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All Forum Posts by: Malachi P.

Malachi P. has started 4 posts and replied 22 times.

Quote from @Henry T.:

No. Mom has to live nearby. What if you have to sue her for non-payment? Don't do it.


 She does live nearby.

Quote from @Jeremy Jareckyj:

There may be better options out there. 

I would have the mother screened and put her on the lease as well.

Had both screened, the mother's financials look pretty solid and I can't imagine she'd want them ruined by this situation so that would seem to me that she will pay.

Income: 7.4x rent
Credit Score: 800+
Minimal credit card debt
Clean background

Had a lady call the other day to tour my rental unit. She said it would be for her daughter who recently had a relationship end badly in another state and she is moving her soon with no possessions (including no car) and no job lined up. The mom came to tour the unit and said she would be the one paying, "until my daughter can find a job and start paying herself."

This unit is not furnished other than kitchen appliances and laundry so I don't know who will be paying to furnish. I'd of course have them both screened properly and mom signed as a guarantor... but would you do this? Seemed like it wouldn't be a terrible idea at first but that may be due to the unit being slow moving and desperation. The more I think about it, the worse it sounds. 


Sorry, that's not what I mean. I meant in the scenario of the tenant and moving company handling the entire repair. If I had let them do that, what would happen if they "fix it" but not to my standards. Would I then take from the tenant's deposit to have it fixed properly at the end of the lease?

Quote from @Nathan Gesner:

This should have been handled between tenant and moving company. You hired the contractor, so I think it's your responsibility to get the contractor to correct it and hope the moving company accepts the second bill. The contractor should correct his work at no charge.


In this scenario what would happen when they just install some random parts that don’t match, or use the cheapest materials/contractor they can find and it isn’t repaired up to my standards as the property owner? 


Would I take it out of the tenant’s deposit to fix it correctly?

As the title says, the moving company damaged some flooring when my tenant moved in. I hired the contractor for the repair because that seemed to be the best way to ensure things are repaired to my standards, and using the same material.

Turns out, the flooring manufacturing company discontinued the parts that were damaged, and replaced it with a similar, but different fitting part. Because of this, the contractor installed the new part incorrectly and it now needs to be redone (increased repair cost because additional material/labor hours are needed).

No one has paid anyone yet. Logically, the moving company pays the tenant, the tenant pays me, and I pay the contractor. But now that the contractor has also messed up, what happens?.. Should the increased cost go to the moving company as this is their fault to begin with? Estimate initially given to the movers was about $550, it will now be about $850.

Yikes, that is definitely a pass. Thanks for the insight to heavily consider these types of things! 

Yeah one person sent me a very long reply after I sent them the form, stating all the reasons their credit is low and can't show their income but how they are still a great person and they aren't going to fill out the form to just get judged on paper.