Anybody rent? Question!

posted 2 years ago in Home
Post # 2
Member
499 posts
Helper bee
  • Wedding: September 2014

I have rented twice from private people.  The first actually was family property that then got baught up in a divorce and became part of a rental managment company and was horrid.  Most of my friends rent only from people who rent a house or two and not chronic landlords or companies.

It dosn’t have to be criminial…although as a landlord I’d always do a background check…I also pretty much decided to rent my last place sight unseen.  It was more about the size and location than anything else.

Post # 3
Member
2455 posts
Buzzing bee

cc1791:  I prefer to rent from private renters than companies mostly because they’re more leniant. Like if the rent check arrives on the 2nd instead of the 1st they don’t freak out and charge you $50.

I can definitely see why some people would prefer not to go with rental companies.

Post # 4
Member
3756 posts
Honey bee
  • Wedding: April 2014

When renting out property, I say that you should always listen to your gut. Your gut is telling you something is off about these people. They may be thinking that a private renter might not be doing a background or credit check, did your FI explain that you do to the person that called? On the flip side, some people have bad experiences with rental companies, hard time getting ahold of someone if there is an issue, etc and may be more comfortable with a private rental. It’s hard to say. Don’t bend the rules though, make them do a tour of the place, particularly so that YOU can meet them in person and get a sense for who they are. Make them fill out all the appropriate paperwork and do all of the checks you normally do. It’s possible nothing will show up and they still will be terrible tenants, it’s so hard to know for sure. Either way, good luck!

Post # 5
Member
2250 posts
Buzzing bee
  • Wedding: September 2014

cc1791:  I’d be immediately suspicious of anyone who seems over eager to move in, right away, sight unseen. Of course there are some legitimate reasons  for that situation ie relocating, seoeration/break up, etc. But, generally it would be a red flag. I almost sublet my place to someone a couple of years ago, who came on super strong, wanted the place immediately, sight unseen, would move in tomorrow, and would pay more than asking. He pulled out his check book and wrote a deposit and first months rent within 5 mins of meeting. Guess what? The check bounced! Fortunately, I did not turn over the keys, before checking with my bank to verify the funds had cleared, or I would have been facing a costly and lengthy eviction process.  My advice, would be to always require deposits and first month’s rent by certified check or money order. 

Post # 6
Member
721 posts
Busy bee
  • Wedding: February 2015

We rent from a private renter and would never rent through a rental company. Our house and the one next door belongs to the landlord’s family and it’s a breeze dealing with him. He always responds quickly to any issues that arise. 

A lot of times (at least in Florida) we find that rental companies are basically slumlords. And it can be a nightmare dealing with them. 

Its also nice to know who you are renting from and to have a face to face chat with them vs a faceless company.

Just as you may be skeptical about people renting privately, it can be sketchy from the renter’s POV too. 

Post # 9
Member
1025 posts
Bumble bee
  • Wedding: September 2012

cc1791:  I currently rent from a property management company and the actual property owner lives out of state (on the other side of the country).  In the future I would prefer a landlord over property management.  We had an issue with the furnace last winter, it was over 30 years old and stopped working.  It needed a major componenant replaced for about $2000.00 plus labor.  It happened at the worst time possible, I was stuck at the house with my infant son, my husband was using our only car to get to and from work and it was about 25-30 degrees outside.  We called as soon as we noticed the issue, and the property manager sent their heating and air company out to look at it.  The HVAC company gave the property manager an estimate and they had to forward it to the owner.  Because of the time zone difference the owner didn’t look at the estimate until the following day, and didn’t respond until the 3rd day.  When he did respond it was to ask them to do another estimate to see if they could bring the cost down.  Long story short, he continued to play games about the issue for 10 days.  At this point I contacted an attorney and had a letter drafted threatening legal action if it wasn’t  fixed.  He finally agreed to the work, but the part needed had to be ordered leaving us without heat for another week.  All together we had no heat (one small electric space heater in the living room) for 18 days.  

In the future I would love to have a landlord in the same town, to avoid this kind of issue.  I know that a landlord could still try to play games about getting something fixed, it just seems easier to deal with one person, especially someone local who you could stop in and speak with directly. 

Post # 11
Member
4819 posts
Honey bee
  • Wedding: May 2014

cc1791:  Between the last 2 times I rented (we own now) I way preferred to rent from the person instead of the management company. And no, I’m not in to any sort of criminal activity lol!!

Post # 13
Member
681 posts
Busy bee
  • Wedding: September 2013

We rent out our condo to tenants, and they seem to appreciate that we don’t mind if a cheque is a few days late and that if there is an issue, we have it resolved as quickly as possible. 

We rent our apartment from a property management business and getting things fixed is impossible. We had ice in our apartment all last winter because things weren’t properly sealed, and it resulted in mould growing in the spring when the snow melted.  If that was my condo, it would have been fixed right away to prevent future lengthy costs.  But property management companies tend not to care as much.  

Trust your gut, for sure, if this particular individual is making you nervous. But I would anticipate you’d receive lots of inquiries from people trying to rent through a private individual rather than a management company.

Post # 14
Member
721 posts
Busy bee
  • Wedding: February 2015

cc1791:  That’s crazy about the grow houses! I’ve also heard of people renting houses to use as brothels. But, that’s the landlords fault for not doing a better background check, etc.

There was also a whole thing about that vacation home rental site AirBNB where homes were being rented by “ladies (or men) of the night” to use for their clients.

That’s great that you live next door, and I think that alone will keep problematic renters away.

Post # 15
Member
2400 posts
Buzzing bee
  • Wedding: July 2013

cc1791:  I try not to rent from rental companies if it can be avoided because there are some really shady ones in my area. All I hear about are complaints (and I work in a law office so I know some of the truth behind many of them) about how they wrongly kept rental deposits even with no damage- taking forever to do work orders and trying to blame the tenant for the issues, our rental companies will actually snoop on the renters and I have heard of renters freaked out to find someone from the copmany looking through their front windows… Generally, If  we like the owner and get a good vibe that’s what matters for us. I much prefer dealing one on one rather than with a company acting on behalf of an owner… 

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