First time landlord

Hi guys…sorry, was not watching this thread the last couple of days.

REBNY leases are worded much more in favor of the LL.

As others here say, the laws are overwhelmingly in favor of tenants. It cost us over $50k to get rid of our pros in a six/seven month period. I’m certain the process took a couple of years off my life as I had to look the other way while these monsters smirked in delight at what they were doing to us or we were afraid they would claim (yet again in court) of harrassment. It’s certainly not a solution to avoid a rogue tenant, thats what the other checks are for, but we’ve told all of our tenants we’ve had of our experience and subsequent zero-tolerance policy for late rent, excessive noise, trying to Airbnb their place, etc all result in an immediate 30-day notice from us and we’ll go to court immediately.

We price under market, fix things immediately, provide a very nice place to call home so all of our tenants have/do feel lucky to live here and they want to protect their living situation.

If anyone wants a blank REBNY lease to see the difference, post your email and I’ll happily send it.

bedstuytownhouse

in General Discussion 8 years and 8 months ago

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fiordiligi | 8 years and 9 months ago

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Be sure you do more than a credit check, which is all most brokers will do – that can miss a lot. Many years ago, I rented to a tenant who came through a broker and had perfect credit – but there was no criminal or L/T litigation check. I discovered later (through a private eye, when he’d stopped paying rent after a couple months and we were in L/T court) that he had a sealed criminal record for assault and battery on his prior landlord (did two weeks in jail and plea bargained down to a misdemeanor). That wouldn’t have come up on a criminal check, as the record was sealed. But had I run a Landlord/Tenant Litigation Check, I would have discovered that this person had been evicted by their past six landlords…and in each case made life so miserable for the landlords (of two family homes, who lived in the other apt) that they wound up in a settlement that paid then to leave ASAP, had the arrears forgiven, and negotiated a recommendation letter from each as the price of a speedy exit. Not that you’re likely to run across this (it was a very calculated strategy for liv ing free in Bstone Bklyn); but I’d advise opening an acct and using a screening service such as AmerUSA (there are others). You can run all three searches, the applicant pays, and you get the results in an hour or so. Would have saved me a lot of money (and risk – during the litigation, the tenant flooded the house with gas and walked out, in midwinter when the windows were closed…I passed out, and only the fact that my next door neighbor smelled the gas prevented an explosion and my early demise). Like I said, this was an outlier. But you can’t be too careful.

cate | 8 years and 8 months ago

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That is a chilling story.