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I TOLD YOU SO! (Mother's failed landlord career)

By
Real Estate Technology with Rentec Direct

I  just got off of the phone with my mother.  Her two renters just gave notice to move, her property manager is threatening to quit and her live-in maintenance man can not be reached.  And it was all I could do to not say "I told you so."  

My mother has a giant, soft heart and it gets a work-over often by wayward souls.  This time it was Bob.  Bob the maintenance man.

Bob and my mother lived in the same small town and he seemed like such a nice guy.  She had a good "gut" feeling about him.  (We all know about gut feelings right?  I remind friends that 1/2 of the time that's just indigestion they are feeling...)  Well, after the real estate market went south, my Mom decided to move to be closer to family and turn her home into a rental property. In steps Bob.  Bob moved into her property almost 3 years ago   On one parcel of land, she has a 3 bedroom house, a two bedroom house and giant shop with a studio apartment in it.  Bob was looking for an affordable place to live and worked out a deal with my mom to handle the yard-care and maintenance in lieu of discounted rent in the shop/studio.  Seems like a lot of onsite managers, right?    Except Bob never signed a rental agreement.  Bob hasn't kept up on his end of the "maintenance/yard care" deal and, well, Bob hasn't paid rent in almost 3 years.  

Yes, 3 years. Heck, I oughta been her maintenance man with a deal like that!  When ever I would ask about Bob and his free-loading deal, she would say "Oh honey, he takes care of the place, and I just feel better knowing someone is there keeping an eye on things..."  Except, she has never been to her property in 3 years to verify he is taking care of it, despite my suggestions.  And now her two renters have given notice because they can't deal with Bob and how he doesn't take care of the place and his crazy antics.  And the management company also can't deal with co-managing Bob.  And Bob won't answer his phone.  And he's on a drinking binge....

You can see where this is all going, right?  Right down the drain.  Today when she said "I just can't believe this is happening!" I gently said, "really????"  Her new plan of action was to take the 6-hour drive over to talk with Bob and "work this out."  At this point, I had to get a little firm with Mom.  "Mom... no, you're not.  You're going to let your property manager give a 30-day no-cause notice to Bob and you're not going to offer any explanation to him as to why when he calls you 50 times.  And after this, you're going to ask your property manager to handle all the maintenance issues from now on and no one is going to mooch off of you again."  

How can this happen to my mother?  She is, afterall, the parent of a child who has worked as a professional in property management for 20 years!!  So this is what she felt like when I ignored her advice when I was a teenager?  Karma.  Ppfffftttt!

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Rentec Direct Property Management Software

Janell is a member of Rentec Direct, a web-based property management software program designed to help streamline tenant criminal and credit checks and the day-to-day operations of landlords and property managers.  You'll find many other useful articles like this on the Rentec Direct Blog.

 

Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Janell,

Karma is right...I hope that it all works out well for your Mother, though - good luck!

May 02, 2012 05:27 AM
Doug Rogers
RE/MAX Coastal Properties - Destin, FL
Your Real Estate Resource!

Sorry for the troubles, hope "Bob" learns about Karma the hard way...

May 02, 2012 05:27 AM
Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

What goes around comes around.  It is the old boomerang effect.

May 02, 2012 05:31 AM
Marty & Jaclyn Reiswig
GoodFit Homes (with Keller Williams) - Centennial, CO
Specialty: First-timers

What a nightmare! I can't believe she let him stay for 3 years without paying. I hope things improve quickly for her.

May 02, 2012 05:33 AM
Mary Elizabeth Allen
Lake Monticello, VA

Janell - At least you were able to come to the Rain and let out your "I told you so!!!!" And good for you for stepping in with your mom and telling her to hand everything over to the property managers. Hopefully she'll say to you in a couple of years, "I never knew how easy renting out my house could be!"

May 02, 2012 05:54 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Janell, this is a good story to share with anyone who is thinking about leasing a property.  I am sorry that your mom is having to deal with this and glad that she has you to help her sort through the issues.

May 02, 2012 05:59 AM
Janell Kittleson
Rentec Direct - Grants Pass, OR
Rentec Direct

Thanks for letting me bend your ears, everyone, as ya can't scold your Mom!  I've been waiting for the ax to fall and looks like it has.  Here's hoping she doesn't end up in FED court or worse! Rentals are a great solution for houses that arent' selling, however if you aren't a professional Landlord, then at least employ one and keep your hand out of the cookie jar.  :)     

May 02, 2012 09:02 AM
Leslie G. Rojohn
MoonDancer Realty - Sylva, NC
GRI, ABR ~ MoonDancer Realty

This is quite a mess. You've handled things as well as you can, considering that "you can't scold your Mom." But you may need to sit her down and say,"Even though your the Mom, I'm the professional in this case, and I am asking you to respect the knowledge and advise I am freely and lovingly giving you."  Good Luck.

May 02, 2012 10:28 AM
Michelle Francis
Tim Francis Realty LLC - Atlanta, GA
Realtor, Buckhead Atlanta Homes for Sale & Lease

Janell, 

You do wonder.  My mother just signed a lease that she wouldn't let anyone look at in the family.  Bizarre.  She's older and probably getting taken advantage of.  

You can't help folks who won't help themselves.  Glad you are getting Bob out of the picture!

All the best, Michelle

 

May 02, 2012 10:00 PM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Yea Janell sounds like that karma caught up with youLOL, I have seen many think that BOB is the way to go and find out the hard way and it isn't.

May 07, 2012 02:21 PM
Janell Kittleson
Rentec Direct - Grants Pass, OR
Rentec Direct

Michelle - hopefully you won't have a mom-horror-story to post soon! 

May 08, 2012 07:33 AM