All Forum Posts by: Tracie Van
Tracie Van has started 15 posts and replied 52 times.
Post: No lease on commercial property Virginia

- Posts 52
- Votes 10
I have a bit of an update. They called the landlord and said they would pay the amount owed for June, and now he is letting them stay till the end of the month. So they are complying. At this point they are so stressed out over it they are just going to write off and move on.
Post: No lease on commercial property Virginia

- Posts 52
- Votes 10
@Kathy Henley that is basically what I was thinking but not being familiar with the laws in Virginia I wanted to ask in case there is any possibility that they would at least get their security deposit back. I just took over a bunch of storage units in WI and many do not have leases. Its a nightmare when this happens.
Post: No lease on commercial property Virginia

- Posts 52
- Votes 10
Hopefully this is the right place to ask.
Brother in law has been renting a garage for past 8 years with no lease. First mistake. Owner died about 4 months ago. Kids step in and they are not renewing lease. That is fine. They need to be out end of June. BIL paid cash for first month's rent and last month's rent. No receipt given. BIL assumed he did not have to pay for June since he "paid last month's rent" with original owner. Another mistake. Now the kids sent him a notice that he is past due for June.
I do residential in WI so I have no idea what if any rights they might have.
Thanks on advance for any help or guidance.
Post: Denying Applicant - reasons

- Posts 52
- Votes 10
@Scott Hawks - That is what I am hoping for. After all this grief with someone who is/was not even approved, I can't imagine it would get any better. Oh, he also called my other half and complained that I had not gotten the apartment cleaned yet. I'm like seriously? Thank you for the advice!
Post: Denying Applicant - reasons

- Posts 52
- Votes 10
I am going to deny a rental applicant based on them not checking the agreement box about falsifying information on the application, and giving permission to contact employers, landlords etc.
Additionally, they did not provide proof of income as outlined in the applicant criteria provided.
I want to know if I should even mention that his behavior while inquiring and applying was rude and showed dishonesty. The unit was just vacated and not listed, and this applicant contacted me. I told them I had a unit coming up, but we needed to do work in it and get it ready. He/she texted and called nearly everyday, numerous times asking all kinds of questions and when it would be ready. I told them they needed to fill out an application first and I mailed one.
I was contacted again and he said he was going to be in the area and wanted to look at it. I told him that I had two DR appointments that day, and could not show it.
That evening I get a text from him saying he saw the apartment and its great! When will it be ready. I see a VM from him; he said he went to the apartment and the painter was there so he went inside to look. I was furious.
Next text, when is it ready? I said I just received your application and need to process it. The unit still needs to be cleaned, carpets cleaned etc. He said that's okay I have friend who can clean it and I'll just vacuum and it will be fine. Extremely pushy, and not even approved yet. But I could already see I had reasons to deny him as listed above.
Do I even mention that he violated our trust by letting himself into the unit when I told him I could not show it, or just use the incomplete application and no proof of income and be done with it?
Thanks in advance
Post: Tenant allowed Convicted sex offender to reside in apartment

- Posts 52
- Votes 10
We got lucky I guess. We did give 30 days notice. They are gone. So glad we did that. Good luck!
Post: Quickbooks Help - desktop for MAC

- Posts 52
- Votes 10
@Dan V. - Thank you fr the reply, and sorry I am so late responding. I do/did have undeposited items selected. Even when I go back and view the payments, it shows this as being selected. It is just so weird. I obviously did something wrong when I deleted it as I've never had this happen. But, sounds like I have no choice but to delete all the payments ( Like 20 of them, ugh) and re do it all.
Post: Is it wrong to convince tenants to do house maintenance?

- Posts 52
- Votes 10
We have several tenants who offer to fix certain things, but I never try to convince them to fix things.
I just got a text the other day from a guy saying the toilet handle broke and then says is it okay if he gets a new one and replaces it? I will usually say, are you sure? We are happy to come replace it for you. But he wanted to do it, so I sad sure, just keep the receipt so we can reimburse you. Now something like the furnace? No. Resetting a circuit breaker for the water pump? We had one guy that knew where it was and would do that for us because it was better then waiting for us to drive 40+ minutes to do it. So for me it just depends on what the issue is and which tenant is okay with making a quick repair. In that case, we always reimburse for time and material, or give an extra gift at Christmas with a note thanking them.
Post: Quickbooks Help - desktop for MAC

- Posts 52
- Votes 10
Not sure if this is the right place to post this question.
I use invoices for my tenants, and use the 'undeposited funds' option.
I had an error in my deposit, so I deleted it. Normally the payments/deposits go back into the undeposited section, but they did not. They are showing in my accounts receivable list as a payment, whereas my other deposits show as a paid invoice.
The deposit in question does not show up in my register.
I'm thinking I need to delete all the payments in that deposit and start over?
Image shows how the accounts payable screen looks. First two are not showing in my register and are part of the deposit that had an error so I deleted them. The bottom two are correct and in my register. (They are separate deposits made on the same day.)

Post: Carpet Ruined by cat - SD questions

- Posts 52
- Votes 10
Thank you everyone.
@Nathan Gesner - I thought it was based on depreciation which was 5 years. But yes, I feel like sending him a bill for the carpet is bad karma. He likely needs every bit of money he can use for his care at this point.
I am going to itemize our expenses to prep for the new carpet and clean and go with that. Note; it's only a 1BR so it's not that bad; $1,500. I think that if his circumstances were different I would act accordingly. The plus side is, it looks like I have it rented already.