Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Wesley W.

Wesley W. has started 112 posts and replied 1909 times.

Post: Mistake talking to previous landlord

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

This is why I never, ever begin calling references before I have a non-refundable holding fee from the prospective tenant.  (The hold agreement includes my right of rescission prior to lease signing.)

Ethically, I'm not sure I agree with the process of soliciting someone else's prospective tenant, for whom they have called me for a reference.

Post: In what order do you implement your tenant screening?

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398
Originally posted by @Michele Fischer:

My point system is not 1 through 5 nor is it pass/fail.  It is -10 points if seems fussy, - 20 points for smoker, + 20 points for only 3 addresses in past 10 years, etc.  I'm happy to send it to anyone who send me a BP message with their e-mail address.

 Michele recently sent me her point system.  It's a great template to use for people looking to have documentation to rank prospective applicants.  Thanks for sharing, Michele!

Post: Cohoes NY Numbers Help

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

Garbage is $235/yr. for 2-4 family properties.  $200 per bedroom is a rough guideline as to what you'll pay for Water/sewer annually.  YMMV.

Post: Recurring late rent payments

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

I'm curious as to how you market your apartments at the higher rate, given the "discount" for paying on time I'm assuming is actually closer to market.

Post: how do you discourage tag-along boyfriend occupants

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

@Kelsey Breedlove  Wish I were in OK (anyplace else besides NY, CA or MA for that matter)...

Post: how do you discourage tag-along boyfriend occupants

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

The problem with that @Kelsey Breedlove and @John Weidner is that if your tenant of record vacates, you could be stuck with a personvliving there whom you don't even know their legal name (much less anything else), whom you don't have a legal contract with, but HAS FULL TENANT RIGHTS.  (At least here in NY they do.)

Have fun trying to properly serve someone living in your building whom you don't have any information on. 

Post: Property management company NY Capital region area (Alb Troy Sch)

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

I believe the date is correct.  It's usually the third Monday of each month.

The venue is as stated.

Post: Removing one tenant in a 2-person household

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

@Ronan M.  Sadly, she went to the police first, and they told her there was nothing they could do until he was charged with something.  They told her to try Family Court (whatever that means).  Apparently, the only thing he's done is shoved her (and I guess that was not enough for the police), but she says it is quickly escalating and there has been a lot of verbal abuse.  Apparently, he has a drinking problem that has recently manifested itself.

@Account Closed As I stated in above in this same reply, the police don't appear to be any help, since they're not satisfied, apparently, that it's risen to the threshold of their involvement.  She went to them for a restraining order, and they basically told her to pound salt.

I'm wondering if he leaves voluntarily, would having him sign a "return of possession" document be enough?

Post: Removing one tenant in a 2-person household

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

Hello folks!

Today I have an issue I need to leverage the collective wisdom on the BP forums for.

I have a terrific tenant (single woman) who recently asked for her boyfriend to move in.  So, I had him fill out an application, had them both sign a new lease (M2M), and voila!

Well, here we are a few months later, and I get a frantic text from her.  Suffice it to say, the guy has become physically abusive and she wants him out.  I haven't had time to dig in to the situation yet with her, so I'm not sure at this point that HE knows she wants him out.  So, here are my questions...

Scenario #1:  Boyfriend agrees to leave.  In this situation, can I just have them both sign a release saying he is no longer occupying the unit and he is absolved of any future financial responsibility associated with its upkeep, he waives any claim to tenancy, and she is the sole tenant with sole responsibility moving forward?  If this is acceptable, does anyone have a copy of such a document they would be willing to share?

Scenario #2:  Boyfriend refuses to leave.  Is there an easier way of me extricating him from this contract (and tenancy) without me sending a 30-day notice of termination to both tenants?  Could I send a notice of termination just to him?  Is there another option?

I'm trying to learn a lesson from this experience, but I am not sure how I could have done this any differently to avoid the current situation.

I've been putting the "move-in significant others" on a new M2M lease with my original tenant.  My logic is it holds them both financially responsible in case there is damage or a non-payment issue in the future with either or both.

I thought of just adding an addendum to the lease for the SO as an "authorized occupant" that I could terminate with a shorter notice, but I am not sure that would fly here in tenant-friendly NY.  I believe that any occupant is considered a tenant and is afforded all the rights and privileges thereof.

If I refuse to add the SO, then the likely scenario would be that I would (a) have an unauthorized occupant that I could not hold to the articles of the lease since they are not a party to it, or (b) the couple would move to a new place where they could both be on the lease (where, presumably, the next landlord would encounter my current situation).

My questions are twofold:

How do I resolve the current situation (and keep my original tenant) with as little hassle as possible?

Is there something I could do differently moving forward that could avoid this sort of thing next time?

Thanks in advance!

Post: Medical Marijuana in rental units

Wesley W.#1 General Landlording & Rental Properties ContributorPosted
  • Rental Property Investor
  • The Vampire State
  • Posts 1,946
  • Votes 2,398

So, this hasn't happened to me yet, but I am curious.

With the advent of the passage of laws in various states allowing for the medicinal use of marijuana, I'm wondering how this interfaces with landlords and their leases.

For example, we have both a "drug-free" clause in the lease, and a "no smoking indoors" provision.

Let's say a tenant claims to need medical marijuana.  Is there some health care law that precludes me from enforcing the lease provisions? (ala the various threads here regarding "emotional support" animals)

Are they going to claim a HIPAA violation if I ask them for proof?

Again, just looking down the 'pike and am curious if anyone has any experience or insight on how this might play out.