All Forum Posts by: Jordan Myer

As I understand in Colorado the Landlord is ultimately responsible to cover costs of pest control. However, I have seen LLs put in the lease that the unit is guarunteed pest free at time of move in and any costs during the term of the lease is tenant responsibility. I have a tenant that has a mice phobia. In my experience, mice problems can be controlled by a handyman and yearly costs to an exterminator are not necessary. What to do if a tenant is wanting yearly pest control which can get expensive and the LL wants to simply handle a couple mice with setting traps. It is not an infestation.

What does the lease say?

Buying a few of bait traps from Home Depot should be sufficient

1 Vote

Denver, Colorado

Quote from @Tim Bratz:

The problem I have with property managers are the same problems I have with all third-party entities-- not adapting to the way we do things and, therefore, missing the mark. It typically comes down to a lack of clear communication between my team and them. Set some clear goals and hold them to it.

Before signing with a PM or any third party you should be making sure their systems and processes align with "the way you do things". Expecting another company to change their systems and processes to accommodate you is a recipe for disaster.

0 Votes

Bend, Oregon

Quote from @AJ Cerbo:

Hi Everyone -

I have a tenant who is on their second eviction at my property. After filing with the court, the tenant sent me a partial payment via CashApp. During the court case, the judge informed me accepting any money forfeits the eviction.

My question is, if the tenant sends money again during the eviction process, and I immediately send it back, is that considered "not accepting"?

I'm unsure if there's any way around this unless I simply block their CashApp / Zelle. But then they may use that against me in court saying I wasn't allowing them the opportunity to pay. Any help is appreciated!

I would consult a real estate attorney. This could get sticky

0 Votes

Gilbert, Arizona

Quote from @David Ted Hren:

Hello BP Community, I am new to real estate, ALL things!!!!! I have been studying any books i can get my hands on. listening to podcasts for the previous 10 months. attending local meetups, meat some very knowledgeable individuals. i have been bit by the real estate bug i cant stop talking, asking, listening, all things real estate. have a family member who asked me if i wanted to manage a rental property for them to help me and them. they have been using a property management company, but they want to help me get my feet wet. Blessings for sure! my Question is: should i set my self up a license? Do I Need a license? their property is already established as rental property with an LLC, TPT. Thank you for reading and any advice would be much appreciated!!!

DTH

I would be cautious going into business with friends or family. Not worth the risk of ruining the relationship if things go south

0 Votes

Quote from @Daniel Ng:

My friend has a rental property. On the lease the tenants are suppose to pay for the utilities.

The Gas company sent him a termination notice stating that the Gas meter was tampered with, and he has to paid $300. He didn't notice the "bill", so it is now going through a Collection company. He did not open an account with the Gas company, so we don't know how the account was open with his information.

The rental property is manage through a property management company. The Management company took over the property once it was brought, since we use their Real Estate Agent. He has not had any contact with the tenants.

One of the first steps when moving in a new tenant is making sure they transfer utilities into their name. We require (as do most PM companies) that utilities are set up in the owners name when the property is vacant (so that vendors can use electricity while doing work, etc) I'm guessing the PM company put the gas in his name

1 Vote

Cleveland, Ohio

Quote from @Joshua Christensen:

What are some of the biggest things you look for when hiring a 3rd party management company out of state. Consider that the property will not support onsite management or maintenance.

What some pitfalls you've experienced that now you are diligent in your hiring process?

Thank you.

Check google reviews, ask how they screen prospective tenants, and find out what their maintenance costs/response looks like

0 Votes

Quote from @Evan Hauler:

Hello Everyone!

My first tenant has her first full month starting in February, she has let me know that she won't pay until the 2nd, the lease has it is due the 1st with a grace period until the 5th. I said that that this month is ok but rent is due on the 1st going foward. Would I be able to issue a pay or vacate if she pays on the 2nd again?

How would you guys handle it?

Thank you all very much!

you gave her a grace period until the 5th...

1 Vote

Milwaukee, Wisconsin

Quote from @Alexandra Isenhour:

I have a tenant who moved out in May and a new tenant who moved in June. If there was a CAM fee completed in January 2023, would I prorate this expense to the new tenant even if it was completed when they were not in the building?

Not an expert in this area but as a new tenant i would not be happy with being charged a fee from before I was even a tenant

0 Votes

Cape Coral, Florida

Quote from @Trinity Smith:

I have a four bedroom/three bath home in Fayetteville. My son is the only one who currently lives there. He is a U of A student. Are there any property managers who can help me rent the other rooms?

Have him talk to his friends. Probably easier and much cheaper

0 Votes

Fayetteville, Arkansas

We use a company called RentScale. Great sales training on how to grow your PM business

2 Votes

Toledo, Ohio

All Forum Posts by: Jordan Myer

Jordan Myer has started 0 posts and replied 82 times.

Post: Pest Control - Can tenant take some responsibility for payment to exterminator

Post: What do you dislike about property managers?

Post: Eviction - Tenant Sending Money

Post: Managing property for family.

Post: How to handle a dispute with a Utility company that landlord never sign up for?

Post: Hiring 3rd Party Management

Post: Pay or Vacate Notice

Post: CAM Expenses when a tenant moves out.

Post: Property Manager for Rent by the Room

Post: Question: How To Scale My Property Management Company?