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As the summer months reach their peak, we find ourselves needing to address more and more air conditioning issues. We have specific guidelines for what is considered an emergency that we will rectify for a tenant. In the last week, every day qualified. I hope you were not hit with one of these emergency expenses but please understand that heat indexes in the low 100's, with little or no air movement, is just not an environment where a tenant should be expected to live. I hope you agree.
Last year we offered a service plan from an HVAC contractor to our clients. This plan would include twice a year inspections and faster responses. Few of our clients took us up on the offer. We are currently shopping to find a new offer that we can suggest you consider. I personally use these plans for tenants and my own home. Sure, there is a annual cost but it always seems to pay for itself in faster service and discounted labor and parts. A happy tenant is one who renews their lease and pays their rent as a priority. Having this type of tenant easily pays for the couple hundred dollars such a service plan entails.
I want to share something with you. Our daughter is getting married this weekend. It has been a crazy few weeks leading up to the wedding. I love my new son-in-law and appreciate so much how he takes care of our daughter. As I have prepared my speech and toast (as the father of the bride) I am reminded of the things most important in life. Family and freedom are sometimes things we forget about when we are fretting over our rental property expenses. Just having a few rentals would be rather empty if we did not live for those moments like a daughter's wedding.
I wish all of you the best and, most importantly, thank you with all of my appreciation for choosing our company.
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| Joel W. Wilmoth
Owner/Broker
WILMOTH Group |
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Own multiple properties and want to save?
Did you know WILMOTH offers significant savings to our portfolio clients. We appreciate clients
who decide they want to use WILMOTH for their investing needs and offer
multiple property discounts. Why do you really need more than one local property manager?
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| When A Tenant Breaks Their Lease-What Are Your Steps To Recovery?
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What happens when a tenant breaks their lease? Tenants often do not
seem to understand that they are in a contract for a set period of
time. Deciding to move out in month 10 of a 12 month lease does not
mean the tenant is no longer in a contract to make payments and provide a
certain level of care for the home they leased. Unfortunately rarely,
in 20 years of property management, have I met a tenant who understands
their legal obligation and who does everything possible to cooperate to
meet these obligations while vacating the home.
The following summarizes the steps when a tenant breaks their lease and vacates the rental. |
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WILMOTH Referrals Save You $$$
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If you know a rental owner that needs to make a change..send them our way. Just let us know how to contact them. When they sign up with WILMOTH, you get to choose which one of your rentals is credited for one month of management fee! A simple referral improves your return while helping us to spread the news about property management done the right way!
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