All Forum Posts by: Kassandra T.

in Alaska this trick doesn't really work. The judge calls this trick a late fee and we are unable to evict or legally enforce for late fees. We can collect after eviction is awarded throught the damages portion of the eviction.

When a tenant is late, we like to check for other issies, such as condition of the unit. If all is fine, then increaseing rent and staying month to month might be just fine.

what type of property are they applying for?

A type I would reject.

B type I would bump up rent and or sd costs.

C type. This is a typical applicant.

Kassandra taggart

Real Property Management Last Frontier

Anchorage, Ak

hi,

Welcome to BP. This is a great group to learn from. I'm in An horage and the business stretches to Wasilla. We might run into each other. I do agree Wasilla has more opportunity than north pole.

Meetup.com has groups where we meet and chat about ideas. My buddy Roy does reiak group.

Kassandra

Hi,

I have it where all my postings add the proper state clause of " Name and all residence"... This helped me once in evicting people that squated in the property. Now, I have it as company policy and forced it to be automatic on the documents so the staff can't forget the rule in the future.

This is a great one to learn and you'll want to remember and write it in your procedures so you can't forget.

I think the answer is best to pay the $200 bucks for legal advice and might higher him to go to court with you to ensure the judgement and kicking out. In my opinion, that is cheaper than going to court, get tossed out, start over, all while he is destroying the property.

Kassandra

Real Property Management

I rarely have these types of things work out. If I want to work with them, I get bids to confirm pricing. And it is a separate agreement outside of a lease. It is money they earned so the 1099 contractor taxes need done. Also, you'll want to write the expense.....So on. Do this like you were hiring a pro....not a tenant.

Ya know....per Robert you are suppose to use your team.

Call Collection Agency or Attorney and hand it over.

Hi Jimmy,Welcome. Scott Roy and i are Alaska locals. make sure you follow us so we. can stay in touch.

I think this goes back to what your grandma's always said. "Like minds hang out together". So the coloration is that people of certain class or working groups have a tendency of being similar.....thus you find trends among their decisions....so you end up avoiding them.

I think the response varies case by case, goals by goals, and tenant by tenant.

Some tenants are ....liers....

Some tenants are....trustworthy...

Which one might you have? How many times are they late? Do you want to keep this tenant?

Now What's up with the PM? That's great you got a message, that was honest. Is the DB safe? What's their policy about the DB?

Due the the laws around money, receipt of money, and so on, I don't allow my office to have a drop box cause their isn't a way to "prove" drop off and avoid theft of the drop box. And in theory, it was dropped off and now in the "hands of the PM". So does the PM owe you money?

(If there is a person that knows the law about that theory of "who's money is it" while supposedly sitting in a drop box, I'd like to know)

There isn't a way to give receipts with a drop box. Now, if one day I can afford the fancy "bank atm" style, where they "deposit" and get receipt and the money is safe, I would consider it for my business.

Until then, if a tenant can't pay online, they need to come in person.

Besides, I like meeting and speaking with a tenant face to face. They remember work orders to submit. We can talk and see how it is going. We can give them status updates. We can remind them of their lease. We can FINALLY get them to schedule the inspection....so on.

The "no" dropbox makes PM build relations with the tenants that pay in cash. Don't you want a relationship with those types of tenants?

What is your "goal" as a company, what is your procedures as a "company". What laws are you bound to by the city,state, and so on.

If you don't have one, it appears there is enough posts here to help make a "rule of thumb" that fits your goals.

A common rules are ....."Cash for Security and Rent /Full Approved application / and all appropriate documentation in hand....then you stop showing/taking calls"

On a side note-

If you get that many calls, you might be to cheap!

or.......

You can actually take this opportunity and make a bidding war happen. I've increased rent $300 once through a bidding war of those that were approved.

I have approved 3 people but said "it is a bidding war cause you are equally qualified. What else can you give to make it lean your way?" Then they start giving money. (Keep in mind to watch your local laws with this).