I thought I would share my little experience from over the last couple of months which shows how quickly something can turn to S$$T :
So I had a couple renting one of my ips for probably over a year, always paid rent, house always well kept so running quite smoothly up untill start of dec.Then que a rent default. PM chases this up as it was very unusual. After a week or so of avoidence my pm finally gets thestory. The male has been locked up for stealing from his work place, sentenced to over a year, therfore she cant afford the rent.
She continues to pay in dribbs an drabs with a part time job untill it stops and can not contact her. breach notices are sent and a court hearing applied, being xmas time its a long process.
After a month of no contact, trying to find if shes still living there or abondend the place, she turns up at my pms office. My pm Suprised and expecting her to pay her rent or give us the house back to relet, was astounded to hear her request, as was I...........
If we could change her last name in the lease as she just married her bf in the prison.
WTF?.. really. Your a month behind in rent and still believe you have a lease?
cue another two weeks of no contact and still waiting for a court date to gain control of property.
After some help from the neighbours my Pm finally catches her drinking at the house late one saturday night and gets her to sign a vacate notice with a date to be out by.
I flew to the property for a pre arranged inspection, since it was the first legal time we could gain access. First mistake wearing shorts an sandals. Within seconds of entering, our legs up to our knees were black, covered in fleas, dishes stacked high, *****everywhere etc etc quite upsetting really.
So we then get access and spend 4k on pest treatment, rubbish removal, cleaning and lawns, new oven and some repairs etc. Go to court armed with photos and receipts etc Tenant doesnt show, juge awards costs for cleaning and some of the lawns as she thought this figure was fair, despite the invoices for actual amount. Then schedules a new hearing for rest of the costs to give tenant time to appeal them.
suprise suprise the tenant shows up to the next hearing, and doesnt challenge anything. I was awarded all costs, to be paid weekly by them at wait.......
$10 per week for an amount of over 3k. Yea thanks judge of got nothing better to do then wait around for the next 6 years to get paid.
On a positive note, it leased very quickly at a higher rent.
Put it down to an experience in this business and move on, not worth stressing over.
Cue dazz... commercial this commercial that...
thanks for reading cheers
So I had a couple renting one of my ips for probably over a year, always paid rent, house always well kept so running quite smoothly up untill start of dec.Then que a rent default. PM chases this up as it was very unusual. After a week or so of avoidence my pm finally gets thestory. The male has been locked up for stealing from his work place, sentenced to over a year, therfore she cant afford the rent.
She continues to pay in dribbs an drabs with a part time job untill it stops and can not contact her. breach notices are sent and a court hearing applied, being xmas time its a long process.
After a month of no contact, trying to find if shes still living there or abondend the place, she turns up at my pms office. My pm Suprised and expecting her to pay her rent or give us the house back to relet, was astounded to hear her request, as was I...........
If we could change her last name in the lease as she just married her bf in the prison.
WTF?.. really. Your a month behind in rent and still believe you have a lease?
cue another two weeks of no contact and still waiting for a court date to gain control of property.
After some help from the neighbours my Pm finally catches her drinking at the house late one saturday night and gets her to sign a vacate notice with a date to be out by.
I flew to the property for a pre arranged inspection, since it was the first legal time we could gain access. First mistake wearing shorts an sandals. Within seconds of entering, our legs up to our knees were black, covered in fleas, dishes stacked high, *****everywhere etc etc quite upsetting really.
So we then get access and spend 4k on pest treatment, rubbish removal, cleaning and lawns, new oven and some repairs etc. Go to court armed with photos and receipts etc Tenant doesnt show, juge awards costs for cleaning and some of the lawns as she thought this figure was fair, despite the invoices for actual amount. Then schedules a new hearing for rest of the costs to give tenant time to appeal them.
suprise suprise the tenant shows up to the next hearing, and doesnt challenge anything. I was awarded all costs, to be paid weekly by them at wait.......
$10 per week for an amount of over 3k. Yea thanks judge of got nothing better to do then wait around for the next 6 years to get paid.
On a positive note, it leased very quickly at a higher rent.
Put it down to an experience in this business and move on, not worth stressing over.
Cue dazz... commercial this commercial that...
thanks for reading cheers