All Forum Posts by: Kevin Kim

Quote from @Bruce Woodruff:

Quote from @Kevin Kim:

Quote from @Bruce Woodruff:

Having owned, and been around horses before (for years), they can cause a LOT of damage very easily. One move of the hips can take down the side of a shed or fence. If they get loose on a wet day, you will be fixing their hoof damage for weeks....

Not to mention the liability. There are signs that should be posted to lessen your liability. Get several of these and post them all over. Let's say the tenant has a horse and someone stops by the property to buy an item they saw on Craigslist. Their kid goes over to the horse and spooks it, gets kicked in the head.....guess who will definitely get sued? Yes you. I don't care how much insurance your tenant has...you will be seen as 'Deep Pockets' guy

Thank you for the reply. 
So, even though tenant have a renter's insurance with liability, are we liable for the sue???

 Oh Yeah. You know this. They will go after everyone involved...

Does the Enuine inherent risk law protect us even though just random person get injured by our tenant's horse in our property? 

Quote from @Russell Brazil:

Only if it is single family. If it is multifamily, and the horse is in the upstairs unit, it will disturb the tenant below when it dances.

 I will ask my tenant don't bring their horse to upstairs :)

Quote from @Bruce Woodruff:

Having owned, and been around horses before (for years), they can cause a LOT of damage very easily. One move of the hips can take down the side of a shed or fence. If they get loose on a wet day, you will be fixing their hoof damage for weeks....

Not to mention the liability. There are signs that should be posted to lessen your liability. Get several of these and post them all over. Let's say the tenant has a horse and someone stops by the property to buy an item they saw on Craigslist. Their kid goes over to the horse and spooks it, gets kicked in the head.....guess who will definitely get sued? Yes you. I don't care how much insurance your tenant has...you will be seen as 'Deep Pockets' guy

Thank you for the reply. 
So, even though tenant have a renter's insurance with liability, are we liable for the sue???

Hi Andrew,

Thank you for your reply.

I haven't asked our insurance company yet, but I will do so tomorrow. However, I have asked them to obtain renter's insurance with $500,000 in liability coverage. They checked, and the premium was less than $200 per year, which is affordable. Additionally, I will ask them to pay $75 per horse for pet rent, so it will increase the monthly rent by $150.

Please let me know if this sounds okay, and if there are any other steps we need to take for tenants with horses. Thank you.

Thank you for your reply.

Our county and Edison have stated that we can install a sub-meter, not a separate meter. Therefore, we will install a sub-meter outside of the house. The tenant will be able to see both the main meter and the sub-meter. This setup will allow them to determine their own usage, and we will pay the difference either monthly or annually.

We use the warehouse only a few days a month, so our power consumption will be very minimal.

If this makes sense, or if there could be any legal issues, please let me know.

Thank you.

Hello,

We're considering renting our house to a prospective tenant who owns a horse. I'm curious about the implications of having tenants with horses.

Do horses typically cause damage to fences or buildings? I'm also considering charging a higher rent due to the potential for additional wear and tear.

If you have experience with tenants who own horses, could you share your insights? Any advice would be greatly appreciated.

Thank you!

There is one electric pole connected to both a metal building and a manufactured house. We use the metal building for warehouse purposes, and we will soon rent out the other metal building. We use very little electricity in the metal building. However, we do not want the tenant to pay for the electricity that we use.

I contacted Edison and the County to see if we could install an additional electric pole to have a separate meter, but they said it is not allowed to have more than one pole for our property.

I found a sub-meter on Amazon, and I wonder if it is allowed to install one on the electric pole, so our tenant can see how much energy we have used. This way, we can reimburse them for the power we use each month.

Please let me know what the best and/or easiest way to handle this would be.

Thank you.

https://www.amazon.com/DAE-DEM730P-Electric-Submeter-Interna...

https://www.amazon.com/Pass-through-Rail-Volts-energy-meter/...

Hi,

We have found a really good potential tenant. He has already submitted an application through Zillow, and we have the contact number of his current home manager.

Please let me know if it's still a good idea to ask the potential tenant for a recommendation letter from their current landlord, or if calling the manager would suffice.

By the way, what should we do if the tenant has simply provided a friend’s number, and the friend pretends to be the landlord or property manager, or if he just make fake letter? Are there a way to check? 

Thank you. 

 Thank you!

Hey there,

Showing our house to potential tenants is turning out to be quite the task. We often end up finding out their credit score or income doesn't cut it only after we've shown them around, which honestly feels like a bit of a time sink.

So, I was thinking, whenever someone hits us up on Zillow wanting to check out the place, maybe I could just ask upfront if their credit score is over 600 and if they're pulling in more than $6,000 a month. Do you reckon that's cool to ask, or are there some legal hoops to jump through?

Thank you