Property Owners-What's the best story you have heard?

By
Managing Real Estate Broker with Rickert Property Management

As a property manager with hundreds of units over multiple states, I get stories from my tenants and my managers every day that just make me shake my head in disbelief or sometimes just laugh out loud. It got me to wondering what are some of the best stories you have heard for not paying rent, or maybe maintenance stories, or just general tenant stories that you have come across?

Here's one I got a chuckle out of yesterday: One of my managers called and said they were collecting rent from a tenant whom we are going to evict for nonpayment. He told her he has a friend interested in one of the vacant units, and wanted to know if he gave us his name, could he get a referral fee? Understand he can't pay his own rent, yet he thinks of his friend and he can refer him and get a few bucks? Seriously?

I told him I would knock off one of his late fees!

 

Let me know the best fairy tale you have heard.

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Rainmaker
1,103,869
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Hey!  Dennis!  I've kissed that frog.....I'll waive late fees 1X and then the NEXT time they ALL REaccumulate which is the REAL measure of THEIR appreciation!

Aug 10, 2011 06:32 AM #1
Ambassador
1,014,324
Harry F. D'Elia
Uptown Realty - Phoenix, AZ
Investor , Mentor, GRI, Radio Coach, REOs, ABR

OK-thanks for the referral. Please fill out the rental application and we will go from there.

Aug 10, 2011 06:38 AM #2
Rainmaker
566,740
Kathy Sheehan
First Guaranty Mortgage Corporation 770-634-4021 - Atlanta, GA
Senior Loan Officer

I would look closely at that rental application!!!

Aug 10, 2011 07:13 AM #3
Rainer
241,325
Daniel H. Fisher
www.FisherHermanRealty.com (704) 617-3544 - Charlotte, NC
MCRP - Charlotte Real Estate, NC or SC

The one that sobered me was told by a policeman who found a meth lab in an apartment complex.  The residue went throughout the HVAC system and saturated the walls so that a finger wipe to the gums would "probably have killed a small child".  Testing in multifamily with a common HVAC is always recommended.

Aug 10, 2011 08:12 AM #4
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Rainmaker
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Dennis Swartz

ABR, CRB, CRS, GRI...experience counts!
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