All Forum Posts by: Kim Meredith Hampton

Felicia,

Look first to see if there are other quads in the area, as your only zoned now for three units, so at minimum, you could probably make this a triplex in lieu of duplex. 
Will need to know density, parking requirements, can the building withstand building on top, lot size, future planning etc…. depending on how well the zoning and platting dept plays with others! It’s worth a look see, just do your homework up front before hiring the other professionals to make this happen.

Good luck

Have you went and knocked on the door? Texted?Have a process server physically give the notice of non renewal. and as Teresa said, try calling from a different number

@Ray D. I have used NES for years at a 10 unit I own. Received a letter that they are more than doubling my monthly fee + a $50 meter reading fee, and unfortunately this is a cost that the state does not allow us to pass along to the tenant! I told them to remove their equipment at the end of this month. I will just have my bookkeeper bill a flat amount monthly from Jan 1st on. 

Obviously, it’s better to have the units submetered, but I know sometimes it’s cost prohibitive. Look around and see who is in your area and pricing. Ask chat GPT to create a spreadsheet for you will all the information you want

A lot of this process depends on your laws regarding STR and Mid term leases/occupancy? Did they sign a lease or are they still considered STR? How long have they been there? How do they pay?

@Sendil Thangavelu you really need to hire a professional property manager or real estate attorney to help direct you in the right direction from now and the future

@Bill B. i think he did this himself without a PM

Sendil

In order to withhold rent they need to have notified you in writing about any issues and allowed you seven days to rectify. In addition, if they withhold rent, it has to be placed with the registry of the court where the property is located. If they have not done those two items, there should be no reason why the courts will holdup the eviction. 

Not sure what the interior will look like, but hopefully you have photos of prior to occupancy, so that you will be able to claim against their security deposit, and a judgement for past due rents and any damages

@Glen Michael. I have purchased several PM companies over the years and am happy to discuss, just message me

you are almost to the finish line!! give the tenant notice that you will have the car towed if they don’t remove by xxx date, and make sure you address problems right away instead of avoiding them. As they say, if you give and inch, they will take a mile. Hopefully you have learned some valuable lessons about being a landlord. 

Make sure to go ahead and give proper notice of non renewal per your lease and state statutes, so you don’t have anymore headaches 

@Don G. What is the price point on this property and what type of loan and down payment?