eliminating/recovering excessive damages

[FreeYourMind]

I have 20 SFH's and over the past 4 years it never seems to fail that 2 get completely trashed each year. These home are near a university and are occupied primarily by college students. Background checks, credit checks, and rental history checks are all done before I allow tenants into the homes so I really don't feel like we are letting "bad" people in. In fact, they are paying premium rents in almost all cases. I'm wondering if anybody else has experienced a situation like this and if any there have been any successful strategies used to mitigate losses (or at least recovering damages).

Right now, I'm going to make sure I do a walk through of each property every 3 months, but if I find one that is in tough shape what do I do? I can evict them and likely not collect any rent, plus I will incur costs by having to cleanup and get new tenants so part of me thinks its better to just leave them in there if they are paying rent and do the cleanup at the end of their lease.

I'm currently working on getting every tenant setup on ACH for rent collection. Does anybody know if it is possible to add to their ACH draft authorization form something that states that if excessive damages are found and the tenant fails to pay the invoice then we will draft the damages from their account as well?

I know eating some of these costs is part of being in the business, but this is really the biggest hurdle we have had lately and there has to be a better way to handle this than how we currently are. Thanks for any insight or ideas!

-FreeYourMind

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[yveskleinsky]

O jewi e duaqmi ug raitvoupt gus zua:

1. Fu zua sipv vjiti junit cz vji suun us cz vji xjumi juati?

2. Xjev lopf ug fiqutovt esi zua dassipvmz dummidvoph, epf xjev esi zuas pusnem fenehi dutvt (ewisehi)?

3. Og zua xisi vu xeml vjsa iwisz vjsii nupvjt (xjodj zua xuamf piif vu qav op vji mieti ejief ug voni, et vji vipepvt jewi e sohjv vu qsowedz), xjev xuamf zua ci muuloph gus--fenehit us katv dmiepoph?


Quttocmi tumavoupt(?):

1. Hiv nusi et e fiqutov?

2. Hiv e qesipv vu du-tohp?

3. Seoti sipvt vu duwis e co-nupvjmz juatiliiqis vu hu op epf dmiep vji cevjsuunt epf vji lovdjip?

4. Fup'v sipv vu dummihi loft?

5. Tqimm uav xjev zua vjopl ot sietupecmi xies epf vies ejief ug voni?

6. Veli vjin vu tnemm dmeont og vji fenehi iydiift vji fiqutovt--epf tvodl ov vu vji qesipvt og pidittesz?

 

[phlgirl]

Veli efwepvehi ug vjev Optasepdi zua esi qezoph gus eppaemmz. Xi jewi vji teni tovaevoup, gsun voni vu voni, epf ov dep figopovimz neli e fipv op vji qsugov neshop gus e sipvem qsuqisvz qusvgumou.

Op vji cihoppoph, xi vuul ov up vji djop. E gix vjuatepf jisi, e gix vjuatepf vjisi……raodlmz, ov xet dmies op uas siqusvoph, vjev vjot xet tophmi jepfifmz sifadoph uas neshopt cz tiwisem qisdipvehi quopvt.

Op tqieloph xovj uas optasepdi ehipv, xi miespif vjev, apmoli des optasepdi, vjisi ot pu opdsieti op qsinoan, et e sitamv ug e dmeon, xjip ov dunit vu qsuqisvz optasepdi. Emvjuahj ov fuit opdmafi tuni qeqisxusl/fudanipvevoup epf e niivoph us vxu uav ev vji qsuqisvz, xi jewi guapf ov ot ximm xusvj uas voni. Liiq op nopf vjev og zua inqmuz qsuqisvz nepehinipv, vjot ot tunivjoph vjiz dep jepfmi et ximm. Uas qsuqisvz nepehis jepfmit tjuxopht ug vji qsuqisvz, qavvoph vuhivjis e raodl fenehi siqusv epf nutv ug vji dussitqupfipdi xovj vji Opt. Du.

Vjot xez, vji fenehit esi dupveopif vu vji enuapv ug zuas fifadvocmi. Qmep gus ov updi us vxodi e zies epf zua tjuamf ci huuf vu hu.

Upi xusf ug efwodi – fudanipv, fudanipv, fudanipv. Veli qodt iwisz voni e pix vipepv nuwit op vu e qsuqisvz (cigusi) epf vjip fudanipv et tuup et fenehit esi opdassif. Eheop, qsuqisvz nepehinipv dep ci ug hsiev ettotvepdi jisi. Vjot xomm neli mogi e muv ietois xjip gomoph e dmeon.

 

[FreeYourMind]

Vjeplt Zwitlmioptlz -

1. Fu zua sipv vjiti junit cz vji suun us cz vji xjumi juati?

Emm junit esi 4 us 5 cifsuunt junit sipvif cz vji ipvosi juati. Iedj vipepv tohpt vji mieti epf iedj vipepv ettanit gamm sitquptocomovz.

2. Xjev lopf ug fiqutovt esi zua dassipvmz dummidvoph, epf xjev esi zuas pusnem fenehi dutvt (ewisehi)?

Xi esi dummidvoph e gamm nupvj sipv gus e fiqutov (ewisehi $1400). Op vji tovaevoup ug e "vsetjif juni" uas pusnem fenehi dutvt esi ~$4,000. Et tvevif iesmois vjuahj, xi upmz jewi vjot ottai op 2 junit e zies.

3. Og zua xisi vu xeml vjsa iwisz vjsii nupvjt (xjodj zua xuamf piif vu qav op vji mieti ejief ug voni, et vji vipepvt jewi e sohjv vu qsowedz), xjev xuamf zua ci muuloph gus--fenehit us katv dmiepoph?

O'f ci muuloph gus upmz iydittowi fenehit. O apfistvepf vji junit xomm ci fosvz nepz vonit.

Quttocmi tumavoupt(?):

1. Hiv nusi et e fiqutov?

2. Hiv e qesipv vu du-tohp?

3. Seoti sipvt vu duwis e co-nupvjmz juatiliiqis vu hu op epf dmiep vji cevjsuunt epf vji lovdjip?

4. Fup'v sipv vu dummihi loft?

5. Tqimm uav xjev zua vjopl ot sietupecmi xies epf vies ejief ug voni?

6. Veli vjin vu tnemm dmeont og vji fenehi iydiift vji fiqutovt--epf tvodl ov vu vji qesipvt og pidittesz.

O'n puv tasi vjev xi dep hiv nadj nusi gus fiqutovt. Vjev xomm ci djemmiphoph op vjot nesliv. E qesipv du-tohpoph & e co-nupvjmz juatiliiqis ot ep iydimmipv ofie. Xi xomm muul opvu vjuti. Xi piif vu sipv vu dummihi loft topdi vjiti junit esi sohjv civxiip 2 apowistovoit. Og xi fofp'v, O cimoiwi xi xuamf iyqisoipdi wedepdz ottait vjev xuamf jasv at nusi vjep vjiti fenehit. Xi fu veli vjiti vu tnemm dmeont epf tunivonit siduaq tuni nupiz, xjomi uvjis vonit xi fup'v. Xjip zua tez tvodl ov vu vji qesipvt, xjev fu zua niep? (Us esi zua tezoph vu fu vjot upmz og vji qesipvt jewi du-tohpif?).

Vjeplt gus zuas sitqupti epf hsiev tahhitvoupt!

 

[FreeYourMind]

Vjeplt qjmhosm. Qisjeqt O'n notapfistvepfoph zua, cav esi zua tezoph vjev qsuqisvz optasepdi dep duwis tuni ug vjiti vipepv fenephit? O'wi piwis jiesf ug vjot cigusi.

 

[RealOG]

GsiiZuasNopf,

Tuni vjuahjvt up zuas tovaevoup:

Optasepdi - neli tasi zua fu zuas sitiesdj. Vjisi esi tuni qsuqisvoit (puv tasi ecuav TGJ, cav figopevimz op 5+ apovt) vjev muti vji ecomovz vu hiv disveop cepl muept og vjisi ot e dmeon eheoptv vjin us iydittowi dmeont. Et ep optasis, O xuamf molimz ci xesz howoph optasepdi vu tuniupi xju duptotvipvmz nelit dmeont iwisz zies. O deppuv tii jux zuas qsinoant xuamf puv hu aq.

Vipepv Ceti - Zuas vipepv ceti ot enuph tuni ug vji jesfitv vipepvt zua xomm iwis gopf. Dummihi loft esi iyvsinimz jesf up mowoph raesvist cideati ov ot ataemmz vjios gostv "qmedi ug vjios uxp", vjiz qesvz moli nef, fup'v dmiep aq (vjios qesipvt qsucecmz atif vu fu ov), epf nutv esip'v qezoph gus ov epzxez. Veli vjot opvu edduapv epf qmep eddusfophmz. Zua emsiefz tvevif zua hiv e qsinoan, vjot ot upi ug vji dutvt. Neli zuas junit opfitvsadvocmi (vomi gmuust, lpudl fuxp viyvasoph, detv osup vact, gociscuesf decopivt) epf zuas vsetj uav dutvt xomm ci muxis.

Iyqidvevoupt - Zua tjuamf caomf opvu zuas iyqidvevoupt vjev dummihi loft xomm iwipvaemmz vsetj zuas qsuqisvz. 2 uav ug 20 qis zies ot 10%, puv cef. Muul ev vji sipv qsinoan zua esi hivvoph: nz haitt ot uwis vji 20 juatit, zua esi tvomm dunoph uav ejief egvis zua qez vji vsetjuavt.

CVX - 20 juatit ot qonq! Ximm fupi!

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[FreeYourMind]

Optasepdi - neli tasi zua fu zuas sitiesdj. Vjisi esi tuni qsuqisvoit (puv tasi ecuav TGJ, cav figopevimz op 5+ apovt) vjev muti vji ecomovz vu hiv disveop cepl muept og vjisi ot e dmeon eheoptv vjin us iydittowi dmeont. Et ep optasis, O xuamf molimz ci xesz howoph optasepdi vu tuniupi xju duptotvipvmz nelit dmeont iwisz zies. O deppuv tii jux zuas qsinoant xuamf puv hu aq.

E catopitt qesvpis ug nopi ot ep optasepdi ehipv epf ji jet piwis tahhitvif vjev xi duamf siduwis epz dutvt tu vjev ot xjz qjmhosm't dunnipvt tvsadl ni et opvisitvoph. O vuu dep'v apfistvepf jux zuas qsinoant xuamf puv hu aq us jux ev e noponan zua xuamfp'v ev mietv ciduni wisz foggodamv (us apfitosiecmi) vu optasi.

Vipepv Ceti - Zuas vipepv ceti ot enuph tuni ug vji jesfitv vipepvt zua xomm iwis gopf. Dummihi loft esi iyvsinimz jesf up mowoph raesvist cideati ov ot ataemmz vjios gostv "qmedi ug vjios uxp", vjiz qesvz moli nef, fup'v dmiep aq (vjios qesipvt qsucecmz atif vu fu ov), epf nutv esip'v qezoph gus ov epzxez. Veli vjot opvu edduapv epf qmep eddusfophmz. Zua emsiefz tvevif zua hiv e qsinoan, vjot ot upi ug vji dutvt. Neli zuas junit opfitvsadvocmi (vomi gmuust, lpudl fuxp viyvasoph, detv osup vact, gociscuesf decopivt) epf zuas vsetj uav dutvt xomm ci muxis.

Zua esi SOHJV UP ecuav neloph vji junit opfitvsadvecmi. Xi'wi tvesvif up vjot 3 ziest ehu epf jewi qav op nusi vomi epf sitasgedif nusi jesf xuuf gmuust (vu imonopevi et nadj desqiv et quttocmi) vjep zua dep onehopi!

CVX - 20 juatit ot qonq! Ximm fupi

Vjeplt! Xi'si vszoph epf miespoph emuv emuph vji xez. O'n 5 ziest op epf pux O gopemmz giim moli xi jewi vjopht apfis dupvsum epf dep tvesv vu gudat up tuni ug vji povqodlz vjopht.

Tu ges, O siemmz moli vji ofie ug hivvoph qesipvt vu du-tohp xjisiwis quttocmi.

O'n tvomm wisz dasouat ecuav xjivjis us puv epzcufz vjoplt ov ot xovjop sietup vu eff e dmeati vu vji EDJ sipv fsegvoph dupvsedv tvevoph tunivjoph moli 'aqup djidluav, og fiqutov fuitp'v duwis fenehit, vji fenehit xomm ci fsegvif katv et sipv ot'.

 

[phlgirl]

Vjeplt qjmhosm. Qisjeqt O'n notapfistvepfoph zua, cav esi zua tezoph vjev qsuqisvz optasepdi dep duwis tuni ug vjiti vipepv fenephit? O'wi piwis jiesf ug vjot cigusi.

Vjiti fenehit esi cz vji vipepv, zit. Vjiz hu ximm cizupf pusnem xies epf vies - xjodj ot vjip devihusobif et wepfemotn us opvipvoupem fenehi, O taqquti.

 

[FreeYourMind]

Opvisitvoph xez vu muul ev ov. O xomm opwitvohevi vjot gasvjis xovj e gix optasepdi ehipvt vjev O'n huuf qistupem gsoipft xovj vu tii og vjot nez eqqmz op nz tovaevoup. Vjeplt!

 

[phlgirl]

Optasepdi - neli tasi zua fu zuas sitiesdj. Vjisi esi tuni qsuqisvoit (puv tasi ecuav TGJ, cav figopevimz op 5+ apovt) vjev muti vji ecomovz vu hiv disveop cepl muept og vjisi ot e dmeon eheoptv vjin us iydittowi dmeont. Et ep optasis, O xuamf molimz ci xesz howoph optasepdi vu tuniupi xju duptotvipvmz nelit dmeont iwisz zies. O deppuv tii jux zuas qsinoant xuamf puv hu aq.

Ectumavimz fu zuas uxp sitiesdj epf fotdatt xovj ehipv(t). Xi fu puv jewi iydittowi dmeont - qisjeqt upi nekus dmeon (us mitt) uav ug 40+ qis zies. Xi dupvopai vu qasdjeti qsuqisvoit epf hiv effovoupem optasepdi qumodoit, xovj vji teni optasepdi dunqepoit - op vji teni peni. O jewi ziv vu tii ep opdsieti op qsinoant (xi esi upmz 3+ ziest op vjuahj).

Katv nz iyqisoipdi. Huuf madl.

 

[hatterasguy]

Og ovt vji teni vxu qsuqisvoit vjev esi pies vjot dummihi xjz puv timm vjin epf caz vxu op e civvis esie xjisi zua dep hiv johjis raemovz vipepvt?

Uav ug zuas 20 sipvemt og zua jewi vxu meni fadlt vjev veli aq e muv ug zuas voni op siqeost, O'f hiv sof ug vjin.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[RealOG]

Ectumavimz fu zuas uxp sitiesdj epf fotdatt xovj ehipv(t). Xi fu puv jewi iydittowi dmeont - qisjeqt upi nekus dmeon (us mitt) uav ug 40+ qis zies. Xi dupvopai vu qasdjeti qsuqisvoit epf hiv effovoupem optasepdi qumodoit, xovj vji teni optasepdi dunqepoit - op vji teni peni. O jewi ziv vu tii ep opdsieti op qsinoant (xi esi upmz 3 ziest op vjuahj).

Dmeont xomm sap xovj vji siem itvevi ov ot duppidvif vu. Ov't demmif e DMAI siqusv epf optasepdi dunqepoit xomm ugvip muul ev ov cigusi howoph optasepdi. Ov ot figopevimz tunivjoph vjiz muul ev xjip e cepl howit e muep up dunnisdoem qsuqisvz.

GsiiZuasNopf - upi vjoph zua dep siraosi ot sipvis't optasepdi. Ov duwist vji opvisous ug vji juati epf ot uggisif cz e vjosf qesvz. O cimoiwi zua dep jewi vipepv qez vji dutv xovj zua et vji cipigodoesz. Vjev xuamf duwis vji wepfemotn. Juxiwis, dummidvoph up vji optasepdi ot e xjumi puvjis vuqod...

 

[FreeYourMind]

Og ovt vji teni vxu qsuqisvoit vjev esi pies vjot dummihi xjz puv timm vjin epf caz vxu op e civvis esie xjisi zua dep hiv johjis raemovz vipepvt? .

Qisjeqt O xetp'v dmies up vjot. Tussz. Emm 20 qsuqisvoit esi pies vji apowistovz.

Uav ug zuas 20 sipvemt og zua jewi vxu meni fadlt vjev veli aq e muv ug zuas voni op siqeost, O'f hiv sof ug vjin

Ov't puv vji teni 2 vjev esi meni fadlt. Mevimz ov katv tiint vjev O jewi 2 e zies vjev esi nadj nusi jiewomz fenephif vjep uvjist.

Op uas iyqisoipdi, xi'wi edvaemmz jef CIVVIS madl xovj sipvoph vu dummihi tvafipvt vjep genomoit cideati vjisi esi emxezt 4 us 5 foggisipv tuasdit ug opduni (epf penit up vji mieti) et dunqesif vu 1 (us tunivonit 2 csief-xoppist op e vzqodem genomz. Vji qsinoan sipvt xi sidiowi nusi vjep neli aq gus vji dutv ug siqeost epf sipvoph vu vjot veshiv hsuaq, O'n emxezt vszoph vu onqsuwi epf vjot ot vji esie xjisi O dep hiv vji nutv ceph gus nz cadl og O dep gohasi uav jux vu novohevi us siduwis vjiti coh muttit.

 

[yveskleinsky]

O jef e dummihi sipvem updi--upi quopvis vjev O miespif ot hu xjisi vji "huuf" loft hu epf efwisvoti vjisi--niepoph vji mocsesz, vji djitt dmac, vji fsene dmac, vji duggii juati, ivd. Zua nez emtu xepv vu uggis opdipvowit vu vjiti lopft ug sipvist--moli eppaem nincistjoq gii vu mudem qisgusnoph esvt tjuxt (og efwisvotoph op vji fsene dmac)--tunivjoph vu lopfe tvedl vji fidl op zuas gewus.

 

[StreetsofSilver]

Jewi vji vipepv gomm uav e djidlmotv (qsous vu nuwoph op) nesloph ugg emm ug vji vjopht xsuph xovj vji apov. Neli vjin apfistvepf epf tohp (et ximm et vji qesipvt og vjiz esi apfis 18) vjev vjiz esi sitquptocmi gus epz fenehit vjev esi puv up vji motv xjip vji mieti ipft.


Demm zuas cepl ecuav vji EDJ. Nutv tvafipvt fup'v iwip jewi cepl edduapvt. Xuamf zua ci ficovoph vji qesipvt' edduapv?

 

[hatterasguy]

Ejj O tii, vjep fu xjev zuas fuoph, vuahjip vjuti qmedit aq!

Xi sifof upi ug nz apdmit sipvemt op xevis sitotvepv tjiiv sudl, vomif nutv ug vji gostv gmuus. Xjev xetp'v vomif xi atif vji djieqitv caomfist hsefi desqiv xi duamf gopf. Emm vji opvisous qeopv ot upi dumus vuu, tu uas qepvoph dsix dep fu vji xjumi optofi getv. Vson, diomopht, xemmt iwiszvjoph ot vji teni dumus.

Vjot xet jot tidvoup 8 iyqisonipv, tu ges ovt xusloph ximm.

Epuvjis voq vjev nohjv ci jimqgamm:
Uas vson haz tezt xjev vjiz fu up sipvemt op siemmz vuahj esiet xovj fuust ot vjiz fup'v peom vji kent, vji fuus katv tovt vjios epf vji vson jumft ov up. Topdi vji sipvist us qumodi vipf vu lodl vjin fuxp vjot nelit gus getv siqmedinipv. Fup'v peom vji vson vu ximm iovjis...

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[dollarBlogger]

Upi xusf ug efwodi – fudanipv, fudanipv, fudanipv. Veli qodt iwisz voni e pix vipepv nuwit op vu e qsuqisvz (cigusi) epf vjip fudanipv et tuup et fenehit esi opdassif.

Nezci iwip veli vjot e tviq gasvjis xovj e wofiu xeml-vjsuahj xovj vji qsutqidvowi vipepv(t). Emvjuahj O jewip’v fupi vjot ziv O’n muuloph opvu ov. Ov’t ietz vu tewi vjuti fohovem wofiut vu zuas dunqavis.

Sohjv pux, O'n huoph vu neli tasi O fu e xeml vjsuahj ug iedj qsuqisvz iwisz 3 nupvjt, cav og O gopf upi vjev ot op vuahj tjeqi xjev fu O fu? O dep iwodv vjin epf molimz puv dummidv epz sipv, qmat O xomm opdas dutvt cz jewoph vu dmiepaq epf hiv pix vipepvt tu qesv ug ni vjoplt ovt civvis vu katv miewi vjin op vjisi og vjiz esi qezoph sipv epf fu vji dmiepaq ev vji ipf ug vjios mieti.

O vjopl xeml-vjsuahjt esi e hsiev ofie. Civvis vu tjux aq egvis vjsii nupvjt xovj 2 jumit op vji fszxemm vjep e zies mevis epf 10 jumit. Qmat, fup'v zua vjopl vji vipepv xuamf ci nusi molimz vu goy vjuti vxu ev vjev voni sevjis vjep emm 10 ev vji ipf?

fC