the same two recently renovated/almost renovated duplexes.  

I had tenants lined up for my first vacancy after 10 days, with a move-in date for August 1st.

The second vacancy was posted in early Sept.  It took less than one week and the tenant moved in Sept. 15th.

From showings for the that second vacancy, we already have a tenant lined up for when we finish the 4th unit at those duplexes (sometime this week).  I won't even have to advertise that vacancy.

Another tenant from that showing asked if we had any available properties in East NOLA (totally different part of town).  So funny she should ask!  We did, but hadn't advertised it yet because there were repairs needed after the previous tenant.  Ended up not having to advertise that house either.  We finished those repairs last week and she is moving in today.

@Dale Miller

Zero issues over here in Minneapolis.

Rented the last three units for personal bests.

Occupied three bed upper duplex-> 1 showing then rented by someone who found it online before the next scheduled showing.

Reno 2 bed plus upper duplex: lease signed 1.5 months before finished with reno.

Reno 2 bed lower duplex: listed 1 week before finish: had people moving in 1 week later.

Good screening has been key, but good screening doesn’t have to take many days.