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Yesterday started out as usual, eviction hearing followed by a couple of meetings.  One eviction dismissed, one granted and one negotiated out.  The "negotiated" tenant ended up paying all the back rent, this month rent (May) and needs to move out by the end of the month.  If he doesn't I get to set him out on June 1.  I'm not all that smart, but I'd bet he would have been able to negotiate that one without the attorney he also paid for !

Out to the new adventure I now go to inspect a unit for bedbugs along with 2 Orkin supervisors and generally oversee a roach treatment on 40 units.

As I am generally supervising (something I do with a certain style), I notice 2 individuals that looked out of place in the area.  It must have been the clean clothes and full sets of teeth.  Anyway, they are nosing around with a machine I now call the "gas sniffer".  I was calling it the "men's room attendant" in my mind at first, but revisited the decision when the sniffer holder didn't give me a stick of gum at the end of the conversation.

I knew there was a problem when the sniffer holder said that we had 67% L.I.L and an acceptable level was 5%.  What I didn't know at the time was the real level of problem I had.  Next thing I know, the Columbia Gas supervisor is shutting off the gas to my building.  Not really mine, but one that I am dealing with for the courts.  

Apparently I dunn got a leak in the gas main.  It is near the building.  There is a risk of a big BOOM.

No problem.  I'll call Clive and get it fixed.  NOT.

The gas lines were run about 40 years ago.  If they are ever shut down for any reason, they need to be upgraded to today's standards.  Whodathunk?  That's gunna take about 2-3 weeks and cost between $12,000 and $25,000 depending on a few factors.  I'll actually get a final report on those factors tomorrow, but it includes the gas company actually running some of the new lines.  This, believe it or not, is the fastest part.

Did I mention the 20 +/- families living in the complex (without gas)?  No heat, cold showers and cold dinner is in the future for some folks, unfortunately.

That was yesterday afternoon late in the day.  This morning we have determined that there is nothing we can do to get the gas turned back on now and the true timeline is at least 2 weeks.  Knowing this, we send written notice to all of the tenants about the status, tell them that we are going to abate the rent for the month (take the rent money and use it for pizza and showers at the truck stop) and that if they want to move out, we will not hold them to the lease.  Of course, this is all we can do but, of course, it is not enough.

Now the calls start. They included the following:

  • Them - You didn't give me any notice that the gas was being shut off.  Us - Uh, it was an emergency shut off, conducted by the gas company and we had nothing to do with it.  Them - You needed to give me notice.  Us - NEXT
  • Them - We're gunna Sue.  Us - Who is Sue?  She's not on the lease!  NEXT
  • Them - You need to pay for my hotel room.  Us - Use the rent money you aren't paying to us.  Oh, you weren't going to pay it even if you had gas?  NEXT
  • Hey, remember the first part where I was fashionably supervising the roach treatment????  This is my all time favorite.  It had nothing to do with the gas.  The tenant who has no lease, has not paid rent in 2 months, is under eviction and has a 2 foot alligator as a pet is upset that her ‘gator is sick.  According to her, I made it sick when I treated the apartment for roaches.  Yep, you guessed it.  The roaches she was complaining about.  Apparently the chemical that we sprayed in the closet can make gators sick.  I have 2 points on this.  1. There is a no pet clause in the lease you don't have and are not paying on.  2. Keep the ‘gator that you are not supposed to have out of the closet.

Side note here:  I called the Ohio Dpt of Wildlife to report the people and the unlicensed exotic animal. (They play their games, I play mine.)  According to DOW, having an alligator as a pet is not an issue the State of Ohio is worried about since ‘gators are not indigenous to Ohio.

Hearing this, Melissa tells me that is a great answer and one that we will use to our benefit if anyone complains about the elephant she just ordered from India.

Anyone want to buy a thriving business in Columbus Ohio?

 

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

 

11 Comments on Landlord Man Rides Again

MAY
01
2007
1 Featured Post

Actually I was thinking of a new endeavor...wildlife breeder. Elephants, alligators, lions. The possibilities are endless if I focus on exotic animals that are not indigenous Ohio. And we have all that green space in the backyard. The neighbors won't mind.

Seriously you forgot to mention that Alligator girl is also upset, that the live RATS, yes RATS, that she was breeding to feed the alligator, supposedly died due to the roach treatment. So not only does she have an exotic pet who isn't on the lease, she's breeding rodants to feed said pet. There is something wrong here.

 

 

 

8:12pm • #1
243,154 Points 25 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Fiction couldn't be this good.  Holy Cow.  Thanks for sharing the joy.

Fran

9:17pm • #3
MAY
02
2007
308,513 Points 28 Featured Posts Outside Blog Attended Rain Camp

So....  you have twenty families that will not shower in how many days?  No hot water - wow that means cleaning will be limited - what kind of critters do you think you will find when this one is over.

And why do you all have such an issue with Bedbugs I thought they were a rare thing in today's world.... must not like our climate - I know roaches do not live here - trust me I am not complaining.

1:06am • #4
294,021 Points 11 Featured Posts Outside Blog Attended Rain Camp

Rich, that's the reason that I would not do that job :)   LOL !

 

2:24am • #5
5 Featured Posts Outside Blog
Rich, you should write a handbook for landlords! In conjunction with Thesas remark...do these people shower often anyway? Also I have read that bedbugs are back on the rise in the United States with a vengeance!
6:41am • #6
137,591 Points 10 Featured Posts Outside Blog

According to Orkin, the bedbugs are not as bad as they are being made out.  It is a problem, but is being pumped up.

Some of the tenants shower, some don't.  I don't check that part out too close.  It is warm outside, so the heat is not that big of a deal.  The real problem is that most people in the economic bracket these tenants fall do not have a lot of extra money to go out for all meals.  They need to be able to cook and all of the ovens are gas at this complex.

Welcome to distressed asset management

7:21am • #7
936,605 Points 361 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
Landlord man, another exciting day I can see. I love the gator in the closet. Are you still hiring?
8:21am • #8
137,591 Points 10 Featured Posts Outside Blog
Yep.  No takers though
8:37am • #9
246,936 Points 1 Featured Post Attended Rain Camp
You just made my week look a LOT better. We're only dealing with the normal "rent is due now" problems and 1 eviction. I'm gonna quit complaining.
12:27pm • #10
MAY
03
2007
447,306 Points 36 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Rich,

You do lead an interesting life.

A two foot alligator skinned out would make a great wallet or small clutch purse, for one of your girls.

Now that the weather is warm you have alternatives to roach spray. Small snakes, say two per unit will eat their weight in bugs each day. If the infestation is really bad use two per room and drill ½ inch holes low in the walls to allow the snakes to hunt there. In cold country limit the holes to interior walls, snakes in exterior walls take the winter off. Common garden snakes work well because they can work from 5 to 7 years before growing big enough to be a pest. To over come tenant objestions let their kids name the snakes.

As to the businessWoodyatake? $500.00, 10% down and the balance at 5% amortized over 7 years?

Bill

 

10:25am • #11

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Rich Kruse

Columbus, OH

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Gryphon USA, Ltd.

Address: 9387 S. Old State Rd., Columbus, OH , 43035

Office Phone: (614) 885-0020 x 17

Cell Phone: (614) 885-0020

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An informative look at the real estate and asset sale professions. The Gryphon Organization provides real estate, auction, receivership and asset management services through a variety of subsidiaries including Gryphon Asset Management and United Country Ohio Realty & Auction Group.


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