All Forum Posts by: Peter Sik

"So far tenant liability:-Full house clean-Painting-Floor repair-Repairs-Clean-up and dispose of debris on exterior" What actually this can be mean in real life???

@Nathan Gesner  thanks so much for taking much time for writing this reply.

Yes, really took them to take full month to get only one quote. That's why I am losing confident of them.

1. Yup, the security deposit is not able to cover the 2 months of unpaid rent, not to mention other repairs.  But my PM still saying the $3900 painting is tenant responsible, and today still keep asking me if they should go forward for this painting. And there was no other quotation sent me still. And I told them my friend there is helping to get other painting quote for comparison. It is no point of saying "tenant responsible", as tenant didn't pay the rent, they will not pay for any repair....

2. The PM told me the reason why they didn't do eviction was because I would need to spend $600 which was not worth it. 

I didn't check my rental income every month, Now lesson learned, I usually check all rental payments every 3-4 months.

3. According to what they emailed me yes. They said they approved application while there is nothing repaired in this property.  I need to confirm what exactly they mean. If they really found a new tenant then that is very terrible.

PM still not yet issue the security deposit disposition, after all the things are done. It is time to consider new PM. 

Thank so much for your guild line of choosing a PM. I hope can find one that really doing the job right.

Tenant did not pay last 2 months of rent before end of lease moved out. As expected, the property have many areas damaged. 

After they moved out 30 days, PM sent me a painting quotation. Wow, it took 30 days to send me first quotation. There should be other quotation like floor repair, plumping, exterior..... Within that 30 days, I asked PM to get things ready asap, and PM said we have 60 days to issue the disposition of security deposit. This is the first thing i don't feel good, if anything go wrong there will be no time to make change. Like quotation price too high, no time to find another flooring guy's estimation to put on disposition of security deposit.
And the painting quotation I received, it only have one amount. It should separate into two, one for tenant damage and one for owner wearing. I asked about it then PM replied it will comes into 2 bills (still not telling me 2  amounts). I mean PM should told this in first place and showed me 2 seperate amounts.

I recevied PM email today:

" yes this will be done separately. But don't worry, the security deposit from the tenant is on hold to apply to the tenant damages and unpaid rents. We will apply to the damages 1st before applying to unpaid rents. But for now we need to get your approval of the bid and payment to get started. You send the amount through your owner portal under the Contribution tab.Also, good news, we have a prospect who has applied for the property. This is great! So we need to get the work completed as soon as possible.
So far tenant liability:-Full house clean-Painting-Floor repair-Repairs-Clean-up and dispose of debris on exterior"

Why do PM is not telling the whole truth? I believe the tenant is not willing/able to pay for anything. They still missing 2 months of rent at least and the security depoit is far away to cover all. But PM sounded like it is tenant liability, yes true but the key is who is paying at the end. At my point of view, I need to cut lost and try to find a contractor at good deal. The painting quotation is like $3900 (PM said Great Deal).

So now I am asking my friend there to help me to find contractor for quotations to speed up all things.