Everyone I know does. Yes in day one you pay market rate. But I had a great tenant from 2013 to 2018 never raises rent. My new tenant I only raised once since 2018, this year as they got “needy” started calling in a bunch of stuff and causes me around $3,000 in repair bills. So I raised rent and told them partially to recoup cost. Since then no more calls. |
You're a jerk. Asking for you to repair YOUR property isn't needy. Just admit that you're a slum lord. |
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Yeah no this is BS
run away, this greedy landlord doesn't want to take care of their property. Tell him to get a job |
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I was recently a renter before buying again and never encountered something like this. If I had, I would have walked.
A security deposit should suffice for any reasonable landlord. |
do they define minor maintenance repairs? what does incurred by tenant mean? if three previous tenants put grease down the sink and then there is a problem how do you know its the current tenant? |
| I understand the concept, but this seems like it would encourage people not to call in things that need fixing and would lead to far bigger problems down the line. If I see a leak in the bathroom and you're going to charge me to get someone to fix it, then I'm way less compelled to reach out about it. Landlord loses here. |
Yeah, "major" problems -- but the lease talks about minor repairs. So you ignore the minor problems, and only report when they become major problems. |
Tenant can say they didn’t notice the small stuff (wet area under the sink, puddle of water on the side of the house, new noises). |
This is a really good point. |
| NP here. Above is a good point. I think the lease term means nothing about what type of landlord they are - some are good, some are bad. Do not pass up an otherwise good living choice based on this language. You just won't know, not until you've lived it. |
| If this were legal every large professionally managed apartment building would do it. This just screams “I can’t afford to live out my TikTok real estate empire dreams” |
This so much. All these landlords inconvenienced by humans and their needs for safety, dignity, and comfort. |
Charging $300 a month under market I don’t expect to be bothered all the time. I only moved then up $100 a month so they get the hint. |
Slumlord. |
Because too many landlord see rent as passive income. There is no such thing as passive income. |