I do a video of the properties as part of the rental contract, to document property condition. The video always includes the "new renters" walking through with me, so I have evidence of 1. Condition of property 2. Informed agreement by renters of condition.
Saves time in court later. Get in touch with your "inner Trump" ;)) I always do credit checks on renters.. part of them qualifying. Deposits need to cover "normal wear and tear + ++" .. ie.. I'll hold some of your money so you treat MY house with respect... if you do.. then you get it back" On Wed, Jul 20, 2016 at 12:45 PM, Kaleb C. Striplin via Mercedes < mercedes@okiebenz.com> wrote: > We have learned a lot for sure in our first venture into the rental game. > For example the late fee was only $25 after 5 days. This gave them NO > incentive to pay on time. Next time it will be at least $100 possibly > $200. We also did not do a good job of qualifying these people. > Supposedly they are self employed but in the future we are going to ask for > check stubs or bank statements for starters. The only positive is they > have not trashed the place (yet) except for the tile mentioned before. > > > > On 7/20/2016 2:42 PM, G Mann via Mercedes wrote: > >> I suggest a re-write of your rental contract with specific clauses that >> deal with late payments and eviction for cause. >> >> Since you write the contract, have it reviewed by a lawyer, but don't cut >> any slack to the renter for late payment, or damage to property. >> >> Presently have 42 rent properties. Live got a lot easier when I started >> being harsh up front. Also.. suggest you pre qualify your renters just >> like you were loaning them money at a bank.. which you are, by giving them >> unfettered access and use of YOUR property, for rent fees. Life will have >> less stress. >> >> >> >> On Wed, Jul 20, 2016 at 12:35 PM, Curt Raymond via Mercedes < >> mercedes@okiebenz.com> wrote: >> >> DOH! >>> >>> From: Kaleb C. Striplin via Mercedes <mercedes@okiebenz.com> >>> To: Mercedes Discussion List <mercedes@okiebenz.com> >>> Cc: Kaleb C. Striplin <ka...@striplin.net> >>> Sent: Wednesday, July 20, 2016 3:32 PM >>> Subject: Re: [MBZ] OT eviction >>> >>> Update, I guess the wife who is supposed to be an expert in these >>> matters did not read her entire contract very well. There is a >>> section in there about disputes must go thru a mediator first >>> which is binding but if resolution is not met then will proceed to >>> court. Crap. Not sure why we left that section in there as it is >>> not required in OK. So, the case was dismissed and sent to a >>> mediator. >>> >>> >>> On 7/20/2016 2:24 PM, Kaleb C. Striplin via Mercedes wrote: >>> >>>> I intentionally did not go to court so I could be at home >>>> researching on the computer if needed and send to wife in court. >>>> First of all, I discovered this woman who is getting divorced >>>> states here income on the court documents for that case is $1257 >>>> a month, and rent is $1500 a month so obviously she either lied >>>> to that court, or lied on her lease application with us and >>>> can't afford the house. We have text message records where she >>>> states she can't afford the house but her girlfriend talked her >>>> into it. The latest I heard is that her lawyer is trying to say >>>> we should have gone to mediation before filing eviction. I have >>>> never heard of this so I looked it up and there is no such >>>> requirement. This should be interesting to say the least. >>>> >>>> >>>> >>>> On 7/20/2016 2:11 PM, Dan Penoff via Mercedes wrote: >>>> >>>>> Too bad Kaleb’s not Jewish. They have issues with lightning >>>>> from time to time, I hear… >>>>> >>>>> I don’t know about Okieland, but in Florida the law favors the >>>>> tenant in almost every situation. We dealt with this when we >>>>> were trying to close a short sale on a house and the owner had >>>>> a month to month tenant. He gave her 30 days before the closing >>>>> date, she claimed she never got notice, then tried to extort >>>>> $5000 from us to move. We politely but firmly told the owner >>>>> to engage in an act of physicality that is nearly incapable of >>>>> most humans. He tried to boot her, then she lawyered up. >>>>> >>>>> As soon as his agent heard that, she released our earnest money. >>>>> >>>>> FWIW, the place went back on the market a month or so ago (it’s >>>>> been in foreclosure since 2010) and they’re using the same >>>>> crappy agent and the pictures from two years prior to when we >>>>> looked at it (2011)! >>>>> >>>>> Dan >>>>> >>>>> >>>>> On Jul 20, 2016, at 3:00 PM, Joel Cairo via Mercedes >>>>>> <mercedes@okiebenz.com> wrote: >>>>>> >>>>>> I know this guy out that way, Pedro El Fuego, you might want >>>>>> to talk to. Works fast and cheap. >>>>>> >>>>>> --JC >>>>>> >>>>>> >>>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >>> >>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >>> >>> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
