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All Forum Posts by: Sam Leon

Sam Leon has started 324 posts and replied 1431 times.

Post: Insurance Internal Inspection should be worried?

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

Insurance might be looking for liability concerns.  I am not sure they look for code violations (mine didn't).  Obvious needed repairs like broken windows, beeping smoke alarms, water leaks they would want addressed.

They are also looking for signs of pets to make sure there is no animal on their aggressive breeds list.  They usually want vaccination records, bite history and other documentation of pets.

They are also looking at trampolines, tiki torches, fire pits, BBQ grills under a tree on the outside.

They also look at plumbing, electrical and framing.  For example if they see polybutylene pipes they will note it then you will get a letter telling you water damaged is now excluded from your policy.  If there is no access to the attic and you are in a hurricane zone they will lower their coverage because they can't verify the spacing and type of hurricane straps, if any.

They also take tons of pictures of your place for references.  If you have a clause three years from now, and your conditions are different from the pictures they took, they can refuse your claim because you didn't inform them of your improvements, many companies now require you to notify them of work bring done if you fail to do so they can refuse your claim.

Post: Inheriting tenants - No Lease/No Estoppel - Walk away?

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

You can get it from the tenants and have the seller sign it as part of the purchase contingency.

I had one deal where a tenant paying significant under market rent because he was a relative of the seller and was the property manager of the building.  I made the seller pay the difference between market rent and his rent for the balance of the lease as a credit to me for the sale.  It can be negotiated.

Post: Tenant letting friends to stay or park

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462
Originally posted by @Wesley W.:

You could go through your lease and cite your interpretations of the violations and send a notice to cure.

You could take a less direct approach and meet with the tenants (or send them a letter if logistically impractical) and explain to them what you are observing, and that your intention when you rented to them was X and you are clearly seeing Y.  See if they are open to providing additional security deposit funds as a gesture of good faith, since the property is clearly getting more use.

As a take away, you now know never to rent to pilots again, and/or change your lease in a way to prevent a crash pad (perhaps use that very term in your lease and define it).  That way you only make this mistake once.

Also change your lease to prohibit vehicles left at the property not registered to signed lessees on the property and post a sign (and in lease) that they will be towed, and collect vehicle data at lease signing.

I will have a conversation with them just need to consider all my options before I can articulate what it is I am objecting to when technically no rules have been broken.

I do have vehicle data, it's part of the application and I have a clause in my lease which states one vehicle parking allocation per bedroom.  So a 3/2 has 3 vehicles.  But that rule is designed to avoid someone other than the tenants parking there all the time (such as a BF or GF) not a different vehicle every few days.  On the other hand I cannot prohibit any other vehicle to park there, they may have a dinner party and invite friends, and they need to park and that's perfectly fine.

Post: Tenant letting friends to stay or park

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462
Originally posted by @Account Closed:
Originally posted by @Sam Leon:
Originally posted by @Account Closed:

What you have is a pilot crash pad.  People will stack and sublet to other pilots going thru town for a few hundred a month for a place to stay coming in and out of their “base” station.  

     Saves them money but if the landlord isn’t aware of it or know how to handle it the pilots/flight attendants get super cheap housing and you get a majorly worn out home when they move out.  

I have never been in this situation before.

It's possible they are letting buddies stay for free, I don't know.  It's not like they are advertising on Airbnb or vrbo.  So the standard overstaying guest rule or the no sublet no short term rental rules don't apply here.

I am scratching my head on this.  A pilot crash pad?  Oh boy...kind of like a truck stop but higher end LOL.

 Haha, no think couch surfing.  If your tenants are all pilots they most likely just advertise it within their circle of pilot friends.  You could talk to them and if that’s what their doing readjust their leases and get everyone on it. More then likely they aren’t all going to be there at the same time and do occupancy rates don’t apply.  

     As far as what a crash pad is it’s really a home away from home.  Your place is in Fort Lauderdale.  So they work out of that airport to start their week of work.  But their family (and them) actually live in say Knoxville Tennessee.  They fly into work the afternoon before their shift starts and crash at their crash pad for the night then go and fly their rotation (a day to 10 days depending). They get back to home base and maybe crash another night before catching a flight back to home in Knoxville. 

    Hope that makes sense.  Replace Knoxville with any town not local and that’s possibly what you’ve got on your hands.  

These pilots actually live in Fort Lauderdale.  They are single.  There are times they are gone a week or two in a row, but their schedules do not overlap.  So usually one of them is here and the other two travelling.  There are times all of them are out.

I selected them because I thought it will be less wear and tear if they are gone half the time, and easier to schedule repairs and improvements.  Lesson learned.

Post: Tenant letting friends to stay or park

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462
Originally posted by @Account Closed:

What you have is a pilot crash pad.  People will stack and sublet to other pilots going thru town for a few hundred a month for a place to stay coming in and out of their “base” station.  

     Saves them money but if the landlord isn’t aware of it or know how to handle it the pilots/flight attendants get super cheap housing and you get a majorly worn out home when they move out.  

I have never been in this situation before.

It's possible they are letting buddies stay for free, I don't know.  It's not like they are advertising on Airbnb or vrbo.  So the standard overstaying guest rule or the no sublet no short term rental rules don't apply here.

I am scratching my head on this.  A pilot crash pad?  Oh boy...kind of like a truck stop but higher end LOL.

Post: Tenant letting friends to stay or park

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462
Originally posted by @Dante Feria:

I would increase the rent or don’t renew . 

They are 4 months in on a one year lease.  So those are not options.

Post: Tenant letting friends to stay or park

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

BUMP!

Post: Constant Landlord Issues

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

What everyone said, review the lease and see if there is a clause on appliance maintenance.

In my leases in Florida there is a specific section where there is a long list of items where there is a check next to each whether it's the landlord or tenant who is responsible for it's maintenance.  In most cases it's the landlords, but there are items where the landlord and tenant may discuss and designate who wants to do it such as smoke alarm batteries, light bulbs, pest control, refrigerator water dispenser filters etc etc etc...

Usually, if the landlord provided the appliance, the landlord is responsible for it's maintenance.  But this is not always the case.  I provide garbage disposer and icemaker in the kitchen, but my leases specifically say if those break I reserve the right to remove and not replace them.

Post: Someone hit garage door; tenant claims no knowledge; now what?

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

Not sure you can really charge them without any evidence of them causing the damages.

Seems like a gray area to me.

If it's a hole on an interior wall then it's reasonable to assume the tenant (or their guests) is the cause of the damages.

If it's on the exterior it could well be a neighbor, or someone who's lost or drunk and doing a U-turned and back into the door,  I don't see how you can hold them responsible simply because it happens during their stay.  Same with a broken window...did they break the window, or a kid walking home during school decides to throw a rock towards the window, or may be your own lawn maintenance crew riding a mower could potentially kicked a piece of pebble towards the window.  Are you going to hold the tenant responsible if it gets windy and a tree branch came down and poked a hole through the roof?

I would try my best to figure out who's responsible.  Any paint, smudges, or scratches on their vehicles matching the door and the height of the damages.  Any neighbors who might have security cam facing your property that may have video recordings you can review.  I would file a police report for property damages - someone did a hit and run right.  Having a police report and having the cops interview them may change their story...you never know.  Plus the police report may be necessary for any insurance claims anyways.

Post: AC leaked, caused flooring damage. Security Deposit?

Sam LeonPosted
  • Investor
  • Fort Lauderdale, FL
  • Posts 1,451
  • Votes 462

If damages were not caused by her, damages caused by failure of your equipment which you are responsible.  Can't deduct any of it from her security deposit.