All Forum Posts by: Gary Thao

How did you handle storing/giving/receiving tenant keys?

Pre & post inspections? 

I assume online ads with email correspondences only, with phone calls if necessary?

I am a long distant Landlord and have the worst Property Management experience. The first one would lie, charge me for expenses I never approved and evade my questions. Got rid of him and now this second one is doing similar. How are you finding good property managers?

Just last month, a long term tenant left. I get the statement this month and the property manager supposedly gave the tenant back all their deposit without notifying me and work needs to be done to the apartment. I'm  currently emailing her back and her latest response is, "That was her refund of security deposit. we did not take anything out because the apartment was being remodeled after she moved so Oregon kinda frowns on taking money when you are going to remodel."

What a bunch of BS. Let me know what you'd do.

Most of us are starting off small, but for those with experience and income. What would you have done differently starting at zero properties with your experience, $500k and the current market? Stay local, buy long distance, open a restaurant, buy commercial, crypto, down payment on an apartment complex, etc.

Thanks for the advice all. From further research, I've found that I am unable to charge any pet fees or increase the deposit in any way. I do have the right for an explanation on why the companion pet is required and some insight on the persons disability for legitimacy. I will cooperate with this as if it is true, then it will be fine. I am having the tenant complete a "Reasonable Accommodation" form obtained from the local Multifamily Association. The doctor's signed form that was provided to me was very vague - "Please allow companion pet".

Thanks for the advice guys/gals!

3/21/14 - I received a 30day notice in the mail from a Mo-Mo tenant stating they were wanting to vacate on the 21st of April. I informed them that it will be fine and that their rent will be prorated for that month after vacating.

4/5/14 - When April comes along, I don't receive the rent from them. I send a certified mail "Notice to Vacate due to non-payment of rent" on the 5th day w/late fee notification and start moving on the eviction process with the county. An email notification was also sent.

4/15 - I later receive the April payment w/late fee. The eviction process was also stopped.

4/17/14 - Received an email requesting an additional 30 days (5/21) as the place they were planning to move to is not ready. I acknowledge that it will be fine via email and that I will need full payment for that month which will be prorated after vacating.

5/12/14 - Received an email from Tenant notifying me they have vacated the premises and the keys were left in the apartment.

*Do I charge for an early termination fee even though I don't have an actual signed agreemtn? I am under the impression that an email confirmation can be a binding legal agreement.

*Do I charge the eviction fees to the security deposit?

Would the tenant have to provide any documents proving that they have a disability?

Uy,

There is PMI involved in the first example.

I own a Fourplex and occupy one of the units in Oregon. This is my only multifamily property. There is a "No Pets" policy which my tenants are aware. One of my tenants presented me with a Doctors note for a companion dog. I informed her about the pet policy and would get back to her. What are my options without getting into legal issues?