About to rent my first house - GoFuckYourself.com

sweetcuties · 02-15-2005, 12:19 PM

Any advice

Fletch XXX · 02-15-2005, 12:20 PM

dont rent to people like me

nofx · 02-15-2005, 12:20 PM

Quote:

Originally Posted by Fletch XXX

dont rent to people like me

haha ditto

Veterans Day · 02-15-2005, 12:21 PM

620 or better credit scores

SetTheWorldonFire · 02-15-2005, 12:21 PM

Be aggressive, don't be nice.

give em' an inch and they will take a mile.

sweetcuties · 02-15-2005, 12:23 PM

hahaha, anything special in the rental agreement. Gonna meet with an attorney next week

bringer · 02-15-2005, 12:24 PM

buy, dont rent

Jennifer84 · 02-15-2005, 12:25 PM

Quote:

Originally Posted by bringer

buy, dont rent

i think she means she's renting it out to someone

Screaming · 02-15-2005, 12:25 PM

look over the space well, have a lawyer read the contact if possible and make sure you can afford the place

bringer · 02-15-2005, 12:26 PM

Quote:

Originally Posted by BadFun_Nikki

i think she means she's renting it out to someone

bad wording then

Sosa · 02-15-2005, 12:28 PM

I would pry only rent to a decent family, someone with stable jobs etc. No younger people. But that is just me. Get a good deposit from em also.

gh0st · 02-15-2005, 12:30 PM

Quote:

No younger people.

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

bringer · 02-15-2005, 12:34 PM

Quote:

Originally Posted by gh0st

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

awww, poor baby
im sure theres a nice apartment for you and your friends to trash every weekend when you have your party

Jennifer84 · 02-15-2005, 12:35 PM

Quote:

Originally Posted by gh0st

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

Yeah well first impresions mean a lot so sometimes you have to play the part to get what you want. I'm relatively young myself so I always have to dress up a little more and make sure that I speak correctly in order to be taken seriously. That's just how it is.

detoxed · 02-15-2005, 12:39 PM

Quote:

Originally Posted by Sosa

I would pry only rent to a decent family, someone with stable jobs etc. No younger people. But that is just me. Get a good deposit from em also.

Yes you are breaking the law by doing that

bringer · 02-15-2005, 12:41 PM

Quote:

Originally Posted by detoxed

Yes you are breaking the law by doing that

how so???

nojob · 02-15-2005, 12:43 PM

You need to give everyone an equal opportunity for housing. thats a no no. Thats something you say with your inside voice.

swedguy · 02-15-2005, 12:44 PM

Like someone said, give them an inch and they will take a whole fucking mile.

When I moved to the US I rented my house to a female friend that had just broken up with her boyfriend. I gave her low rent just because she had her own new started business, the breakup was costly so I wanted to be nice. Half a year later I got fucked royally and the whole thing ended up costing me more than what I got from renting it out.

Conclusion, don't be nice and cover your ass, twice.

Pipeline Q · 02-15-2005, 12:45 PM

I used to live in an apartment building where the owner required you to make $x per year to even be considered. It wasn't the nicest apartment I lived in, but my fellow residents were certainly on a higher level than other's I'd lived next to.

There was a difference there between the guy I lived next to there who invited people over a few times a month for a quiet party, and the guy I once lived next to at another place who wrecked his apartment two or three times a week.

sweetcuties · 02-15-2005, 12:46 PM

Quote:

Originally Posted by swedguy

Like someone said, give them an inch and they will take a whole fucking mile.

When I moved to the US I rented my house to a female friend that had just broken up with her boyfriend. I gave her low rent just because she had her own new started business, the breakup was costly so I wanted to be nice. Half a year later I got fucked royally and the whole thing ended up costing me more than what I got from renting it out.

Conclusion, don't be nice and cover your ass, twice.

Gonna make sure I have an iron clad agreement. I've been reading "Secret of a Millionaire Landlord" by Robert Shemin and it's one of the best books I've got.

Sosa · 02-15-2005, 12:49 PM

Quote:

Originally Posted by detoxed

Yes you are breaking the law by doing that

oh lol... I didn't know that. I'm not a landlord heh.

modF · 02-15-2005, 01:05 PM

Quote:

Originally Posted by gh0st

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

I once thought the same thing, 10 years later I would not have rented to myself at 18 either.

UniversalPassLorence · 02-15-2005, 01:13 PM

Main things, they got to have a good credit (do a credit report) and good source of income (check it). Other things you should consider: Have a lease with all the rules included (late payments, bounce checks, noise ...), & check your city/state laws for tenants, have a list and have them sign the specific condition of the unit (new paint, carpet, shades ....). Good luck

V_RocKs · 02-15-2005, 01:17 PM

Quote:

Originally Posted by gh0st

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

And this is why...

PerfectionGirls · 02-15-2005, 01:23 PM

Just know there there is no "iron clad aggreement" when it comes to renting. The tenant always has the upper hand. There are very clear laws that protect tenants from eviction and collection of rents owed. Just know, that in most every case, the tenant will be given the benefit of the doubt if you should need to evict. The eviction process is a very slow one, that can take up to 90 days to remove a tenant that has not paid rent from your proporty. Even then, the judge in most cases will grant payment extentions if they house is not being damaged. The wrong tenant can be hell to get out.

I had 6 houses at one time with my brother. It was ok, but a shit load of work. We made money on the deal, but we had out share of bad tenants. Some were really nice people and at times had good reason for not being able to pay. Shit happens.

All I can say is that its not an easy way to make a buck.

beemk · 02-15-2005, 01:46 PM

i read a few books, i close on my first investment property in a week or two and i'm going to rent it out. the best thing i read in the books is to put this in the ad. lets say you want to rent for 750. make the ad like this:

DISCOUNT RENT
blah blah blah $800 a month. $100 discount to tenants who take care of minor maintenance and pay rent on time.

you could do 850 and you will get $750 but its worth losing the $50 so they dont call you every day with small problems and think they can pay the rent late. i still havent talked to a lawyer yet but i'm going to do that before i rent my first house. if you havent done that that should be the first thing you should do.

beemk · 02-15-2005, 01:50 PM

Quote:

Originally Posted by gh0st

You motherfuckers make 18 year olds like myself take forever to find a decent crib, I'm more successful than almost every old person I meet but my first impression is that gangster looking pimpdaddy webmaster who's going to disrespect your building.

FUCK YOU

Location: BEANTOWN, MASS - hit me up, I'll let you come by and drink a few beers if you aren't a herb

nuff said

sweetME · 02-15-2005, 02:37 PM

Be stricked with the renters. Don't give in easily.

sweetcuties · 02-15-2005, 02:54 PM

Quote:

Originally Posted by beemk

i read a few books, i close on my first investment property in a week or two and i'm going to rent it out. the best thing i read in the books is to put this in the ad. lets say you want to rent for 750. make the ad like this:

DISCOUNT RENT
blah blah blah $800 a month. $100 discount to tenants who take care of minor maintenance and pay rent on time.

you could do 850 and you will get $750 but its worth losing the $50 so they dont call you every day with small problems and think they can pay the rent late. i still havent talked to a lawyer yet but i'm going to do that before i rent my first house. if you havent done that that should be the first thing you should do.

Congrats bro... good advice

Illicit · 02-15-2005, 03:38 PM

Check out this site... http://www.mrlandlord.com/

sonofsam · 02-15-2005, 03:39 PM

if its me.... i'm going to start a grow op and smash out all the walls in your basement.. lol

NetRodent · 02-15-2005, 04:03 PM

I'd suggest setting it up so that rent is automatically widthdrawn from the tenants bank account on the first of the month.

sonofsam · 02-15-2005, 04:04 PM

Quote:

Originally Posted by NetRodent

I'd suggest setting it up so that rent is automatically widthdrawn from the tenants bank account on the first of the month.

don't be lazy.. check in on them

NetRodent · 02-15-2005, 04:06 PM

Quote:

Originally Posted by sonofsam

don't be lazy.. check in on them

You only need to visit them if the withdrawl doesn't go through.
mid 90's I managed about 20 properties with around 60 apartments distributed among them. Every visit is a chance for them to complain about something else that needs to be fixed.

flashfire · 02-15-2005, 04:07 PM

Quote:

Originally Posted by Veterans Day

620 or better credit scores

credit check to rent a house! that would never fly here

sonofsam · 02-15-2005, 04:08 PM

Quote:

Originally Posted by NetRodent

You only need to visit them if the withdrawl doesn't go through.

Or to make sure they arn't doing shady shit....

tony286 · 02-15-2005, 04:17 PM

if you have the right personality you can do well, my friend is a electrical engineer and he has 4 rental houses . He has a advantage he can do all the work himself. Remember be friendly not familiar. Its not like I love lucy

beemk · 02-16-2005, 01:40 AM

where is the best place to do credit checks?

wargames · 02-16-2005, 02:15 AM

Consider the neighbors you'll be having. Are they nosy, noisy?

Phoenix · 02-16-2005, 02:17 AM

in what country?

rental agreements are a joke here...but wil get you your money in small claims court

02-15-2005, 12:19 PM	#1
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	About to rent my first house Any advice __________________

02-15-2005, 12:20 PM	#2
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	dont rent to people like me __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

02-15-2005, 12:21 PM	#4
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	620 or better credit scores __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

02-15-2005, 12:21 PM	#5
SetTheWorldonFire Confirmed User Industry Role: Join Date: Feb 2002 Location: California Posts: 7,444	Be aggressive, don't be nice. give em' an inch and they will take a mile. __________________ www.STWOFDesign.com hit me up on icq 154206276 or Skype: JaimeGizzle

02-15-2005, 12:23 PM	#6
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	hahaha, anything special in the rental agreement. Gonna meet with an attorney next week __________________

02-15-2005, 12:24 PM	#7
bringer i have man boobies Join Date: Jul 2003 Location: van down by the river Posts: 13,082	buy, dont rent __________________ 333-765-551

02-15-2005, 12:25 PM	#9
Screaming I can change this!!!!! Join Date: Feb 2004 Posts: 18,972	look over the space well, have a lawyer read the contact if possible and make sure you can afford the place __________________

02-15-2005, 12:28 PM	#11
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	I would pry only rent to a decent family, someone with stable jobs etc. No younger people. But that is just me. Get a good deposit from em also.

02-15-2005, 12:43 PM	#17
nojob The Original NoJob Join Date: Feb 2004 Location: Jerzzey Posts: 3,682	You need to give everyone an equal opportunity for housing. thats a no no. Thats something you say with your inside voice.

02-15-2005, 12:44 PM	#18
swedguy Confirmed User Industry Role: Join Date: Jan 2002 Posts: 7,981	Like someone said, give them an inch and they will take a whole fucking mile. When I moved to the US I rented my house to a female friend that had just broken up with her boyfriend. I gave her low rent just because she had her own new started business, the breakup was costly so I wanted to be nice. Half a year later I got fucked royally and the whole thing ended up costing me more than what I got from renting it out. Conclusion, don't be nice and cover your ass, twice.

02-15-2005, 12:45 PM	#19
Pipeline Q Confirmed User Join Date: Dec 2004 Posts: 3,891	I used to live in an apartment building where the owner required you to make $x per year to even be considered. It wasn't the nicest apartment I lived in, but my fellow residents were certainly on a higher level than other's I'd lived next to. There was a difference there between the guy I lived next to there who invited people over a few times a month for a quiet party, and the guy I once lived next to at another place who wrecked his apartment two or three times a week.

02-15-2005, 01:13 PM	#23
UniversalPassLorence Confirmed User Join Date: Dec 2004 Location: Califonia Posts: 3,721	Main things, they got to have a good credit (do a credit report) and good source of income (check it). Other things you should consider: Have a lease with all the rules included (late payments, bounce checks, noise ...), & check your city/state laws for tenants, have a list and have them sign the specific condition of the unit (new paint, carpet, shades ....). Good luck __________________ $25.00 PPS for $1.00 Trial Making Webmasters Money Since 1997 ICQ: 305090349

02-15-2005, 01:23 PM	#25
PerfectionGirls Too lazy to set a custom title Join Date: Oct 2002 Location: MI Posts: 4,484	Just know there there is no "iron clad aggreement" when it comes to renting. The tenant always has the upper hand. There are very clear laws that protect tenants from eviction and collection of rents owed. Just know, that in most every case, the tenant will be given the benefit of the doubt if you should need to evict. The eviction process is a very slow one, that can take up to 90 days to remove a tenant that has not paid rent from your proporty. Even then, the judge in most cases will grant payment extentions if they house is not being damaged. The wrong tenant can be hell to get out. I had 6 houses at one time with my brother. It was ok, but a shit load of work. We made money on the deal, but we had out share of bad tenants. Some were really nice people and at times had good reason for not being able to pay. Shit happens. All I can say is that its not an easy way to make a buck. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

02-15-2005, 01:46 PM	#26
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	i read a few books, i close on my first investment property in a week or two and i'm going to rent it out. the best thing i read in the books is to put this in the ad. lets say you want to rent for 750. make the ad like this: DISCOUNT RENT blah blah blah $800 a month. $100 discount to tenants who take care of minor maintenance and pay rent on time. you could do 850 and you will get $750 but its worth losing the $50 so they dont call you every day with small problems and think they can pay the rent late. i still havent talked to a lawyer yet but i'm going to do that before i rent my first house. if you havent done that that should be the first thing you should do. __________________ I host with Vacares

02-15-2005, 02:37 PM	#28
sweetME Confirmed User Join Date: Nov 2004 Posts: 3,162	Be stricked with the renters. Don't give in easily. __________________ Email: questions @ Prodinix.com \| Site: Prodinix.com

02-15-2005, 03:38 PM	#30
Illicit wtf ? Join Date: Dec 2003 Location: GFY Posts: 11,895	Check out this site... http://www.mrlandlord.com/ __________________ Insert Sig Here

02-15-2005, 03:39 PM	#31
sonofsam Too lazy to set a custom title Join Date: Dec 2004 Location: Vancouver Posts: 18,638	if its me.... i'm going to start a grow op and smash out all the walls in your basement.. lol __________________ I like turtles.

02-15-2005, 04:03 PM	#32
NetRodent Confirmed User Join Date: Jan 2002 Location: In the walls of your house. Posts: 3,985	I'd suggest setting it up so that rent is automatically widthdrawn from the tenants bank account on the first of the month. __________________ "Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats." --H.L. Mencken

02-15-2005, 04:17 PM	#37
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	if you have the right personality you can do well, my friend is a electrical engineer and he has 4 rental houses . He has a advantage he can do all the work himself. Remember be friendly not familiar. Its not like I love lucy

02-16-2005, 01:40 AM	#38
beemk CLICK HERE Industry Role: Join Date: Jan 2002 Posts: 20,829	where is the best place to do credit checks? __________________ I host with Vacares

02-16-2005, 02:15 AM	#39
wargames Kliris Join Date: May 2003 Location: ca Posts: 10,423	Consider the neighbors you'll be having. Are they nosy, noisy? __________________ ICQ 212-115-582 Email Steve at Vas Media Group .com

02-16-2005, 02:17 AM	#40
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,462	in what country? rental agreements are a joke here...but wil get you your money in small claims court __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io