All Forum Posts by: Account Closed

If we have an applicant that falls a little bit short, but we think they'll make a good tenant we prefer to take additional deposit.

When you take additional prepaid rent that gets used up during their tendency while the additional deposit stays until they move out.

Often times when the tenants pay the additional deposit you want to make sure they get that money back when they leave and them more incentive to leave the property in good condition.

Kevin

Usually something dropped hard enough to break the glass on a cooktop will have an impact pattern in the glass with multiple cracks.

If it's a single crack running across the surface is probably due to excessive heat. Could be caused by a couple reasons surface weakening over time due to use, or the internal element overheated.

I hope this helps,

Kevin

First I'll say I'm a property manager and this is coming from my point of view.

I've been in the business for over 30 years and currently manage over 800 single-family units and duplexes.

A bad property manager will cost you money, but a good property manager is well worth more and the cost to use them.

We have a proven track record of renting properties 3 to 4 weeks quicker, thereby the owner receiving income 3 to 4 weeks sooner which actually covers most of our fees to manage the property.

We also have some of the most thorough and toughest tenant screening in San Antonio. Avoiding one bad tenant can save an investor hundreds of dollars in lost rents and even thousands of dollars in repairs and damages and the cost and headache of going through evictions.

Good property managers have lots of experience with all the different issues that can arise when renting to tenants.

Good property managers make sure that your properties in compliance with the local property codes and laws and have well tested lease agreements and forms.

It's really not a question of whether a good property manager is costs effective, the question should be how do I find a good property manager.

One of the best websites to go to to look for a good property manager is www.NARPM.org (National Association of Residential Property Managers).

Investors can enter their local area and see what property managers are members of NARPM and further screened them by what designations that they have obtained such as MPM (Master Property Manager) or RMP (Residential Management Professional).

Using a professional property managers will help you maximize your investment.

Kevin

I can tell you the BBB is a ineffective as far as settling disputes,it only puts a black mark on their company.

The BBB is only a platform for owners and tenants to communicate back and forth with the management company, if the management company even responds.

You might want to complain to the person that referred her and ask her if she knows of any good attorneys that specialize in tenant landlord law that can help your mother or if there is a real estate commission that oversees property managers.

I would also recommend that you Google for real estate attorneys in the area and see which ones practice for specialize in property management and tenant landlord law.

Also, you may want to find out if property managers are required to have a real estate license to do property management in Tennessee as some states do require licenses and other ones do not.

If you find that they do require real estate license to do property management there is a real estate commission that you may be able to file a complaint with and depending on what their findings there could even be a recovery fund.

I would probably start with finding a good real estate attorney with specialized landlord tenant knowledge to give you some good professional advice.

Just for future reference, a good way to find a good property manager is to go to www.NARPM.org and do a search for property managers in that local area, particularly ones with designations or certifications.

I always hate to hear when landlord runs into a bad property manager it is never good news.

Good luck in getting this resolved for your mother.

Sincerely,

Kevin Knight

Usually only have so many days to appeal and there is probably paperwork to be filed and there may be additional money that you have to posted for the appeal.

You should seek the counsel of a real estate attorney that specializes in landlord-tenant law in your area, not just a general real estate attorney. A attorney that specializes in landlord-tenant law can give you some professional advice on what to do in your particular situation.

I recommend that you get a real estate attorney that specializes in landlord-tenant law and that  handles evictions in your area to help you.

With single family housing , we had far more problems with dealing with Section 8 officials than we ever had with dealing with the tenants that we on the program.

Hello Kazi,

Yes it is a lot harder when you purchase the property with the tenants already in place.

I really like the move-out video, if the tenant complains that he left something clean that was not I can always email them a link to the YouTube video.

Kevin

First check your state laws regarding security deposits.

If we have a tenant that trashes a property, we cannot just automatically forfeit their security deposit and we have 30 days to send the tenants an itemized list of charges against their deposit.

In Texas if an owner does not follow proper procedure even though the tenant trashed the property, the tenant can go back after the owner for triple the security deposit plus attorney fees and court costs.

If you accidentally did not follow your state laws, I would immediately refund the total deposit.

If you followed your state laws, then you should have at least contractor invoices for the work done to justify the expenses against her security deposit. Again, please be sure you are following your state laws. In Texas we cannot charge for normal wear and tear.

Tenants normally and routinely challenge charges against her security deposit.

We typically take on average 300 move-in pictures and 300 without pictures plus video. You cannot have too many pictures.

It is fairly easy today for an owner to take lots of move-in and move-out pictures and video off your smart phone. You can upload your videos to YouTube and keep them private, until you need them. Also, you can create a folder in dropbox for each of your rental properties and store the move-in and moveout pictures.

When we do charges against the tenants security deposit, we send them a copy of move-in picture with a copy of the move-out picture, this greatly reduces tenants protesting the charges against her security deposit.

Document document document.

Always get a copy of the tenants ID.