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Old 09-23-2008, 10:59 PM   #1
CorruptCultureCorruptCulture is offline
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Default World's Worst Apartment

I'm speechless... I honestly do not know what to say.

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Old 09-23-2008, 11:01 PM   #2
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Quote:
Originally Posted by CorruptCulture View Post
I'm speechless... I honestly do not know what to say.

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Old 09-24-2008, 12:08 AM   #3
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Hate to tell you guys, not so uncommon. In scanning through the MLS for rental properties I ran across a house that was actually worse in Garden Grove.
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Old 09-24-2008, 06:37 AM   #4
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I was a landlord for a time. Although I never encountered anything like this, I sure spent a lot of money rehabbing the place when tenants moved out.
Some people are animals.
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Old 09-24-2008, 01:00 PM   #5
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Originally Posted by gunfish View Post
I was a landlord for a time. Although I never encountered anything like this, I sure spent a lot of money rehabbing the place when tenants moved out.
Some people are animals.
Beyond the deposits?

In my studying how to do this and minimize risk, here's my list so far for managing the property once acquired:

- criminal background check
- credit check
- income verification
- reference to previous place of residence
- include water and landscaping as part of rent
- walk property once or twice a year
- one year lease, first last and security paid in cash before move in, pets extra (or not at all)
- absolutely strict enforncement of all lease terms: due on the first, late on the 3rd, eviction proceedings begin as soon as legally possible thereafter and ceased only when full payment received
- no partial payments
- enforce late payment penalty
- if ever a late payment, all future payments in cash

And of course, all spelled out crystal clear in the lease. Then do a good job of maintaining the property in good working order and being a swell landlord. Of course there are no guarantees or perfect procedures to protect yourself from slap-dicks but these seem to be some things to improve the odds. The one thing I've heard over and over is NEVER go on gut feeling. Since I'm a machine and don't have any feelings that'll be easy.
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Old 09-24-2008, 01:26 PM   #6
CorruptCultureCorruptCulture is offline
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Old 09-24-2008, 06:43 PM   #7
gunfishgunfish is offline
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Quote:
Originally Posted by Vettezuki View Post
Beyond the deposits?

In my studying how to do this and minimize risk, here's my list so far for managing the property once acquired:

- criminal background check
- credit check
- income verification
- reference to previous place of residence
- include water and landscaping as part of rent
- walk property once or twice a year
- one year lease, first last and security paid in cash before move in, pets extra (or not at all)
- absolutely strict enforncement of all lease terms: due on the first, late on the 3rd, eviction proceedings begin as soon as legally possible thereafter and ceased only when full payment received
- no partial payments
- enforce late payment penalty
- if ever a late payment, all future payments in cash

And of course, all spelled out crystal clear in the lease. Then do a good job of maintaining the property in good working order and being a swell landlord. Of course there are no guarantees or perfect procedures to protect yourself from slap-dicks but these seem to be some things to improve the odds. The one thing I've heard over and over is NEVER go on gut feeling. Since I'm a machine and don't have any feelings that'll be easy.
Let's just say I was a lot younger then. I was naive (voted for Jimmy Carter if you can believe it.....sheesh!) and I thought all people were good-hearted and good natured. I did check tenants with previous landlords, and ran credit / income checks. But this is where I disagree with you. I think my main flaw was not trusting my gut feelings. Maybe the problem was not even recognizing the gut feelings. Oh well, lessons learned.
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Old 09-24-2008, 08:15 PM   #8
enkeivetteenkeivette is offline
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Old 09-24-2008, 08:27 PM   #9
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And I thought seeing a wine glass with mold growing on it in my roommate's room was bad. No way in hell I could live with someone like that.
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Old 09-25-2008, 08:03 PM   #10
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I do love that there is a bottle of 409 or some kind of shower spray...


...and the fact that she cared enough to iron her clothes.
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