Imagine getting a knock on the door at night, “police, open up!” It’s not your property and you rent from a local owner. You give the owner a call but he’s standing right behind the police. The owner is being fined because there has been a report of illegal [...]
Advice from a Landlady
Listen up first time home buyers or home owners- there’s a funny word I want to talk to you about. Escrow.
As Ice Cube states in one of his songs:
You punks is petty, still we steady, countin' fetti
I'm the one closin' escrow, with the best flow
Closing an escrow account can happen after the sale of a property. It is an account held by a [...]
Recently asks: I am a smoker and I’ve been turned down twice because I smoke even though I only smoke outside. Isn’t that discrimination?
Answer: In a word, no. It is not discrimination. Don’t get too fired up about not being able to find a place to rent because you’re a smoker. The Civil Rights Act of 1964 can’t help you on this one. This [...]
Question: MLloyd asked: I have what is considered an in-law apartment; I’d like to rent it out for some extra income. There is a coworker interested in this space but she only needs it for a few months so didn’t want to sign a year lease. Is it wise to agree to terms verbally since she is going to be there only a short [...]
The Importance of a Valid Contract
When you purchase a vehicle through a lending institution there’s a contract you have to sign before purchasing. When you buy a house, there’s definitely a contract. When you get professional renovations and remodeling done to a property, there’s a contract. So when you rent a property or have a tenant you [...]
QUESTION: NWhipple asked, Should I put the utilities in my name or should they remain in the landlords name and why.
Thanks NWhipple this is a good question. Tenants should put electric and other utilities in their name whenever possible.
This prevents any future confusion...
Looking For or Renting Out?
“Sup dawg! WYD?”
“Dude, can you hook me up with a crash-pad?”
“I swear I’m fun/responsible/friendly/not-an-axe-murderer.”
These are all terrible ways to introduce yourself when looking for a property to rent. When you’re looking for a rental, or renting your place out, it’s really an interview process. Don’t show up smelling like a seedy bar that you were in the night before. Handshakes and eye contact are important. Put on some clean clothes, brush your hair and teeth and make sure to use your real first name and stay away from slang.