My company went bankrupt so i’m going to be late on rent…..
Friday Fail – Excuse of the Week
“It’s not MY fault that YOU have a mortgage!” It is a fairly common belief that owners of a rental properties have a lot of money, the reality is that most do have mortgages that have to be paid. Mortgage companies don’t except the excuse of, “my tenant didn’t pay rent this month” as a valid reason why they didn’t get the payment. Unfortunately, the end result of not paying the mortgage is a foreclosure and then both the tenant and the owner suffer.
Wednesday War Story – Someone Else’s Credit?
My credit is REALLY bad, so if you don’t mind, I was going to use my friends social on the application! Unfortunately, this would be considered identity theft! photo credit: www.freeimages.com/ivanvicenio
Friday Fail – Excuse of the Week
I’ve decided that I want to pay rent at the end of each month. So you’ll get your money on the 30th! In this situation the lease prevails. If the rent is due on the first, it can not be changed without the agreement of everyone (tenants & management/owners).
Wednesday War Story – Cabinet Conundrum
During a regular, routine inspection, the tenant asks the manager to NOT go into the kitchen. Unfortunately for the tenant, the manager needed to go into the kitchen to complete the inspection. Upon entering the kitchen, the tenant tried to explain… “I saw a great Pintrest picture with open shelving….” Needless to say the tenant had removed EVERY cabinet door and drawer from the kitchen. When they were informed they needed to put the kitchen back together, they found that when they removed doors & drawers they didn’t label them and even the slightest difference was VERY noticeable, and cost them a lot of time..
Friday Fail – Excuse of the Week
I know I didn’t ask if it was ok to get a dog, but I did anyways. What do you mean I can’t keep him…. he’s family! When someone decides to rent out a property they have the right to choose if they would like to allow pets. Simply getting a pet does not mean that you will be allowed to keep it. Talk with your manager BEFORE you bring a pet on to the property to avoid legal consequences.
Wednesday War Story – Life Lessons
It is fairly common for people to assume that expenses are not theirs. In property management it is a daily occurrence. Here are some of the common expenses that are the tenants responsibility that are often assumed to be ‘included’ in a rental: Lightbulbs: #1 on this list is definitely lightbulbs. Upon moving in the light bulbs should all be working. The resident’s use of the lights is what causes them to need to be replaced. This is why it is typically the residents responsibility to change them when they burn out. Furnace Filters: Along the same lines as light bulbs, filters become dirty through..
Friday Fail – Excuse of the Week
I didn’t know I had to give notice when I moved out? This excuse has been used over and over throughout the history of rental properties across the world. The important thing to note, for both tenant and landlord/manager, is that you are legally bound by the contract that you sign. In the state of Utah, the rental contract spells out the amount of notice that must be given by the tenant and/or management, and is enforceable from the moment it is signed. Not thoroughly reading your lease agreement does not exempt you from paying rent.
Friday Fail – Excuse of the Week
Sorry, I can’t pay my rent this month because infertility treatments are REALLY expensive and I REALLY want another baby! * Permission was given to post this comment from the tenant who stated it. We hope that it can be used as a teaching moment to show that even though a reason may feel like the most important excuse in the world, it is still breaking the terms of a lease agreement.
Friday Fail – Excuse of the Week
I want to apply for the rental but won’t have the application fee till for another week or two. But I ‘totally’ want the home…. Will you hold it for me?
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