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All Forum Posts by: Ned J.

Ned J. has started 12 posts and replied 1916 times.

Post: Raise one rent, raise all of them to prevent false claims of discrimination?

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Not at all.... the rent is based on the market rate, so if the units are all different...size/location/lay out/age etc etc... they would have different markets rates. Then you are making that decision based on the data for the area and that unit..... not on who lives there already

Post: Necessary to include photos of the exterior of the property?

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

As a customer I would 100% want to see the outside. Don't need a ton of pictures but I want to get a decent idea of the location and condition.

So basically you dont want your customer to know it look dumpy until they show up.....

I can understand the safety from people looking for vacant houses.... then anyone selling a house better take all of their outside pictures off their listing

Post: what to do when a couple splits up and one stays in the property?

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

EXACTLY what Corby just stated..... their personal problems are not YOUR problem. The contract is that the full rent will be paid and they are both on the lease. I dont care who pays it or how... if its not paid in full, they get evicted. They can work out that payment situation..... who is paying what/when/how... not my problem

The deposit is on the property, not the individual.... its stays with the property- if the "move out person" wants their portion now, they can get it from the "stay person" and the "stay" will get the full amount at move out. Not my problem. 

Post: Satanic Rituals In This House!

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Dont see anything to suggest some satanic cult... just crappy tenants and a unit that needs a big rehab

Post: Raising rent again only a month after?

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Personally I would chalk this up to making a mistake not raising it more the first time...eat the mistake and maybe raise it again in 6-12 months. Cost of doing business and making a mistake...learning experience.

Be careful with what you consider "market rate".... I see a lot of LL compare their old unit that hasn't been remodeled in 15 years and has delayed maintenance to some newer units.... they create a vacancy but jumping to what they see as market and that vacancy and remodel costs them tons of $$ that takes YEARS to catch up on with that jump to market. You have to balance the cost of being below market with turnover costs. Yearly increases of 5-10% (based on the local market) vs big jumps when you fell way behind, keeps you on pace but helps keep turnover down 

Post: No shower for 3 days due to necessary repair

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

At most I would give them a gift certificate to go out to dinner on me..... thats it. Its a necessary repair...inconvenient but necessary. 

3 days to do a shower that has water damage in not excessive at all...dont be shocked if its more once them demo and find more damage

Post: Mold Issue and Tenant Says Mold in Lungs as per Doctor report

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Lawyer, have the air and unit inspected and IMMEDIATELY offer to let the tenant out of the lease with no penalty.... if its unsafe, then you are welcome to let them out to insure their safety.

Its BS.... 99% sure the doctor ploy is BS and none of the medical records will support his claim

Post: How to best protect myself renting to a non qualified tenant with qualified roommate

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Stop trying to talk yourself into accepting a tenant.... if you have to do that, its the wrong tenant. 

When screening your job is to decide why you should declined them...... and this guys has LOTS of those.

PASS

Post: Water damage occurred inside home during roof replacement.

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

Nothing good comes from waiting to repair wet drywall- especially if its on a wall that is holding up cabinets

Post: Tenant have security camera facing other unit

Ned J.
Pro Member
Posted
  • Investor
  • Manteca, CA
  • Posts 1,941
  • Votes 2,147

I agree with Nathan..... there should be a compromise to make both happy.

But legally the camera is pointing towards his vehicle, in his parking assigned space and if its also viewing a common public area, there is no invasion of privacy... its a common shared access area. I doubt it would hold up legally.

The cameras on the front of my house cover my driveway and you can see the front of several of my neighbors houses and front doors and driveways in the background. No one cares....I can stand in my driveway and see all the same stuff.