 Non Renew (by Doogie [KS]) Jun 22, 2022 7:56 PM
 Non Renew (by Ken [NY]) Jun 22, 2022 8:17 PM
Non Renew (by DJ [VA]) Jun 22, 2022 8:23 PM
Non Renew (by Hoosier [IN]) Jun 22, 2022 9:02 PM
Non Renew (by Ed [CA]) Jun 22, 2022 9:24 PM
Non Renew (by Tonia [RI]) Jun 22, 2022 9:41 PM
Non Renew (by Vee [OH]) Jun 22, 2022 10:36 PM
Non Renew (by MC [PA]) Jun 23, 2022 10:03 AM
Non Renew (by WMH [NC]) Jun 23, 2022 11:47 AM
Non Renew (by BRAD 20,000 [IN]) Jun 23, 2022 1:39 PM
Non Renew (by Small potatoes [NY]) Jun 23, 2022 2:47 PM
Non Renew (by Small potatoes [NY]) Jun 23, 2022 2:47 PM
Non Renew (by Doogie [KS]) Posted on: Jun 22, 2022 7:56 PM
Message:
Well, I finally had to do it. Gave a tenant a 30 day non-renew letter to take effect at the end of July. Technically, it's more than 30 days.
This tenant was inherited and had no choice on her. Dealt with it for a while. Always paid, but late. Always on her schedule. ALWAYS ignored the late fees. Rent was way under market. Prior owner kind of did a slimy and signed a 1 year lease with the tenant at the low rent right before putting it on the market. So, I was stuck with below market for the first year. I typically try and hold my rent raises to 5%, but this one ended up being 25% increase. Figured she would leave, but didn't. Still paid late. I've had to hang a PoQ notice a few times. Always paid by the 3 days, but again, never the late fees.
Finally had enough and put the 30 day notice on. It was crickets until this morning. She was asking why she was evicted as she paid her rent last week. I replied that even though her June rent was short still, she was not being evicted. We were just not renewing the lease as we had other plans with the unit. She then got a little snotty saying "Perfect, so now I have 30 days to find a new place. That's nice of you. What about my deposit since I didn't originally rent from you?" I explained that the deposit was transferred to me and didn't get a response after that.
So, as stated before, the late fees are quite high now. Would y'all subtract those off on the accounting statement, or just give the deposit back and be glad to be rid of her?
Before you say anything, the lease she was in with prior owner had the payments applying differently. Had to follow that lease until the year was over AND she signed one of my leases. (Here, lease carries over on a MTM basis automatically unless a new lease is signed.) I typically apply any payment to oldest outstanding charge. In this scenario, she would have been evicted long ago for non-payment of rent because all the previous payments would have gone to the prior month's late fees. I pushed the issue of getting her to sign my lease since new management and was dodged the whole time (another reason she got a non-renew).
--70.179.xxx.xxx |
Non Renew (by Ken [NY]) Posted on: Jun 22, 2022 8:17 PM
Message:
If i have to kick someone out i go after everything they owe me,yes i would take it out of security --74.77.xx.xx |
Non Renew (by DJ [VA]) Posted on: Jun 22, 2022 8:23 PM
Message:
Absolutely try to get everything you are owed.
--68.229.xxx.xxx |
Non Renew (by Hoosier [IN]) Posted on: Jun 22, 2022 9:02 PM
Message:
Yes, take late fees, but hopefully you've been continuing to send her an accounting showing the buildup of late fees.
For example...
"Thank you for paying your February rent, but you did not pay the $20 late fee, so you have a balance of $20".
Then in March your note should say...
"Thank you for paying your March rent, but you did not pay the $20 late fee, and you had a balance of $20 late fee from February, so you have a balance of $40".
If you've not been doing something like this, you need to change our practice. --99.92.xxx.xxx |
Non Renew (by Ed [CA]) Posted on: Jun 22, 2022 9:24 PM
Message:
Save yourself some trouble next time. Take the late fees out of the following month's rent and do a PoQ because their rent payment is now short. Don't let this stuff pile up. You kinda trained them that it's ok to pay late with no penalty. --108.201.xx.xx |
Non Renew (by Tonia [RI]) Posted on: Jun 22, 2022 9:41 PM
Message:
I would just get rid of her, cut your losses and she sounds like she will leave peacefully. Sometimes, it's just not a good fit and you inherited her with a sale. --71.117.xxx.xx |
Non Renew (by Vee [OH]) Posted on: Jun 22, 2022 10:36 PM
Message:
You should have done something about late fees at least a few months ago - turn a notebook paper sideways and list the last full timely payment then add the damage found and that is your accounting statement - when you sit on your hands there is no reward. --76.190.xxx.xxx |
Non Renew (by MC [PA]) Posted on: Jun 23, 2022 10:03 AM
Message:
I like you kept it simple. Not evicting-just not renewing. Yes, take late fees out of deposit. Use the amount of days by your state. Don't give money on the spot. If your state allows it, I would pass on a walk through. Keep in mind if you KNOW damage or if "it was there when I got it". --73.230.xxx.xx |
Non Renew (by WMH [NC]) Posted on: Jun 23, 2022 11:47 AM
Message:
We can't deduct late fees from next rent, and if tested in court, judge will not award them if that's our only deduction.
I personally would not deduct late fees over 3-day lates if she doesn't owe anything in rent. Just let her go and be done with it. --71.115.xx.xxx |
Non Renew (by BRAD 20,000 [IN]) Posted on: Jun 23, 2022 1:39 PM
Message:
Doogie,
I see no benefit to reducing her late fees.
Plus, always start high in case it goes to court. Judges can reduce amounts
AND you may never collect the full amount.
My lease is clear: all monies received are applied to the unpaid balance.
BRAD --73.103.xxx.xxx |
Non Renew (by Small potatoes [NY]) Posted on: Jun 23, 2022 2:47 PM
Message:
remember there is no need to mention you are keeping the late fees until you present her w the security accounting and check. but if you have been letting things slide and not formally sending notices each time, I'd let it go. in NY I can't add any charge to rent and call it rent or say rent pays other charge before rent, thus putting them behind on rent. that is why notices are important. --172.58.xxx.xx |
Non Renew (by Small potatoes [NY]) Posted on: Jun 23, 2022 2:47 PM
Message:
remember there is no need to mention you are keeping the late fees until you present her w the security accounting and check. but if you have been letting things slide and not formally sending notices each time, I'd let it go. in NY I can't add any charge to rent and call it rent or say rent pays other charge before rent, thus putting them behind on rent. that is why notices are important. --172.58.xxx.xx |
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