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All Forum Posts by: Richard Vang

Richard Vang has started 12 posts and replied 111 times.

Post: tenant complain about rent increase

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

Thanks everyone for the sharing. 

They are ok tenants. They like to complain. But, luckily just verbal rant. They haven't done anything like late rent or withholding rent as an act of pissed. So, overall still pretty ok tenants.

Because turning over the current place might need another $3K-$5K... that's why I prefer to keep the current tenants. Plus, it might need me at least 2-3 weeks of time/effort to turn over.

Post: tenant complain about rent increase

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

The first year, I advertise the rent $100 below market rent so that I can fill the place up quick. Indeed, the SFR was filled within a few days.

So, after the first year, the rent is about $125 below market rent, so, I raise the rent by $80. The tenants were pissed and wrote me a note to complain about the stupid rent. Anyway, they still signed the year lease. 

This year, the rent is about $150 below market rent. I only raised by $15, thinking that the tenant will thank me in tears. But, they still wrote me a note scold me for increasing it yearly. 

How do you handle the "tenant scolding" about rent increase??

Post: window screen

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

@Colleen F. Since screens are something more minor, I didn't know I have it on my inventory list too. Even when I took photos, I was aiming at the window, nothing to do with screen. 

I told the tenant that they are responsible for things that they lose/break. After that, I didn't hear a word from them. Screens are cheap, but 8-10 windows could easily add up. Even if I decide to fix it for the tenant, it become "I do them a favor" for things that they break.

It's good to learn that even minor thing like screen requirement differ in different cities. 

Post: Backed into a corner- Call tenant's bluff?

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

@Sarah Lewis I understand it's tough to get tenants during winter. but, this tenant is giving you 1 year advanced move out notice. I think they are trying to be responsible. 

Post: window screen

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

hi, all, 

thanks for the feedback. Last nite, after looking at the move-in photos and move-in inventory checklist, I found out that all the screens were there during move-in. 

Post: window screen

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

@Colleen F. good point. I just checked: 

Post: window screen

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

hi, 

my tenant request for installing window screens(bug screen). Is this considered upgrade? Do I have to pay for it? 

The tenant is ok tenant. 

There are about 8-10 windows.

Any thoughts or feedback are welcomed.

Thanks.

Post: Backed into a corner- Call tenant's bluff?

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

I will just let them sign the lease until next oct. You have 11 months to find the next tenant for oct 2015! And you save one turnover cost. Turnover cost normally about 1-2 months. 

Post: Rent to a coworker?

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

I kind of agree with @Marcia Maynard too in treating everyone the same, but, in her case, it's a little easier because she doesn't have to interact with her dentist everyday. When friendship turn sour, you can reduce the frequency of hanging out with each other. When co-worker turn sour, I think it's tough to still deal with each other everyday at work. 

Post: Rent to a coworker?

Richard VangPosted
  • Real Estate Investor
  • Carmichael, CA
  • Posts 111
  • Votes 16

agree with @Dawn Anastasi  on the eviction part.

also, if you screen her, then, unexpectedly found that she has huge amount of unpaid debt, then, you reject her... oops... can you handle that kind of strain relationship with a co-worker?

If the market rent go up crazy next year, do you have the guts to raise her rent?

Well, unless your company is very big, and she is in a department where you dont really have to interact with her at work, then, you can kind of consider.