You'd be better off if ya burned the sumbeech!!
- Thread starter TheGerman
- Start date
I rented out my home when I PCS'ed to Germany in 2001. When I returned in '05, aside from some minor maintenance it was in similar condition. Why?
Because the manager I used was a complete and utter bigot: if you did not have perfect credit he would not even talk to you. He taught me that people who have excellent credit usually go out of their way to keep it so. The only "problem I had was the last renters let the front yard get "weedy". I got hate mail from the City about that and I forwarded it to my manager. He took care of it and there were no further problems.
I realize not everyone has the option of using this technique, but it does work.
Because the manager I used was a complete and utter bigot: if you did not have perfect credit he would not even talk to you. He taught me that people who have excellent credit usually go out of their way to keep it so. The only "problem I had was the last renters let the front yard get "weedy". I got hate mail from the City about that and I forwarded it to my manager. He took care of it and there were no further problems.
I realize not everyone has the option of using this technique, but it does work.
You do realize that Bigotry in Real Estate language is referenced with racial or ethnicity discrimination and a HUD crime? Just sayin...
Ah, but in English (as opposed to "real estate language"), it also encompasses "an intolerant person: someone with strong opinions: someone who refuses to accept other views", such as the view that a garbage credit score means the renter will take care of one's property. Additionally, to discriminate against someone based on their creditworthiness is still legal...for now.
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I know that Yash, but seeing as you like your property manager, for his sake when talking to others about him you might want to use a different word. In Real Estate it doesn't take much for someone to get sued and people can be real retarded man.
Hey Nick, I don't like the way your talking to Yash..I think Im gonna sue.........
Rental update:
Signed the papers with the RE firm the other day and they may already have a lead; in the meantime had a person reply to one of my original ads and came by 15 minutes later because they lived down the street. Asked to have the credit done after walking around the house for 10 minutes; seems totally normal. We'll see what happens.
Signed the papers with the RE firm the other day and they may already have a lead; in the meantime had a person reply to one of my original ads and came by 15 minutes later because they lived down the street. Asked to have the credit done after walking around the house for 10 minutes; seems totally normal. We'll see what happens.
Good luck with it!
This brings back memories from when I was wet behind the years and too young to have the twins my wife and I had. We scraped by, barely, and rented a bottom flat in a rough part of the city of Poughkeepsie, NY. The landlord was a young married Italian guy who was obviously used to having crap renters. I did not want to live in squalor, so at first we had a couple heated discussions about my expectation that repairs would be done, if not by him, then by me, with cost of materials coming off the rent.
Apparently his wife, who spoke little English, realized that we were better than their usual suspects and used very colorful Italian to tell him that he would let us do what needed to be done. We then worked together to make the place much better than how it was when my wife and I first rented it.
About 5 years later we passed through that area again, and he had improved the whole place quite a bit. Even the whole neighborhood started looking better. Probably just coincidence, but I felt that just perhaps we had helped him towards bettering the place.
Just thought that I would share...
On a more relevant note, my wife and I are preparing to enter the same fray with a second home that we bought with our savings 6 years ago so that we could have her father live down the street from us instead of in a extended care home. He passed away in January, so we've been cleaning out his stuff and making changes to prepare for renting. Not necessarily because that is our first choice, but because our area was hit heavily by the housing recession and the home is worth less than what we currently owe on it.
An aside: Home values here locally dropped over 20% each year from 2006 until 2012. The market is just now starting to very slowly recover. I've already lost all of the considerable $$ equity we put in it and the additional $15K we spent renovating it for him to live in, so I'm not prepared to throw more money at someone just so they will take it off my hands.
In any case, I found the OP to be humorous and took it as the OP intended, a minor rant about the fun and games one may have to deal with when renting a property.
An aside: Home values here locally dropped over 20% each year from 2006 until 2012. The market is just now starting to very slowly recover. I've already lost all of the considerable $$ equity we put in it and the additional $15K we spent renovating it for him to live in, so I'm not prepared to throw more money at someone just so they will take it off my hands.
In any case, I found the OP to be humorous and took it as the OP intended, a minor rant about the fun and games one may have to deal with when renting a property.
edited post
nm, after reading further it seems others made my point. sorry for being trigger happy
nm, after reading further it seems others made my point. sorry for being trigger happy
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