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All Forum Posts by: Quincy Amekuedi

Quincy Amekuedi has started 11 posts and replied 17 times.

Post: Licensed Roofing and Plumbing Referrals Needed

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

I'm looking for referrals for licensed roofers and plumbers in Cleveland, OH for current and upcoming projects. One current job I have is to do a plumbing inspection and a roofing inspection for a property we're looking to acquire where the lender is requiring some work to be completed prior to closing the loan.

BP Cleveland, who would you recommend?

Post: Seeking a Licensed and Bonded Electrician in Cleveland

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

I have a property that I need all the electrical reviewed and a quote needed to bring it to code/standards to pass a City of Cleveland inspection. The electric company removed the meter due to a previous tenant tampering with it so I will eventually need a permit pulled by someone licensed and bonded and inspection scheduled.

Anyone dealt with this before and have any electrician referrals or other tips for going through this process? Thanks.

Post: Seeking Clarification of Eviction Waste Guidelines - Tenant Belongings Still Present

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

I wanted to get some legal interpretation and given it's the weekend, I'm asking here in case my attorney doesn't respond until Monday.

From Cleveland's Eviction Waste Flyer: "After 5pm the day of the move out, the landlord must remove the items from the tree line, or be subject to a ticket from the City of Cleveland for excessive waste on the tree lawn..."

A bailiff set out was performed on a tenant at one of my properties on Wednesday. It's almost 72 hours later and most of their belongings are still on the tree lawn. I already gave two extra days for them to get their belongings at the risk of being fined. I'm ready to dispose of it to the dump, but the flyer doesn't say 'where' I can and can't take the items. I do not intend to pay for storage and I want to make sure I'm not liable or at risk of being sued if anything they deem valuable is trashed. They have not responded to our last messages to them and we can only assume they do not want or cannot afford to move these items.

Whether I haul it to the waste center or people come by and take what they want, am I now clear of any responsibilities for the tenant's property?

Thanks BP Community!

Post: Water/Sewer Submeter Install in Cleveland, OH

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

@James Wise - Thanks for responding. How does Holton-Wise determine what amount to add to the rent for water/sewer given all the variables for a unit (bathrooms, occupants, washer/dishwasher, etc.)?

Post: Cabinets and Countertops in Cleveland, OH

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

I'm looking for a few recommendations for replacing some kitchen cabinets and countertops that should last at least ten years. Any specific referrals where I can buy at wholesale prices in the next week? Have a few different projects going on so could be a small order or a large one.

Post: Water/Sewer Submeter Install in Cleveland, OH

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

With RUBs not being permitted in Cleveland, who would you recommend for selling and/or installing submeters for water/sewer in several duplexes?

Post: Evaluating/Handling a 5 Year Rental Agreement in Ohio

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10
Quote from @Alex Rehman:

You cannot ask the tenant to increase the rent as agreement clause 17 states that for the entire agreement, all clauses shall remain the same. However, you can evict/terminate the agreement and then enter into a new agreement with the increased amount of rent.

Long story short, you cannot increase rent by having this agreement, but you have the right to terminate the agreement.


 Hi Alex - Thank you. I'm sending you a DM now.

Post: Evaluating/Handling a 5 Year Rental Agreement in Ohio

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10
Quote from @Ricardo R.:

@Quincy Amekuedi I'm not a lawyer but the provisions you attached below are quite standard across multiple types of leases. Yes you can do both, you can terminate the current Lease and/or increase the rent if you give the proper minimum 30 day written notice. Written notice should be delivered to Tenant via USPS (or as otherwise outlined in the lease) and you should retain a 'proof of mailing' for your records --- ALSO check with your county (or your lawyer) to see if they have a standard 30 day notice (month-to-month) form they use.  

Now the provisions you have included above SEC.15 & SEC.17 only allow you to terminate the Lease but you can increase the rent via the Sections indirectly via another lease agreement or modification to the current agreement. For example: Sec.15 only allows you to terminate lease with 30 day notice --- Sec.17 allows you to make changes to the lease BUT ONLY if the tenant agrees to it in writing. 

So to raise the rent, you can do it a few ways. Method 1: You would execute via Sec.15 by giving a 30 day written notice to terminate lease and then draft and send the tenant a new lease agreement reflecting the new rent. If tenant agrees and signs new lease, then you have new rent; if tenant declines the tenant is required to move out. 

Method 2: You would execute via Sec.17 first by giving Tenant notice that such and such sections (rent section) are to be updated to reflect $X,XXX in increased monthly rent. Just like method 1 above, tenant has to agree and sign for this to take effect; if tenant declines then tenant can continue with current lease agreement UNTIL you execute Sec.15 and give them notice to move out. In this method, the tenant can continue to rent until you tell them to move out if they decline the modification.

I sent you a DM on BP; I hope this helps.

 Thank you Ricardo for your thorough reply. I do hope it turns out the way you described as that would be the most ideal situation. Getting additional guidance soon.

Post: Evaluating/Handling a 5 Year Rental Agreement in Ohio

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is selling. The rental agreement is under-market rent for the area by ~$400/month and my strategy would be to implement a rental increase or end the current agreement with the proper 30+ day notice. Getting this right is crucial to making this deal work. To the Ohio Attorneys, how do you interpret the attached two line items in the current agreement and whether I can with at least 30 days notice, increase the rent or end the agreement? The phrase "from either party" in line 15 seems to conflict with "written agreement of both parties" in line 17. Thanks.

Post: Evaluating/Handling a 5 Year Rental Agreement in Ohio

Quincy Amekuedi
Posted
  • Posts 17
  • Votes 10

As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is selling. The rental agreement is under-market rent for the area by ~$400/month and my strategy would be to implement a rental increase or end the current agreement with the proper 30+ day notice. Getting this right is crucial to making this deal more appealing. How do you interpret the attached two line items in the current agreement and whether I can with at least 30 days notice, increase the rent or end the agreement? 

Yes, I do have this question out to my real-estate attorney to review, but sharing here in case there are others who are curious OR have experience handling multi-year rental agreements.