All Forum Posts by: Jimmy S.

If you have a tenant move in and you know they were convicted of a crime can you be held responsible?

Do you change locks or have them rekeyed every time a tenant moves out?

Thanks everyone for your input.

I did give them 40 days notice of rent increase, first they said they will be moving then, 2 weeks later they said they have thought it over and would like to renew the lease. I sent them a letter to sign and they never did. Then I went to sign the lease with them about 6 days before renewal and they keep blowing me off. First of the month came so the lease, auto renewed, I cant raise the rent now but they are still required to pay. They keep blowing me off and on 6/8 they said they are now moving and use last months rent for this month which they never paid. I went to her work and talked to him at the house and both gave different stories. One said they lost there job, other one said im not a good landlord and they fixed alot of things and put alot of money into the house which I don't believe since nothing was really brought to my attention.

I guess I just need to use there last month rent for this month and make sure they move at the end of the month so im not out any money.

Any advice is appreacited.

It does say in my lease that is automatically renews for 1 year if tenant does not give landlord 30 days notice, so the lease renewed and 8 days into the " renewed lease" they want to move. They did cause some damage so far to the unit so far. I don't want to really get them mad and start trashing it more since they really have no assets I can go after. I do have last month and security.

Should I go over again and knock on the door and if they don't seems to cooperate and pay the rent give them a notice to quit.

I really should find a good attorney also since I don't have one, im still learning and new to investing only doing it 3 years and really have not had any problems.

Here goes

In May they said there moving. 2 weeks later they said they will renew the lease and I said ok and will do the lease on 6/1/14.

Lease ended on 6/1/14 but says It will automatically renew for 1 year without giving 30 day written notice.

I told my tenant rent was going up and few minor things changed in the lease and they keep blowing me off for 1 week and making excuse not to sign the new lease so I went over the property to have them sign the lease since its 5 days after the renewal. Well they said they might be moving now and still did not pay rent, (3 days late so far). They also said they need to put alot of money in the house and its just an excuse I believe since nothing was brought to my attention and they said there not happy and will get back to me in 1 day to figure out what they are doing, meanwhile they did not pay the rent.

What would you do in this situation?

tax records?

sent a colleague request, It wont let me PM you. thanks

Hi Ray

Im from PA also and all bank I came across (about 10 I checked) will want 20% or 25% down if its a investment property. Im also looking for ways to find a lower down payment. You can use a LOC or something without them knowing.

Tenant is pack up and moving out early and Im not sure how to write a lease termination agreement? Anyone have a template or and give me a guideline so it looks professional.

Thanks

Does any one give refunds on heating oil? Lets say tenant moves in and its empty and moves out and say its 1/2 full, would you give them a refund?

I always leave it empty because tenants will never pay you if its full when they move in and empty when they leave.

It has not happened to me but figure I should get some input in case it does happen as a landlord.