If you have been reading – I have mentioned that I’m in the process of moving. An update of sorts is that Travis and I got the home that we wanted. We along with our awesome realtor were able to get through the bidding war. We also found ourselves the proud owners in the south end of our city. I’m thankful that everything went well. Currently, we are moving out of our first home this weekend and living with Trav’s mother for the whole month of August before we finally move into our 2nd home.
It is everything that we could possibly want in a home. It met all of our requirements and then some! There is so much space both inside the home as well as the back. Though there isn’t much of a privacy fence there are a lot of trees and the neighbours seem very nice (bonus!). The driveway and garage have enough space for all the cars (we have 3 to ourselves) as well as enough space for Matt – Travis’ brother. Which brings be down to the topic of renting or perhaps the fears of a landlord…
Now, Travis and I are not new to renting. In fact, most of the years that we were living in this home we had renters. Sometimes we had two and other times we had just one. We were however very naive to think that all renters would act the same.Renting can be stressful - here are 6 key points when renting out your home Click To Tweet
Fears of being a landlord
Travis and I are back to the idea of renting out the downstairs as an apartment in our new home. Which brings me to being a bit fearful because the last two tenants weren’t exactly great. Granted we could have done things a bit differently, had we known that they were rather shady people, to begin with.
Tenant number one – The unclean nightmare
When you are renting you are trusting that the person will on some level have the idea of what is clean and sanitary. Well, obviously this wasn’t the case. She moved in and I already was on edge for some reason. It just didn’t sit right with me, but I thought it was just me so I told Travis that we need to give her a chance. That didn’t last long because she kept neglecting the rules. Plus I think she stole food, supplies, and money from us. (Honestly I could write up a whole post on her if I wanted to, but for now, I’ll focus on what got her kicked out.) Causing her to get kicked out after about 3 whole weeks… but when we got to her room it was a nightmare.
Kitchen wares were left in her room with food still caked on. Pet feces left all over since she never cleaned up after her rabbit. The smell of pot was so strong coming from all the cloth in the room. Everything reeked and needed to be thrown out. (Including a bed that we gave her to sleep on.)
Countless bags of trashed emptied, vacuumed, walls painted, and the carpet steam cleaned- two whole weeks of work to clean the filth that was left behind. We closed up all the vents to that room and just let it air itself out in hopes that we could save it. Two more weeks of ventilating it and we were back to having a working room again.
Tenant number two – The neglectful pet owner
We had this tenant while dealing with and kicking out the first one stated above. She was okay – up to a certain point. A loner type – stuck to herself for much of the time and paid rent on time. Had a job (for most of her time with us) or always had work to pay us rent. Even had a cat that got along with Bolt. But, the only thing wrong was near the end of her stay she started to neglect her cat. Jobs would take her further and further away from the home and once back would only feed her. Litter boxes were unkept and the cat started to pee in our laundry.
Two weeks of noticing that her cat was peeing on all of our rugs and mats downstairs and noticing that she wasn’t cleaning nor taking the cat to the vet. I finally had to say something and stated that the cat is restricted to the basement until she gets her checked out at the vet. (Which might I add is no way to treat a cat, but I had no choice and I doubt that the tenant would pay for a $600 couch for us if the cat ruined it.) She finally got the cat the medical attention that it needed. However, there would be days where she wouldn’t come home to give the medicine.
Light at the end of a tunnel
I will admit that Travis and I worked on using the trust system – to our naive parts we were fooled into believing that all people would act the same. We were wrong, very wrong at the end of our renting… but that didn’t mean that we didn’t learn from our mistakes. Renting can be both beneficial to both parties if you know how to do it right.
6 tips to renting the right way
- Trust your instincts if you don’t feel right about the tenant do not sign with them
- Background checks are a must – or hire a company to find the tenant for you
- Deposits are also key for those just in case moments
- Make sure all pets are up to date on their shots if you are going to let pets in
- Make sure all rules are laid and written down so that both parties understand what is expected
- Keep up to date with the laws of renting in your area