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All Forum Posts by: Wendy Man

Wendy Man has started 9 posts and replied 104 times.

@Nathan Platter can you share the handymen references with me also? In NE Minneapolis, and currently need some outside work done. (Wood trim repair, concrete patching, retaining wall repair, etc.). Hoping to build some long term relationships. Thanks!

(reposting because mention in previous post didn't work correctly)

@Wendy Connelly We are looking for a handyman to do some outside trim repair and similar work in Minneapolis. Saw your post but the URL  doesn't work. Can you share Matt's contact info?

(reposting because mention didn't work correctly on previous post)

@Brandon Hershey can you share your handyman contact with me?  We are looking for some work to be done in a NE Minneapolis duplex, and also hoping to establish a regular relationship with a handy person.  Thanks.

@Wendy Connelly we are looking for a handyman to do some outside trim repair and similar work in Minneapolis.  Saw your post but the URL doesn't work.  Can you share Matt's contact info?

@Nathan Platter can you share the handymen references with me also?  In NE Minneapolis, and currently need some outside work done.  (Wood trim repair, concrete patching, retaining wall repair, etc.). Hoping to build some long term relationships.  Thanks!

Post: Inheriting long term Tenants?

Wendy ManPosted
  • Posts 104
  • Votes 35

Can you require seller provide properties vacant at close?  We took our first property with two existing tenants on month to month.  Was not good and would have been better if we required seller to closed vacant.  Agent/property manager thought maybe they would work out but not close at all.  Lessons learned.

I am sure there are properties with tenants that are fine at sale.  We didn't get that.

I am confused to why the original post is by Burte Lkhagvasuren, but the reply about what happened is by Timur Salikov.  

In any case - sorry to hear that happened, and agree that documenting completely and consulting with an attorney on something like this would be helpful.  Luck.

https://www.cbsnews.com/minnes...

News story after this Wednesday's vote:

"The St. Paul City Council moved forward with a plan that adjusts the 3 percent rent cap approved by voters last fall... The carve out to the rent control ordinance authorizes landlords to increase rents by 8 percent plus the rate of inflation if a tenant moves out. ...  There will be a public hearing next week followed by the formal vote by the city council on the changes..."

"The St. Paul ordinance still has the 20-year exemption from rent regulations for new construction.  ... It also details what constitutes a "just cause vacancy" which would allow a landlord to raise rents by the recently approved cap of no more than 8 percent plus the rate of inflation. Those terms include if there's plans for renovation, the tenant repeatedly doesn't pay rent or he or she chooses not to renew a lease. ... In a statement to WCCO, St. Paul Mayor Melvin Carter said he plans to sign the ordinance as it's currently drafted..."

@Chris F what would you consider to be included in "full service"?

In case helpful - the below are a couple of pages that I saw with fees posted. 
 

**NOTE**  I have NEVER worked with these companies, and I AM NOT RECOMMENDING OR DISSUADING from their services.  I don't know anything about them - just saw some prices posted so thought they may be worth considering for bench marking.
https://rentalmanagementguys.c...
https://www.rpmviking.com/prop...

I am very  interested in what you find out - please share when you have such.

Also check local laws, it can be that after a certain number of days, guests are no longer guests but turning into tenants under law, with the rights of tenants. Something to be aware of if you go down this road.