Mon 4 Dec 2006
This week’s edition of the Carnival of Real Estate Investing is now posted at Landlord Shmandlord. This carnival has carved out a niche in the investing world and it highlights blog posts from all over the internet that are related to REI. One of my posts made the top 10 this week 
Be sure to check it out and you can also participate if you’re a blogger!
2 Responses to “CoREI 3”
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December 13th, 2006 at 12:26 pm
Wow, that is truly disgusting. Is there anything a landlord can do if they suspect the the tenant might be causing permanent damage to the space? Replacing appliances is not a cheap thing to do.
It looks like this tenant needs a psychologist more than a housekeeper…
December 13th, 2006 at 12:58 pm
Yeah, we have experienced more than a few psychological issues with this tenant.
You can conduct regular inspections of your units and then if there is a problem, issue a notice to comply or quit. This means the tenant has so many days to clean up or move out because they are violating the terms of their lease (your lease should have some language that says they are expected to maintain their unit).
We had tried to get her to clean up several times to no avail, and then eventually gave up because we knew as soon as she either moved out or we kicked her out we’d have a significant rehab expense. The unit was pretty bad already when we bought the building.