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4 April 2015 | 14 replies
With me being a renter, I definitely see both sides of the coin in respect to whether or not to increase rents or keep them the same; especially if you are currently under market value.As a renter, if my rent increased every other year about $25 or so dollars, I'd be fine with it; however, if my rent increased every year arbitrarily because they "can," then I might be more apt to look for another apartment, even if the new apartment was a comparable price.
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5 December 2019 | 119 replies
Let's see here....1) A few weeks prior to tenant move-out I send them a cleaning checklist as well as the two pages they signed listing damage and cleaning fees2) I use the same paint colors in all my properties.3) My Clean Magic Erasers are amazing and will remove wall scuffs and random stains. 4) When buying larger items I utilize the Lowe's 10% off trick (spending .99 on eBay to buy a Lowe's 10% off digital coupon and using the code online or in store - this hack has literally saved me thousands).5) At my multi-family properties I include various items near my coin-op washer and dryer: a laundry table for folding, a roll of paper towels and a bottle of cleaner so the machines can be wiped off; I also include some laundry-related items such as stain remover, starch spray, etc (I buy it from Dollar Tree and it lasts a while - I think the tenants appreciate the gesture). 6) At the Dollar Tree they have a toilet cleaning gel product called Lime-A-Way.
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31 January 2020 | 30 replies
Put in coin operated machines.
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10 August 2016 | 15 replies
I have some tenants who believe the 5 day grace period before late fee is added is a rule and that they should postpone up to the day before the late fee almost every month and mowing is not their top priority, but I guess if that is the worst I get, I'll be happy.I hadn't really considered M2M leasing agreements for ease of removing "non-performing tenants" (did I just coin a new phrase??)
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11 January 2020 | 10 replies
On the other side of the coin, you can provide a much-needed service, just like any other business - that is not a charity.
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27 June 2018 | 89 replies
I am half French and half Irish and you can flip a coin to decide which genes gave me the hot temper I have.What I had to learn was to avoid at all costs, responding or making a decision when someone gets in my face - whether that's in person or not.So, just to address your issues with temper and this tenant, these are some things that work for me:1) Avoid any face-to-face contact with an argumentative tenant, as much as possible.2) Never answer their calls.
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23 May 2016 | 20 replies
One thing that the people that try and negotiate and the coined term "Professional Tennants" look for is the mom and pop or private renter.
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27 June 2016 | 11 replies
I had the opportunity recently of being on the other side of the coin, as a parent and guarantor of a college student seeking a rental.
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27 June 2016 | 27 replies
They should have no issue with this since they admitted to using it.Moving forward, look into adding a washer and dryer hookup in each unit, if possible, or add coin operated machines in the basement.
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12 May 2018 | 3 replies
Just tired of coins jamming and having to go collect them.