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All Forum Posts by: Jay Mayer

Jay Mayer has started 6 posts and replied 14 times.

Post: Buying advise on floors and bathroom please

Jay MayerPosted
  • Nashville, TN
  • Posts 14
  • Votes 5

Hello guys,

What do you think about the Pergo laminate waterproof flooring the lowes is selling? Is it really water resistant for a bathroom or a kitchen?

I am in between buying Coretec Pro Plus and the Pergo, they will cost about the same. 

The Pergo seems to be pretty scratch resistant and looks really beautiful. Coretec can scratch and looks great as well. 


Also, there is a bathroom sale going on both at home depot and lowes. Are you guys buying lowes? 

What tricks are you using for getting maximum discounts at lowes? I just got approved for their card for 15k so I might as well shop there, but not sure if you can stack the online $20 off $100 coupons with the 5% discount for using the card. Any other way to add discounts to purchases at lowes?

Oh finally, is the grey tone or white tone floors still a trend or I rather go traditional brown oak for floors. 

Thanks for any insight. 

Post: Digital signatures for lease

Jay MayerPosted
  • Nashville, TN
  • Posts 14
  • Votes 5

I imagine these days digital signatures are allowed for contracts, but are there any guidelines as to what is acceptable or not. 

If my tenant sends back a lease signed with a digitally made handwritten type of signature (the one that looks like cursive, but is computer made), is this enough? Lease comes in using his personal email address. 

Thanks

Originally posted by @Thomas S.:

M2M is a standard lease that many tenants transition to at the end of a term lease. The reality is that regardless of M2M or term tenants will always leave when they need or want to leave. For most tenants when the need arises a lease is not respected. They leave when they choose. With a M2M tenants tend to be far more forth coming with their plans as they know they are not breaking a lease. The only tenants that do not like M2M are the bad ones that fear being terminated for their behaviour.

Put them on M2M and give adequate notice when you need the unit.

 This is right on. Thank you for your input!

Originally posted by @JD Martin:
Originally posted by @Jay Mayer:
Originally posted by @JD Martin:

Only crazy or desperate people would sign such a lease. Why would I sign a lease knowing you can kick me out for your own personal reasons at any time with notice? 

I think you have a moral/ethical obligation to be honest with them, regardless of what kind of lease they sign. I think it shows poor character to knowingly enjoin these people to a lease - M2M or otherwise - knowing that there's a reasonably good chance you're going to kick them out when it pleases you. I am in TN just like you, and we have broad latitude to do lots of things, but what you are suggesting is unprofessional and unethical. You should be the one to move into a temporary rental if things don't play out until their lease is up. 

You are too quick to insult and assume what people will do based on just what you had for breakfast. 

I never said I would not be honest with them. That is just an accusation you made up. Actually, I have a great relationship with them with good communication. I am also renting the home to them at least $200 below market for several years since I know they can't afford full market price and I like them. 

So, your sharp knife accusations of unethical, unprofessional and poor character and whatever else you thought, but didn't vomit on your post, is just you having a bad day. 

With that being said to address your tantrum, things happen in life and I am trying to plan accordingly, that's why I posted to ask for ideas. So, no crimes have been committed yet as you can see, it's all in your uptight mind. 

I hope the other landlords who posted before you on this thread don't get offended by you when you said they too have poor character for suggesting a month to month. 

 Just your response says all anyone needs to know. You know that what you are asking to do is wrong, yet you are looking for ways to do it anyway. Why else would you ask if could legally add "any reason" to their lease? Further, you said "Any advice is super-appreciated", but what you really meant was "Any advice that makes me feel good about what I'm trying to do is super-appreciated". 

I didn't accuse you of anything. I said you have a moral/ethical obligation to be honest with them, and that setting someone up in a lease knowing this is your plan is of poor character. You may take it as a personal affront, but that's because you already know what the right thing to do is yet you are looking for an out from professionals. Personally, I couldn't care less what you do with these people, since it has no effect on my life. If you want to be stroked, then ask to be stroked. If you want advice, be prepared to hear things you may not want to hear.

Oh, and BTW: everyone else in this thread told you the exact same thing. And, for what it's worth, I'm having a pretty good day! :) 

 What I really meant? There you go again, imagining things. 

You said suggesting a month to month shows poor character. Stop insulting other members. 

I think a good lesson for you here is to proofread what you are so quick to post. Including your moralistic blabber trying to make yourself righteous. If is quite funny though, that you conclude saying you couldn't care less what I do with these people. That negates all your moralistic and obviously fake, altruism. 

Please keep having a good day away from this thread. 

I doubt that bigger pockets is about PRO members insulting other members, pro or not. 

You sound like a bully. 

Originally posted by @JD Martin:

Only crazy or desperate people would sign such a lease. Why would I sign a lease knowing you can kick me out for your own personal reasons at any time with notice? 

I think you have a moral/ethical obligation to be honest with them, regardless of what kind of lease they sign. I think it shows poor character to knowingly enjoin these people to a lease - M2M or otherwise - knowing that there's a reasonably good chance you're going to kick them out when it pleases you. I am in TN just like you, and we have broad latitude to do lots of things, but what you are suggesting is unprofessional and unethical. You should be the one to move into a temporary rental if things don't play out until their lease is up. 

You are too quick to insult and assume what people will do based on just what you had for breakfast. 

I never said I would not be honest with them. That is just an accusation you made up. Actually, I have a great relationship with them with good communication. I am also renting the home to them at least $200 below market for several years since I know they can't afford full market price and I like them. 

So, your sharp knife accusations of unethical, unprofessional and poor character and whatever else you thought, but didn't vomit on your post, is just you having a bad day. 

With that being said to address your tantrum, things happen in life and I am trying to plan accordingly, that's why I posted to ask for ideas. So, no crimes have been committed yet as you can see, it's all in your uptight mind. 

I hope the other landlords who posted before you on this thread don't get offended by you when you said they too have poor character for suggesting a month to month. 

Originally posted by @Max T.:

Can't have your cake and eat it too.

Month to month.

 I am considering month to month for sure now that cake was mentioned. 

However, I imagine there may be other ways to solve this by adding something to the lease that would state I can terminate the lease with proper notice, for any reason. Unless this is something that by law can't be added to a lease? 

Thank you Kristopher. 

I thought about the month to month option. That could also play against me, if I end up not needing to move back, but they decide to leave when I least expect it. 

I may have to do that though, if there is no other way to add a clause to the lease that could do what I need. 

Thanks for your input. 

Hello, 

I am a newbie landlord by chance. Please bear with me. 

Tenants have lived in what used to be my primary residence for the past few years. They have been good and can't complain. 

I am about to renew the lease, but due to uncertainties that came up in my life, I "may" need to move back to my home. This may happen in the middle of their lease, if they sign another year. 

I know I can make the lease shorter than a year, but I am not sure when I may need the home back. 

Is there any way to add something to the lease that I can use in order to get the home back for "any" reason as a Landlord? 

Or how can I work this out now that I need to draw up the new lease again in order to help me get the house back when I need it?

Any advise is super appreciated!

Thanks

Hi Lynn, my lease states that an inspection should be during reasonable hours and with tenant's consent, which shall not be unreasonably withheld, but it mentions no specific hrs like yours that gives them 48 hrs.  

I asked for a convenient time and day last Wednesday, so it is not that bad, but I am more concerned about what to do now that I agreed to an extension without seeing the property first, but I am sure since I haven't signed a lease yet, that I can just withdraw my offer to extend it based on the inspection (if it comest to that). Am I right?

Also whether I need to give them 30 days from the date I tell them they need to move even though it may fall out of their lease terms. In that case, should I give them 30 days and charge them for the extra days if it happens this way? 

If your tenant has notified you that they would like to remain in the property for another year and you have agreed that they stay via email a little more than 30 days before lease expiration, but when you ask when is a good time to do a maintenance inspection (before signing the lease), they stall and take a while to get back with you. 

Also, lets say this inspection finally happens just 2 weeks prior to their lease expiring and I find they have not taken care of the home and do not want to renew the lease because of that. 

Would I need to give them an extra 30 days from making that determination, despite the fact that they stalled the inspection and allowed it within the 30 days notice one should give? 

I appreciate any clarification that may help me move forward if this happens. Thanks