Parents at lease signing (by NE [PA]) Apr 16, 2019 5:12 PM|
Parents at lease signing (by BillW [NJ]) Apr 16, 2019 5:31 PM
Parents at lease signing (by Nicole [PA]) Apr 16, 2019 5:52 PM
Parents at lease signing (by Still Learning [NH]) Apr 16, 2019 5:58 PM
Parents at lease signing (by Deanna [TX]) Apr 16, 2019 5:59 PM
Parents at lease signing (by Robert J [CA]) Apr 16, 2019 6:58 PM
Parents at lease signing (by S i d [MO]) Apr 16, 2019 7:06 PM
Parents at lease signing (by melinda [MD]) Apr 16, 2019 7:14 PM
Parents at lease signing (by MikeA [TX]) Apr 16, 2019 7:43 PM
Parents at lease signing (by small potatoes [NY]) Apr 16, 2019 8:07 PM
Parents at lease signing (by WMH [NC]) Apr 17, 2019 3:23 AM
Parents at lease signing (by Sparky [PA]) Apr 17, 2019 3:36 AM
Parents at lease signing (by Jeffrey [VA]) Apr 17, 2019 4:44 AM
Parents at lease signing (by David [MI]) Apr 17, 2019 5:54 AM
Parents at lease signing (by BillW [NJ]) Apr 17, 2019 5:57 AM
Parents at lease signing (by WMH [NC]) Apr 17, 2019 6:08 AM
Parents at lease signing (by Jim In O C [CA]) Apr 17, 2019 6:28 AM
Parents at lease signing (by Roy [AL]) Apr 17, 2019 6:38 AM
Parents at lease signing (by BillW [NJ]) Apr 17, 2019 7:04 AM
Parents at lease signing (by myob [GA]) Apr 17, 2019 7:18 AM
Parents at lease signing (by BillW [NJ]) Apr 17, 2019 8:50 AM
Parents at lease signing (by BRAD 20,000 [IN]) Apr 17, 2019 10:34 AM
Parents at lease signing (by BRAD 20,000 [IN]) Apr 17, 2019 10:39 AM
Parents at lease signing (by Wilma [PA]) Apr 17, 2019 10:48 AM
Parents at lease signing (by Still Learning [NH]) Apr 17, 2019 12:44 PM
Parents at lease signing (by Pmh [TX]) Apr 17, 2019 2:31 PM
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Parents at lease signing (by NE [PA]) Posted on: Apr 16, 2019 5:12 PM
How do you all deal with parents at a lease signing? The ones who like to hover around and ask 1,000 questions about the unit their little princess is about to live in.
I don't have an issue with it now, but another landlord and I are talking about it at the moment about how it's just one of those things we can't stand.
I need a way to keep them out of the unit during lease signing, without seeming like a total _______.
Maybe mentioning something about letting them do a walk through with little Johnny or Katie and then to wait outside while we sign lease.
How do you do it? --174.201.xx.xxx
Parents at lease signing (by BillW [NJ]) Posted on: Apr 16, 2019 5:31 PM
I think sometimes parents want to be the hero and save their teen from danger, so they need to say something and take action at the lease signing meeting. I have parents question "isn't a gas dryer an explosion hazard?" or at the lease signing: "how about we postpone the lease signing until I can work up a housemate agreement they can all sign?"
I put up with it because: a lot of good kids have involved parents, it doesn't happen that often and usually when it does, the lease signing meeting is the last I hear of them, and sometimes a parent makes a good group leader and collects rents.
And usually I'm not signing a lease at the rental property. My sequence is: house tour, applications, then lease signing and submitting security deposits, which I usually do at my house.
Parents at lease signing (by Nicole [PA]) Posted on: Apr 16, 2019 5:52 PM
I see nothing wrong with parents helping young adults with a legal contract. We teach our kids all kinds of life skills from crib onward.
Parents at lease signing (by Still Learning [NH]) Posted on: Apr 16, 2019 5:58 PM
I usually only get parents at the lease signing if they are co-signing. Sometimes I get parents at showings. I am happy to answer parent questions but make it clear once their children sign the lease, their children are the ones I will communicate with. I go over every lease clause in an abbreviated version to make sure we are all on the same page. Parents are welcome to hear it. This might be more comfortable for me since I am a teacher and have always dealt with parents. --24.61.xxx.xx
Parents at lease signing (by Deanna [TX]) Posted on: Apr 16, 2019 5:59 PM
I usually view it as having tenants who have a local support base-- which is a healthy thing. Whether it's an extra hand with the kids, or an extra hand in keeping the finances straight, or an extra hand in keeping things tidy--- having involved parents/grandparents increases the chances of a young adult's success when the unexpected happens.
Usually, by the time we get to lease signing, they've already been in the house once or twice and have had the chance to ask questions. I'm usually confident enough in my properties that I'm not anxious about having them filled by anyone in particular. I don't want anyone in my home who feels like they're "settling". I want them to appreciate it. So if a prospect is overly critical, I usually agree with them-- "You're totally right!" Because I don't want critical people in my homes. --96.46.xxx.xx
Parents at lease signing (by Robert J [CA]) Posted on: Apr 16, 2019 6:58 PM
I had an open house at one of my "A" properties in a "B" area location. A couple expecting their first child showed up with both sets of parents asking a bunch of questions. By the time they got around to making a decision, I had already accepted and processed an application during this open house.
So in their foreign language the were saying to one another I didn't accept them because she was expecting and I didn't want children. I responded in English that I have another vacancy a few blocks away and headed to my next open house. So they drove over to this property, a "B" property in a "B" location.
Again with the questions. Again before they could make up their minds, an hour passed and I accepted another applicant. I told them that I had another vacancy another few blocks away and was conducting an open house tomorrow. They asked if I could show them the unit today. I said, "Sure" -- meet you then in 1 hour.
This was a "C" property in a "C" location. They grabbed it. No questions. They have now lived there 4 years. Now that they are expecting a second child they wanted a larger unit. I put them on my list. When I told them where the building was located, the husband wanted to show his dad the apartment. I told them "NO", it's still a construction sight and when it's safe, I will allow the couple to see it without any guests. --47.156.xx.xx
Parents at lease signing (by S i d [MO]) Posted on: Apr 16, 2019 7:06 PM
Have a talking lease (i.e. recording) of your move-in spiel. People are less likely to interrupt an MP3/recording.
Also, set the expectation up front. "Congratulations Mr./Mrs. Smith on your daughter's new home. We only have one hour to get thru this and there's a lot to be done so let's get started!"
Then move briskly. Have a checklist. When time is up...it's up.
Lawyers bills by the hour...this creates a sense of urgency. Find ways to create that same sense. --173.20.xxx.xxx
Parents at lease signing (by melinda [MD]) Posted on: Apr 16, 2019 7:14 PM
Never have had that happen. Yeah! We do currently have one dad who has made it possible to get the rent on time every month. He is a retired military guy. Wish we had more like him. He supposedly collects 1/4 of the monthly rent from them each week. I would imagine that he adds money if needed. Says he wants the grand kids to have a roof over their heads. He cosigned the lease. --24.233.xxx.xx
Parents at lease signing (by MikeA [TX]) Posted on: Apr 16, 2019 7:43 PM
I don't have a problem answering questions from parents but I do make it clear that this lease is with those listed on the lease and I expect the tenants to be the only ones who let me know of maintenance issues and any other communications after we go through the lease. Usually, I will throw in a statement something like "I expected nothing less from my own boys as they were spreading their wings and taking the responsibility that goes with leasing a place of their own." A lot of times parents will emphasize the responsibility aspect with their kid at that point and then back off. --50.26.xx.xxx
Parents at lease signing (by small potatoes [NY]) Posted on: Apr 16, 2019 8:07 PM
I have more tenants who want to see the lease in advance. all the time in my B building. Young professionals come to town w/ parent and zoom around and look at rentals. Don't usually see them again til moving day. I send a pdf of a 'draft' lease with no space to put names or info and write draft throughout the text so no one can try to claim it is a valid lease. Certainly doesn't have my name on it. If you did this it would cut down on questions at the signing.
I like that they read it and know what is expected of them.
No one has challenged anything in it. --24.194.xx.xx
Parents at lease signing (by WMH [NC]) Posted on: Apr 17, 2019 3:23 AM
I rent to a lot of first timers. I like it when the parents come to look, shows they have someone to borrow the rent from if necessary. Dads ask the questions the kids don't think of, but we have the right answers so that's no biggie.
I tell them during showings the lease is 14 pages, and to read it carefully and ask questions before signing it.
The lease is sent via email, they read and sign it online, I don't sit with them. --50.82.xxx.xx
Parents at lease signing (by Sparky [PA]) Posted on: Apr 17, 2019 3:36 AM
Give your tenants the lease to review or take to their counsel prior to signing. Meeting the parents shouldn't be a problem for a normal person with people skills. Your friend sounds like he is probably a misanthrope. --100.6.xx.xxx
Parents at lease signing (by Jeffrey [VA]) Posted on: Apr 17, 2019 4:44 AM
BillW - Please tell me that I am not reading the following statement you wrote above correctly - "And usually I'm not signing a lease at the rental property.... then lease signing and submitting security deposits, which I usually do at my house."
Please No, no, no... not at "your" house. --173.50.xx.xxx
Parents at lease signing (by David [MI]) Posted on: Apr 17, 2019 5:54 AM
I've had plenty of parents come to the showing and a couple come to the lease signing. The latter seem to be for moral support and of course help with the moving and cleaning. Never had a parent butt in on the lease other than to ask basic questions during showing. --144.250.xx.xx
Parents at lease signing (by BillW [NJ]) Posted on: Apr 17, 2019 5:57 AM
Jeffrey, yes, you read it correctly, I do sign leases at my house. I've been doing it for 13 years and haven't had a problem. I guess I've broken a lot of other rules too. I'm upfront with all my tenants about everything, they know I'm the owner, I tell them anything they want to know about me and I've been friends with many of them over the years. I've been invited to and gone to their parties. My wife and I danced, while my tenants entertained my children. That being said, I am firm about my acceptance criteria, late fees and the like. And I pray the Lord's hand may be on me and his will be done. But thanks, I appreciate your concern for me :-) It was great to get to know you a bit at the boot camp!! --100.1.xxx.xxx
Parents at lease signing (by WMH [NC]) Posted on: Apr 17, 2019 6:08 AM
I can't hide from many of my tenants, Jeffrey, as they live on property. It's a small beach and finding us is too easy, everything is online. Look up my name online and NC publishes voter registration with addresses. Which is why we have a gun in the house.
Bill, having good tenants is important but you never know who they are associated with. Had the boyfriend of a prospective tenant - she screened fine - get arrested for trafficking in heroin. Another had one with multiple assault arrests and lots of "damage to personal property" charges over multiple years. Had a guy who screened fine but his GF had SERIOUS assault charges against another woman and was later arrested for dealing.
It's the company they keep that can be the problem. --50.82.xxx.xx
Parents at lease signing (by Jim In O C [CA]) Posted on: Apr 17, 2019 6:28 AM
A few years ago a young couple and mom and dad were looking at my vacancy. Son would ask a question and dad would finish the sentence. After two minutes of this I said one more question from anyone not interested in living here Iím leaving. Son took dad aside and dad shut up.
I rented the home and never saw dad again. --99.23.xxx.x
Parents at lease signing (by Roy [AL]) Posted on: Apr 17, 2019 6:38 AM
Parents at the lease signing is one thing but later on when they call you to complain about every little thing in the house, that is when I have a problem with helicopter parents. --68.63.xxx.xxx
Parents at lease signing (by BillW [NJ]) Posted on: Apr 17, 2019 7:04 AM
The most infamous student I've rented to was a girl who was involved in a paddling hazing incident. I didn't find out until after I rented. But she never tried to paddle me or any of my tenant,s so it worked out ok.
And yes WMH, who they associate with can be trouble. Years ago I rented a house with some girls and we started wondering why all these cars were stopping in front of our house. Turns out one girl's boyfriend was dealing drugs. --100.1.xxx.xxx
Parents at lease signing (by myob [GA]) Posted on: Apr 17, 2019 7:18 AM
Privacy and security is every LL's dream. I got a kick out of never a problem and been doing it 13 years. REALLY!!!!
IT only takes one problem.... as you can read in the paper every day.
College Park man was fixing up his rental when he didn't come home his wife went to check on him-- he had been shot. Wife said we've never had a problem before..
When we were novices we thought it was OK to have rent brought every month-- until we found cash sitting in the drop box. Drop off rent in the morning-- have friend comeback and get it that night! wink wink. who can take those chances nowadays?
Don't be foolish-- AKA be a fool.
We know Jeffrey is to polite to say it that way. --99.103.xxx.xxx
Parents at lease signing (by BillW [NJ]) Posted on: Apr 17, 2019 8:50 AM
myob, it seems to me if someone wanted to hurt you, they could do it without knowing your address. You described in your example, how that could happen.
One reason I do a lease signing at my house, is so students can see I don't sleep on a giant pile of gold (with cash for cushioning). By talking to students all the time and running surveys, I understand what's important to them in housing and make it happen. I'm selective to who I rent to and I treat my student tenants with respect, and for the most part, they act in kind. In 13 years, no one has intentionally damaged my house, as far as I can tell (lots of wear and tear, to be sure)
My biggest risk of getting hurt, is sometimes I feel like I'm Parnelli Jones, and drive that way. This I need to stop :-) --100.1.xxx.xxx
Parents at lease signing (by BRAD 20,000 [IN]) Posted on: Apr 17, 2019 10:34 AM
My reaction was the same as Jeffrey's.
Times have changed. If you love your family you will NOT invite strangers into your home. You've been lucky so far but the odds are catching up to you.
"Never had a problem" is NOT an excuse for lack of security. That's like my friend who does not wear a seat belt because he's "never had a problem".
Seeing your standard of living will not deter renters from seeing the LL as a rich bully.
We simply sign at the rental or MacDonalds.
Do it for the ones you love.
Parents at lease signing (by BRAD 20,000 [IN]) Posted on: Apr 17, 2019 10:39 AM
I've only had parents show up a few times in many years. Usually they attend for moral support or to supply deposit money and hang off to the side.
Parents can make or break a deal so I'm OK helping the parents understand what we are doing.
Most recent lease signing with a parent - the Mom emphasized the parts about paying on time, how our autodraft was great for the daughter (resident), and made certain the daughter understood the ELT. Interestingly the daughter got married and bought a house before the lease ended so this MOTHER paid the $2000 ELT!
Parents at lease signing (by Wilma [PA]) Posted on: Apr 17, 2019 10:48 AM
I've been on the parent end, myself. When our eldest rented for the first time, I went to the showing and the lease-signing as moral support and "interpreter" (for lease language).
I made it clear to the rental agent that was my role, and that I understood that I had no standing to be contacting her at all in the future, unless there was an emergency.
(Honestly, I was also there because that PM was well-known as a hard character who pushed tenants around a bit, so I was also on the lookout for inserted language that was not in the sample lease.) --71.175.xxx.xxx
Parents at lease signing (by Still Learning [NH]) Posted on: Apr 17, 2019 12:44 PM
It is interesting being the parent during college apartment hunting. I think I do the landlordís job for them. I have my kids send the lease before signing and then send them an email with all the potential clauses that could cost them $ or problem with the landlord and then make them use their own $ for security deposits. That is why my kids are left doing all the cleaning at the end... they want their money back. --107.77.xx.xxx
Parents at lease signing (by Pmh [TX]) Posted on: Apr 17, 2019 2:31 PM
I rent primarily to college students. most have been first year. I welcome parents to review lease & ask questions. I want them to be assured. I ensure they understand the contract. all my students have renewed 2-3 years. Absolutely did I review contracts for my kids when they rented first time. I reviewed with them also... --70.119.xxx.xxx
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