All Forum Posts by: Edward Roe

Great thank you. I’ll be sure to notify all tenants in writing of the cameras function and remind them that, per the lease agreement, we are not responsible for any of their property and they are recommended to get renters insurance. 

Thank you again for your reply!

My wife and I own a 3 family in Pawtucket. Recently there has been an increase in petty crime in the area with one of our tenants cars being broken into. Long term I want to fit a security system to the property, however in the short term I would like to add fake cameras and signs around the property as a deterrent until I have sourced a permanent solution. Now would having fake cameras make me liable in any way if my tenants property were still to be damaged, broken into or stolen. As I have heard that a “failed security system” could potentially lead to liability for tenants property. If anybody else has any advice I’d be greatly appreciative. 
Thank you

My wife and I will be there and we can't wait!

Thank you for the info, I never thought about leasing the machines. So this is certainly something we can explore. I’ll also look at pay range too as this seems to be a better option than shine pay.  

My wife and I recently purchased our first Multifamily. This property came with large laundry appliances in the basement for each unit. None of which have any sort of payment system attached. I don’t necessarily want to install coin op because I don’t want the hassle of having to go to the property to exchange the quarters etc. Does anybody here have any experience with automatic systems like Shinepay or anything similar that can be paid without the use of coins? 

Thank you! 

I forgot to mention, that I highly doubt she’ll be able to afford anything close to the security deposit as she said “if I have to, I’ll pawn my jewellery” when she asked about first and security. 

We’ve had an applicant to one of our rental units who is on section 8 and claims SSI. She did well on the screening with a decent credit score of 685, not many current trade lines and no late payments. 

Can someone that has dealt with these types of tenants shed some light on whether renting to a person in this situation is a good idea or something to avoid. 

Thank you 

Hi Theresa, thank you for your reply! We talked it over with the tenant and she is happy to store the furniture until her actually move in date. As for the utilities, we will inform them of the change of accounts. Thanks for the advice. 

Hello good people, long time listener/reader first time poster. My wife and I have recently purchased our first small Multifamily and have signed a lease with our first tenant. The lease is signed and first and security is in our possession, however the lease doesn’t officially start until Aug 1. The tenant has asked if she can have furniture delivered before Aug 1.
How should we go about this? Any advice is appreciated. Thanks!