6 Not So Obvious Tips From Experienced Landlords

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  • čas přidán 29. 01. 2017
  • If you're a newbie investor there is no need to reinvent the wheel.
    Here are 6 tips to help minimize your mistakes and headaches when starting out as a newbie landlord!
    - biggerpockets.com

Komentáře • 1,7K

  • @b2d327
    @b2d327 Před 5 lety +601

    Here's a tip for landlords: have repairs done on time by a qualified professional instead of letting a family member that has no idea what they're doing on the cheap. You will pay more in the long run.

    • @Nepthu
      @Nepthu Před 5 lety +20

      Amen to that! Landlords are cheap when it comes to fixing appliances and don't always hire an actual plumber.

    • @bryanrogers6987
      @bryanrogers6987 Před 5 lety +20

      @blues brother Yeah but that's the exception rather than the rule. 9 times out of 10 the licensed pro will do a better job for less money in the long run than the landlord's cousin Billy Bob. He might do seemingly simple electrical work for half the price but that won't help you when the building burns down 3 years down the road and your insurance company denies the $300,000 claim.

    • @DeeDiamond2981
      @DeeDiamond2981 Před 5 lety

      Truth.

    • @mycelia_ow
      @mycelia_ow Před 5 lety +3

      @blues brother, he never said there was originally an electricap issue. The armchair electrician Billy would fuck everything uo somehow and creaat an electrical issue. Tbis happend to me but with plumbing that got so bad I had to leave.

    • @mysterybuyer3738
      @mysterybuyer3738 Před 5 lety +8

      None of my landlords ever fixed anything lol.

  • @chevonbayless798
    @chevonbayless798 Před 4 lety +79

    I have been an owner/landlord for 13 years. Biggest thing I have learned is it is 100% better to leave your property empty for as long as it takes to find a suitable tenant than to quickly fill the space with the wrong person. Learned from experience, you will get burned.

    • @leebeavers6912
      @leebeavers6912 Před 2 lety +1

      The truth! Only 4 years in and filling quickly always ended up with the rent not paid and repairs/cleanout costs

    • @johnson48931
      @johnson48931 Před 2 lety +1

      Very true.

    • @Thrivinglife3835
      @Thrivinglife3835 Před rokem +1

      Strongly agree. That’s the way, I do too.

    • @wxrface5192
      @wxrface5192 Před 10 měsíci +2

      I’m 17 and I’m trying to study and get as much info as possible so I can buy and rent out houses do you have any tips

    • @johnbehling1142
      @johnbehling1142 Před 9 měsíci

      Start with a duplex, triplex, or 4-plex. Buy as owner-occupied (lowest down payment option), live in one unit and rent the others out. Save up enough cash to move, and do the same thing again. FHA requires you live in it 2 years before moving. Do this 3-4 times, and you'll have a good cash flow in a short time. Good luck! @@wxrface5192

  • @goddessmelanisia
    @goddessmelanisia Před 7 lety +1750

    Number 1: Never rent to friends or family.

    • @hollyb6885
      @hollyb6885 Před 5 lety +130

      goddessmelanisia Never say never. We have friends and relatives in several of our rentals. They have been there over 10 years and have always paid rent on time and in full and they keep the properties nice.

    • @matthewzombies1458
      @matthewzombies1458 Před 5 lety +84

      Just depend on if they are trashy and dishonest and don’t commit to shit some people don’t realize they have a really bad family or friends

    • @playgroundprotagonis
      @playgroundprotagonis Před 5 lety +37

      i think it should be more, don't give friends or family special treatment during the screening process, ie, screen them like you would any other potential tenant. you can use yourself as a personal reference if you know the person well, but in that capacity be as unbias and as critical as you can. i think the pitfall is people forget familial references are usually tainted with bias. of course jimmy's mom is going to give him a stellar reference

    • @Bob-yk9cz
      @Bob-yk9cz Před 5 lety +16

      Well if your friends aren't good they aren't friends just buds, acquaintances, gal pal, etc. There is also a word for bad/estranged/distant family member. Relative! No friends and family, that is sad. Friends and family are supposed to be solid and good; if not they aren't that.

    • @edyconsciouspi9137
      @edyconsciouspi9137 Před 5 lety +7

      Well, family and fwends better be allowed to live somewhere. Most properties go down cuz landlords, (hear the term), won't fix

  • @nlee4724
    @nlee4724 Před 4 lety +42

    My tip: don’t rent to anyone who tries to make you feel sorry for them. This is a red flag for me. There should be no drama. A great tenant will have good references from previous landlords, good credit, and most importantly, can easily afford my rent w/o living on the edge. Lease signed, keys transferred, easy peasy. No drama. I know it’s cold, but my rental is my asset, and I’m not gonna let just anybody in. Someone comes up to you and says “help, I need to find someone to marry, or something bad will happen to me!”, you’re not gonna just hand over your daughter, and go, oh ok, you can marry her, are you? Hell no! I have even less sympathy nowadays with the Internet being available, and people doing nothing to clean up their credit, or wanting to transact in cash only, or lie to me outright. If you don’t have the hard stuff to be a landlord, don’t do it.

  • @BumbleBee-eh3cn
    @BumbleBee-eh3cn Před 4 lety +84

    This is one to know. Great prospective tenants. Very personable, attractive, young. Said all the right things. Very complimentary. Nice clean expensive car. Thought there was no way could be a bad candidate. Ment applicant four times. Each time great, easy going, attentive, polite, and just one of those people that seemed a great person. Went ahead and did background check anyway as part of policy, though thought really no need. Turns out car applicant was driving had payments overdue, rent was overdue at place renting, bad debt. I was amazed. Best lesson. Now I understand why people get scammed. It is because the scammer is such a great actor. Should win an academy award. Remember to stick to your policy. Probably would have taken forever to get this prospective tenant out. Feel sorry for the next person this artist scammes. Con artist are really good at what they do. Keep alert.

    • @crand20033
      @crand20033 Před rokem

      I think there are people out there who have bad credit who will always pay rent. I had people steal my credit cards or identity and run amok with my credit cards or loans. Yeah they did it but it wasn't me. I was a victim.

  • @OneCatholicSpeaks
    @OneCatholicSpeaks Před 4 lety +34

    Have the notebook be a three ring binder. Encourage tenants to have a comparable binder. Have tips build on each other. Put it in the lease that any requests, etc. be in writing. When they make such a request, photocopy the request and put it in the binder. Also, consider having a digital camera. When you go to make an inspection of the home, photograph its condition. Put this in your binder.

  • @xtradelite903
    @xtradelite903 Před 7 lety +135

    I wish my landlord/owner (same person) would: 1) accept electronic payments, and 2) give at least a 24-hours notice before entering my apartment, instead of a same day notice.

    • @arcticfox3928
      @arcticfox3928 Před 5 lety +43

      They have to give you a 24 hour notice unless its a total emergency. Thats a FEDERAL LAW.

    • @traceymeek1238
      @traceymeek1238 Před 5 lety +23

      Arctic Fox there is no federal landlord tenant law. However all states require landlord to give 24-48 hours (written) notice before entering or inspecting the unit. Less or no notice is allowed in emergency situations.
      That said, my leases allowed for no notice between 9-9 for the last 20 days of tenancy so I could show the unit. I still gave as much notice as I could before showing. My tenants were on month to month leases.

    • @julieboston5224
      @julieboston5224 Před 5 lety +2

      Electronic payments have a cost associated with them right?

    • @cynho3093
      @cynho3093 Před 5 lety +7

      @@julieboston5224 with Cozy - Collecting rent is free for landlords. No subscriptions or hidden fees. Tenants can choose to pay for free with their checking accounts or for a 2.75% fee if they pay with a debit or credit card.

    • @alinak5174
      @alinak5174 Před 4 lety

      Wtf!! I wouldn't EVERRR let my landlord enter without proper (at least one day before) notice (phone call or txt double checking if I'm ok with it) unless it's an emergency! If my landlord would've show up without my permission, I would teach him a veeeeery good lesson. In fact, I already DID train my landlord very well lol

  • @gdaymates431
    @gdaymates431 Před 5 lety +9

    I offered 5 months rent up front because it was so hard to get a place. It showed i was serious and reliable and they gave me the place.

  • @missnoname9704
    @missnoname9704 Před 7 lety +11

    I once rented a house where I had to write a letter & send it to a P. O. Box along with my references & info. I actually thought that was a great idea because the owner was able to see who was motivated enough to go to the trouble to do it, plus none of the applicants knew who else was trying to get it or what order he received the letters in. That way he had time to select who he truly wanted without anyone yelling discrimination. BTW I was the one who got the house. Nice little place. Lived there until I got married 25 years ago.

    • @ervingreen4443
      @ervingreen4443 Před rokem

      A little outdated. Don’t think that would work these days. People aren’t writing letters.

  • @markreid6816
    @markreid6816 Před 5 lety +199

    Never put all your faith in property managers.

    • @andre430
      @andre430 Před 5 lety +8

      Can you expand on why you mention this? I plan on hiring one soon.

    • @karenkramer3760
      @karenkramer3760 Před 5 lety +8

      I watch Graham Stephan on youtube. He has rental properties, and in the past he used a property manager. In one of his videos he talked about the down side of property managers. One of the examples he used was that they charged him $7 to screw in a lightbulb. I don't use them either because I only have 4 single family units in the area where I live. I can handle them myself. I also watch youtube channels to fix anything I don't know how to. That way more passive income as well

    • @jbirdoneandonly249
      @jbirdoneandonly249 Před 4 lety +3

      @@karenkramer3760 if you dont mind my asking, did you go to school for Accounting or did you learn the financial management , legal, yourself? Did you ever think about holding your properties in LLCs ?

    • @karenkramer3760
      @karenkramer3760 Před 4 lety +5

      No my major wasn't accounting but I've always been pretty good at managing money. We did look into getting LLC's in each of our properties but with the help of our real estate attorney, decided against it. Each state is different and in Los Angeles it wasn't worth doing it for our situation.

    • @shavonnestacia2865
      @shavonnestacia2865 Před 4 lety +3

      A mgmt company runs the building I'm living in now and the building is hardly taken care of....I found out the Landlord lives in Japan....They didn't let me know until i signed the lease....

  • @andreaanonymous5474
    @andreaanonymous5474 Před 4 lety +221

    To tenants: Screen your landlords. Carefully. These people have keys to your homes and all of your possessions.

    • @harleyhartline
      @harleyhartline Před 4 lety +8

      Andrea Anonymous yeah one of my girl friends who lives alone in an apt came home to her toilet seat left up:-)

    • @SuckMySweatyBallz
      @SuckMySweatyBallz Před 4 lety +4

      @@harleyhartline - At least they were courteous :-)

    • @deborahbeattie9103
      @deborahbeattie9103 Před 4 lety +2

      Yup, I have found wet paint before on the inside of the living room door. I lived alone. Landlady tried to insinuate that I was either lying or insane, denied anyone being there as she had not made contact to enter the property!

    • @harleyhartline
      @harleyhartline Před 4 lety +3

      Deborah Beattie if I wasn’t broke right now I’d get a nanny cam to set up by my door because I have a feeling some days when I get to my apt that something is just out of place from where I left it lo

    • @deborahbeattie9103
      @deborahbeattie9103 Před 4 lety +1

      @@harleyhartline know that feeling!

  • @oscarelenes6438
    @oscarelenes6438 Před 7 lety +354

    Water mark GREAT TIP.

    • @i.m.7710
      @i.m.7710 Před 7 lety +7

      Oscar Elenes - I responded to a well done house for rent scam ad today. I usually can spot them! The scammer took the house photos off zillow. House is for sale. Grrrrr...

    • @KyrstOak
      @KyrstOak Před 5 lety +2

      @@i.m.7710 Good to hear. :) How do you spot them?

    • @M0rdFustang
      @M0rdFustang Před 5 lety +2

      Best tip I got from this video... What software do you guys use for watermarks?

    • @Dan-zs3kz
      @Dan-zs3kz Před 5 lety +10

      I don't use keys, rather I use combinations for a keypad that can be changed/deleted

    • @bigfoot14eee99
      @bigfoot14eee99 Před 4 lety

      You can add a message to a photo with windows now. Just use the 'edit' function.

  • @lpm67
    @lpm67 Před 4 lety +74

    Here's my biggest tip. If you've got a good tenant don't put up their rent ever. Better a good tenant than losing that tenant and ending up with a deadbeat.

    • @daviddesposito9392
      @daviddesposito9392 Před 4 lety +22

      Costs go up. Taxes go up. Rent has to keep pace. Only an idiot would voluntarily rent-control their own property.
      You can choose to limit increases to be as non-prohibitive as possible, but at the end of the day, rental properties are a business and businesses are either profitable, pointless or dead.

    • @ScolarshipBoy1984
      @ScolarshipBoy1984 Před 4 lety +2

      @@daviddesposito9392 I haven't changed my rental monthly payment to my tenants because it's steady income but at the same time you're right taxes and water is going up. I still pay out my pocket but either way the house will be paid sooner than later I owe 120 k but at least I have more income coming in then putting out in the meanwhile

    • @chrissmith7259
      @chrissmith7259 Před 4 lety

      When they are good they are good and when they turn bad they are ugly

    • @BumbleBee-eh3cn
      @BumbleBee-eh3cn Před 4 lety +2

      Unrealistic. My understanding is go up incrementally ever year, but small amount. To ease the blow, maybe at the same time you could install an inexpensive upgrade, like new ceiling fan or bookshelf unit.

    • @jamalfranklin8700
      @jamalfranklin8700 Před 4 lety +2

      @@daviddesposito9392 dumb response, that's how you lose good tenants.....dummy

  • @bigtravis1968
    @bigtravis1968 Před 7 lety +435

    here's a landlord tip,don't think that if a tenant pays rent for 5-6-7 years the unit should look like the day they moved in,give up that security deposit and let them move on

    • @arcticfox3928
      @arcticfox3928 Před 5 lety +20

      Here they keep all deposits. Just figure its a loss.

    • @Casmige
      @Casmige Před 5 lety +28

      littleblackfox1
      15 years we moved into a condo that was built in the 1960s.
      Still has the original flat top which works, the original double 1960s era Double ovens (still working), We still have the same food disposal we had which still works, the same dishwasher which still works and goddamnit if the refrigerator from the 1970s is still fucking working as well.
      The toilet still work, the sinks and faucets still work, And fuck-me In my ass!: the bathtub and shower still working like they’re brand new!.
      We don’t have a fucking dog or a bunch of kids that’re tearing up the mini blinds so they’re still in pristine condition as they were when we moved into this place!.
      So I don’t know what the fuck you think wears out due to normal wear and tear but we Ain’t seeing it in our place....Not yet at least.
      But we’re not young imbecilic party kids and irresponsible young adults either....Fucktard

    • @littleblackfox1
      @littleblackfox1 Před 5 lety +82

      @@Casmige so lemme get this straight.. youre seriously arguing that appliances/man made objects that one uses everyday dont ever deteriorate over time? And if they do its because youre irresponsible or a fucktard??
      And I guess anyone who has ever lived their life under different circumstances and have ever experienced stuff breaking due to normal use is just stupid, and you and your wife must be the only ones doing anything right..?
      Yeeaaahh ok.. good luck with that you.. err.... totally bearable person who.. umm.. must have alot of friends in real life... :/

    • @TacoTomtheBomb
      @TacoTomtheBomb Před 5 lety +20

      Older appliances last for decades, whereas newer ones will not---- some people are much more damaging than others, I am in shock at how much wear and tear my sister, niece, and nephew produced over one long weekend recently. They had just walked in and one plunked down a bag catching a phone charger flinging my phone, breaking the screen. I could make a list of small stuff and 2 medium things they. And they dont know how to fix stuff. A deposit will never cover some tenants,especially if you hire someone to do the repairs.

    • @ouija5827
      @ouija5827 Před 5 lety +19

      Seriously, landlords RENT a home, they are responsible in some ways for the up keep because they OWN it. Fix YOUR (cheap) faucets etc. if they don't work as well as when your tenant moved in. Granted...I have seen some bad tenants. Here's the clinch: if you charge a deep deposit to a bad tenant you will see terror when they leave if they know they've "paid" for the damage already through the deposit it's treated like a deductible on insurance. Abuse on both sides.

  • @mac1bc
    @mac1bc Před 7 lety +30

    Also keep a record of all payments and expenses such as repairs. It definitely helps come tax time.

    • @smilinglynn9584
      @smilinglynn9584 Před 5 lety +5

      And mileage for anything related to rental upkeep/business.

  • @peterinbrat
    @peterinbrat Před 4 lety +13

    I used to do the car inspection too. Also a giveaway when they say they're non smokers and the ash tray is full.

  • @kerihowell6311
    @kerihowell6311 Před 4 lety +21

    One of the biggest things for me is income to rent ratio. I always require 3X monthly rent for income. People will sometimes get angry, but I would rather turn someone down from the start than accept a tenant I know I'm going to have to evict within 6 months because they can't afford rent plus life expenses. Landlords beware, when someone hits a crunch, you will be the LAST to be paid.

    • @grady7420
      @grady7420 Před rokem

      Wow you just love making suffer for your own personal gain.

    • @MsElaine122
      @MsElaine122 Před 11 měsíci

      Add bank balance today (not after their next pay check). must be >2.5x rent. It makes sense, thats what it takes to move in. non-planners, non-savers have $500 bank balance. Ask for a screen shot to move forward...

  • @bbabalola
    @bbabalola Před 4 lety +49

    Always require pest control in the rental agreement.

    • @SuckMySweatyBallz
      @SuckMySweatyBallz Před 4 lety +6

      Excellent point. We just had a situation where a tenant had a wasp problem and instead of taking care of it themselves let it get out of control and then asked us for pest control as if it was our issue to deal with and tried to drop the issue in our lap. It got out of control so we ended up having to deal with it then after we fixed it the tenant said they were moving and wanted to break their lease because of the wasps. Pest control is in the lease as a tenants responsibility. We're headed into a new era of snowflakes who think landlords are their parents who are there to fix issues they can't handle. Kinda funny but sickening at the same time so this is good advise.

    • @bbabalola
      @bbabalola Před 4 lety +10

      SuckMySweatyBallz I just pay for it myself and require the tenant to allow the pest control company in the house quarterly. If they don’t I will just give the pest control company a copy of the key. My property was roach free until a tenant moved in with roaches in their furniture. Costing me $700 to fumígate and 3 months of empty property once they moved out. Don’t leave it up to them to add it to your rent and you take responsibility for them.

    • @bbabalola
      @bbabalola Před 4 lety +6

      Tee Crowbey not true... I’ve been doing this for over 10 years. Tenants usually prefer that pest control company doesn’t have a key and will communicate with Pest Control company. But when a tenant is doesn’t want to do that in the lease it states that the pest control will come quarterly. Also all my tenants are required to have renters insurance!

    • @bbabalola
      @bbabalola Před 4 lety +2

      Tee Crowbey and roaches live anywhere in the property! They can leave roaches behind.

    • @seanriley1603
      @seanriley1603 Před 4 lety +1

      The apartments I lived in had pest control but the manager or maintenance person opened the doors. Letters went on everyone’s doors at least 24 hours in advance. The problem I had was the manager sometimes opened 4 units at a time to keep the pest control guy moving. Thanks for showing off my belongings to everyone, not to mention letting someone walk in and grabbing something while they’re on their phone.

  • @abcd123906
    @abcd123906 Před 7 lety +114

    The trick of asking "How many animals do you have?" instead of "Do you have any animals?" (the general form of which is "What kind/amount of x do you have?" instead of "Do you have x?") can be applied to pretty much any domain. It makes it psychologically harder for people to get out of giving you what you want.

    • @danmiser9974
      @danmiser9974 Před 5 lety +29

      Always start the conversation with "how much meth do you smoke" really sets the tone!

    • @RationallyMe
      @RationallyMe Před 5 lety +14

      @J Wil That will be the response of a person who truly has NO pets. It is PROVEN that if a person is caught off guard with a question he is unprepared for and intends to lie, there is usually a very telling pause or a gesture to buy time such as, "Huh?" or "What do you mean how many?" Yes, that's a simple answer for a truthful person, but a liar will usually be caught off guard and have a "tell".

    • @montemaguire4596
      @montemaguire4596 Před 4 lety +4

      Or just tell them absolutely NO PETS. not even a ant farm.

    • @tperk
      @tperk Před 4 lety +4

      @@RationallyMe Tenants will typically lie when you ask them about pets, because they know many rentals do not allow pets. I've had cases where the tenant agreed on a no-pets clause, then I find out from neighbors a few weeks later they brought in pit bulls. When I confronted the tenant, they said the doggos were "emotional support animals" and I had to accept them due to federal law. When I eventually took it to court, the judge slapped the tenant hard and I got the last word. This is why landlords should do quarterly inspections and it's why tenants object to said inspections. That and the meth, of course.

  • @219garry
    @219garry Před 5 lety +76

    Another tip is to put the minimum credit score you accept and that you require an income 3 times more than the monthly rent amount. I also add the fact that there is a 50 dollar non refundable credit and criminal background check. 8 yrs a landlord. Zero evictions. Only a handful of times rent was late by a few days.

    • @michaelbrown1627
      @michaelbrown1627 Před 4 lety +4

      Gee purrs great advice. I also strictly enforce $75 late fee.

    • @219garry
      @219garry Před 4 lety +6

      @Dee Cee These are not apartments. These are single family 200k homes. One bad tenant and the rental income goes to zero and you can lose the home to foreclosure. Unlike a 20 unit apartment building where you can have one bad egg and still have 19 paying the bills for you.

    • @SuckMySweatyBallz
      @SuckMySweatyBallz Před 4 lety +7

      @Dee Cee - You probably live in apartments and not houses where I screen people the same as Gene. Matter of fact I have tenants now who have paid double the normal security deposit after running a complete background check including credit. I see nothing wrong with Gene's requirements and for you to criticize him the way you did shows you don't understand what it's like to risk your $150k or more investment to strangers. I'm sure Gene's equally happy you are not one of his tenants.

    • @SuckMySweatyBallz
      @SuckMySweatyBallz Před 4 lety +3

      @Dee Cee - I'm sure he's fine with it but I'm not sure where you're going with the (but who don't fit your idea of what constitutes responsible -- even when evidence to the contrary is obvious) stuff. Seems you have some issues or lifestyle choices that are affecting you in a way you don't like. All I'm saying is if you have anything you value a LOT let someone rent it and you'll see what it's like when things go wrong. You'll end up changing your policies on how you rent it and who you rent it to. trust me..... You will do what you can to protect your investment in a world where nobody gives a shit. That's all I'm saying..... And if you don't you won't be in business for long. Try to see the flipside just once.

    • @veronicasolomon5737
      @veronicasolomon5737 Před 4 lety

      Dee Cee #22

  • @boogieondatass
    @boogieondatass Před 7 lety +4

    That breakbeat with the vibe samples and the squeeling horns is bangin. My head is still nodding, even though the groove is over.

  • @Nightman2152
    @Nightman2152 Před 4 lety +4

    Thanks for sharing! Excellent tips that most landlords wouldn't consider until they learned the hard way.

  • @YouStupidBunny
    @YouStupidBunny Před 5 lety +3

    Another tip: If you own rental property in a military community, check to see if the local base has a BHA (Basic Housing Allowance) program. Rent is based on local standards and fair averages. I don't have to advertise. I let them know when a property is available and in less than 2 weeks, there's a tenant. No excuses and no late payments. Since the rental is tied to their career, they tend to respect it more. Now, I only rent through BHA programs.

  • @kalemercer7053
    @kalemercer7053 Před 6 lety +5

    Regarding scammers stealing your listing: I had a landlord that has to deal with this and he came up with a great solution. He had a large advertisement signs place inside on all windows that clearly stated "For Rent by SO AND SO INC. CAll:000 000 000 and Speake to John if our interested in this property" He also had an external security camera on the property so he would be alerted if someone was on the property. My area has a serious problem with scammers, and he found a good way to deal with them.
    Regarding record keeping: Google doc's is a much better way to go, and share it with the tennant /landlord

  • @chrysiarose
    @chrysiarose Před 4 lety +4

    My former slumlords refused to have a lease, it was month to month only, and they were never available to fix anything (if they couldn't fix something themselves, it never got fixed). They were always in Europe, no one ever minded their property and they wanted tenants to pay for repairs and they would 'reimburse' them (never). When I abandoned the apartment for a favorable situation they didn't care - they were heavy drinkers and partied all the time, spending their parents' inheritance (they bragged about this). I imagine that the money is going to run out soon.

  • @MrThiefHater
    @MrThiefHater Před 4 lety +76

    I have been a successful landlord for 10 years. I treat all my tenants like they are my most important customer. Because they are. And they usually treat me well in return.

    • @cromana5574
      @cromana5574 Před 4 lety +5

      You have just been lucky or live in a good area. Sorry, but no matter how great you are, you will still get people who are alcoholics, smoke, damage things or bring in bed bugs.

    • @shawnmilne3545
      @shawnmilne3545 Před 4 lety

      You should run a class for the less classy and tasteful

    • @shawnmilne3545
      @shawnmilne3545 Před 4 lety +5

      @@cromana5574 no. You just don't have what it takes. Everyone's true colors are readable. If the person looks like they are scum don't rent, if you're a slumlord don't rent. It's simple. Be humane and human

    • @shawnmilne3545
      @shawnmilne3545 Před 4 lety +2

      I'm glad that there are so many know it alls. Let's see if we can make America great again. Let's hold landlords to higher standards then the tenants first, since they represent our Small and large business sectors, then act like adults about the people who rent, I'm in the trenches when the Slumlords are living in fancy homes. Don't respond to this if you're just trying to defend ignorance. I'm not trying insult anyone. I'm simply speaking about those that where the shoes I'm speaking about. So if you're that person, go ahead and expose yourself, otherwise, it doesn't apply to you and you shouldn't be offended. This is not a general conversation, it's Slumlord specific. Are you a Slumlord? Expose yourself by responding. If you're not, I respect the game. And, yes, it's all a really big game. Good bless and have a great day

    • @Nochucktester
      @Nochucktester Před 4 lety

      @@cromana5574 - Just go onto spareroom.com (if you're in the uk) and choose who you want in your house.

  • @PS-yf4bj
    @PS-yf4bj Před 3 lety +2

    Great tips. I never thought about taking a look at the vehicle. 100% makes sense. 👍

  • @billt0626
    @billt0626 Před 5 lety +3

    This advice sounds really good, this channel and the podcasts are so helpful and motivating! Can't wait to buy my first rental!

  • @berryberrykixx
    @berryberrykixx Před 7 lety +193

    With that notebook, if all went well between landlord and tenant, don't throw the notebook away.. give the notebook to the former tenent! This way, if they ever come across a slumlord and has to take them to court, they can prove they've been an upstanding tenant in the past. Works both ways, everybody wins!

    • @playgroundprotagonis
      @playgroundprotagonis Před 5 lety +12

      where i live, good old tenants are typically a good source of good new tenants; half the people I know who rent got their place through friends who moved out and asked their landlords if their friends could take over

    • @LaserGuidedLoogie
      @LaserGuidedLoogie Před 5 lety +5

      Give it to them, but for a mostly postive review (3 stars or better) on Google or Yelp

    • @daytonasixty-eight1354
      @daytonasixty-eight1354 Před 5 lety

      I'd throw it away. I don't give a fuck about my tenants once they leave.

    • @melvinmcdougal6226
      @melvinmcdougal6226 Před 5 lety +2

      So shines a good deed in a weary world.

    • @charruz
      @charruz Před 4 lety +5

      @@daytonasixty-eight1354 and you would be one of the factors of society and world, who are making all of everything here, worse...

  • @rmp5s
    @rmp5s Před 7 lety +3

    Watermarks and cross streets. BRILLIANT!! That is friggin golden and I actually hadn't thought of that before. Thanks!

    • @hsp6798
      @hsp6798 Před 2 lety

      but what uf they did take the time and what if the scammer secretly messaged to find out where it's at? And what if people looking wonder why are they hiding the address and you lose potential tenants. I think it prevents but there is always those scammers that are bone heads. But nevertheless, it is better than nothing.

    • @rmp5s
      @rmp5s Před 2 lety

      @@hsp6798 Your foil hat is showing.

    • @hsp6798
      @hsp6798 Před 2 lety

      @rmp5s your comment on it being "brilliant" when it's not is a little more telling about the shiny hat for you lol.

  • @Degga911
    @Degga911 Před 4 lety +2

    From the UK and looking into rental. 90% of your advise is also relevant over here. Many thanks

  • @agredo
    @agredo Před 5 lety +1

    the most nice and honest way to ask for thump ups on a video, great video !!!

  • @rayperez1538
    @rayperez1538 Před 7 lety +5

    Great advice! Thanks Mindy!

  • @nathanwall2808
    @nathanwall2808 Před 7 lety +84

    I had to evict someone. She said she didn't read the lease and didn't realize she was going to get evicted for non payment. Judge told her that it didn't matter whether or not she read the lease. She signed and initialed.

    • @ivyhays6006
      @ivyhays6006 Před 7 lety +2

      Nathan Wall Im going to be first time landlord this fall and Im so worry to the point of having nightmare about people burn down my house 😭😭 too late to back out.... watching this making me even worrier.

    • @rosestewart1606
      @rosestewart1606 Před 7 lety +10

      Ivy Hays it's really not that bad. You need to interview your prospective tenants and if you're not sure you can trust them, don't rent to them. Be a good landlord and when your tenants move, they will have friends who want their place. We never charged the maximum amount of rent but we chose tenants based on who would fit with the other tenants in the building.

    • @ibukimioda4316
      @ibukimioda4316 Před 6 lety

      Your a Land lord?

    • @borwin98
      @borwin98 Před 5 lety +3

      Get insurance

    • @KyrstOak
      @KyrstOak Před 5 lety

      @@ibukimioda4316 Landlord is one word.

  • @AnhH88
    @AnhH88 Před 5 lety +3

    great tips. i am the homeowner who rents out other rooms in my house. i added pet policy, late rent policy, smoking policy, but most importantly, overnight guess policy. it's also easier to maintain this because i have motion-sensored security cam front and back door.

    • @seafoodsofalaska
      @seafoodsofalaska Před 4 lety +1

      Motion activated security cameras? That’s just creepy, I’d never stay there

    • @RealSasquatchWatch
      @RealSasquatchWatch Před 2 lety

      @@seafoodsofalaska well if u knew how easy it is for a tenet to have someone come in and wind up living there, u would understand. all a bum has to do is start getting mail there and BAM , an easy two months free lodging. until u own and rent out something, never think someone protecting their investment is "creepy"

  • @dobycorder3206
    @dobycorder3206 Před 4 lety +31

    Wow, after reading several hate replies from tenants, I wanted to comment. I am an average person trying to plan for the future and have a rental unit. I am sorry for those tenants who have a sad place to live with an owner who doesn’t fix and repair. This vid is for honest landlords trying to keep up their property. Having a rental property is NOT free money as most still have a mortgage, there are taxes to pay on the income and property, insurance, and repairs like roofs to consider long term. Two thirds of my tenants have been great but I have to ask for enough rent to insure I have money to fix things now and at move out. You don’t get champagne by paying for soda. And, I have had a few bad apples that have a sad story every other month why they can’t pay on time, which means my bills don’t get paid on time. It took me months to evict after non payment resulting in loss of rent, court costs, another month with costs to clean and repair, and a court order to pay my back rent which I will most likely never see. I appreciate these tips to avoid bad apples. Renters, don’t move into non-working rental, check the tenant rights in your town, keep records, and buy renters insurance that protects your property.

    • @daviddesposito9392
      @daviddesposito9392 Před 4 lety +8

      The truth is, most of those tenants probably do have good landlords.
      But the first lesson most landlords learn is that all it takes for a good landlord to become a "slumlord" is for the tenant to not have the rent.
      When they are irresponsible with their money, trash the place, etc., the landlord who objects instantly becomes the bad guy, every time.
      I'd bet 80% of the tenants bitching and moaning here have LT actions (evictions) on their record. (And for really good reasons, too)

    • @michaelruelas
      @michaelruelas Před 4 lety

      $$ to fix repairs should come out of the owners budget Not the renters! !

    • @ericwsmith7722
      @ericwsmith7722 Před 4 lety +5

      @@michaelruelas Depends on what you mean by "repairs" broken hot water heater, leaky roof , yes, holes in the walls broken doors , stained carpets ... who do you think did all that ?

    • @spicefpv2224
      @spicefpv2224 Před 4 lety +3

      The first lesson all landlords should learn is that setting themselves up to make an easy profit through owning a property someone else pays for is morally questionable. Property prices need to drop, the amount people are expected to pay in rent is far too high. Every landlord contributes to this problem not just the worst of them.

    • @ericwsmith7722
      @ericwsmith7722 Před 4 lety +3

      @@spicefpv2224 I don,t even know were to start with the foolishness of your comment . First, off the landlord does not set the price of the rent, the local market does . Now if property price go down, what happens to the cost of property and school taxes ? do teachers , firemen, snow plow drivers make less money ? NO, so now the tax rate (percentage ) goes up, does the cost of a furnace or new roof drop ? So last but not least , are all apartments were you live cost the same amount to rent ?

  • @chelsmartin2393
    @chelsmartin2393 Před 5 lety +3

    This was really informative treat your landlord as a true business! People get mad at you and they want to make up things always leave a paper trail and witness if possible!

  • @mickibabe5495
    @mickibabe5495 Před 7 lety +11

    "My" car (my husband's car), always has trash in it and is pretty much never vacuumed, but my condo is always clean... So, while it's true for most people, it's not true for all.

    • @sidneyclinkscales5336
      @sidneyclinkscales5336 Před 4 lety

      The Ref could have got it wrong, but it is still a red flag on the play!

    • @50zcarsman
      @50zcarsman Před 4 lety

      One can tell the difference between a car whose interior just shows lots of use/an active lifestyle (with sports equipment, a garden tool or two, etc.) and one that suggests the prospective tenant is LIVING in that car (e.g., underwear; pizza boxes, grooming products, too much clothing), or that their life is otherwise in chaos. Either way, however, all that trash will be making its way into your rental.

    • @zacharyfair6738
      @zacharyfair6738 Před 4 lety

      and my grandmother lived to 102 smoking....... come on. don't use poor examples that obviously are 1 in a million

  • @mathewm7136
    @mathewm7136 Před 4 lety +10

    Great video and thanks. I've own two 4 family flats for over ten years and only three bad tenants. My three tips when it comes to screening;
    1. Beware the prospective tenant that wants a five year lease before they see the place.
    2. Beware the prospective tenant that wants to pay the first four months in advance (especially in cash).
    3. Beware the prospective tenant that makes the excuse "this may be a craigslist scam so I'm only giving half a deposit until lease signing".

    • @grady7420
      @grady7420 Před rokem

      "Be aware of the tenant that doesn't want to be homeless. Be aware of the tenant who doesn't want to get scammed by us landlords."

  • @jenna2026
    @jenna2026 Před 3 lety +1

    Also if your landlord or management company is not up to speed on the current laws in your city/state you do not want to rent from them. Here in California the law changed at the start of 2020 and also changed move because of COVID. A landlord can NOT discriminate based on age, race, religion, gender, sexual orientation, and source of income (from a housing voucher or co-signer), if the tenant can pay the monthly rental amount you can't deny them housing by saying they don't earn a certain amount of money or that the unit they applied to is rented or tell them you don't take their source of income. Many landlords are getting in big trouble for this because they are uneducated on the newer laws, especially landlords that own smaller properties. Do your research and choose an apartment community wisely. If you feel you have been discriminated against you need to contact local authorities and they will take action. Also be sure to check reviews online at certain properties to find out how they treat their tenants, MOST properties now have reviews online.

  • @johnslyfield5096
    @johnslyfield5096 Před 5 lety +3

    On #3 (for prospective tenants) check property records if possible and make sure the “landlord” is the owner. That way you can make sure you’re not unknowingly being a squatter!!

  • @user-uh6jm6uh8h
    @user-uh6jm6uh8h Před 4 lety +78

    This is so funny.
    I have a landlord that lives in the same duplex with me
    And he is just as dishonest and slum as the tenants your speaking of. I've learned A lot of landlords are slum. They say they REALLY want GREAT tenants and when they finally get their dream tenants they crap on them

    • @elizabethcole3662
      @elizabethcole3662 Před 4 lety

      It's same everywhere no o e us safe giver ont should make ruling a out thiz its time to stop xxx

    • @stevenmason8286
      @stevenmason8286 Před 4 lety

      Do you mean Scum? Maybe he manages a slum. LOL.

    • @thebrunoserge
      @thebrunoserge Před 3 lety +2

      So true. Landlords are not fully human - there's a cockroach/parasite aspect to them. These are individuals who CHOSE to stop working for an income, and start exploiting innocent hard working families just so they could live without working. Landlords deserve what's coming after the housing crash

    • @brianarc2
      @brianarc2 Před 2 lety

      @@elizabethcole3662 What? Like what the fuck did you just type? Jeez-us. Noted, a good screening question for tenants: write a complete sentence.

    • @RealSasquatchWatch
      @RealSasquatchWatch Před 2 lety

      @@thebrunoserge i read ur comments, then i see ur username, and i go "ahh Ha!" thats the reason.

  • @qhsperson
    @qhsperson Před 7 lety +38

    Solid advice. I do admit that my desire to be a landlord slipped away when I was hired to clean out a house after the tenants left suddenly. And more recently, my next-door neighbors ended up burning down a house they'd rented out to the worst people in the world, apparently. The costs involved in adequate cleaning were higher than the value of the house. Meth labs are no joke.

    • @seanriley1603
      @seanriley1603 Před 4 lety +1

      qhsperson Technically, a meth lab should be a tear down. The toxicity stays there forever. It’s not just on the walls and in the carpet. It’s in the walls and AC ducts. No amount of cleaning will get it out.

  • @nadinesawtell3267
    @nadinesawtell3267 Před 7 lety +14

    You forgot to say that a landlord should bank the security deposit. Place it in a savings account so should a reason arise that you will need to return the deposit You will have the cash on hand

    • @jimmynyarlathotep6857
      @jimmynyarlathotep6857 Před 5 lety +2

      In civilised countries, deposits are held in a government scheme to prevent abuse by unscrupulous landlords.

    • @mrscalifdreamer
      @mrscalifdreamer Před 4 lety +2

      Yup. My hubby and I also take a percentage of the rent and bank it also. This goes to repairs. This way there will always be funds to fix what needs to be fixed. One year we had to replace 3 roofs! Ouch but thankfully we were able because we thought ahead.

  • @kidcitylynnwood6324
    @kidcitylynnwood6324 Před 7 lety +4

    Thanks Mindy, great info.

  • @LifeAsItIs478752
    @LifeAsItIs478752 Před 4 lety +3

    Tip 1: know what your and your tenant’s rights and responsibilities are. The amount of landlords and tenants that aren’t aware of these is astounding. Tenants really should do their research too but it’s downright embarrassing to be an LL who doesn’t know that they’re legally responsible for maintenance etc.

  • @jcmcclain57
    @jcmcclain57 Před 7 lety +1

    Excellent advice that I already follow. Because of following these types of guidelines I have never had any problem in court other than a judge predisposed to favor tenants and even then I have never not prevailed in court. Relative to the ultimate failure in the landlord/tenant relationship... court... you want to walk into that situation with ALL your ducks in a row because the burden of proof is on you, the plaintiff. Understand your claims, back them up with your local statutes governing landlord/tenant law, and hope that the tenant can actually pay the awarded damages. You are likely to prevail if you are prepared, but you are just as likely to leave court with a piece of paper for all your trouble called a judgment that has as much value as toilet paper if the tenant does not have the ability or credit worthiness to pay. Pick you battles carefully in this arena and make sure it is worth the fight, because at this point it is a fight usually. Happy landlording!

  • @generaclesdey4622
    @generaclesdey4622 Před 10 měsíci +1

    In many countries, tenants need a Co-Signer. The Co-Signer is listed and the lease with the tenants, and understands their legal obligations. That could be a family member or a friend, but NOT someone who is allowed to reside in the rental unit. If the Tenant defaults on the rent, the Co-Signer can be sued for the missing rent!

  • @ruthlys
    @ruthlys Před 5 lety +17

    My mom had a rental property in Chicago back in 70’s. Her big screening tactic- she would drive by and even visit applicants at current residence to ask a question or something- so she could see the state of property they were wanting to leave. Boy did that cause a lot of “screen outs”!

    • @Gnefitisis
      @Gnefitisis Před 11 měsíci +1

      This sounds super illegal.

    • @ruthlys
      @ruthlys Před 11 měsíci +1

      @@Gnefitisis why? Lenders do credit checks. Employers often do background checks. All she did was determine if a prospect was the type to destroy a rented domicile until evicted. All she wanted was someone who would not intentionally going to screw her over. The behaviors she was looking for? Those were illegal. Not what she did. All she did was eyeball the place they were leaving.

    • @ruthlys
      @ruthlys Před 11 měsíci +2

      @@Gnefitisis i do get that is you think she was simply screening for “proper” tenants- that would possibly be unethical- that largely depends on how we decide to define “proper”- or how we define “taking care of” a place.
      No landlord should have to suffer someone who stays until evicted and destroys property on their way out. And if renting a one bedroom- they cannot ethically rent if the tenant has 4 kids and 3 pets (common lie back in the 70s). I assure you- she just wanted to not have her home destroyed- it was a 2 flat. So it was her home too. I believe she was justified.

    • @Gnefitisis
      @Gnefitisis Před 11 měsíci

      @@ruthlys I think you'd agree to let me do a food inspection on if you buy anything at my grocery store. I also think if you ever use condoms I require a penis inspection.

  • @notconvincedgranny6573
    @notconvincedgranny6573 Před 7 lety +73

    I've been on both sides - rental and landlord. Most of this is us vs. them attitude, and treating potential tenants like adversaries creates a bad situation right off the top. If this is how you feel, use a property management company.

    • @joewoodchuck3824
      @joewoodchuck3824 Před 5 lety +9

      Property management companies take too large a bite out of potential profits.

    • @michaelocallaghan1163
      @michaelocallaghan1163 Před 5 lety +1

      Wise words

    • @chasingsunsets87
      @chasingsunsets87 Před 4 lety +1

      Agree! Finally someone that sees that as well. If you are not a solution oriented person and you only see it as way to make money with out working as much please stay away from landlording! I personally see more ignorant entiled landords who think those seeking tenancy are sugar daddies that have endless money to pay. Many those who are tenants are not by choice. Are doing so to save to buy a home.

    • @charruz
      @charruz Před 4 lety +4

      Property management groups these days....at least 1 of them corrupt mofos: Invitation Homes, American Homes 4 Rent and Tricon. AH4R = Very bad news for tenants. Don't know about other 2 but possibly probably, same ilk. These groups, are part of the ever growing affordable housing crisis, all over this country. Radical changes have got to be made. Honest, authentic, less greedy, more socially aware, caring individuals need to be in charge across the board.

  • @Allan-et5ig
    @Allan-et5ig Před 3 lety +1

    Good video. I have some thoughts and a question - don't know if you're in to questions.
    . For years you can get a perfectly valid, state recognized tenant lease agreement off the internet. Nolo has one as does rocket lawyer, etc. Totally legit, free...
    . You needn't worry about out of country scammers who say 'change locks,' if you follow your BEST tip ever - don't EVER, EVER, EVER put the property address in the listing. So glad you put that in there.
    . U.S. Mail is not a good idea "we didn't get it..."
    . I'm not on your scale for sure. I've been a landlord in California, Washington and in England though - again I'm small potatoes but here's a tip - NEVER give the address out until you speak to a prospective tenant on the phone. If they're afraid to speak on the phone or do everything 'only' by email or text - SKIP EM.'
    Questions: I've been burned by references. Dudes with great clothes, good brains, fantastic jobs and great references ended up being serious alcoholics I had to evict. Any advice?
    Thank you!

    • @svenkonig453
      @svenkonig453 Před 5 měsíci

      You can pay additional to have a signature required upon receiving it.

  • @Gabbythorne
    @Gabbythorne Před 6 měsíci +1

    That was very helpful! Thank you Mindy

  • @Ksklarge1
    @Ksklarge1 Před 7 lety +3

    I used to pay up front at tax season. I didn't pay it all, but would pay a large chunk so that my monthly payment wasn't so draining through out the year. :)

  • @rachela3904
    @rachela3904 Před 4 lety +3

    We’ve had our rental property since May 2018 and we already had to evict our tenants for failure to pay and abandonment. They left all their belongings in the house and over 50 bags of trash... currently waiting to file a Writ Of Possession. I honestly want to sell the rental because of the struggle we’ve had with these people 😑 edit to also say that our county magistrate provides a free lease on their website and you can add/delete things on the lease.

  • @daisyconsuelo
    @daisyconsuelo Před 6 lety

    This is an awesome video with great tips. I plan to watch again!

  • @dogie1070
    @dogie1070 Před 4 lety +1

    Oregon, here...as a tenent, your tips protect good tenents from bad landlords!!!

  • @opaz6149
    @opaz6149 Před 7 lety +26

    Always interesting to learn about the landlord's perspective on things. I have a love-hate mindset about landlords. Most of my life, either I (or my parents) have been tenants. I can certainly relate to the tenant side of the fence! :-)... However, I do hope to get into real estate investing. Not sure if I would ever want to be a landlord, but it's always a possibility. Knowing what I know from my own experiences, the challenge is to be ethical, respectful, and have a good heart. Yet maintain a firm stance, and run a profitable rental.

    • @mysterybuyer3738
      @mysterybuyer3738 Před 5 lety +2

      Yeah landlords are ruthless bastards andI hate them but now I want to be one so I can sit back and collect nearly free money like those bums do.

    • @bapeach8466
      @bapeach8466 Před 4 lety +1

      O Paz You can’t be friends with your tenant don’t even meet them it is a business situation only they can’t pay the rent they want to dick around about the price let them go somewhere else I want $2200 for my freaking house why because of the taxes because of the HOS because of the insurance it cost me over $10,000 to maintain that house and I am the one living in the freaking hood not her

    • @tperk
      @tperk Před 4 lety +3

      I was a tenant at different times in different locations in my life for 35 years. I never had a late payment in my life. Then I purchased a great house and rented it out. Now it's an excuse every month: oh no, my mother died, the dogs are for emotional support, I know it's been late two months but I'll get it on time next month. And they wonder why I took them to court. SMH.

    • @crossvizion
      @crossvizion Před 4 lety +2

      @@tperk I know sometimes people can be full of crap but sometimes people can really be going through a tough financial situation. Affordable housing is a major problem today. You need to be firm but never forget compassion.

    • @Willie5000
      @Willie5000 Před 2 lety

      @@tperk I mean, if you don't respect the tenant then they don't respect you, simple as that. Besides, there are a lot of ways things go wrong in the tenant's life that affect rent.

  • @Cynthia-Landers
    @Cynthia-Landers Před 7 lety +150

    I'm 46 years old & have been renting for 26 years. If there are any young people out there new to renting, I would like you to have the chance to benefit from others' experiences. Landlords & property managers are skilled, comfortable liars.
    I have had a landlord(meaning, the owner of the property, as opposed to a property manager, who's not the owner. If someone manages their own property I call them a landlord) bring brand new blinds into my apartment, still in their original package, dump the blinds in the package in my apartment, saying they will be installed, & then NEVER install them for months on end. Why did he want to replace the shades with blinds? Certainly not because the shades were damaged by me in any way(they weren't); it was his own thing that he decided, by himself, to do, said he would do it, & then never did it. When I moved out a year later, there they were on the floor behind my couch, still unopened.
    I had a property manager who said he would have the washing machine in the laundry room repaired; months went by before he did it.
    I had a landlady who had no hot water in the laundry room; all laundry could only be done with cold water. Not lying, just cheap & greedy.
    Landlords assume everyone is a slob & a deadbeat; I am neither. My excellent behavior as a renter(I always respect other people's property; I never fail to pay the rent in full and on time) does not improve the treatment I get from landlords & property managers. More examples:
    When I moved into my current apartment, my move-in date was the 22nd of the month. The property manager(I'll just call her Dingbat) asked, "Do you want me to calculate your rent for the last 8 days of this month, plus rent for next month, plus your move-in costs, & give you one amount due?" I said yes, so I can just write one check. She added it up, wrote down an amount, & I wrote the check( a perfectly good check, of course) & gave it to her. Two weeks later when I got home from work, there was a THREAT TO EVICT ME posted on my door! An _official_ threat, with legalese, & words like "law" & "sheriff." An official threat to evict me for non-payment! The property manager, it turned out, had no ability to keep track of money. I took the notice off the door, wrote a note on the back explaining why I didn't owe any more money, & left it on the stupid bitch's desk the next day. She took back her stupid threat to evict me. BUT WAIT--THERE'S MORE! Fast forward one year, same apartment. There's a new property manager(I'll call her Thief). What to my wondering eyes should appear on my door but a threat to evict me for non-payment; this, after I had paid the rent faithfully, on time, in full, every month, without fail. I took the notice to Thief's office & demanded an explanation. Thief explained that, one year prior, Dingbat had put the wrong rent amount on the rental agreement that she & I had both signed; it should have been a higher number, Thief explained. Therefore, Thief reasoned, I SHOULD HAVE been writing larger rent checks all along; therefore, Thief concluded, I owed all that back rent. I was in disbelief! I told Thief that if she did not agree with the rent amount that Dingbat put on the rental agreement on year prior, then that was an administrative issue between Thief & Dingbat. Thief seemed to back off a little. I told Thief to shred the stupid threat to evict me, & she tore it up. She never tried to extort more money from me again. Dingbat was incompetent, & Thief was without ethics. What would have happened if I had been easier to intimidate, if, for example, my English wasn't the best & I didn't understand how ridiculous these threats to evict me were? How many people, good renters like me who landlords WISH they could have, have gotten out their checkbook & given more money that they didn't even owe???
    I have several more examples but no inclination to go into all of it; this is already a long comment.
    And so, keep your guard up, my friends. If you are a good renter, keep that front & center, talk about it, be assertive about it, never let them forget that THEY are lucky to have YOU as a renter(if it's true). Don't want to sound like a braggart? You heard the woman in the video: "Tell renters what you want them to know." Likewise. Remember, landlords & property managers will lie to you handily. Do not ever trust or believe them; assume they are greedy, lazy & without ethics. This does NOT mean treat them like crap; it means be savvy, know your rights, be cynical, NEVER be fooled by their friendliness, contact a lawyer or tenants' rights organization if necessary, & predict they worst, most irresponsible conduct from them. I have been renting for 26 years & I assure you this is the most realistic view.

    • @jenniferdinh7531
      @jenniferdinh7531 Před 7 lety +24

      You know that not all landlords are like this, right? My family rent out houses, and they always fix things right away, help accommodate for their renters needs, and if the renters couldn't pay due to financial problems, they will give them more time for them to pay. We have never evicted anyone from our property. Honestly, I have no idea how you were able to meet so many bad landlords, but I hope you are able to find a better landlord soon.

    • @Cynthia-Landers
      @Cynthia-Landers Před 7 lety +17

      Jennifer Dinh Thanks for your reply. I do vividly remember one excellent landlady I rented a house from for 2 1/2 years in the '90s. What was different was that she wasn't in the landlord business to screw people; she had a house & farm 20 miles outside town, & happened to own one rental house in town because she had inherited it from her parents. So she wasn't in the real estate business. Consequently she wasn't looking out for her greed. She made improvements to the house between the prior tenant moving out, & my moving in. She got stuff repaired right away. The rent was low because I agreed to keep the yard, with 3 beautiful pine trees & plenty of grass to water & mow, maintained. The rent did not go up in my 2 1/2 years there. I can't think of a single instance of her feeding me crap or not doing something she'd said she'd do. This woman was truthful & fair. Why? 'Cuz she wasn't in the business, wasn't a property manager, & did not have the attendant facility with lying.

    • @MichaelP-ke1tm
      @MichaelP-ke1tm Před 6 lety +32

      Cynthia
      The better question is why you would rent for 26 years. Absolute waste of money.

    • @AlaluofNibiru
      @AlaluofNibiru Před 6 lety +13

      When I rented I wouldn’t wait on landlord to hang blinds or make repairs I did them myself as responsible tenant. By the way 98% of people are stupid and property managers are no exception

    • @patrickkelly5009
      @patrickkelly5009 Před 6 lety +12

      So, making mortgage payments on a house isn't? It's the exact same thing you dolt, you're just renting the house from the bank.

  • @uclatrunks1318
    @uclatrunks1318 Před 5 lety

    Great video. I'm a somewhat new landlord. I've been keeping track of rent payments, but I didn't consider repairs. Thanks!

  • @maxwellspeedwell2585
    @maxwellspeedwell2585 Před 7 lety +1

    Watermarks.... excellent idea!
    We have had a number of rentals including a very nice, newer apartment building.
    My management company did an excellent job. We are in transition. Sold our home
    and are currently renting. The owner is doing a terrible job! Maybe he's afraid of
    vacancies, but he rents to good valid tenants one day, and trailer trash the next day.
    Result: the good tenants leave and the property degrades.
    Screen tenants very well.

  • @bigtravis1968
    @bigtravis1968 Před 7 lety +53

    here's a tip for landlords,don't trust the former landlord contact info,it could be someone they know,check with city hall records to confirm the contact name owns the property they say they lived in

    • @roberthaworth9097
      @roberthaworth9097 Před 5 lety +10

      Yes -- everything on the application must be verified, incld. the bona fides of their "employer" and "personal" references. Some landlords sneak a nugget of obviously incorrect information about the applicant into their phone conversation with a "current supervisor" or "former landlord", just to see if they contradict it. Most friends-of-applicant-pretending -to-be-their-boss agree gladly with whatever landlord says, thinking that's what you want to hear and that's what applicant has told you. End your call right after being lied to in this way, and 86 the application as unable to be verified. If they set you up in this way, they can't be trusted and are hiding something big.

    • @larryspartan1923
      @larryspartan1923 Před 5 lety

      Wayne R, but what if their previous adress they gave is the same as the adress of their friend/fake landlord.
      How can you verify then ??

    • @karenkramer3760
      @karenkramer3760 Před 5 lety +2

      Larry Spartan, good point. In the last couple of years I ask for last three months of pay stubs, in addition to calling the place of employment. It makes it harder to lie about a job as well and giving a fake phone number

    • @larryspartan1923
      @larryspartan1923 Před 5 lety

      Thank you, @MissBttrsctch, Karen & Robert :)

    • @johnnystones8498
      @johnnystones8498 Před 4 lety +3

      I have had some landlords give a glowing reference to a tenant only to find out that they are horrible tenants. Some landlords give the glowing reference just to get rid of their own problem tenants. Check everything and ask for receipts, etc.

  • @Dan-oj4iq
    @Dan-oj4iq Před 5 lety +7

    Every point is great. I especially liked the one about checking out the potential renter's car interior. Thats golden. And also the pet question.

    • @steveotten9473
      @steveotten9473 Před 5 lety +1

      And also illegal.in many states. If you make a decision to rent or not to rent to someone based off something not in the screening disclosure you can be sued

    • @crestonediamond
      @crestonediamond Před 5 lety +1

      My car looks like a moving trash can but my house is spotless.

  • @pedroamerico8278
    @pedroamerico8278 Před 2 lety

    This women is great, a natural teacher! Thank you!!

  • @OMG-ys6ef
    @OMG-ys6ef Před 2 lety

    Excellent detailed information for newbie & experienced! :) Thx "B.P." & MINDY!

  • @jeremybds1901
    @jeremybds1901 Před 4 lety +6

    Tenants screaming, "snakes!"
    Was what I heard

  • @littleblackfox1
    @littleblackfox1 Před 5 lety +16

    I call bullshit on the "snooping inside their car" tip.. my car is an absolute mess but I keep my house super clean.. the difference is I dont live, eat or sleep in my car, I spend less than an hour in my car every week so its just not as high on my priority list to keep clean..
    Another thing Ive learned from living in rentals and having both parents own multiple rental properties is that tenants with children are faaaaar more destructive to a house than tenants with pets.. my parents never had a tenant with pets draw on all the walls or put a hole in the wall, or clog the sewerage system and flood a section of the house.. but these have all happened multiple times when they have tenants with kids..

    • @gregoryeverson741
      @gregoryeverson741 Před 5 lety

      same, i dont give a fuck about the inside of my car, i clean it like 3 times a year, i dont leave food wrappers in there,

    • @aarondhermanson
      @aarondhermanson Před 5 lety

      I clean out my car every other week because I leave lots of stuff in there. Because I'm busy as fuck.

  • @nonnalovepriceless
    @nonnalovepriceless Před 4 lety +1

    I have the most amazing landlords
    They are kind and soon as I call for something to get repaired they come the same day .
    The landlord always comes 3times a week around the block to see if everything is ok .

  • @arttv9577
    @arttv9577 Před 5 lety

    Mindy - excellent video with expert advice - thank you.

  • @Rancidkidd
    @Rancidkidd Před 7 lety +57

    Thank you! This video has value! Didn't think about the water marking the images.

  • @Vanilla0729
    @Vanilla0729 Před 7 lety +31

    Tip for landlords - Your property must be up to building codes before you rent it. Nothing is "grandfathered" after the lease is signed. Tip for Renters, Fuse Boxes with the old screw-in fuses haven't been allowed in most building codes since the late '80's. If you see one of these, RUN!

    • @kevinstoddart
      @kevinstoddart Před 5 lety +1

      Not true in Canada...

    • @brenhappycloud6305
      @brenhappycloud6305 Před 5 lety +1

      All states in the us have diff land lord tenat laws...u should name ur state and make sure ur info sharing is soild fact...i can call total bullshit on ur share here if u claimed this was in oregon State. Ur claimes would be totally untrue.

    • @karenkramer3760
      @karenkramer3760 Před 4 lety

      Jay c, you are correct. That's how it works where I live

    • @Cigar65
      @Cigar65 Před rokem

      We just had our old fuse boxes replaced last year, and it was only done with the help of the fire department otherwise the cheap oh's that own the place would still be using the old ones.

  • @martys2618
    @martys2618 Před 4 lety +1

    Great video and very enlightening. I never gave Billy Wilder much thought until now. I'll be incorporating his technique to as many of my scripts as possible. Thank you. PS: Will you make more of these videos?

  • @EricCiolina
    @EricCiolina Před 5 lety +2

    Years ago I used to be a leasing agent and the manager and I would compete on resident retention. I would rent based on historical information and she would rent based on their outside appearance. The people she rented to inevitably were evicted and the ones I rented to were excellent residents.
    She later admitted that she was not going to rent to me because I was wearing jeans and a T-shirt and my bf was in tie. When I put in for the job she didn’t want to hire me because my bf unfortunately didn’t know how not to make someone’s business private (big gossip). I thought that was very unfair because we both kept work separate, eventually I proved to her how wrong she was and was hired with our complex doing better than any other in the company 😎
    14 years in the same apartment. I’m on section 8 and every owner has said my apartment had the least amount of fixing, but they let me do my own repairs which was nice to get

  • @NoVaCaneXXX
    @NoVaCaneXXX Před 4 lety +33

    I’ve been denied so many times by landlords and unknown To them I use to be a successful real estate agent and I’m qualified for the majority of apartments here where I live... landlords just refuse to have certain individuals live in their property no matter what....then complain about the homelessness in the community, up charge on rent, never fix anything. They demand a $1600 monthly rent apartment to brokers fee, first and last month rent, income must be 3x the rent, credit score of 650/700 or above. Like that’s is something half of Americans don’t ever get to see in their life but pay rent at the same amount and make less... the real estate market needs to change ......

    • @Electrolizing
      @Electrolizing Před 4 lety +3

      Yeah, it needs to change. It used to be easy come, easy go. Then the government got in the middle, no more easy go therefore, the half changed, too.

    • @evanseymour4172
      @evanseymour4172 Před 4 lety +4

      Respectfully, if you’ve been denied several times by Landloards through the screening process this demonstrates a pattern. It appears each screening landlord is observing a concern. This a good landloard-you would want to live in a safe, screened and well maintained environment.

    • @runnergunner5685
      @runnergunner5685 Před dnem +1

      You do know that someone had to work extremely hard to acquire that property. You're talking as if it was just given to them and they are taking advantage of you. Your concept may apply to government housing, but in the world where I use my hard earned money investing into a property that I am entrusting in your care, I should be fully within my right to decide whether or not I want you in there and to charge a premium. A property always needs work when a tenant leaves. There are general things that need to be done, that you don't have to worry about and the possible damages that the security deposit never seems to cover. It can easily be several times the deposit. How do you speak for that? It is a business at the end of the day and investors need to make money or houses will not be bought and you'd have nothing to rent.

    • @NoVaCaneXXX
      @NoVaCaneXXX Před dnem

      @@runnergunner5685your not making any sense and no one said any of that. Don’t assume!

    • @NoVaCaneXXX
      @NoVaCaneXXX Před dnem

      @@evanseymour4172there is no concern in my records at all. Never been evicted or late on any payments. It’s just the landlord’s… but I have already found something and the screening process was the same..

  • @sparkymax4290
    @sparkymax4290 Před 5 lety +264

    Never. EVER believe "I always go outside to smoke".

    • @swagger1930
      @swagger1930 Před 5 lety +4

      y would u believe that in the first place 😂😂

    • @dystaneyreeves4193
      @dystaneyreeves4193 Před 5 lety +20

      My fiancé smokes and he always goes outside to smoke . I don’t care if the landlord allow it , my asthma don’t

    • @Rosa-ds8xt
      @Rosa-ds8xt Před 5 lety +16

      I smoke & have always went outside. I've never let anyone smoke inside my home even in winter. I grew up in a smokers house & always promised I would never make my house stink & my blinds yellow like that. And I'm proud of that.

    • @Tribulation_Harvest
      @Tribulation_Harvest Před 5 lety +2

      @@swagger1930 Because some people are honest and tell the truth.

    • @swagger1930
      @swagger1930 Před 5 lety +1

      Ken Souza idk boss maybe short term but no way are most of those people going to continue going outside to smoke in their *own* crib after so long

  • @ranimouf
    @ranimouf Před 5 lety +1

    Tip #7 Do not take partial rent payments, post a 3 day notice as soon as they re late, and be ready to file an eviction if you want to be a successful landlord. I even learned how to fix Acs and do pluming repairs. I even renovated many apts in my complex. Your rental will not look the same even after few months of renting it, So be ready to do a lot of cleaning, patching holes, replacing doors and even appliances. Good Luck.

  • @cattate1492
    @cattate1492 Před 4 lety +1

    Very helpful and insightful tips. Thanks!

  • @UltimateBargains
    @UltimateBargains Před 5 lety +4

    Always get a signed move-in/move-out checklist in case the tenant moving out says "oh, that broken closet door was like that when I moved in".
    If it wasn't broken on move-in, then it's definitely the tenant's responsibility.
    If it was broken on move-in and then fixed after move-in, then get the tenant to sign the satisfactory repair completion statement.

    • @fanyao1393
      @fanyao1393 Před 4 lety

      UltimateBargains this is so important. In vancouver, if you do not have the signed move in move out report, you are required todo I let the security deposit to the tenants even though they trash your place. Awful experience

  • @xgwke5867
    @xgwke5867 Před 7 lety +177

    What is the purpose for not publishing the actual address of the home and publishing the cross streets instead?
    If I see a rental ad where the address is not stated, I assume it's because the place is a dump so I skip calling that ad.

    • @kianap3896
      @kianap3896 Před 7 lety +10

      Erin Kathryn question: what state do you live in? I ask because I'm from NY but have lived in AL, NC an NJ. This tactic has not stopped me from renting a space once I contacted

    • @purpleviolet72
      @purpleviolet72 Před 7 lety +22

      I've learned to be extremely cautious when responding to those ads. Why? Well, I have had cross streets listed and when you find out the actual location, it's several blocks away from where you'd assume the location would be based on the cross streets. Some unscrupulous landlords will list the cross streets of a more desirable area when the reality is that the location is much closer to cross streets of a much less desirable location. Google Maps is definitely helpful in learning where a place is in reality. Also, street view is helpful. If it's the only dump in an otherwise good neighbourhood, I'm not really interested in renting because it's obvious that the landlord isn't interested in doing any maintenance, only collecting the rent cheque. By dump, I mean I've seen places that were in otherwise good neighbourhoods with cars on blocks and piles of junk at the address of the rental. Everywhere else has neat yards surrounding it.

    • @CurbHopper111
      @CurbHopper111 Před 7 lety +32

      A few reasons are scammers pretending to sell the house, people breaking in to do drugs/graffiti/rape/other illegal stuff, and new tenants having to put up with people coming to check out the property themselves by peeking in windows, jumping the fence, trying to open doors/windows, and going through doggy doors (not realizing someone already moved in). As a kid I moved frequently and we had to put up with that last one A LOT.

    • @Asenueh
      @Asenueh Před 7 lety +25

      When I listed my house on Zillow, someone used my address and pictures to post the house on Craig's List as their own listing using the tactic described by the woman in the video. Cross streets help avoid that by compelling serious inquiries to call you, instead of a scam listing.

    • @samikay9599
      @samikay9599 Před 7 lety +11

      Erin Kathryn exactly I want to be able to drive past the place and take a look at the neighborhood, the neigbors and the house itself. The last time I rented without knowing the exact location I ended up right under this horrible woman and her 3 kids for nearly a year who scratched up my car, terrorized my cat from MY front porch and left garbage all over the lawn. Worse yet she constantly called the land lord complaining about me playing music during the afternoons that I would spend cleaning but it was okay for her and her children to stomp around upstairs slamming doors and screaming at 5:30am while they got ready for school because "It's part of life honey, kids make noise".

  • @olternaut
    @olternaut Před 7 lety +2

    Good video Mindy...thanks!

  • @gewgulkansuhckitt9086
    @gewgulkansuhckitt9086 Před 7 lety +1

    One bit of advice I've heard is that higher rent places are less likely to attract people with problems paying rent. If you charge $300 a month, you'll get a lot of people with unstable incomes, part time or seasonal income, people who can't hold down a job, people who scraped together one month's rent over a period of six months, etc. Quite frankly if you don't stand to make a decent amount of money off it, it really isn't worth the headache (in my opinion).

  • @alexiskenni6140
    @alexiskenni6140 Před 4 lety +5

    My car a wreck but I enjoy cleaning my house on an everyday basis. It is difficult when I live in an apartment to vacuum and keep up with my car like I would like to.

    • @monarchbutterfly3154
      @monarchbutterfly3154 Před 3 lety

      I know! My car is black and I live in the desert. Its never clean on the exterior.

  • @bellelysenko3498
    @bellelysenko3498 Před 7 lety +19

    im not a landlord. im a tenant, it makes sense that if i do good and earn trust that i should be trusted and have an easier happier life, but if i take advantage, abuse, do illegal things i shouldn't be trusted, both tenants and landlords have aright to be safe and not have their livelihood put in danger

    • @craigster0861
      @craigster0861 Před 7 lety +2

      Belle Lysenko
      I would rent to you. Adult thinking is hard to find

    • @rosestewart1606
      @rosestewart1606 Před 7 lety +1

      Belle Lysenko I'd rent to you too. It's not just the building the landlord has to think about...it's mostly the other tenants in the building.

  • @danpaulin6859
    @danpaulin6859 Před 5 lety +2

    I need more vids from you you are a genius thanks so much mindy ❤️

  • @shehanism
    @shehanism Před 4 lety +1

    This is great, thanks for the information!!

  • @dylanes21
    @dylanes21 Před 4 lety +3

    Mom, taught me about checking the car, about 40 years ago. Excellent addition not always thought of.

  • @billcosbyeatsbabies9947
    @billcosbyeatsbabies9947 Před 7 lety +38

    I about died when she mentioned the growing pot thing, lol. Mostly because its true. I tried paying upfront in a " grow friendly" state and never heard back from the PM. I guess thats why, haha

    • @kenshinhimura9387
      @kenshinhimura9387 Před 7 lety +9

      umm I would rent all day every day to growers. They make bank and can easily afford the rent. If I caught them growing I would charge more, lmfao. I would NOT kick them out.

    • @MichaelP-ke1tm
      @MichaelP-ke1tm Před 6 lety +9

      Kenshin Himura
      You're 12 years old

    • @lucienrichardson8645
      @lucienrichardson8645 Před 5 lety +2

      @@kenshinhimura9387 Great idea pal

    • @kenshinhimura9387
      @kenshinhimura9387 Před 5 lety

      @@lucienrichardson8645 you got something against growers?

    • @lucienrichardson8645
      @lucienrichardson8645 Před 5 lety +3

      @@kenshinhimura9387 Yeah it just happens to do with the fact that its illegal and I don't wanna be responsible

  • @valeriegonzales2479
    @valeriegonzales2479 Před 4 lety

    Thank you for the notebook idea! Awesome.

  • @richardfisher4202
    @richardfisher4202 Před 4 lety +1

    I am a landlord. My ex-tenants have obtained a Tribunal ruling in my absence, instructing me to repay them all the rent because of a missing piece of paperwork. About $60k!! No problem, I thought, because my house insurance includes legal aid cover. But the insurance company pointed to an exception clause that means they will not help me, so my legal aid cover is worthless! So Tip #1 is to check that your landlord's legal aid insurance actually covers you for everything!

  • @Outlawrockman
    @Outlawrockman Před 5 lety +3

    Rule 2 is so true! My old roommate tried to sneak in pets when they knew 1) I didn’t want their 75 pets in the apartment and 2) the lease forbid them completely. People will try to break argreements for the dumbest reasons

    • @D_Parks
      @D_Parks Před 4 lety

      Outlawrockman Children have damaged my properties far worse than any pet.

    • @tperk
      @tperk Před 4 lety

      Many tenants will try to sneak them into rental properties as "emotional support animals" just like they would on an airplane. Landlords should always demand a physician's document certifying each animal for "emotional support" and take the tenant to court if they don't have it.

  • @hopemack7701
    @hopemack7701 Před 5 lety +71

    What do you do about slum landlords that don't want to fix anything but want to change a arm in a leg for rent.

    • @bestcity0979
      @bestcity0979 Před 4 lety +7

      This is what i want to know

    • @lizziestockwell5461
      @lizziestockwell5461 Před 4 lety +5

      Same. Dealing with this right now.

    • @texasred2702
      @texasred2702 Před 4 lety +6

      Guess what: you follow the SAME guidelines as the rules for landlords--put everything in writing and CC a trusted source so they can see you're involving a third party. Don't pay cash. Keep records, including photos. Maintain a paper trail.

    • @user-uh6jm6uh8h
      @user-uh6jm6uh8h Před 4 lety +1

      @@texasred2702 PERFECT, I know someone is dealing with this now. The basement is leaking, mold is everywhere but, the landlord feels she's to ignorant to know any better. I had to give her information because her landlord is threatening to put her out and I gave her the number to call The Department of Agriculture Trade and Consumer Protection and legal action so she could get some help.

    • @jasonbrisco
      @jasonbrisco Před 4 lety +7

      You go to your local rental board with your issue and start paying your rent to the board. The board will hold the money in trust and will compel the landlord to fix issues (major issues).

  • @poulinproperties5460
    @poulinproperties5460 Před 3 lety +1

    Great advice! I always sign the lease agreement at their place so I can see their way of living.

  • @Whatsgoingjohn
    @Whatsgoingjohn Před 5 lety +1

    Great tips. I keep my records on Google drive so I always have access to them!

  • @vitaoshea2772
    @vitaoshea2772 Před 7 lety +4

    Great advice! I think you mentioned that Brandon has a Tenant Screening List. Would I be able to find that on the website and if so where?

  • @rrdevries100
    @rrdevries100 Před 4 lety +5

    Not sure if I agree with #3. If a landlord won't provide the exact address, that is seen as a red flag.

    • @syd-elbs
      @syd-elbs Před 4 lety

      Eric D I’ve rented from two properties now where there was no exact address in the listing, and they been the best I’ve ever rented from. I don’t know how much that says, but I support it for the mere fact of scams.

    • @rrdevries100
      @rrdevries100 Před 4 lety

      @@seaflowful You're right, some people may not mind.

  • @sonomacalendar9949
    @sonomacalendar9949 Před 4 lety +2

    Experienced landlords are experienced because they have experienced experience

  • @BrucexfromxCanada
    @BrucexfromxCanada Před 7 lety

    As a 72 year old retired electronic technician in the greater Montreal area...
    Quebec has very strict landlord tenant laws. For all dwellings deemed residential, leases must use the standard lease of Quebec, and there are various limitations to modifucations allowed in that lease.
    Security deposits are simply not allowed, nor are post datyed cheques or other imposed up front means of demanding money.
    Lanlords are allowed a small percentage of increase each year, and they are also allowed to factor in the cost of renovations. However the renovations must be amortized over about 25 years, sand the benefits of those renovations don't last anywhere near that long, so the landlords see themselves as losing money. (as once told me by a commercial real estate dealer)
    That perceived loss is a loss in the direct sends but the conflict is really between the landlords and the government, and the tenants are left stuck in the middle of an ever worsening situation. (More on that later).
    There are landlords whose attitude has been especially abusive, and there are landlords whose attitudes are mor moderate.
    All this has a LONG history, and was born of landlord abuses that became serious enough to threaten the general economy, so the government had to intervene.
    However there are always 2 sides to the coin, and also that extends to every sub-issue and level which appears. (the latter all too often forgotten by many).
    This sounded like a solution, but far from that. Immediately there was an ongoing power struggle between the government and the landlords.
    Simply put IMHO while this started with landlords, the government in doing what it had to do, went too far and imposed a socio-economic burden on the landlords that was out of line
    Quebec is a poor province but that is the omni-faulted sin of many sides, so there is no real solurtion until all sides can be SIMULTANEOUSLY put in their righful place, and currently there is no source of authoritarian power able to do that (as with how many other places!?)
    Also, IMHO, the Federal government has a bad hand in the Quebec situation also, in that they have played laissez-faire all too often with Quebec.
    (Ultimately there are many issues and conflicts that are polarized. That word I first heard from a newscaster during the time of the Kosovo crisis. In that dispute, Milosovic was committing a lot of human rights atrocities, and so for others, the adage "What we tolerate, we condone." was germane (although it is not always germane, but often is)
    And so the military used air strikes to subdue Milosevik into a series of truces, which were not honoured, until the last one when Milosevik had lost his support from the ongoing violence, and had no choice but to let go once and for all, albeit after much destruction.)
    Much is said about the Millennials and the workplace, but if anyone truly follows it, they might well realize that what the millennials really are as people, not on;ly pervades the workforce in numbers, but also will pervade what else they do with their lives, and that is their prerogative.
    Hence, landlords, it would so behoove you to think of this when it comes to renting your income properties.

  • @nonawolf7495
    @nonawolf7495 Před 5 lety +13

    My tip: Never give anyone a break (like letting a late payment slide without charging a late fee). It sets a bad tone, and people will expect more and more "favors". You are not friends - this is a business arrangement.

  • @mitenzouki
    @mitenzouki Před 7 lety +31

    So, I'm listening to her and if I was going to rent from someone that was doing all these things there is a very high probability that I would pass on whatever the property was. Protect yourself, sure, but don't make your customers feel like criminals. I don't shop at home depot for this very reason.

    • @vgrepairs
      @vgrepairs Před 5 lety +4

      wtf? home depot kicks ass

    • @majorkee3001
      @majorkee3001 Před 4 lety +6

      Sounds like someone who plans on living in rentals all their life would say

    • @D_Parks
      @D_Parks Před 4 lety

      Ridiculous

    • @insaneone4369
      @insaneone4369 Před 4 lety +1

      The consumers aren't criminals. The real criminals are the bankers, real estate investors and landlords. Unreal how the banks see themselves as heroic. We live in really bad times right now.

    • @insaneone4369
      @insaneone4369 Před 4 lety +2

      @@majorkee3001 Sounds like someone who is right about the state of the nation. Landlords are committing some of the biggest crimes right now not to mention real estate investors who SELL people property and not renters. Go fuck yourself you heartless coward.

  • @mikedevine6971
    @mikedevine6971 Před 7 lety

    THANK YOU!! This is wonderful!!

  • @cc9944
    @cc9944 Před 4 lety +1

    Hey wait a minute, my car needs a vacuuming, it's older and probably has a receipt here and there and I keep my house on POINT!!!!! It's so bad my husbands thinking about leaving me over it..(poor guys not allowed to eat after 6p, after 6pm the dishes are dried put away and the strainer is dried tipped upside down and stoppers are put in the sink to prevent moisture and smells lurking from pipes) then the spot where you ate must be swept...if your a messy eater, eat over the trash can... No exceptions. And do not get hair on my sink, it clogs the sink and looks unsightly ... But to say the least I am clean