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All Forum Posts by: Steve DellaPelle

Steve DellaPelle has started 49 posts and replied 457 times.

Post: Lease End & Lease Start Window

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Jason Curtis You will want to schedule your leases accordingly. When we receive notice that a tenant is non renewing, we will make the apartment available for at least a week after the move out date. The new tenant will pay a pro rated amount for the amount of days they are occupying the apartment.

Post: Early Lease Termination

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Kyle Mendez Unfortunately, the early termination is mostly up to the Property Manager and if they are willing to allow it. Some will allow the early termination with no charge if it is a very urgent matter such as a death or terminal illness to one of the leaseholders. A relocation due to family emergencies will probably not fall in this category unfortunately.

As far as your security deposit goes...technically it should be used for damages but if there are none upon move-out then yes they will likely use that to cover the early termination fee. If there are damages left after move-out and this exceeds the amount you left to cover everything then don't be surprised if they take legal action.

Best of luck!

Post: Ceiling hole temporary fix

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Adam F. Has the tenant mentioned anything? If they are okay with the temporary garbage bag then you probably can get away with it until you decide to patch it up for good.

Post: My old neighbors hate my tenants

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Xavier Garcia Unfortunately, yes, you would be responsible for handling resident complaints and working to resolve the issues at hand. My tenant took another tenant to court over a complaint similar to this and the judge said "Contact your landlord". If you cannot find a resolution and the tenants who are calling the police/fire dept. are not manageable then you should non-renew them.

Post: Am I required to do a move out walk through with tenant?

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Joe P. It is not required to walk through with the tenant unless stated in the lease and/or any other addendum signed. However, upon request, it is a respectable thing to do for both sides so there are no discrepancies later on.

Post: Do I need permits for cosmetic work? YES OR NO

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Charlie Moore Check your town/cities website, they are usually pretty detailed about what requires a permit and what does not. Cosmetics like painting, flooring, etc will not require it but any type of plumbing, electrical, kitchen remodel, drywall, etc will likely require a permit.

Post: Repair work and clean up after

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Adam Perez Typically, the contractor will take care of the mess but of course it can sometimes not be 100% as clean as before. If you are asking if you are responsible for your contractors then the answer is yes. Wait to see how it comes out and wait to see if the tenants complain about it. If it is a small mess then they may take care of it themselves or maybe they will not even notice. Only offer assistance once they bring it to your attention. If this does happen, you can offer a cleaner to go in, you can clean it yourself or you can offer a rental credit as mentioned before for the inconvenience.

Post: RENTAL PROPERTY INSPECTION REPORT

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Rena Barron The issues found will be very costly to repair...upwards of $15,000-$20,000 I imagine...just make sure the sale price is right when you factor in what work needs to be done. Of course it is a concern, but it all comes down to if the numbers work in the end. Best of luck!

Post: Repair work and clean up after

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

Hi @Adam Perez, I would not offer them anything unless they give you push back. You have a legal right to do repairs on your property whether there are tenants in the building or not. As long as it is habitable, there should be no issue and installing 2 windows should not take up much time. Just make sure you have a detailed schedule on when the work is being done and give the tenants advanced notice so they can plan around it. If they act very upset then maybe offer them a small credit to next month's rent. Best of luck!

Post: Increasing rent for rental properties

Steve DellaPellePosted
  • Rental Property Investor
  • Salem, NH
  • Posts 460
  • Votes 276

@Kim Stuart You can justify it however you would like, there are many reasons rent can increase! Improvements, increase in property tax, increase in the rental market, etc etc...whatever you feel is accurate.