All Forum Posts by: Kyle Johnson
Kyle Johnson has started 7 posts and replied 19 times.
Post: Reimbursing Tenant for Fixes
- Posts 19
- Votes 4
Quote from @Theresa Harris:
How much did they charge and was it for materials only or materials and time? My PM is hit and miss with asking for approvals....or rather they ask, but then they do it anyhow even though I reply quickly if I have questions/concerns (owner is great, but staff are hit and miss).
If the cost was reasonable, I'd pay it, but in no uncertain terms tell them that this is not to happen again. If there are repairs that need to be done that are not urgent (and sorry, but a broken oven door is not urgent), they MUST have it approved by you first.
Both Material and Time. $400
Post: Reimbursing Tenant for Fixes
- Posts 19
- Votes 4
Quote from @Ned J.:
My lease states no unauthorized repairs will be paid for by the LL. PERIOD- you fix it without talking to me first, I'm not paying for it. (with the exception of an emergency like the house is flooding and you cant get ahold of me etc)
With that being said..... how much $$ are we talking? How good are these tenants?
Good tenant..... kind of an emergency rush with the holiday.... I might make a one time exception if the $$ isnt ridiculous. But make it perfectly clear this is a one time deal.
Not paying for tenant labor.... materials maybe....
Any reimbursement is totally separate from rent- full rent gets paid and I issue you a separate payment
Interesting. PM suggested the deduct from rent thing. Total $400
Post: Reimbursing Tenant for Fixes
- Posts 19
- Votes 4
Quote from @Quinton Thomas:
Do you have it written down in the lease that you had the tenant sign on if they were responsible for them to cover repairs if situations like this appear? also I don't believe you should have to pay because the work was not yet approved by you. My PM always waits until my approval before proceeding with repairs. However, I also have it written in my lease that for tenant damages they are responsible for them.
Post: Reimbursing Tenant for Fixes
- Posts 19
- Votes 4
Okay. I got a call from my property management company the Monday of the week of Thanksgiving. Oven Door window cracked. Tenant needs it fixed ASAP so they can have Thanksgiving. PM sent guy to look at. They couldn't repair but could replace the glass in a couple of days for an unreasonable amount. So I called my guy. My guy couldn't come until after Thanksgiving. So I get another call from PM saying the tenant said he could fix it and that could go towards the rent. Well I'm like hold up! How much? I don't hear back for a few days. My guy goes to the house and tell me, the guy already fixed it. WTF? Then a week goes by the PM send me an invoice from the tenant (labor + costs).
I feel I shouldn't pay this because the tenant broke the glass and he didn't wait for me (my guy) to repair it. And since he took it upon himself, he should suffer that loss since I never approved him to do it.
Question: Should I pay his invoice for the repairs?
I'm willing to go half but that's it at this point but I could be convinced to do the whole thing.
I don't want this to become the tenant scam. Let me break something then fix it so I can pay less rent for the month.
Sorry, you're right. I should have searched. But thanks for replying.
Hello All,
I'm just curious. Will getting solar add any value, marketing and/or rental value to your SFH rental? Is it worth doing?
I can see it may add some marketing value but that's it. Curious if other have done this if they have a SFH rental.
Post: Rental Homeowner Insurance
- Posts 19
- Votes 4
Thank you William and Adah! I thought that sounded a little weird. I'm usually the one paying for the wear and tear after a tenant moves out.
Post: Rental Homeowner Insurance
- Posts 19
- Votes 4
I just want to confirm something.
I have a rental property (SFH) that has hardwood floors throughout. I was told that insurance could cover the cost of any damage or replacement if needed? Is this correct? Is it the rental homeowner insurance or some other insurance?
Thanks!
Post: Adding Property Management Company To Insurance
- Posts 19
- Votes 4
I was told all of a sudden I had to add my PM to my insurance. My PM is under new management. After doing some research online all the articles that are for adding your PM to your insurance are written by other PM companies. I wanted to get an owner's perspective about adding your PM as an Additional Insured.
What's the owner's benefit in doing this? From what I can tell you are just saving the PM company headaches and helping them out in case anything goes wrong.
Thoughts?
I have a rental property and the appliances in my property is not what I would consider old (< 5 years) but they have problems from time to time due to overuse. That made me wonder should I consider buying a home warranty like AHS? Is this a good idea or should I just buy extended warranties on all my appliances? Any advice would be appreciated due to I have only been doing this for a year and a half with one property. My PM charges a arm and leg if they have to fix stuff. I'm trying to avoid that.