A tenant calls an owner and starts complaining about the late fees that she accrues & has to pay every month. Stating that it is excessive, exorbitant, extreme (and every other “E” word you could think of). It is unfair! She doesn’t understand WHY she has to pay them. After carefully explaining (repeatedly) that her lease agreement says that rent is due on the first and a late fee will be charged on the 5th she still didn’t understand. She simply states that she can pay rent whenever she gets paid, so too bad! Unfortunately, she still had to pay the late fee monthly and..
As February draws to a close, here are the bills that we are tracking that will have an impact on the Rental Housing industry. HB 376: Landlord-Tenant Rights This bill was passed out of committee by an 8-4 vote in the House with some small modifications requested by the courts. The tenant’s attorneys showed up at the hearing to oppose the bill, but when they admitted that the loopholes they were using were only delaying tactics which ultimately made evictions more expensive for both tenants and landlords, the committee declined to support their position. This bill will give all evictions the same process – regardless..
While many of us like to DIY things to save a little money, there are many areas where this can work out well, and some where it’s better to hire a professional, like plumbing, electrical, law, and real estate. There are people all over that have gotten lucky and will claim that the professionals aren’t needed, but it’s the little things that come up later that often cause them to regret their decision; the leaky pipe, the shorting wire behind the wall, the lawsuit they didn’t see coming, and the unhappy realization that what they “saved” is often less than what they could have made. ..
Isn’t it interesting how quickly things can turn around? A single mother was renting out her basement to a nice couple with a few kids of their own. The first few months were great, they paid rent on time, and their children even became friends. Until the day that she smelled pot smoke coming through the vents. When she confronted them about it, everything changed. They started banging holes in the walls and burning the countertops in retaliation for her telling them to stop smoking in the home (something clearly stated in their lease) It took 3 months to evict and over $2 in damages,..
In recent years, the numbers of rental scams have increased exponentially. With so many rental listings out there, how do you know a scam from a valid rental listing? The majority of rental scams actually start as a valid rental listing. Scammers will peruse websites for available rentals, and “steal” the listing by re-posting it with their contact information and changing a few items. Usually, the price. If you see a rental listing for an unbelievable price it could be a scam. Others, will create “made up” addresses, be sure to check the address on listings that you find by searching the address online...
The beauty of the holiday season can be found in abundance with the holiday lights and decorations. Here are some of our favorites: Salt Lake County Temple Square (Salt Lake City) City Creek (Salt Lake City) This is the Place Heritage Park (Salt Lake City) HERE Zoo Lights at Hogle Zoo (Salt Lake City) HERE Christmas Street (Taylorsville – 5400 S 3200 W) Tree of Life (Draper) HERE Christmas in Color (Kearns) HERE Utah State Capitol Christmas Trees (Salt Lake City) INSIDE! Holly Days (Riverton) HERE Utah County Thanksgiving Point (Lehi) HERE Festival of Lights (Spanish Fork) HERE The Shops at Riverwoods Christmas in..
Tis the season when the cold weather takes over, and here in Utah it can get down right frigid! So how can you stay warm without skyrocketing your heating bill? Here are a few ways to keep warm: Make a hot drink: Bundle up and make yourself a warm drink! This will help raise your core temperature, but keep those layers on if you start sweating. When sweat evaporates it can make you a lot colder. Bubble Wrap It’s not just for popping any more. It works great to insulate drafty windows while allowing the sunshine in. Fire it up If you have..
Although it has been a mellow fall so far, It is time to start thinking about winterizing your property. Whether you live there, rent it out or are looking to sell, these are important steps to take to minimize damage caused by the cold weather that is coming. Landscaping and Roofs: Be sure to turn off sprinklers and blow out the lines with compressed air if at all possible. This will help to to decrease freezing and cracking in the lines. Clean out the gutters and ground spouts so they won’t get clogged and overflow. Clean off fallen leaves on the sidewalks/grass to reduce hazards and this..
Why should you conduct rental inspections? No matter how thoroughly you screen tenants, routine inspections are a must for a professional property management company. Inspections are done to protect the property and the rental owners investment, not necessarily because you don’t trust the tenant. Regular inspections benefit both the tenant and the owner/management. These inspections can help to identify any maintenance or issues that need fixing prior to becoming major expenses and/or damages. You can also follow up on your residents to make sure they are complying with the lease agreement and conducting their maintenance responsibilities. And of course, if any damage is being done..
I put the rent money and grocery money into two different envelopes, my kids must have taken the wrong one, so this will have to do for now…