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re: Rental property and death of a tenant

Posted on 3/12/15 at 10:37 am to
Posted by Tortious
ATX
Member since Nov 2010
5732 posts
Posted on 3/12/15 at 10:37 am to
I thought it was fucjed too but I was doing the right thing since my mom's stuff was still there.
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 10:38 am to
quote:

Well would you want to move into a place where someone died and they just used some soap and water and Lysol to clean up?


in certain circumstances I see no problem with that
Posted by Tortious
ATX
Member since Nov 2010
5732 posts
Posted on 3/12/15 at 10:39 am to
The landlord also mentioned it affecting my mom's credit as well. Its amazing how stupid some people are
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74877 posts
Posted on 3/12/15 at 10:40 am to
The person's estate would have rights to fully enjoy the lease, I would suppose unless the lease specifically addressed death of the lessor.

Obviously there are subtleties but that would be my first thought. The lessor's estate has personal property in the leased space and they have a right to its continued safe storage, etc.
Posted by weadjust
Member since Aug 2012
15751 posts
Posted on 3/12/15 at 10:41 am to


You may be obligated to store said shite for a reasonable amount of time.
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 10:43 am to
quote:

The person's estate would have rights to fully enjoy the lease, I would suppose

depends on the lease, mine is pretty specific about who can live there, length of stay of guests, pets, etc., I'm a decent guy and I would entertain any requests and maybe rewrite the lease, I take each scenario at face value
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 3/12/15 at 10:44 am to
quote:

depends on the lease, mine is pretty specific about who can live there, length of stay of guests, pets, etc., I'm a decent guy and I would entertain any requests and maybe rewrite the lease, I take each scenario at face value

Thankfully I've never had this happen with a tenant. I would assume the lease is over at that point since the person that signed the lease is no longer there. I would probably just deduct whatever cost it took me to clean the place and return them the rest of the deposit.
This post was edited on 3/12/15 at 10:46 am
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74877 posts
Posted on 3/12/15 at 10:53 am to
quote:

re: Rental property and death of a tenant(Posted on 3/12/15 at 10:43 am to soccerfüt) I would suppose depends on the lease, mine is pretty specific about who can live there, length of stay of guests, pets, etc., I'm a decent guy and I would entertain any requests and maybe rewrite the lease, I take each scenario at face value
This scenario is one more log on the fire as to why I don't have rental property.

Too many poor's problems become the PMA/ owner's problems.

There are good tenants out there I know but I'm not gambling on getting them. I'll develop and sell property but frick keeping it and putting up with this kind of shiite.

My best friend has a decent rental portfolio and begs me to buy in with him on something as a test.

Nope, nope, nope, nope....

This post was edited on 3/12/15 at 10:55 am
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 10:57 am to
quote:

There are good tenants out there I know but I'm not gambling on getting them. I'll develop and sell property but frick keeping it and putting up with this kind of shiite.


you definitely have to develop a mindset for it because there's always something coming up unexpectedly, I have a property manager to buffer most of the small stuff but she's a realtor, which means I have to keep tabs on her and chew on some arse every now and then to make sure she's doing what she's paid to do
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 3/12/15 at 10:57 am to
listen to this..I have these 2 college girls that have been living month to month since last July. I didnt renew the lease when it ran out. So a couple of weeks ago I told them I wanted them to sign a new year lease and I was increasing the rent $50 a month. I figured that was fair for 2 college girls on a budget and since I could actually be getting almost $200 more.

Dumb asses sent me a text yesterday saying they were moving out because they found another apt. So instead of just signing the lease, paying an extra $600 a year, they are going to spend that plus more moving out and into another place.

I've already have people lined up to look at the place and I'm actually asking $150 more....im not worried because I know i'll get it....im just pissed because now I have to have it cleaned and painted for the new tenant.
Posted by boosiebadazz
Member since Feb 2008
85668 posts
Posted on 3/12/15 at 10:58 am to
I'd return the deposit after the next of kin move the stuff out and clean the unit.
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 3/12/15 at 11:02 am to
quote:

listen to this..I have these 2 college girls that have been living month to month since last July. I didnt renew the lease when it ran out. So a couple of weeks ago I told them I wanted them to sign a new year lease and I was increasing the rent $50 a month. I figured that was fair for 2 college girls on a budget and since I could actually be getting almost $200 more. Dumb asses sent me a text yesterday saying they were moving out because they found another apt. So instead of just signing the lease, paying an extra $600 a year, they are going to spend that plus more moving out and into another place.



Yeah I would have just paid the extra $50 and been done with it. We didn't get a single penny back when we moved out
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 11:03 am to
quote:

I've already have people lined up to look at the place and I'm actually asking $150 more....im not worried because I know i'll get it....im just pissed because now I have to have it cleaned and painted for the new tenant.


I've found that turn over is a pretty good thing where my rental is, the market is strong but if I have a real good tenant that wants to renew I usually take it easy on them and don't bump up the rent to what the market would bring, I've had two tenants in a row break the lease early because of job relocations and the rent for the unit jumped up about $300, and the new tenants were glad to get it at that price
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74877 posts
Posted on 3/12/15 at 11:04 am to
quote:

Yeah I would have just paid the extra $50 and been done with it. We didn't get a single penny back when we moved out
You should have rented from 777,

Some considerations could have been made....

This post was edited on 3/12/15 at 11:06 am
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 3/12/15 at 11:04 am to
quote:

Yeah I would have just paid the extra $50 and been done with it. We didn't get a single penny back when we moved out



Well, little do they know, they probably wont either.

They're nasty little girls and they have a cat that I let them keep there without a pet deposit. Knowing them like I know them, they're going to leave the place a mess and not clean a fricking thing. They paid a $1250 deposit and I'm planning on keeping at least half if not more.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 3/12/15 at 11:06 am to
quote:

I've found that turn over is a pretty good thing where my rental is, the market is strong but if I have a real good tenant that wants to renew I usually take it easy on them and don't bump up the rent to what the market would bring, I've had two tenants in a row break the lease early because of job relocations and the rent for the unit jumped up about $300, and the new tenants were glad to get it at that price



yeah, my heart isn't broken that they are moving out. They have been good tenants as far as not bothering me about everything little thing, but it's time for them to either put up more money or get out. I know im going to have to get in there and do some work...plus the rental market is so strong in New Orleans right now..I feel like im leaving too much money on the table.
Posted by baybeefeetz
Member since Sep 2009
32839 posts
Posted on 3/12/15 at 11:10 am to
quote:

essentially terminates the lease early


This is the first time I've lol'd here in a long time.
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 11:18 am to
quote:

They're nasty little girls and they have a cat that I let them keep there without a pet deposit.

if they brought a cat in in violation of the lease they might have to forfeit the deposit, depends on the lease of course, I'd charge a premium for everything you do to get that property back up to rentable shape, including your personal time, I've gone to a pet fee instead of a pet deposit, $250 non refundable, and when the next tenant moves in I'm going to a pet fee and monthly rent($30/mo.) for the pet, which is becoming common enough that people expect it
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20151 posts
Posted on 3/12/15 at 11:21 am to
While I respect the purpose of a deposit, it pisses me off that many landlords now consider this money theirs no matter how clean the rental is left.

This leads to people saying frick It I am not going to clean because I won't get my money back anyway. Vicious circle.
Posted by 777Tiger
Member since Mar 2011
92264 posts
Posted on 3/12/15 at 11:26 am to
quote:

While I respect the purpose of a deposit, it pisses me off that many landlords now consider this money theirs no matter how clean the rental is left.


I have only returned less than 100% of the deposit once in over 30 years of having rental property, but I know there a lot of pricks out there, it's kind of a double edged sword for both parties if they get into a pissing match, the tenant can stop paying rent and bolt, or the landlord can be a dick and try to keep the deposit without grounds, in either case both parties are likely to say "so sue me," but in reality it's not worth hiring a lawyer over because the fees would likely be more than the money involved

ETA: I can see where deposits on rental property involving college students, might never be returned in full, if at all, I don't think we ever expected to get any back
This post was edited on 3/12/15 at 11:29 am
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