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All Forum Posts by: Rema W.

Rema W. has started 8 posts and replied 20 times.

Quick Question? I have a tenant who has failed to pay their September rent. Their lease waives the 5-day notice to vacate requirement.  Technically, I can post and schedule an eviction date today. September Rent was due on the 1st. I've communicated that their month-to-month lease won't be renewed and they need to be out by the 13th of Oct. 

Question: Can I pursue the eviction and non-lease renewal paths at the same time?  See the options below. 

As I understand it, eviction assures that the property will be vacated on the court-ordered date (Oct. 1st) while waiting for the non-lease renewal deadline to occur presents a situation where I could be out of rent for two months (Sept and Oct), while having to wait until November to make ready.

FYI - I'm managing these remotely. 

Option 1) If I evict, it'll cost me court fees and agent/property mgmt. representation. (e.g. $250) For discussion, the eviction date could be scheduled for two weeks (e.g. The 1st of the month)

If I evict now, I'll be out of the $250, but I'll be assured that the property will be vacated on the 1st or shortly afterward.

Option 2)  I've sent him/communicated this week the notice of non-lease renewal, with a vacate before the 13th of the next month (Oct. 13th). To me this covers me in the event they pay September's rent. They still would have to move. 

If I don't evict and assume that he'll vacate on the 13th of the month following the "non-lease" renewal guidance, he May Not leave, and I'll have to file thus putting the eviction date sometime at the end of the month Oct. (31st). In this scenario, I could be out of 2 months rent.

I'm self-managing a property, as an out-of-town landlord. I have some relator "boots" on the ground that I can engage with on an ad-hoc basis if needed. 

But I'm wondering if I can handle this myself. 

I have a tenant whose fixed-term lease ended 8.31.2021. I'm not renewing.  I'm giving them 30 days as a courtesy.  Their last day is 10.13.2021. In Louisana, per law, I only have to give them 10 days notice to vacate. 

I've sent an email, called, and texted the same, letting them know the above.

Questions: 

Should I deliver a non-renewal lease letter? Does it need to be posted on their door? 

Can I mail it? If I mail it is it valid? 

What does a non-renewal lease letter do?

@Michealablan

Thats an interesting response on raising it without fixing it up. 

I my mind, if I paint, add ceiling fans, and put down some vinvy plank, I can get a better tenant and raise the rent a few hundred dollars. 

Why wouldn't do this? 

He was there when I bought the house. "Legacy" The lease just ended. I want to fix it up and get a better tenant in. He constantly pays, late etc. 

FYI... I checked the Louisana Landlord/Tenant law, and for a month-to-month lease, the landlord or tenant must provide 10-days’ notice of termination.  

This does seem short. 

I have a legacy tenant who just transitioned to a month-to-month lease. I'm ready to move on from this tenant, fix the place up, and improve the asset. 

What's the best way to go about this? Give them 30-day notice, etc? How does the Covid eviction moratorium impact this move? 

The state is Louisiana.

FYI they are late on the September rent. e.g. constantly late. 
 

What are your steps to vetting a new contractor? 

E.g - getting copies of the insurance and license? 

Anything else? 

@Nathan Good point about the lease. I didn't consider that they didn't need to sign a new one. 

That makes things easier for the transition. 

Insurance - I considered getting property management insurance. Do I need it? 

The plumber and other trades are licensed so I assume the liability would be covered. 

3)  security deposit - I'm hold the funds and track it and will return when applicable. 

4) evictions - I spoke with a realtor who've I worked with in the past. They'll represent me in those matters on an ad hoc basis 



Originally posted by @Drew Sygit:

Issues to consider:

1) Recommend NEVER to pick up rent! Bad strategy as waste of time and could lead to mugging.

2) Are the plumber, electrician and handyman properly insured to protect you if they get injured on your property or injure a tenant?

3) How are you complying with your state laws concerning security deposits?

4) Who will handle your evictions?

Hi, I have a few properties that I'm transiting from being managed by a property management company to being self-managed. 

I'm putting together a plan to self-manage. 

What are some of the things I need to consider? What do you think about the plan?

  • Have Them Sign New Leases - 
    • I need to have them sign new leases with me instead of the property mgmt company
  • Work out rent/payment details -
    • Online Pay - I plan to offer online rent pay options through Apartment.com's property management tool
    • In-person Drop Off / Mail-In option / Night Drop Box 
      • I have a local credit union with multiple branches. The tenants will be able to pay in person at the branch or use the night drop-off box. Or mail in a money order. 
      • The tenants will need to indicate my telephone number as the account and their address and the credit union will apply their rent to my account. 
    • In-Person Pick - I have an older tenant where we picked up the check from her house. I plan to continue this. I have a Father in law in town how'll drop by. 
    • Maintenance - I have an on-call plumber and electrician and a general maintenance man, who'll I call when needed.