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#1 |
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Pro
Trade: Cabinetry
Join Date: Dec 2008
Posts: 161
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Remodeling A House So A Tenant Can Pay Rent
Just curious, would any of you remodel a rental house that you owned if your tenant fell behind in rent, just so that he would be able to work the debt off?
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#2 |
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KemoSabe
Trade: residential framing/siding/general carpentry
Join Date: Feb 2009
Location: Vineland, New Jersey
Posts: 12,829
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Re: Remodeling A House So A Tenant Can Pay Rent
I'd be more likely to give him a job....... then change the locks when he left for work.
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__________________________________ "Walking the fine line between production and perfection" __________________________________ |
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#3 |
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chief pencil holder
Trade: Custom Cabinet Maker, Handrail
Join Date: Mar 2009
Location: sacramento CA
Posts: 1,271
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Re: Remodeling A House So A Tenant Can Pay Rent
no.
Evict him, fix up the house, up the rent and re-rent.
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http://sacramentomillworks.com |
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#4 | |
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LRG WoodCrafting
Trade: Master Sawdust Producer
Join Date: May 2005
Location: Windsor Locks, Connecticut
Posts: 13,232
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
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Sawdust Follows Me Everywhere http://lrgwood.com Custom Cabinets in Hartford County Connecticut |
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#5 |
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I'm a Mac
Trade: ICF Construction
Join Date: Apr 2007
Location: Hog Town
Posts: 3,266
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Re: Remodeling A House So A Tenant Can Pay Rent
Is your name Bank of America and you are trying to justify a bailout?
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Chris |
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#6 |
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Pro
Trade: framing/remodeling
Join Date: Feb 2005
Location: NE Ohio
Posts: 3,696
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Re: Remodeling A House So A Tenant Can Pay Rent
I think this is admirable and could be a win win situation. Helping somebody get back on their feet is a noble thing to do and will surely boost his morale. Just hope that it provides a temporary solution and doesn't end up going bad.
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#7 |
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Pro
Trade: Licensed Colorado electrician, licensed B-1 GC
Join Date: Jul 2005
Location: Colorado Front Range
Posts: 2,604
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Re: Remodeling A House So A Tenant Can Pay Rent
Often the tenants who are behind on their rent have no real skills and no real work ethic. But, i've put tenants to work and rented places to the help over the years. I've also gotten paid in motorcycles, guitars, lawnmowers, etc. I got burned more than a few time but have no complaints.... Right now an auto mechanic owes me rent but i'm not going to let him work on my cars. I just don't think he would do a very good job.
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#8 |
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Handle It!
Trade: Everything The Union Guys Do Not Want To Do
Join Date: Feb 2008
Location: Brooklyn, NY ~ Haverford, PA
Posts: 9,384
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Re: Remodeling A House So A Tenant Can Pay Rent
By doing this you are essentially changing the dynamic of your relationship and therefore opening a can of worms!!!!
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Something to One may be Nothing to another! Ultimate Wisdom--------- http://www.youtube.com/watch?v=OW-cnizLDEE |
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| The Following User Says Thank You to MALCO.New.York For This Useful Post: | A W Smith (05-25-2009) |
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#9 |
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Pro
Trade: Landscaping
Join Date: May 2009
Location: Genesee, ID
Posts: 846
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Re: Remodeling A House So A Tenant Can Pay Rent
If he was employed and making enough money to pay the rent and fell behind because of an emergency, then sure. We've all had financial hiccups at one point or another.
If he's unemployed and has no income to cover the rent that I'd start the eviction process. I'd also make him pay rent during the remodel and figure his back rent into labor hours. For example if he's $1,000 behind on his rent then have him do labor at $10 an hour to pay if off. Give him 100 hours worth of work to pay off the rent. Make sure you have some sort of structured agreement. |
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#10 |
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Certified Remodeler
Trade: Kitchen bath remodeler
Join Date: Jul 2007
Location: North Oaks,MN
Posts: 3,207
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Re: Remodeling A House So A Tenant Can Pay Rent
I tried something like that and it didn't work. But I'm a soft touch for a hard story.
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Vote for Pedro Kitchen, bath, St Paul remodeling Minneapolis Remodel Blog 203K Loan Consultant Minnesota |
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#11 |
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Pro
Trade: Ornamental Plasterer/Restorer
Join Date: Feb 2009
Location: NYC
Posts: 819
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Re: Remodeling A House So A Tenant Can Pay Rent
Once we painted the apartment where we lived and had one month rent free, next time stucco house part of house foundation matching the colors and had other month rent free. Difference only that we were not short.
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#12 |
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Registered User
Trade: remodeling
Join Date: May 2009
Posts: 10
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Re: Remodeling A House So A Tenant Can Pay Rent
Dont ask any rental home owners to work for you. Your asking for a legal problem if he hurts him self,and he wont have a problem getting a layer. If hes not paying rent evict him.
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#13 | |
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Al Smith
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
So true. Eventually the tenant will think hes doing YOU a favor. Then when there is no more work to do and you don't hire him for outside work he will resent you. |
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| The Following 3 Users Say Thank You to A W Smith For This Useful Post: |
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#14 | |
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I builds'em
Trade: Renovations & Decks
Join Date: Jun 2008
Location: Vancouver, BC, Canada
Posts: 3,522
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
I think it could be nice to help someone during a hard time. Depends on the type of person he is though, because I believe what others are saying, this could cause problems. e.g. If he has a strong sense of entitlement, or likes to play victim, or is a lazy ass, or likes to take advantage of other people's kindness.
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Ryan |
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#15 |
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KemoSabe
Trade: residential framing/siding/general carpentry
Join Date: Feb 2009
Location: Vineland, New Jersey
Posts: 12,829
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Re: Remodeling A House So A Tenant Can Pay Rent
Some of the problems I see in this scenario are:
1. How do you determine the hourly wage? 2. How will you keep accurate records of hours worked? 3. Is the renter actually capable of carrying out the needed work in a professional manner? 4. As someone stated before, it is a major liability issue if he gets hurt during work hours. If you decide to take this offer to him, you need to either put him on the payroll or require him to get legal and legitamate. I've been down the road you're on several times, trying to do someone a solid. Every time I ended up being taken advantage of. Personally, I think you are treading in dangerous waters, just my opinion.
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__________________________________ "Walking the fine line between production and perfection" __________________________________ |
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#16 | |
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Fentoozler
Trade: Professional Pie and Pastry Taster
Join Date: May 2007
Location: New Jersey
Posts: 5,585
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
Yes....but only if you can kiss your own elbow. I know you guys are trying to
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#17 | |
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Lack Of All Trades
Trade: Professional handyman services
Join Date: Apr 2009
Location: Southeast Michigan
Posts: 1,230
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
Uhh, no.
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#18 |
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Pro
Trade: Remodeling/building
Join Date: Feb 2007
Location: Live In Illinois.
Posts: 234
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Re: Remodeling A House So A Tenant Can Pay Rent
A young couple gave me a sob story so I agreed to let them live in my house if he would do some work on it.
I made a list of the jobs I wanted him to do and agreed to give him three months rent for doing them. I didn't keep close tabs on them (my fault but I was busy) and after three months he'd done one thing on the list and it was wrong. I told him I'd give him one more month to get the things done or I was going to evict him and go to court to get my three months rent. About one week after that the house burned down. Later I found him in Texas in jail. I never did that again. |
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| The Following 2 Users Say Thank You to CharlesD For This Useful Post: | MALCO.New.York (05-25-2009), Mud Master (05-26-2009) |
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#19 | |
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Pro
Trade: remodeling and restorations
Join Date: Mar 2007
Location: Ohio
Posts: 440
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Re: Remodeling A House So A Tenant Can Pay RentQuote:
Generally speaking I don't have tenants working for me. But it would depend. I don't think I'd ever want a tenant doing much work on their own place in exchange for rent but I have done that with a commercial tenant. The guy wanted new floor covering and said he'd provide the labor and materials in exchange for 2 months rent. I knew he in turn had guys that worked for him that were going to do the work (not some clueless homeowner) and it turned out fine for both of us. In the case of a residential tenant, I wouldn't want to hire someone for much more than some odd jobs or general grunt labor, and preferrably not on their own place. If it's work you genuinely were going to do and needed to hire "somebody" for, then sure why not the tenant (assuming he's capable etc.), but I'd be real careful "inventing" work just to keep someone busy and paying off rent. |
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#20 |
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Knowledge Factory
Trade: Certified Floorcovering Failure Investigator
Join Date: Aug 2007
Location: Austin, Texas
Posts: 1,358
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Re: Remodeling A House So A Tenant Can Pay Rent
No good deed, goes unpunished
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**Education is the key to success. Learn more, earn more.** http://www.AustinFloorguy.com |
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