All Forum Posts by: Ned J.

I get what you are trying to do and protect, but this is a very slippery slope to get into....

In the veterinary field we see this all the time....upset clients going on social media and trying to destroy vets and clinics..... and a lot of the time post complete bullsh$t and inaccurate accounts of the situation. They straight up lie about what really happen and all the readers jump on the bandwagon and they set out to destroy a vet and the business. Happens A LOT... Vets can get on and try to post their account of the situation and it often doesnt end well- the mob attacks even harder. If you post a bunch of lies and meritless accusations that are an attack on me and my business, damn right I'm going to threaten you with a lawsuit. 

My point is.... be careful on who's "side" you try and defend... because there are ALWAYS 2 sides to the story and you wont get the full picture off some internet post. Its very easy to have posts get sucked into the mob mentality of attacking XYZ based on a biased accounting of the situation. I'm all for calling out con artists and scammers that steal people's money..... but investing is a risk and the accountability rarely falls all on one side of the fence. 

Follow the lease and the laws in your state and start the eviction process. Hire an eviction lawyer and do not directly contact the tenant. No back and forth, no negotiations, no discussions or debates. No emotions... no arguments.... this is the lease conditions, this is the eviction process for not following the lease terms... that's it.... no emotion. 

Enforcing a lease and following the law is not harassment. Its a scare tactic and she is trying to bully you into letting her get away with this BS.

You need to screen WAY better and/or hir e PM for future tenants. 

@Nathan Gesner... I don't see wanting to see the letter as overstepping my position as owner. Now telling you how to write the letter, wanting to alter the contents or how the situation is handled..... sure. Seeing it.... dont think that's asking too much. 

I'm not a PM... I'm a veterinarian. If clients want to see all my notes, lab tests, radiology reports..... no problem, Here you go.... start questioning my thought process, work up, interpretation of test results or overall approach to the case.... yeah.... you dont trust me, hit the road. I get that..... look at the paperwork?.... here you go....

Let me get this straight...... the LL found out the tenant was running an ArBNB without his knowledge in Feb 2022....and let that tenant stay until Sept  2023???? Are you insanely stupid?

Sorry but that LL is an idiot..... you either kick that person out in Feb 2022 or you religiously monitor that property for more illegal/unauthorized activity....because its going to happen. If you think that tenant is going to say "my bad....wont do it again" and you believe them, you are an idiot. 

"couldn't confront the tenant directly because he manages it remotely from Oregon"....... what a horrible cop out

The city could document the HUNDRED of night the unit was booked as a STR....and the LL made ZERO effort after the first issue to monitor to see if hit the STR market again?

Sorry but the LL royally screwed up and now is paying the piper for being a completely absent LL. The LL obviously never inspected the property and had ZERO clue about the status of the unit.... just collecting his check in Oregon and being oblivious. He had a HUGE red flag warning and just kept motoring on and now is acting shocked the tenant continued to screw him over

There is a big difference between LL that want to know what's going on vs ones that want to know what's going on and then try to do the PM's job or tell the PM how to do their job. I think some PM's feel that the more communication they offer the greater chance the LL is going to micromanage them doing their job..... and sometimes they are dead on right. 

I hire a PM to do their job.... but I personally want to know what's going on with my investment, so I need some form of communication from the PM. That may be an email or some portal that allows me to see notes about repairs or issue with the unit. Nothing involved or time consuming..... just some communication. I don't like surprises. 

And when that 8 months run out, how are the going to pay you? Do they qualify and check every box without the 8 months in advance?

Big red flag to me..... hard pass

What JD stated... 100%

You start the eviction process NOW..... they either get booted or follow the original lease and make payments on time from now on or the don't get renewed. I'm not changing the lease in order to try and work around them

Cancellation policy should be in place and stick to it. That's why you have one.

Unless its a natural disaster, there should be no deviation from your cancellation policy. 

If it wont go below 80...or even 75, there is something wrong. Could be lots of things.....anywhere from the AC itself to a very poorly insulated/sealed home

Credit score should be #3 or 4 down the list of the most important parts of the screening. It also depends on how bad their credit is and WHY.

Verified income, job stability, rental history....WAY WAY more important than credit score alone.