Originally posted by @Account Closed:
Originally posted by @Scott K.:
The lease names them both -- John and Jane Doe ("Tenant"), and they both signed the lease as Tenant.
When they signed the lease, they gave me a cashiers check from the credit union, but it does not name them on the cashiers check.
My inclination is to write it just like the lease names the Tenant, "Payable to: John and Jane Doe" and let them figure it out.
I've e-mailed my attorney (asking him all these questions is getting ridiculously expensive), but was wondering what other landlords have done in this situation.
Your inclination is correct. Both names for them, ot the court to figger out. Why you having o much drama in Hawaii?
Thanks Bob.
I don't know why I'm having so many problems with renting out property in Kona. I've had a condo and a house in Kona, and when I've rented them out with long-term leases to the local population, I've had to terminate EVERY lease agreement early with every tenant. Most stopped paying rent. Some were trouble-makers and were destroying my property. Some just abandoned the property. We're talking rent of $1300 for my condo and $3,000 for my house. I've had probably a dozen different tenants, and had to terminate the lease with EVERY single one of them. Most of the time, the property would get trashed and I'd have to do major renovations -- pulling out cabinets, re-tiling, replace carpet, drywall, etc. This last tenant cost me an estimated $6,000 in damage to my ceiling and floors because they let the water run in the kitchen sink or something and it flooded the floor and ripped out the ceiling below and molded the carpet.
The police have been dealing with my tenants on a 2-3 times a week basis -- no exaggeration, I have the surveillance video. Lot of fist fights in the driveway, kicking each other's cars, cousins and friends getting into fights with them, and at one time I think they were boarding a fugitive because about a dozen cops swarmed on the house (I was watching my surveillance cameras in horror) and grabbed some guy that was running from them and hauled him away in handcuffs.
My neighbors think my tenants are drug dealers. I wouldn't put it past them.
And of course the HOA sends me violation notices and my tenants ignore the notices. I've watched them on the surveillance camera rip down the notices taped to the front door and crumple it in a ball and toss aside, never reading the notice.
Speaking of the surveillance cameras (all outside), I've also seen their drunk friends bash and smash 2 of the cameras.
I've been pressing for them to get out without an eviction, they just signed a Quit & Vacate agreement for July 31, but by the looks of things, I don't think they're planning on going anywhere and I'll probably have to evict through the court system.
But come this January, my rental headaches in Hawaii will hopefully come to an end as I've sold my house, my last Hawaii property, and we're going to close in January.
I will never, never, never own a long-term rental property in Hawaii ever again. It has never worked for me. Ever. The only time it ever worked was as 1-3 month vacation rental to mainlanders (Canadians are the best!)
By contrast, for the same 8-year period I rented out my condo in Virginia and had excellent renters who all stayed for the term of their leases and several renewed. I never had to terminate a lease early in Virginia or withhold any security deposit funds. They were all awesome renters.
To answer your question "why all the drama"? I dunno. It's a whole different demographic of people and values I guess. When I lived in Kailua Kona for 8 years, there was definitely a lot more riff-raff and low-class behavior than I had ever been exposed to. I did credit checks and called references, but even when it all sounded good, I got horrible tenants.
For anyone else thinking of owning and renting out property in Kailua Kona (Big Island), I would only recommend doing it as a vacation rental. Otherwise, don't ever do a long-term lease, just month-to-month so you can kick out the riff-raff with 45 days notice. And get a property manager who has the demeanor of a rabid bulldog and pay the 10% fee. I'm too much of a nice guy and naively expect people to behave responsibly.