The log house which my wife wound up with after her mother died - and into
which we have been pouring money, lo, these many months - is now ready to
sell or rent. Given the market, it is most likely to be rented. I have
only rented two unfurnished apartments in my life and that was years ago.
The first was totally bare...no stove, no fridge, no drapes, no nothing.
The second had drapes - rather nice ones - and a stove but no fridge.
Having no experience as either a renter or landlord, I would appreciate
knowing what you would expect if you were looking to rent an unfurnished
house.
Drapes?
Stove?
Microwave?
Dishwasher?
Fridge?
Washer & dryer?
Washer and dryer hookups only?
Anything else?
I'd also appreciate knowing if you would expect to do any of these yourself.
Change air filters? Buy them?
Maintain salt level in water softener? Buy the salt?
Cut the grass?
What other maintenance or repair?
Thanks for your time
--
dadiOH
____________________________
dadiOH's dandies v3.06...
...a help file of info about MP3s, recording from
LP/cassette and tips & tricks on this and that.
Get it at http://mysite.verizon.net/xico
On Tue, 01 May 2012 02:27:07 -0400, Dave <[email protected]> wrote:
>On Mon, 30 Apr 2012 23:21:50 -0400, "[email protected]"
>>No, a 'fridge is not usually necessary to get a CO. Stove, yes.
>
>I didn't follow the beginning of this thread, so I don't know what a
>"CO" is, but the last three rentals I've been in have always included
>a stove and a fridge. That's been over a span of thirtyfive years. But
>then, they were all apartments.
CO == Certificate of Occupancy - the piece of paper that grants you the
privilege of living in your own home.
>I think a house may fall under a different set of consideration
>criteria when rental is considered. In my experience, cooking,
>refrigeration and heating are considered minimum 'must haves'.
It certainly varies by jurisdiction as do tenant's rights and the whole nine
yards.
On 4/29/2012 10:10 AM, Duesenberg wrote:
> On 4/29/2012 9:57 AM, Stuart Wheaton wrote:
>> On 4/29/2012 6:49 AM, dadiOH wrote:
>
>>
>> I lean towards no unless the market demands it. These get beat up and
>> turn into a maintenance hassle. I presume their is a laundry-mat
>> somewhere? In a multi-family I provide a commercial quality unit in a
>> public area.
>
> One of my old landlords had a multi-unit house and he provided us with
> a coin operated washing and dryer. No way would I go to a laudromat
> so I appreciated having that laundry room provided. Probably one of
> the reasons I stayed there 6 years.
<g> I lived in a small efficiency with the laundry room directly across
the patio. Furnished with all utilities paid for $75/mth. Clean too.
Swingman wrote:
> On 5/1/2012 7:52 PM, Mike Marlow wrote:
>
>> The topic was about renting. See the difference?
>
> Hey, Mike ... what's with all this sudden net nanny shit and topic
> police crap??
>
> Take a break, man ...
Maybe so...
--
-Mike-
[email protected]
On Wed, 02 May 2012 15:43:40 -0600, Just Wondering
<[email protected]> wrote:
>On 5/2/2012 2:08 PM, Oren wrote:
>> On Wed, 02 May 2012 13:43:01 -0600, Just Wondering
>> <[email protected]> wrote:
>>
>>> Anyone reading this thread for advice, rather than just to shoot the
>>> breeze, needs to consult an attorney.
>> True. Although some states require no attorney for real estate
>> transactions.
>But this thread is discussing homestead exemptions as a means to protect
>assets from creditors. A non-attorney real estate agent can close a
>sale, but cannot give advice on homesteads. And since homestead
>exemptions vary by state, what happens in, say, Texas is irrelevant if
>you don't live in Texas.
On Apr 29, 6:49=A0am, "dadiOH" <[email protected]> wrote:
> The log house which my wife wound up with after her mother died - and int=
o
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. =A0Given the market, it is most likely to be rented. =A0I h=
ave
> only rented two unfurnished apartments in my life and that was years ago.
>
> =A0 The first was totally bare...no stove, no fridge, no drapes, no nothi=
ng.
>
> =A0 The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> =A0 Drapes?
> =A0 Stove?
> =A0 Microwave?
> =A0 Dishwasher?
> =A0 Fridge?
> =A0 Washer & dryer?
> =A0 Washer and dryer hookups only?
> =A0 Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourse=
lf.
> =A0 Change air filters? =A0Buy them?
> =A0 Maintain salt level in water softener? =A0Buy the salt?
> =A0 Cut the grass?
> =A0 What other maintenance or repair?
>
> Thanks for your time
>
> --
>
> dadiOH
> ____________________________
>
> dadiOH's dandies v3.06...
> ...a help file of info about MP3s, recording from
> LP/cassette and tips & tricks on this and that.
> Get it athttp://mysite.verizon.net/xico
First thing, check the law. Generally (but YMMV) in the US you can't
rent without a certificate of occupancy and that normally specifies a
working kitchen. There may be other requirements in your locality
specific to rentals.
Swingman wrote:
> On 5/1/2012 8:04 PM, Mike Marlow wrote:
>> Swingman wrote:
>>> On 5/1/2012 7:52 PM, Mike Marlow wrote:
>>>
>>>> The topic was about renting. See the difference?
>>>
>>> Hey, Mike ... what's with all this sudden net nanny shit and topic
>>> police crap??
>>>
>>> Take a break, man ...
>>
>> Maybe so...
>
> We all take a turn in that barrel ... we still love you, Bubba. ;)
Thanks Brother! Not that it's really of any interest to anyone here, but
this has been the week from hell. Trying to quit smoking, and have been
battleing a paint job that has just been giving me fits. Weather anomolies,
the freaks of chemical reactions with catalytic paints, and all that. I've
spent more time on this simple job than a major job would have taken. In
fact - I'm just tonight getting to the point where I can expect to shoot it
into color and clear again tomorrow. All this for $150! Oh well - it's how
it goes. I'm sure Robert can attest to the ups and downs of painting, and
everyone of us has experienced similar crap with wood, as well. Sometimes,
it's all gold and sometimes it looks a bit more brownish....
Put the two together and I have been a complete ass hole for moments here
and there throughout my days lately. Sorry to the group for that coming
through here. Can't wait until I get back to my normal mostly asshole self
and shed this complete asshole thing...
--
-Mike-
[email protected]
dadiOH wrote:
>
> Having no experience as either a renter or landlord, I would
> appreciate knowing what you would expect if you were looking to rent
> an unfurnished house.
I haven't rented in 30 years, but I do know people who play renters on TV.
Here's my take...
>
> Drapes? - Not necessary.
> Stove? - Yes. In fact, I think it would be hard to rent without one.
> Microwave? - Nope - That's a small appliance. Renter brings their own.
> Dishwasher? - Not really necessary, but certainly desireable.
> Fridge? - Yup - just like a stove.
> Washer & dryer? Like a dishwasher - not really necessary, but
> desireable.
> Washer and dryer hookups only? If you're not going to include a washer
> and dryer, it's probably better for you to provide the hookups so that a
> "talented" renter doesn't take it upon himself to DIY that job.
> Anything else? - Nothing else comes to mind.
>
> I'd also appreciate knowing if you would expect to do any of these
> yourself.
> Change air filters? I have done this kind of thing in the past, but I
> don't know how most renters would really feel about it. In the end, it's
> probably owner and not renter responsibility.
> Buy them? - Owner's responsibility.
> Maintain salt level in water softener? Buy the salt? - Owner's
> responsibility on both counts.
> Cut the grass? - In a house-for-rent situation like yours, I would think
> the lawn mowing is the renter's responsibility. It always was when I was
> renting years ago. So was snow shoveling, plowing, etc.
> What other maintenance or repair? For the most part, maintenance and
> repair are all the responsibility of the owner, not the renter. That
> might even be in your best interest, depending of the tenant.
--
-Mike-
[email protected]
On Tue, 01 May 2012 13:07:19 -0700, Oren <[email protected]> wrote:
>On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
>wrote:
>
>>I'm facing the same question, whether I can or should sell a house in
>>this awful market or try to rent it out to carry for a couple of
>>years, and if so just what to include.
>
>Become the banker. Sell the cabin to the renter. If you hold the paper
>know when to foreclose.
>
As long as you know that a bankruptcy can stop a foreclosure dead in
its tracks (well at least in Texas). Going thru this now for the 2nd
time on a house I hold the paper to.
Stuart Wheaton wrote:
> On 4/29/2012 6:49 AM, dadiOH wrote:
>
>
> However, the other side of the coin is that if you do these things,
> you will have a reason to go inside and 'inspect' the condition of
> your property on a regular basis. The hassle is that you will need to
> co-ordinate, or at least advise your tenant about the times and days
> you plan to visit, and the law usually requires you to give 24 hours
> notice except in case of emergency.
>
Where in the hell did you come up with this idea? Show me anywhere that any
law says that just by mowing the lawn, you have any right to "inspect" your
tenant's property. That was just... well.. dumb...
--
-Mike-
[email protected]
Dave wrote:
> On Mon, 30 Apr 2012 00:24:51 -0400, "Mike Marlow"
>> Where in the hell did you come up with this idea? Show me anywhere
>> that any law says that just by mowing the lawn, you have any right
>> to "inspect" your tenant's property. That was just... well..
>> dumb...
>
> Don't know about down there, but that 'dumb' law as you phrase it
> exists up here. With a 24 hour notice, the superintendent can come in
> and inspect a number of things, the primary one being the in suite
> fire alarm.
Well - that's with notice, which is not what the previous comment was.
--
-Mike-
[email protected]
On 4/29/2012 3:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer& dryer?
> Washer and dryer hookups only?
> Anything else?
A stove and refrigerator is expected in a rental. A dishwasher, washer,
and dryer make it easier to rent and for a higher price. But expect to
spend money maintaining those appliances.
The dishwasher is what I've consistently had the most trouble with. I'm
on the fourth one after renting the place our for 18 years. For the
washer and dryer I did something really smart--I went to a commercial
laundry supplier and bought a commercial washer and dryer. They were
about 2X the price of consumer models, but they are built far better
because they are designed for continuous use in commercial environments.
They have stood up to anything the tenants could throw at them, and have
required none of my time to repair.
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
All of that is expected of the landlord but you could negotiate with the
tenant to do those things. Some tenants will call you for every little
thing, a loose faucet handle, the chain coming off of the flusher on the
toilet, cob webs blocking the electric eye of the garage door opener.
Some will take care of that stuff themselves.
On 5/2/2012 12:13 PM, Oren wrote:
> On Tue, 1 May 2012 16:50:33 -0500, "HeyBub"<[email protected]>
> wrote:
>
>> Doug wrote:
>>> On Tue, 01 May 2012 13:07:19 -0700, Oren<[email protected]> wrote:
>>>
>>>> On Tue, 01 May 2012 12:47:34 -0700, JRStern<[email protected]>
>>>> wrote:
>>>>
>>>>> I'm facing the same question, whether I can or should sell a house
>>>>> in this awful market or try to rent it out to carry for a couple of
>>>>> years, and if so just what to include.
>>>> Become the banker. Sell the cabin to the renter. If you hold the
>>>> paper know when to foreclose.
>>>>
>>>
>>> As long as you know that a bankruptcy can stop a foreclosure dead in
>>> its tracks (well at least in Texas). Going thru this now for the 2nd
>>> time on a house I hold the paper to.
>> In Texas, a homestead declaration can protect a home from seizure in
>> bankruptcy or other debt, with three exceptions:
>> 1. Taxes,
>> 2. A loan to BUY the property,
>> 3. A loan to IMPROVE the property.
>>
>> Florida has the same or similar protections. I don't know about other
>> states.
>>
> I'm not sure if a rental property is eligible for a declaration of
> homestead? Generally a primary residence.
>
> My state* you have to record the homestead at the local clerk's
> office.
>
> My basic understanding is that the owner's equity is protected from
> creditors.
>
Anyone reading this thread for advice, rather than just to shoot the
breeze, needs to consult an attorney.
On 5/2/2012 2:08 PM, Oren wrote:
> On Wed, 02 May 2012 13:43:01 -0600, Just Wondering
> <[email protected]> wrote:
>
>> Anyone reading this thread for advice, rather than just to shoot the
>> breeze, needs to consult an attorney.
> True. Although some states require no attorney for real estate
> transactions.
But this thread is discussing homestead exemptions as a means to protect
assets from creditors. A non-attorney real estate agent can close a
sale, but cannot give advice on homesteads. And since homestead
exemptions vary by state, what happens in, say, Texas is irrelevant if
you don't live in Texas.
On 5/2/2012 5:07 PM, Oren wrote:
> On Wed, 02 May 2012 15:43:40 -0600, Just Wondering
> <[email protected]> wrote:
>
>> On 5/2/2012 2:08 PM, Oren wrote:
>>> On Wed, 02 May 2012 13:43:01 -0600, Just Wondering
>>> <[email protected]> wrote:
>>>
>>>> Anyone reading this thread for advice, rather than just to shoot the
>>>> breeze, needs to consult an attorney.
>>> True. Although some states require no attorney for real estate
>>> transactions.
>> But this thread is discussing homestead exemptions as a means to protect
>> assets from creditors. A non-attorney real estate agent can close a
>> sale, but cannot give advice on homesteads. And since homestead
>> exemptions vary by state, what happens in, say, Texas is irrelevant if
>> you don't live in Texas.
> The agent can advise of the policy.
>
>
I don't think so. Seems to me that unlike closing a sale, that would be
practicing law without a license, which is illegal. Or do you know of a
statute in your home state to the contrary?
On 4/29/2012 5:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer& dryer?
> Washer and dryer hookups only?
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
> Thanks for your time
>
>
Kansas landlord here. We typically will equip a house as follows:
Stove,
Dishwasher (if there was a place for one) But i have purchased one
portable for one of our properties.
Washer and dryer hookups only
Air filters come as a gray area to me. It's in the best interest of the
equipment to change them regularly, but it's also in the contract that
the tenant will take care of regular maintenance items. So far, all my
tenants have been good about changing them. As for the whole house
waterfilters, i supply the replacement elements, as our area has some
real old iron lines and rust is a problem. I figure a couple bucks
twice a year help extend the life of the water heaters. No water
softeners here, but if there were one, i'd expect them to buy that
product needed. Of course mowing is the tenants responsibility. This is
not a maintainance provided operation. Here's my paragraph #20 in our
contract:
20. Maintenance and Repair. Lessee will, at his sole expense, keep and
maintain the leased premises and appurtenances in good and sanitary
condition and repair during the term of this lease and any renewal
thereof. In particular, Lessee shall keep the fixtures in the house or
on or about the leased premises in good order and repair; keep the
furnace clean; keep the electric bills in order; keep the walks free
from dirt and debris; and, at his sole expense, shall make all required
repairs to the plumbing, range, heating, apparatus, and electric and gas
fixtures whenever damage thereto shall have resulted from Lessees
misuse, waste, or neglect or that of his employee, family, agent, or
visitor. Major maintenance and repair of the leased premises, not due to
Lessees misuse, waste, or neglect or that of his employee, family,
agent, or visitor, shall be the responsibility of Lessor or his assigns.
Lessee agrees that no signs shall be placed or painting done on or about
the leased premises by Lessee or at his direction without the prior
written consent of Lessor.
--
Steve Barker
remove the "not" from my address to email
HeyBub wrote:
> Doug wrote:
>> On Tue, 01 May 2012 13:07:19 -0700, Oren <[email protected]> wrote:
>>
>>> On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
>>> wrote:
>>>
>>>> I'm facing the same question, whether I can or should sell a house
>>>> in this awful market or try to rent it out to carry for a couple of
>>>> years, and if so just what to include.
>>>
>>> Become the banker. Sell the cabin to the renter. If you hold the
>>> paper know when to foreclose.
>>>
>>
>>
>> As long as you know that a bankruptcy can stop a foreclosure dead in
>> its tracks (well at least in Texas). Going thru this now for the
>> 2nd time on a house I hold the paper to.
>
> In Texas, a homestead declaration can protect a home from seizure in
> bankruptcy or other debt, with three exceptions:
> 1. Taxes,
> 2. A loan to BUY the property,
> 3. A loan to IMPROVE the property.
>
> Florida has the same or similar protections. I don't know about other
> states.
The topic was about renting. See the difference?
--
-Mike-
[email protected]
Richard wrote:
> Very important for seniors and disabled. Remember to vote AND look
> for this on the ballot.
>
> You MUST vote in May to keep the Homestead tax cap for 65 and over,
> even if you are not 65 yet. If you are a Texas homeowner then this is
> important to YOU, no matter what your current age, or if you are
> disabled or not. It WILL BENEFIT YOU in the future. It is also very
> important to your relatives/friends who are in one of these groups
> already. If you agree, please pass along to all on your TEXAS
> Residents email lists.
>
> I am sending this email to everyone on my email address list who lives
> in Texas.
No - you sent this to a usenet newsgroup. What is important to you guys in
Texas or wherever, should be kept to emai, not here.
--
-Mike-
[email protected]
On Mon, 30 Apr 2012 23:21:50 -0400, "[email protected]"
>No, a 'fridge is not usually necessary to get a CO. Stove, yes.
I didn't follow the beginning of this thread, so I don't know what a
"CO" is, but the last three rentals I've been in have always included
a stove and a fridge. That's been over a span of thirtyfive years. But
then, they were all apartments.
I think a house may fall under a different set of consideration
criteria when rental is considered. In my experience, cooking,
refrigeration and heating are considered minimum 'must haves'.
Norminn wrote:
>
> That could be a hassle...landlord over every week at HIS convenience
> to cut the grass? What if renter sleeps days? I'm thinking of all
> kinds of reasons not to rent this home :o)
>
At HIS convenience - to do something for you? You should probably continue
living in mommy's basement.
--
-Mike-
[email protected]
On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]> wrote:
>The log house which my wife wound up with after her mother died - and into
>which we have been pouring money, lo, these many months - is now ready to
>sell or rent. Given the market, it is most likely to be rented. I have
>only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer & dryer?
> Washer and dryer hookups only?
> Anything else?
>
>I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
>Thanks for your time
Kitchen appliances are a must. You may find that, at least some, are required
by law. Washer and dryer hookups are a nice bonus. If you can put them in
easily, do it. It may sell the place.
Maintenance, probably not. Air filters? Well, if they're paying the utility
bills (highly recommended) let them buy the filters. Cut the grass, yes, you
can ask the tenant to do that but expect it to weed out some potential
renters. Salt is a tough one. If they don't maintain it, they'll have hard
water but I don't see how you can force the issue.
Drapes, at least put in *good* curtain rods. You don't want each tenant
drilling holes to mount their own. Also specify in the lease that they're not
to hang their own. I've found that many rentals get around this with blinds.
They're expensive and can be damaged, but that's what the security deposit is
for. Put it in the lease and that you will make sure they're clean on
move-out. If you provide the drapes, expect to have to clean them between
each tenant.
If possible, as part of the lease, or an addendum, have a list of charges for
cleaning the apartment. There are some things you probably can't do,
depending on your jurisdiction, but the kitchen should be clean (including the
oven), as should the bathroom. The floors should be "swept clean" (vacuumed).
On Tue, 1 May 2012 20:58:42 -0400, "Mike Marlow"
<[email protected]> wrote:
>Doug wrote:
>
>>
>> I'm the mortgage holder so that qualifies as #2 but the mortgagee also
>> owes property taxes so while I tried to foreclose and am the first
>> lien holder, taxes still take priority over my position.
>
>Well, that certainly sucks, but that' s far cry from renting - which is what
>this thread is about.
Right and I already answered his post with my 25 yrs + experience
managing properties in Texas. How bout you?
On Sat, 5 May 2012 13:29:26 -0400, "Stormin Mormon"
<cayoung61***[email protected]> wrote:
>Any of those license plates from California, the land of fruits and nuts?
>
>Christopher A. Young
>Learn more about Jesus
> www.lds.org
>.
>
>"Doug" <[email protected]> wrote in message
>>
>>We Texans try to be a light unto the nation...
>>
>
>Is that why I see all the outa state license plates around Houston,
>Texas? Maybe the last one out of their state shuts down his power
>grid and then aims for the light <grin>.
>
Not too many but I've seen some.
On 4/29/2012 9:57 AM, Stuart Wheaton wrote:
> On 4/29/2012 6:49 AM, dadiOH wrote:
>> The log house which my wife wound up with after her mother died - and
>> into
>> which we have been pouring money, lo, these many months - is now ready to
>> sell or rent. Given the market, it is most likely to be rented. I have
>> only rented two unfurnished apartments in my life and that was years ago.
>>
>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>
>> The second had drapes - rather nice ones - and a stove but no fridge.
>>
>> Having no experience as either a renter or landlord, I would appreciate
>> knowing what you would expect if you were looking to rent an unfurnished
>> house.
>
> This depends greatly on how you structure the deal, and what market you
> are trying to rent into. If you are doing lease-option you can rent it
> the way you might sell it. If the other places on the market include
> fridges and stoves and other amenities, you probably need to provide
> them to be competitive.
>
> On the other hand, if you are looking for a tenant that already has
> those things, they are relocating, or got foreclosed out of their
> current home, perhaps they already have the stove and fridge...
>
>
>>
>> Drapes?
>
> Not a high priority with me. Some window treatment is good, I have
> apartments and I provide white blinds... Fabric would not be my first
> choice, it fades, gets chewed up, and absorbs odors. Plus, it greatly
> impacts other design choices. I tend to keep all MY design elements more
> neutral so the tenant can push the rooms to their style without painting.
>
>
>> Stove?
>
> Probably yes, but compare to the other properties on the market.
>
>> Microwave?
>
> Unless it is built-in, no.
>
>> Dishwasher?
>
> See micro-wave...
>
>> Fridge?
>
> See Stove...
>
>> Washer& dryer?
>
> I lean towards no unless the market demands it. These get beat up and
> turn into a maintenance hassle. I presume their is a laundry-mat
> somewhere? In a multi-family I provide a commercial quality unit in a
> public area.
>
>
>> Washer and dryer hookups only?
>
> Yes. Make it easy to tie in.
>
>
>> Anything else?
>>
>> I'd also appreciate knowing if you would expect to do any of these
>> yourself.
>> Change air filters? Buy them?
>
> In a stand-alone house, I would place this responsibility on the tenant.
> The replacement of filters makes the system work better for them and
> does not greatly affect how long it lasts for you.
>
>
>> Maintain salt level in water softener? Buy the salt?
>
> If the water is so hard it will close up pipes and faucets, it might be
> worth doing, if it is merely for comfort... it is their problem.
>
>> Cut the grass?
>
> If the house is nearby, and easy to cut, you can do it, otherwise, I see
> this as the difference between renting a house, and renting an
> apartment. When you rent a house, you assume more of the duties of
> normal operation.
That could be a hassle...landlord over every week at HIS convenience to
cut the grass? What if renter sleeps days? I'm thinking of all kinds
of reasons not to rent this home :o)
>
>
> However, the other side of the coin is that if you do these things, you
> will have a reason to go inside and 'inspect' the condition of your
> property on a regular basis. The hassle is that you will need to
> co-ordinate, or at least advise your tenant about the times and days you
> plan to visit, and the law usually requires you to give 24 hours notice
> except in case of emergency.
>
>
>> What other maintenance or repair?
>>
>
> I would require that any repairs be done by the landlord or his agents.
> You might get a tenant with the skills and tools to do this, but you
> will probably get a guy who leaves a more expensive repair than the
> proper tradesman would have cost in the first place. Besides, you want
> to know what work is being done.
>
>
>> Thanks for your time
>>
>>
>
On Wed, 02 May 2012 13:43:01 -0600, Just Wondering
<[email protected]> wrote:
>Anyone reading this thread for advice, rather than just to shoot the
>breeze, needs to consult an attorney.
True. Although some states require no attorney for real estate
transactions.
Norminn wrote:
> On 4/30/2012 12:28 AM, Mike Marlow wrote:
>> Norminn wrote:
>>
>>>
>>> That could be a hassle...landlord over every week at HIS convenience
>>> to cut the grass? What if renter sleeps days? I'm thinking of all
>>> kinds of reasons not to rent this home :o)
>>>
>>
>> At HIS convenience - to do something for you? You should probably
>> continue living in mommy's basement.
>>
>>
> Years ago, I had a landlord who did really awful work on his rentals.
> Retired farmer, impersonal as heck. Decided to install "windbreaks"
> on both sides of front door so storm door would stop blowing off. He
> slapped in 4x4 posts and unfinished particle board. On Thanksgiving
> Day. Hideous. Of course, the p.b. came apart from the elements so I
> took it down and put up wood trellis. Looked half-way decent and did
> the job. Shortly after I finished painting most of interior, he
> bought a truckload of windows to replace the alum. original windows. NONE
> of
> the new windows were same size as original....he left the new windows
> piled in the yard for months before he had them installed. Of course,
> they warped even though wrapped in plastic. Since they were different
> sizes, he had some patches of wallboard slapped in. Finished off with
> new trim stained dark walnut, no varnish, that didn't match anything.
> Truly hideous. Being either a renter or a landlord can be a
> crap-shoot :o)
Yup - it sure can be. In our past, we've had great ones and we've had
miserable ones. Stories like yours are not uncommon. But... that speaks
more to the person than the issue of renting. Don't it really suck when
guys like that do what they do?
--
-Mike-
[email protected]
On 5/1/2012 8:04 PM, Mike Marlow wrote:
> Swingman wrote:
>> On 5/1/2012 7:52 PM, Mike Marlow wrote:
>>
>>> The topic was about renting. See the difference?
>>
>> Hey, Mike ... what's with all this sudden net nanny shit and topic
>> police crap??
>>
>> Take a break, man ...
>
> Maybe so...
We all take a turn in that barrel ... we still love you, Bubba. ;)
--
www.eWoodShop.com
Last update: 4/15/2010
KarlCaillouet@ (the obvious)
http://gplus.to/eWoodShop
On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]>
wrote:
>The log house which my wife wound up with after her mother died - and into
>which we have been pouring money, lo, these many months - is now ready to
>sell or rent. Given the market, it is most likely to be rented. I have
>only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer & dryer?
> Washer and dryer hookups only?
> Anything else?
>
>I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
>Thanks for your time
Check the want ads under rental ptoperty and see what similar
properties (size, location) include and what the ballpark rent should
be.
Better yet, see if there's a real estate agent who deals in rental
property and get their opinion on how the house should be equipped.
On 5/1/2012 7:13 PM, HeyBub wrote:
> Slight correction:
>
> "Officials at the Office of the Secretary of State say e-mails circulating
> about a Homestead Exemption Tax Amendment are fake.
> "The e-mail in question says voters must choose whether or not to keep the
> homestead tax cap for people 65 and older. Spokeswoman Ashley Burton said
> that the e-mails are completely false and that there are no statewide
> initiatives on the ballot for the May election."
>
> http://www.statesman.com/blogs/content/shared-gen/blogs/austin/cityhall/entries/2009/04/24/secretary_of_state_homestead_e.html
>
>
Ok, my apologies for rabble rousing.
But we won - so it's a good thing too.
Sorry.
Doug wrote:
> On Wed, 2 May 2012 06:27:06 -0500, "HeyBub" <[email protected]>
> wrote:
>
>> Mike Marlow wrote:
>>>>
>>>> I am sending this email to everyone on my email address list who
>>>> lives in Texas.
>>>
>>> No - you sent this to a usenet newsgroup. What is important to you
>>> guys in Texas or wherever, should be kept to emai, not here.
>>
>> We Texans try to be a light unto the nation...
>>
>
> Is that why I see all the outa state license plates around Houston,
> Texas? Maybe the last one out of their state shuts down his power
> grid and then aims for the light <grin>.
Could be. Incidentally, these immigrants learn right away to lay off the
horn. Many of the objects of their impatience are armed.
On 4/30/2012 10:21 PM, [email protected] wrote:
> On Sun, 29 Apr 2012 21:13:33 -0700 (PDT), "J. Clarke"<[email protected]>
> wrote:
>
>> On Apr 29, 6:49 am, "dadiOH"<[email protected]> wrote:
>>> The log house which my wife wound up with after her mother died - and into
>>> which we have been pouring money, lo, these many months - is now ready to
>>> sell or rent. Given the market, it is most likely to be rented. I have
>>> only rented two unfurnished apartments in my life and that was years ago.
>>>
>>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>>
>>> The second had drapes - rather nice ones - and a stove but no fridge.
>>>
>>> Having no experience as either a renter or landlord, I would appreciate
>>> knowing what you would expect if you were looking to rent an unfurnished
>>> house.
>>>
>>> Drapes?
>>> Stove?
>>> Microwave?
>>> Dishwasher?
>>> Fridge?
>>> Washer& dryer?
>>> Washer and dryer hookups only?
>>> Anything else?
>>>
>>> I'd also appreciate knowing if you would expect to do any of these yourself.
>>> Change air filters? Buy them?
>>> Maintain salt level in water softener? Buy the salt?
>>> Cut the grass?
>>> What other maintenance or repair?
>>>
>>> Thanks for your time
>>>
>>> --
>>>
>>> dadiOH
>>> ____________________________
>>>
>>> dadiOH's dandies v3.06...
>>> ...a help file of info about MP3s, recording from
>>> LP/cassette and tips& tricks on this and that.
>>> Get it athttp://mysite.verizon.net/xico
>>
>> First thing, check the law.
>
> Good idea.
>
>> Generally (but YMMV) in the US you can't
>> rent without a certificate of occupancy and that normally specifies a
>> working kitchen.
>
> No, a 'fridge is not usually necessary to get a CO. Stove, yes.
>
>> There may be other requirements in your locality
>> specific to rentals.
>
> Yes.
>
None of this CO business in Kansas nor missouri. not familiar with the
rest. sounds like bs.
--
Steve Barker
remove the "not" from my address to email
On 4/29/2012 6:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer& dryer?
> Washer and dryer hookups only?
> Anything else?
A lot would depend on location, comparable homes, whom you expect to
rent to....drapes, washer and dryer for a couple of kids just out of
college may be a negative...they would take down the drapes, toss 'em in
a box and put up blinds. Fridge...newbie leaves spoiled meat in the
fridge and ruins it. Stackable washer/dryer great for starter; hookup
for family with assets.
Forget drapes...they are very expensive, if decent, and easy to damage.
Install nice blinds...everyone needs window coverings and it can be a
major expense if they need to furnish their own. If they are long-term
and want drapes, offer to have rods installed. I would not want to buy
drapes for a rental home to get windows covered.
What to expect in a rental...fridge, range, (lucky to get washer and
dryer). Anyone can bring their own microwave, and I get along fine
without a dishwasher. Again, it depends...is this a FAMILY home, with 3
br? Furnish adequately for a family of four or five. One br
efficiency, then furnish for someone on the move.
Log home???!!!!
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
Sure.
> Maintain salt level in water softener? Buy the salt?
Have it delivered?
> Cut the grass?
Hire someone unless renter offers to do it for a discount.
> What other maintenance or repair?
Arrange with local plumber and electrician to be available for
emergencies unless you can do it 24/7....if the water heater or furnace
go while you are on vacation, etc.
>
> Thanks for your time
>
>
If charging a security deposit and/or cleaning deposit, state in the
lease what is required to get it back. Another post in the thread
mentioned security deposits, and it can be a bear...Michigan, from
personal experience, has very precise requirements about notice to
renter that the s.d. will be forfeited, terms for giving notice of same,
blah, blah, blah. Have an attorney draw up lease and advise re further
plans.
Pouring money into the home? Then sell it. Of course, if it is a
high-end rental, and you can screen renters to your satisfaction, then
eliminate all who have not remained in previous rental at least two
years. My brother lived in the same rental building 65 years; landlord
said he wished he could have been his tenant another 65.
I have rented, in my very young days, from some real clowns. Laws are a
bit better now. In my last rental, I painted/caulked the paintable
parts of the house, repaired badly installed doors, took care of
landscaping, etc.
Must be rentals. Last year my rental had Missouri plates when I was in
Houston.
<snip>
>> We Texans try to be a light unto the nation...
>>
>
> Is that why I see all the outa state license plates around Houston,
> Texas? Maybe the last one out of their state shuts down his power
> grid and then aims for the light<grin>.
Play pretend renter and call around to other adverts.
This is all area dependant and dependant on what the competition is doing.
-----------------
"dadiOH" wrote in message news:[email protected]...
The log house which my wife wound up with after her mother died - and into
which we have been pouring money, lo, these many months - is now ready to
sell or rent. Given the market, it is most likely to be rented. I have
only rented two unfurnished apartments in my life and that was years ago.
The first was totally bare...no stove, no fridge, no drapes, no nothing.
The second had drapes - rather nice ones - and a stove but no fridge.
Having no experience as either a renter or landlord, I would appreciate
knowing what you would expect if you were looking to rent an unfurnished
house.
Drapes?
Stove?
Microwave?
Dishwasher?
Fridge?
Washer & dryer?
Washer and dryer hookups only?
Anything else?
I'd also appreciate knowing if you would expect to do any of these yourself.
Change air filters? Buy them?
Maintain salt level in water softener? Buy the salt?
Cut the grass?
What other maintenance or repair?
Thanks for your time
--
dadiOH
____________________________
dadiOH's dandies v3.06...
...a help file of info about MP3s, recording from
LP/cassette and tips & tricks on this and that.
Get it at http://mysite.verizon.net/xico
It's always different based on locale, but see below.
On 4/29/2012 6:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
NO
> Stove?
Absolutely
> Microwave?
No
> Dishwasher?
No
> Fridge?
Yes
> Washer& dryer?
No
> Washer and dryer hookups only?
Possibly is it far from public wash/dry
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
NO
> Maintain salt level in water softener? Buy the salt?
No
> Cut the grass?
No
> What other maintenance or repair?
>
> Thanks for your time
>
>
On 4/30/2012 12:28 AM, Mike Marlow wrote:
> Norminn wrote:
>
>>
>> That could be a hassle...landlord over every week at HIS convenience
>> to cut the grass? What if renter sleeps days? I'm thinking of all
>> kinds of reasons not to rent this home :o)
>>
>
> At HIS convenience - to do something for you? You should probably continue
> living in mommy's basement.
>
>
Years ago, I had a landlord who did really awful work on his rentals.
Retired farmer, impersonal as heck. Decided to install "windbreaks" on
both sides of front door so storm door would stop blowing off. He
slapped in 4x4 posts and unfinished particle board. On Thanksgiving
Day. Hideous. Of course, the p.b. came apart from the elements so I
took it down and put up wood trellis. Looked half-way decent and did
the job. Shortly after I finished painting most of interior, he bought
a truckload of windows to replace the alum. original windows. NONE of
the new windows were same size as original....he left the new windows
piled in the yard for months before he had them installed. Of course,
they warped even though wrapped in plastic. Since they were different
sizes, he had some patches of wallboard slapped in. Finished off with
new trim stained dark walnut, no varnish, that didn't match anything.
Truly hideous. Being either a renter or a landlord can be a crap-shoot :o)
Doug wrote:
> On Tue, 01 May 2012 13:07:19 -0700, Oren <[email protected]> wrote:
>
>> On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
>> wrote:
>>
>>> I'm facing the same question, whether I can or should sell a house
>>> in this awful market or try to rent it out to carry for a couple of
>>> years, and if so just what to include.
>>
>> Become the banker. Sell the cabin to the renter. If you hold the
>> paper know when to foreclose.
>>
>
>
> As long as you know that a bankruptcy can stop a foreclosure dead in
> its tracks (well at least in Texas). Going thru this now for the 2nd
> time on a house I hold the paper to.
In Texas, a homestead declaration can protect a home from seizure in
bankruptcy or other debt, with three exceptions:
1. Taxes,
2. A loan to BUY the property,
3. A loan to IMPROVE the property.
Florida has the same or similar protections. I don't know about other
states.
On Sun, 29 Apr 2012 21:13:33 -0700 (PDT), "J. Clarke" <[email protected]>
wrote:
>On Apr 29, 6:49 am, "dadiOH" <[email protected]> wrote:
>> The log house which my wife wound up with after her mother died - and into
>> which we have been pouring money, lo, these many months - is now ready to
>> sell or rent. Given the market, it is most likely to be rented. I have
>> only rented two unfurnished apartments in my life and that was years ago.
>>
>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>
>> The second had drapes - rather nice ones - and a stove but no fridge.
>>
>> Having no experience as either a renter or landlord, I would appreciate
>> knowing what you would expect if you were looking to rent an unfurnished
>> house.
>>
>> Drapes?
>> Stove?
>> Microwave?
>> Dishwasher?
>> Fridge?
>> Washer & dryer?
>> Washer and dryer hookups only?
>> Anything else?
>>
>> I'd also appreciate knowing if you would expect to do any of these yourself.
>> Change air filters? Buy them?
>> Maintain salt level in water softener? Buy the salt?
>> Cut the grass?
>> What other maintenance or repair?
>>
>> Thanks for your time
>>
>> --
>>
>> dadiOH
>> ____________________________
>>
>> dadiOH's dandies v3.06...
>> ...a help file of info about MP3s, recording from
>> LP/cassette and tips & tricks on this and that.
>> Get it athttp://mysite.verizon.net/xico
>
>First thing, check the law.
Good idea.
>Generally (but YMMV) in the US you can't
>rent without a certificate of occupancy and that normally specifies a
>working kitchen.
No, a 'fridge is not usually necessary to get a CO. Stove, yes.
>There may be other requirements in your locality
>specific to rentals.
Yes.
On 5/2/2012 5:20 PM, Mike Marlow wrote:
> Swingman wrote:
>> We all take a turn in that barrel ... we still love you, Bubba. ;)
> can't wait until I get back to my normal mostly asshole self
> and shed this complete asshole thing...
LOL ... sneaks up on one with the age thing. Or as Radcliffe likes to
say: "Yelling at kids to get off your lawn".
--
www.eWoodShop.com
Last update: 4/15/2010
KarlCaillouet@ (the obvious)
http://gplus.to/eWoodShop
On Sun, 29 Apr 2012 08:05:05 -0700, Zz Yzx <[email protected]> wrote:
>On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]>
>wrote:
>
>>The log house which my wife wound up with after her mother died - and into
>>which we have been pouring money, lo, these many months - is now ready to
>>sell or rent. Given the market, it is most likely to be rented. I have
>>only rented two unfurnished apartments in my life and that was years ago.
>>
>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>
>> The second had drapes - rather nice ones - and a stove but no fridge.
>>
>>Having no experience as either a renter or landlord, I would appreciate
>>knowing what you would expect if you were looking to rent an unfurnished
>>house.
>>
>> Drapes?
>Depends on duration. I wouldn't buy/install quaility drapes for a 6
>month lease.
>> Stove?
>Must have
>> Microwave?
>Perk, not a deal-breaker
More importantly, $100 at WallyWorld. It's something the tenant can easily
buy if desired.
>> Dishwasher?
>Perk, not a dealbreaker
It's a house, one would assume rather up-scale. In that market it may be a
deal-breaker.
>> Fridge?
>Must have
>> Washer & dryer?
>BIG perk
>> Washer and dryer hookups only?
>Must have
I would agree in a high-end rental. In an apartment, not so much.
>> Anything else?
>>
>>I'd also appreciate knowing if you would expect to do any of these yourself.
>> Change air filters? Buy them?
>Yes
>> Maintain salt level in water softener? Buy the salt?
>No
>> Cut the grass?
>Yes
>> What other maintenance or repair?
>Renter to provide usual household maintenaince associated with living,
>i.e. plunging toilets, AC/heating filters, garden hoses, lawn mowers,
>&tc.
>>
>>Thanks for your time
Mike Marlow wrote:
> Stuart Wheaton wrote:
>> On 4/29/2012 6:49 AM, dadiOH wrote:
>
>>
>>
>> However, the other side of the coin is that if you do these things,
>> you will have a reason to go inside and 'inspect' the condition of
>> your property on a regular basis. The hassle is that you will need
>> to co-ordinate, or at least advise your tenant about the times and
>> days you plan to visit, and the law usually requires you to give 24
>> hours notice except in case of emergency.
>>
>
> Where in the hell did you come up with this idea? Show me anywhere
> that any law says that just by mowing the lawn, you have any right to
> "inspect" your tenant's property. That was just... well.. dumb...
The a/c filter is not usually found on the outside of the building.
Doug wrote:
>
> I'm the mortgage holder so that qualifies as #2 but the mortgagee also
> owes property taxes so while I tried to foreclose and am the first
> lien holder, taxes still take priority over my position.
Well, that certainly sucks, but that' s far cry from renting - which is what
this thread is about.
--
-Mike-
[email protected]
dadiOH wrote:
> The log house which my wife wound up with after her mother died - and
> into which we have been pouring money, lo, these many months - is now
> ready to sell or rent. Given the market, it is most likely to be
> rented. I have only rented two unfurnished apartments in my life and
> that was years ago.
> The first was totally bare...no stove, no fridge, no drapes, no
> nothing.
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would
> appreciate knowing what you would expect if you were looking to rent
> an unfurnished house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer & dryer?
> Washer and dryer hookups only?
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these
> yourself. Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
> Thanks for your time
You have an opportunity to multiply your revenue. First, offer the place for
rent empty.
Second, for an additional sum, offer to provide essential appliances (stove,
fridge).
For an even greater additional amount, provide basic furniture (sofa, bed,
etc.).
Lastly, a small additional sum will get maintenance for the tenant (mowing,
a/c filter replacement, salt replenished, whatever).
Doug wrote:
> On Wed, 2 May 2012 06:27:06 -0500, "HeyBub" <[email protected]>
> wrote:
>
>> Mike Marlow wrote:
>>>>
>>>> I am sending this email to everyone on my email address list who
>>>> lives in Texas.
>>>
>>> No - you sent this to a usenet newsgroup. What is important to you
>>> guys in Texas or wherever, should be kept to emai, not here.
>>
>> We Texans try to be a light unto the nation...
>>
>
> Is that why I see all the outa state license plates around Houston,
> Texas? Maybe the last one out of their state shuts down his power
> grid and then aims for the light <grin>.
Nah - we see those outa state plates here too. It's that "grass is always
greener..." thing - or just people driving through.
--
-Mike-
[email protected]
Dean Hoffman <""dh0496\"@in*%ebr#&as$ka.com"> wrote:
> It's been years since I rented anything also. I can't say what
>current practice is as far as screening tenants, first, last months
>rent,security deposits etc.
In Houston area, its usually one month for the deposit; then one
month up front to move in (or prorated). There are several tenant
screening services online that will check credit, criminal
records, and for broken leases. I think it costs $50 or so (the
prospective renter pays this, non-refundable).
--
I like to hold the microphone cord like this, I pinch it
together, then I let it go, then you hear a whole bunch of jokes
at once. -Mitch Hedberg
On Wed, 2 May 2012 06:27:06 -0500, "HeyBub" <[email protected]>
wrote:
>Mike Marlow wrote:
>>>
>>> I am sending this email to everyone on my email address list who
>>> lives in Texas.
>>
>> No - you sent this to a usenet newsgroup. What is important to you
>> guys in Texas or wherever, should be kept to emai, not here.
>
>We Texans try to be a light unto the nation...
>
Is that why I see all the outa state license plates around Houston,
Texas? Maybe the last one out of their state shuts down his power
grid and then aims for the light <grin>.
On 4/30/2012 12:13 AM, J. Clarke wrote:
> On Apr 29, 6:49 am, "dadiOH"<[email protected]> wrote:
>> The log house which my wife wound up with after her mother died - and into
>> which we have been pouring money, lo, these many months - is now ready to
>> sell or rent. Given the market, it is most likely to be rented. I have
>> only rented two unfurnished apartments in my life and that was years ago.
>>
>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>
>> The second had drapes - rather nice ones - and a stove but no fridge.
>>
>> Having no experience as either a renter or landlord, I would appreciate
>> knowing what you would expect if you were looking to rent an unfurnished
>> house.
>>
>> Drapes?
>> Stove?
>> Microwave?
>> Dishwasher?
>> Fridge?
>> Washer& dryer?
>> Washer and dryer hookups only?
>> Anything else?
>>
>> I'd also appreciate knowing if you would expect to do any of these yourself.
>> Change air filters? Buy them?
>> Maintain salt level in water softener? Buy the salt?
>> Cut the grass?
>> What other maintenance or repair?
>>
>> Thanks for your time
>>
>> --
>>
>> dadiOH
>> ____________________________
>>
>> dadiOH's dandies v3.06...
>> ...a help file of info about MP3s, recording from
>> LP/cassette and tips& tricks on this and that.
>> Get it athttp://mysite.verizon.net/xico
>
> First thing, check the law. Generally (but YMMV) in the US you can't
> rent without a certificate of occupancy and that normally specifies a
> working kitchen. There may be other requirements in your locality
> specific to rentals.
The area I lived in Florida required a business license...that might be
the correct term, but it was similar. City code requirement. I read
Florida laws re lease/rent, stating owners right to access, renter's
rights...been a while.
On 4/29/2012 8:33 AM, G. Morgan wrote:
> dadiOH wrote:
>
>> Having no experience as either a renter or landlord, I would appreciate
>> knowing what you would expect if you were looking to rent an unfurnished
>> house.
>>
>> Drapes?
> No, but white mini-blinds on all appropriate windows. I'll choose
> my own drapes.
>
>> Stove?
> Must have.
>
>> Microwave?
> Only if its brand new or part of a built-in custom cabinet. I
> really don't want someone's used food particles!
>
>> Dishwasher?
> Yes, if the space permits.
>
>> Fridge?
> Yes. Renters don't usually have any big appliances.
>
>> Washer& dryer?
> Yes, or at least hook-ups.
>
>> Washer and dryer hookups only?
> Add extra $50/mo. for a W/D
>
>> Anything else?
>>
>> I'd also appreciate knowing if you would expect to do any of these yourself.
>> Change air filters? Buy them?
> Insist the renter change the filters on a regular basis, that you
> will provide. It will be good for your A/C unit and good for
> their health and electricity bill. Just leave a case in the
> closet.
>
> Make sure they have a fire extinguisher in the kitchen (but not
> over the stove!). Verify the fire extinguisher is charged every
> year, minimum. Put a clause in the lease that if they have to use
> it, or notice the gauge low to notify you for an immediate
> replacement. That will keep your ass covered. Of course, have a
> lawyer look at/draft your lease papers, I am not a lawyer.
>
> Install smoke detectors in each bedroom, outside each sleeping
> area, and at least one on each floor if bi-level. Provide smoke
> detector battery changes and testing on-schedule according to the
> manufacturers instructions.
>
>> Maintain salt level in water softener? Buy the salt?
> Uh-oh. That is not something the average Joe may want to mess
> with. Maybe you better do that yourself, how often does it need
> it?
>
>> Cut the grass?
> You buy the mower, and throw in the washer& dryer and I will cut
> the grass.
>
>> What other maintenance or repair?
> Most renters are going to expect you to have a plumber on the
> doorstep within hours if water is a problem. If the A/C or heat
> breaks, same thing, I want it back working that day or the
> absolute soonest as possible. Don't be the cheap landlord that
> takes days to call for estimates, hires low-ball or "questionable"
> contractors, or delays problems. Remember, you are the business
> and the renter is your *customer*. If you think it's okay to make
> them sweat it out for two or three 100° summer days while you wait
> for the weekend to fix the A/C yourself, you are not a landlord -
> you'll be a slumlord! Familiarize yourself with 'renters rights',
> if you fail to perform you could wind up paying way more in the
> end. A bad landlord is just as bad as a lousy tenant.
>
> Find a renter that will treat the home as if it were his own, and
> you maintain it with quality parts and labor. When interviewing
> folks, listen for "I'll plant a shrub here" or "I can build my
> workshop back here"; indicators of long-term interest.
>
> Where is it? I'm looking for one in the Houston area here pretty
> soon.
>
>
>
Good post but I'd want it "spelled out" about landscaping and any long
term changes like sheds. I had the landlord from hell but I'll admit I
made mistakes too. Good communication and a friendly rapport is so
important with long term renters. The care of the yard can become a very
continuous issue because the landlord almost always pays for the water.
Your comment about quick (and good) repairs is very important too.
My ex-landlord must have been sued because he was always concerned about
lawsuits. After my last renting experience I'd never rent again or
become a landlord. My ex-landlord turned me into a homeowner so I guess
he deserves my gratitude. Now I'm sitting on a pile of equity. :)
On Mon, 30 Apr 2012 23:50:10 -0500, Steve Barker <[email protected]>
wrote:
>On 4/30/2012 10:21 PM, [email protected] wrote:
>> On Sun, 29 Apr 2012 21:13:33 -0700 (PDT), "J. Clarke"<[email protected]>
>> wrote:
>>
>>> On Apr 29, 6:49 am, "dadiOH"<[email protected]> wrote:
>>>> The log house which my wife wound up with after her mother died - and into
>>>> which we have been pouring money, lo, these many months - is now ready to
>>>> sell or rent. Given the market, it is most likely to be rented. I have
>>>> only rented two unfurnished apartments in my life and that was years ago.
>>>>
>>>> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>>>>
>>>> The second had drapes - rather nice ones - and a stove but no fridge.
>>>>
>>>> Having no experience as either a renter or landlord, I would appreciate
>>>> knowing what you would expect if you were looking to rent an unfurnished
>>>> house.
>>>>
>>>> Drapes?
>>>> Stove?
>>>> Microwave?
>>>> Dishwasher?
>>>> Fridge?
>>>> Washer& dryer?
>>>> Washer and dryer hookups only?
>>>> Anything else?
>>>>
>>>> I'd also appreciate knowing if you would expect to do any of these yourself.
>>>> Change air filters? Buy them?
>>>> Maintain salt level in water softener? Buy the salt?
>>>> Cut the grass?
>>>> What other maintenance or repair?
>>>>
>>>> Thanks for your time
>>>>
>>>> --
>>>>
>>>> dadiOH
>>>> ____________________________
>>>>
>>>> dadiOH's dandies v3.06...
>>>> ...a help file of info about MP3s, recording from
>>>> LP/cassette and tips& tricks on this and that.
>>>> Get it athttp://mysite.verizon.net/xico
>>>
>>> First thing, check the law.
>>
>> Good idea.
>>
>>> Generally (but YMMV) in the US you can't
>>> rent without a certificate of occupancy and that normally specifies a
>>> working kitchen.
>>
>> No, a 'fridge is not usually necessary to get a CO. Stove, yes.
>>
>>> There may be other requirements in your locality
>>> specific to rentals.
>>
>> Yes.
>>
>
>None of this CO business in Kansas nor missouri. not familiar with the
>rest. sounds like bs.
No. Well, yes. ;-)
On Wed, 02 May 2012 15:43:40 -0600, Just Wondering
<[email protected]> wrote:
>On 5/2/2012 2:08 PM, Oren wrote:
>> On Wed, 02 May 2012 13:43:01 -0600, Just Wondering
>> <[email protected]> wrote:
>>
>>> Anyone reading this thread for advice, rather than just to shoot the
>>> breeze, needs to consult an attorney.
>> True. Although some states require no attorney for real estate
>> transactions.
>But this thread is discussing homestead exemptions as a means to protect
>assets from creditors. A non-attorney real estate agent can close a
>sale, but cannot give advice on homesteads. And since homestead
>exemptions vary by state, what happens in, say, Texas is irrelevant if
>you don't live in Texas.
The agent can advise of the policy.
Move to Nevada?
My gut sense, is to leave the place untouched, and negotiate with potential
renters. No sense sinking more money into the place. Renters can tell you
what they want.
Christopher A. Young
Learn more about Jesus
www.lds.org
.
"dadiOH" <[email protected]> wrote in message
news:[email protected]...
The log house which my wife wound up with after her mother died - and into
which we have been pouring money, lo, these many months - is now ready to
sell or rent. Given the market, it is most likely to be rented. I have
only rented two unfurnished apartments in my life and that was years ago.
The first was totally bare...no stove, no fridge, no drapes, no nothing.
The second had drapes - rather nice ones - and a stove but no fridge.
Having no experience as either a renter or landlord, I would appreciate
knowing what you would expect if you were looking to rent an unfurnished
house.
Drapes?
Stove?
Microwave?
Dishwasher?
Fridge?
Washer & dryer?
Washer and dryer hookups only?
Anything else?
I'd also appreciate knowing if you would expect to do any of these yourself.
Change air filters? Buy them?
Maintain salt level in water softener? Buy the salt?
Cut the grass?
What other maintenance or repair?
Thanks for your time
--
dadiOH
____________________________
dadiOH's dandies v3.06...
...a help file of info about MP3s, recording from
LP/cassette and tips & tricks on this and that.
Get it at http://mysite.verizon.net/xico
dadiOH wrote:
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
>
> Drapes?
No, but white mini-blinds on all appropriate windows. I'll choose
my own drapes.
> Stove?
Must have.
> Microwave?
Only if its brand new or part of a built-in custom cabinet. I
really don't want someone's used food particles!
> Dishwasher?
Yes, if the space permits.
> Fridge?
Yes. Renters don't usually have any big appliances.
> Washer & dryer?
Yes, or at least hook-ups.
> Washer and dryer hookups only?
Add extra $50/mo. for a W/D
> Anything else?
>
>I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
Insist the renter change the filters on a regular basis, that you
will provide. It will be good for your A/C unit and good for
their health and electricity bill. Just leave a case in the
closet.
Make sure they have a fire extinguisher in the kitchen (but not
over the stove!). Verify the fire extinguisher is charged every
year, minimum. Put a clause in the lease that if they have to use
it, or notice the gauge low to notify you for an immediate
replacement. That will keep your ass covered. Of course, have a
lawyer look at/draft your lease papers, I am not a lawyer.
Install smoke detectors in each bedroom, outside each sleeping
area, and at least one on each floor if bi-level. Provide smoke
detector battery changes and testing on-schedule according to the
manufacturers instructions.
> Maintain salt level in water softener? Buy the salt?
Uh-oh. That is not something the average Joe may want to mess
with. Maybe you better do that yourself, how often does it need
it?
> Cut the grass?
You buy the mower, and throw in the washer & dryer and I will cut
the grass.
> What other maintenance or repair?
Most renters are going to expect you to have a plumber on the
doorstep within hours if water is a problem. If the A/C or heat
breaks, same thing, I want it back working that day or the
absolute soonest as possible. Don't be the cheap landlord that
takes days to call for estimates, hires low-ball or "questionable"
contractors, or delays problems. Remember, you are the business
and the renter is your *customer*. If you think it's okay to make
them sweat it out for two or three 100° summer days while you wait
for the weekend to fix the A/C yourself, you are not a landlord -
you'll be a slumlord! Familiarize yourself with 'renters rights',
if you fail to perform you could wind up paying way more in the
end. A bad landlord is just as bad as a lousy tenant.
Find a renter that will treat the home as if it were his own, and
you maintain it with quality parts and labor. When interviewing
folks, listen for "I'll plant a shrub here" or "I can build my
workshop back here"; indicators of long-term interest.
Where is it? I'm looking for one in the Houston area here pretty
soon.
--
I like to hold the microphone cord like this, I pinch it
together, then I let it go, then you hear a whole bunch of jokes
at once. -Mitch Hedberg
Richard wrote:
> Very important for seniors and disabled. Remember to vote AND look
> for this on the ballot.
>
> You MUST vote in May to keep the Homestead tax cap for 65 and over,
> even if you are not 65 yet. If you are a Texas homeowner then this is
> important to YOU, no matter what your current age, or if you are
> disabled or not. It WILL BENEFIT YOU in the future. It is also very
> important to your relatives/friends who are in one of these groups
> already. If you agree, please pass along to all on your TEXAS
> Residents email lists.
>
> I am sending this email to everyone on my email address list who lives
> in Texas. I want to be certain you are aware of a constitutional
> amendment that will be on the ballot at the May election. It is an
> amendment to correct an error made by the lawmakers when they voted
> for a reduction in school property taxes in 2005.
>
> When the lawmakers voted for a one-third reduction in school property
> taxes beginning in 2006 and to be completed this year, they FORGOT
> about the Homestead Exemption for senior citizens (65 and older) and
> people with disabilities. The state constitution caps school property
> taxes for homeowners 65 years and older and those who are disabled.
> However, they DID NOT get the same reduction when the property tax cut
> for schools was voted on two years ago.
>
> So an amendment is on the May ballot to correct this error.
Slight correction:
"Officials at the Office of the Secretary of State say e-mails circulating
about a Homestead Exemption Tax Amendment are fake.
"The e-mail in question says voters must choose whether or not to keep the
homestead tax cap for people 65 and older. Spokeswoman Ashley Burton said
that the e-mails are completely false and that there are no statewide
initiatives on the ballot for the May election."
http://www.statesman.com/blogs/content/shared-gen/blogs/austin/cityhall/entries/2009/04/24/secretary_of_state_homestead_e.html
On 4/29/2012 6:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer& dryer?
> Washer and dryer hookups only?
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
> Thanks for your time
>
>
Is this a year round house or a recreational house? The description to
me sounds like a cottage/recreational house. how many people would rent
a year?
If I were a renter there is almost no way in hell I would buy my own
appliances like a stove/fridge/washer. I'm sure there are a small
percentage of renters that would but most would not buy.
If I'm a renter and I'm doing maintenance I'd expect a discount on my
rent, me personally I did monthly maintenance on a house I rented and
received about 10% off rent. But that was years ago. That included snow
shovelling. You'll find with maintenance that some won't mind doing it
and others most certainly will mind doing it and all you can do is ask
and maybe adjust rent accordingly. And have it stated in a rental
agreement/contract. Some people want to rent so they don't have to do
maintenance and some people will do maintenance so that the landlord
isn't always at the house bothering them at inconvenient times like
dinner cutting hedges and lawns.
IMHO, I've always provided my own microwave and drapes but have expected
appliances to be provided and maintained and in safe good working orders
That way if I move after a year, whihc renters can do frequently, it's
an easy move. Dishwashers are an afterthought i think, used as option.
Hope this post helps you a little in some way and good luck man.
On 4/29/12 5:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
>
> Drapes?
Don't know
> Stove?
Yes
> Microwave?
No
> Dishwasher?
Built in, maybe
> Fridge?
Yes
> Washer& dryer?
No
> Washer and dryer hookups only?
Maybe
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
No
> Maintain salt level in water softener? Buy the salt?
No
> Cut the grass?
No
> What other maintenance or repair?
The tenant does the basic cleaning. Actual plumbing, carpentry
etc would be your problem.
Take pictures/video of the property before renting. Give a copy
to the tenants. That might help in the future.
It's been years since I rented anything also. I can't say what
current practice is as far as screening tenants, first, last months
rent,security deposits etc. Have you talked to your insurance agent
and/or an attorney?
>
> Thanks for your time
>
>
On 4/29/2012 6:49 AM, dadiOH wrote:
> The log house which my wife wound up with after her mother died - and into
> which we have been pouring money, lo, these many months - is now ready to
> sell or rent. Given the market, it is most likely to be rented. I have
> only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
> Having no experience as either a renter or landlord, I would appreciate
> knowing what you would expect if you were looking to rent an unfurnished
> house.
This depends greatly on how you structure the deal, and what market you
are trying to rent into. If you are doing lease-option you can rent it
the way you might sell it. If the other places on the market include
fridges and stoves and other amenities, you probably need to provide
them to be competitive.
On the other hand, if you are looking for a tenant that already has
those things, they are relocating, or got foreclosed out of their
current home, perhaps they already have the stove and fridge...
>
> Drapes?
Not a high priority with me. Some window treatment is good, I have
apartments and I provide white blinds... Fabric would not be my first
choice, it fades, gets chewed up, and absorbs odors. Plus, it greatly
impacts other design choices. I tend to keep all MY design elements
more neutral so the tenant can push the rooms to their style without
painting.
> Stove?
Probably yes, but compare to the other properties on the market.
> Microwave?
Unless it is built-in, no.
> Dishwasher?
See micro-wave...
> Fridge?
See Stove...
> Washer& dryer?
I lean towards no unless the market demands it. These get beat up and
turn into a maintenance hassle. I presume their is a laundry-mat
somewhere? In a multi-family I provide a commercial quality unit in a
public area.
> Washer and dryer hookups only?
Yes. Make it easy to tie in.
> Anything else?
>
> I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
In a stand-alone house, I would place this responsibility on the tenant.
The replacement of filters makes the system work better for them and
does not greatly affect how long it lasts for you.
> Maintain salt level in water softener? Buy the salt?
If the water is so hard it will close up pipes and faucets, it might be
worth doing, if it is merely for comfort... it is their problem.
> Cut the grass?
If the house is nearby, and easy to cut, you can do it, otherwise, I see
this as the difference between renting a house, and renting an
apartment. When you rent a house, you assume more of the duties of
normal operation.
However, the other side of the coin is that if you do these things, you
will have a reason to go inside and 'inspect' the condition of your
property on a regular basis. The hassle is that you will need to
co-ordinate, or at least advise your tenant about the times and days you
plan to visit, and the law usually requires you to give 24 hours notice
except in case of emergency.
> What other maintenance or repair?
>
I would require that any repairs be done by the landlord or his agents.
You might get a tenant with the skills and tools to do this, but you
will probably get a guy who leaves a more expensive repair than the
proper tradesman would have cost in the first place. Besides, you want
to know what work is being done.
> Thanks for your time
>
>
On 4/29/2012 9:57 AM, Stuart Wheaton wrote:
> On 4/29/2012 6:49 AM, dadiOH wrote:
>
> I lean towards no unless the market demands it. These get beat up and
> turn into a maintenance hassle. I presume their is a laundry-mat
> somewhere? In a multi-family I provide a commercial quality unit in a
> public area.
One of my old landlords had a multi-unit house and he provided us with a
coin operated washing and dryer. No way would I go to a laudromat so I
appreciated having that laundry room provided. Probably one of the
reasons I stayed there 6 years.
On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]>
wrote:
>The log house which my wife wound up with after her mother died - and into
>which we have been pouring money, lo, these many months - is now ready to
>sell or rent. Given the market, it is most likely to be rented. I have
>only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
>
> Drapes?
Depends on duration. I wouldn't buy/install quaility drapes for a 6
month lease.
> Stove?
Must have
> Microwave?
Perk, not a deal-breaker
> Dishwasher?
Perk, not a dealbreaker
> Fridge?
Must have
> Washer & dryer?
BIG perk
> Washer and dryer hookups only?
Must have
> Anything else?
>
>I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
Yes
> Maintain salt level in water softener? Buy the salt?
No
> Cut the grass?
Yes
> What other maintenance or repair?
Renter to provide usual household maintenaince associated with living,
i.e. plunging toilets, AC/heating filters, garden hoses, lawn mowers,
&tc.
>
>Thanks for your time
On Mon, 30 Apr 2012 08:11:33 -0400, "Ed Pawlowski" <[email protected]>
wrote:
>
>"SMS" <[email protected]> wrote
>>
>> A stove and refrigerator is expected in a rental.
>
>Stove, yes. Refrigerator, no.
>At least in this area. Probably varies by region.
In my area, stove...yes, refrig depends on which neighborhood around
me. Of course, it never hurts to have a refrig included for rental.
Also he has to think about if he includes applicances, how he will
treat them tax wise. He may need to read up on tax code or get an
accountant.
On Sun, 29 Apr 2012 09:51:26 -0400, [email protected] wrote:
>Better yet, see if there's a real estate agent who deals in rental
>property and get their opinion on how the house should be equipped.
I rented out two homes. 3BR/1B single story family homes. Equipped
with what was in the houses when I bought them.
My agent was very helpful as she owned some rental properties. Used
parts of her lease agreements, with some modifications.
Each state has variations on renter protection laws as well as
landlord laws. Get to know them. Understand the eviction processes
for when you can evict and when you cannot. I read that in some areas
you cannot evict a tenant during the winter?
Strongly suggest the renter acquire renter's insurance. Consider a
month to month lease verses a year long lease. It seems easier to
evict a tenant using a month to month lease.
On Tue, 1 May 2012 16:50:33 -0500, "HeyBub" <[email protected]>
wrote:
>Doug wrote:
>> On Tue, 01 May 2012 13:07:19 -0700, Oren <[email protected]> wrote:
>>
>>> On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
>>> wrote:
>>>
>>>> I'm facing the same question, whether I can or should sell a house
>>>> in this awful market or try to rent it out to carry for a couple of
>>>> years, and if so just what to include.
>>>
>>> Become the banker. Sell the cabin to the renter. If you hold the
>>> paper know when to foreclose.
>>>
>>
>>
>> As long as you know that a bankruptcy can stop a foreclosure dead in
>> its tracks (well at least in Texas). Going thru this now for the 2nd
>> time on a house I hold the paper to.
>
>In Texas, a homestead declaration can protect a home from seizure in
>bankruptcy or other debt, with three exceptions:
>1. Taxes,
>2. A loan to BUY the property,
>3. A loan to IMPROVE the property.
>
>Florida has the same or similar protections. I don't know about other
>states.
>
I'm not sure if a rental property is eligible for a declaration of
homestead? Generally a primary residence.
My state* you have to record the homestead at the local clerk's
office.
My basic understanding is that the owner's equity is protected from
creditors.
--
<http://www.leg.state.nv.us/NRS/NRS-115.html>
CHAPTER 115 - HOMESTEADS
NRS 115.005 Definitions.
NRS 115.010 Exemption from sale on execution and from
process of court; amount of exemption; exceptions; extension of
exemption.
NRS 115.020 Declaration of homestead: Contents; recording;
notice required of person who charges fee for recording declaration;
rights not extinguished by certain conveyances; rights of trustee;
penalty.
NRS 115.025 Form for making declaration of homestead:
Design and contents; availability.
NRS 115.030 Tenants in common: Declaration of homestead.
NRS 115.040 Mortgage or alienation of homestead property;
abandonment of homestead.
NRS 115.050 Execution against homestead.
NRS 115.060 Disposition in case of death.
NRS 115.070 Conveyance of homestead by owner when spouse
insane: Procedure.
NRS 115.080 Property not exempt from sale for taxes.
NRS 115.090 Property not exempt from recovery of money
owed to Department of Health and Human Services for Medicaid benefits.
On Tue, 1 May 2012 16:50:33 -0500, "HeyBub" <[email protected]>
wrote:
>Doug wrote:
>> On Tue, 01 May 2012 13:07:19 -0700, Oren <[email protected]> wrote:
>>
>>> On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
>>> wrote:
>>>
>>>> I'm facing the same question, whether I can or should sell a house
>>>> in this awful market or try to rent it out to carry for a couple of
>>>> years, and if so just what to include.
>>>
>>> Become the banker. Sell the cabin to the renter. If you hold the
>>> paper know when to foreclose.
>>>
>>
>>
>> As long as you know that a bankruptcy can stop a foreclosure dead in
>> its tracks (well at least in Texas). Going thru this now for the 2nd
>> time on a house I hold the paper to.
>
>In Texas, a homestead declaration can protect a home from seizure in
>bankruptcy or other debt, with three exceptions:
>1. Taxes,
>2. A loan to BUY the property,
>3. A loan to IMPROVE the property.
>
>Florida has the same or similar protections. I don't know about other
>states.
>
I'm the mortgage holder so that qualifies as #2 but the mortgagee also
owes property taxes so while I tried to foreclose and am the first
lien holder, taxes still take priority over my position. Of course
he stopped the foreclosure with his bankruptcy but the bankruptcy plan
still had to include property taxes and my first lien position, then
the rest he owes to others. Just as a side note, there is a meeting
to dismiss the bankruptcy because he's not following the plan to pay
the trustee. Should it be dismissed, I will foreclose. There's a
lot more to this story but it's not needed to say here.
Any of those license plates from California, the land of fruits and nuts?
Christopher A. Young
Learn more about Jesus
www.lds.org
.
"Doug" <[email protected]> wrote in message
>
>We Texans try to be a light unto the nation...
>
Is that why I see all the outa state license plates around Houston,
Texas? Maybe the last one out of their state shuts down his power
grid and then aims for the light <grin>.
On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]>
wrote:
>The log house which my wife wound up with after her mother died - and into
>which we have been pouring money, lo, these many months - is now ready to
>sell or rent. Given the market, it is most likely to be rented. I have
>only rented two unfurnished apartments in my life and that was years ago.
>
...
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
Really no guidelines, it's between you and the tenant, and of course
can pretty much be adjusted by changing the rent.
I'm facing the same question, whether I can or should sell a house in
this awful market or try to rent it out to carry for a couple of
years, and if so just what to include.
As a landlord renting can either be a breeze or a nightmare, or
anything in between. Depends on the tenant of course, and also on
events, what happens to break and why.
J.
On Mon, 30 Apr 2012 00:24:51 -0400, "Mike Marlow"
>Where in the hell did you come up with this idea? Show me anywhere that any
>law says that just by mowing the lawn, you have any right to "inspect" your
>tenant's property. That was just... well.. dumb...
Don't know about down there, but that 'dumb' law as you phrase it
exists up here. With a 24 hour notice, the superintendent can come in
and inspect a number of things, the primary one being the in suite
fire alarm.
On Sun, 29 Apr 2012 06:49:41 -0400, "dadiOH" <[email protected]>
wrote:
>The log house which my wife wound up with after her mother died - and into
>which we have been pouring money, lo, these many months - is now ready to
>sell or rent. Given the market, it is most likely to be rented. I have
>only rented two unfurnished apartments in my life and that was years ago.
>
> The first was totally bare...no stove, no fridge, no drapes, no nothing.
>
> The second had drapes - rather nice ones - and a stove but no fridge.
>
>Having no experience as either a renter or landlord, I would appreciate
>knowing what you would expect if you were looking to rent an unfurnished
>house.
>
> Drapes?
> Stove?
> Microwave?
> Dishwasher?
> Fridge?
> Washer & dryer?
> Washer and dryer hookups only?
> Anything else?
>
>I'd also appreciate knowing if you would expect to do any of these yourself.
> Change air filters? Buy them?
> Maintain salt level in water softener? Buy the salt?
> Cut the grass?
> What other maintenance or repair?
>
>Thanks for your time
I manage my own and have managed for others, single family homes for
over 25 years while being a license real estate broker. I used to
work with clients (buy, sell, manage, etc... ) but now only for
myself. I could answer these questions but won't because unless it's
around Houston, Tx., the answers could be different. You really need
to see what the competition is doing in your area so you can be
competitive. I'd suggest to talk to at least 2 Realtors locally and
ask them these questions and let them show you on paper the
competition to see what they provide as well as the pricing. I might
also suggest to list with a Realtor because they can do a lot of work
for you, answer your follow up questions and provide the lease as
well. Our lease over the years has gotten so long that it's now15
pages. It's quite comprehensive of course. Of course it's only a
piece of paper if you know what I mean. Oh some Realtors can manage
your property if you don't feel comfortable doing it but be careful.
You really only want experienced managers. Also check what the
licensing requirements for others to manage your property are, if you
go that route. I could tell you stories about managing property for
others but I don't know if it would help you. Besides if you don't
go this route, I'm wasting your time.
On Tue, 01 May 2012 12:47:34 -0700, JRStern <[email protected]>
wrote:
>I'm facing the same question, whether I can or should sell a house in
>this awful market or try to rent it out to carry for a couple of
>years, and if so just what to include.
Become the banker. Sell the cabin to the renter. If you hold the paper
know when to foreclose.
1) or remove front door
"SMS" <[email protected]> wrote
>
> A stove and refrigerator is expected in a rental.
Stove, yes. Refrigerator, no.
At least in this area. Probably varies by region.
On 5/1/2012 4:50 PM, HeyBub wrote:
> Doug wrote:
>> On Tue, 01 May 2012 13:07:19 -0700, Oren<[email protected]> wrote:
>>
>>> On Tue, 01 May 2012 12:47:34 -0700, JRStern<[email protected]>
>>> wrote:
>>>
>>>> I'm facing the same question, whether I can or should sell a house
>>>> in this awful market or try to rent it out to carry for a couple of
>>>> years, and if so just what to include.
>>>
>>> Become the banker. Sell the cabin to the renter. If you hold the
>>> paper know when to foreclose.
>>>
>>
>>
>> As long as you know that a bankruptcy can stop a foreclosure dead in
>> its tracks (well at least in Texas). Going thru this now for the 2nd
>> time on a house I hold the paper to.
>
> In Texas, a homestead declaration can protect a home from seizure in
> bankruptcy or other debt, with three exceptions:
> 1. Taxes,
> 2. A loan to BUY the property,
> 3. A loan to IMPROVE the property.
>
> Florida has the same or similar protections. I don't know about other
> states.
>
>
Very important for seniors and disabled. Remember to vote AND look for
this on the ballot.
You MUST vote in May to keep the Homestead tax cap for 65 and over, even
if you are not 65 yet. If you are a Texas homeowner then this is
important to YOU, no matter what your current age, or if you are
disabled or not. It WILL BENEFIT YOU in the future. It is also very
important to your relatives/friends who are in one of these groups
already. If you agree, please pass along to all on your TEXAS Residents
email lists.
I am sending this email to everyone on my email address list who lives
in Texas. I want to be certain you are aware of a constitutional
amendment that will be on the ballot at the May election. It is an
amendment to correct an error made by the lawmakers when they voted for
a reduction in school property taxes in 2005.
When the lawmakers voted for a one-third reduction in school property
taxes beginning in 2006 and to be completed this year, they FORGOT about
the Homestead Exemption for senior citizens (65 and older) and people
with disabilities. The state constitution caps school property taxes for
homeowners 65 years and older and those who are disabled.
However, they DID NOT get the same reduction when the property tax cut
for schools was voted on two years ago.
So an amendment is on the May ballot to correct this error.