\I've become especially allergic to any kind of informality, which is normally a telling sign that I'll have problems with that person later on. I've come to learn that with prevention I can save myself lots of trouble, time and money.
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I've had all kinds of problems with tenants. I've been renting apartments for five years now, so lots of stories to tell about tenants not paying, or paying late, or giving me worthless checks,or breaking stuff and hiding if so I realize long after they leave, or making loud parties at night, or having trouble with prostitutes, or falsely claiming they have been robbed, or fornicating with the cleaning lady, or trying to break into other tenant's apartments,... I've even had one tenant die (of a heart attack) in one of my apartments.
Just curious to see if any owners of condo's or home's have been taken for a ride from renters for rent, electric, theft or what ever you would like to add as a experience positive or negative....:ermm::ermm:
I wonder if a poll was taken , who would get screwed more , the tenant or the landlord ? who is the real statistical screwie and skrewor ?
Trang, you miss my point, screwin can be other than money, poor condition, no maintenace, no hot water etcc etc etccTenants win hands down, because their relative position in the deal allows for far more screwing. They have the possession of the owner's property, whereas the owner has a deposit (worth 1/100 of the value of the property, at most) and the promise of a rent.
So that the owner can only screw the renter for the value of the deposit, whereas the renter can screw the owner for a much higher value (for example, if the renter does not pay the rent twice, he has screwed the owner double what he could ever be screwed).
I am on this site to see if I can obtain assistance in getting a renter out of my home in DR who has lived there for four years without paying a dime, after three lawyers have scammed me by taking money under the table allowing the lady to buy more time and stay there longer.....anyone has suggestions or recommendations....please let me know...
three big guys who you pay more to (AFTER their "eviction" service) than your tenant can afford to.
oppssss.. forgot to hit "quote"... this was in answer about the tenants who refuse to leave.
It seems to me that the renter usually has the advantage in the Dominican Republic. There seems to exist a form of intrinsic entitlement that in the mind of the renter that supersedes contracts, agreements and in a large part common sense.
Unfortunately, the court system perpetuates this problem and a landlord can have a very difficult time removing a problem tenant. I have known owners to spend years getting rid of a tenant. Usually the owner ends up making a deal with the tenant to pay them to leave, as absurd as this seems.
While using force and/or intimidation to remove someone may seem justified, this move toward a violent or implied violent eviction can open a pandora’s box of violence and retribution that may make the original problem pale in comparison to the new problems created by these actions. If you live in the DR, it is best not to make enemies in general and especially over essentially small civil matters. You would not believe how long people can carry grudges when they are “wronged” and the violence (especially with alcohol involved) that can result from the “settling of the score”.
I think the best idea for looking for renters has been promoted by Trangalanga who appears to be very savvy in rental business. Pre-qualify the applicant very thoroughly and take a pass on any applicant who has anything that makes you feel uncomfortable about their sincerity.
I too had a stingent pre-qual process for my tenant, however they still skipped out leaving me with a RD$20,000 electric bill that I have to pay for. I will however attempt restitution on US soil being they went back to Miami....I am sure I will be spitting in the wind, but I will try nonetheless.
maybe not a great, ultimate solution, but what about forgetting renting for long term and just focus to rent for shor term? I think that chances of tourists renting your apartment for just holidays weeks, or a month, and finally not wanting to leave the apartment are really lower than if you get a long term tenant who lives there and is not on vacation.
On the other hand, renting only for short term, even having bookings for just half year, will give you more income than long term rental prices ... it is a fact.
cheers.
maybe not a great, ultimate solution, but what about forgetting renting for long term and just focus to rent for shor term? I think that chances of tourists renting your apartment for just holidays weeks, or a month, and finally not wanting to leave the apartment are really lower than if you get a long term tenant who lives there and is not on vacation.
On the other hand, renting only for short term, even having bookings for just half year, will give you more income than long term rental prices ... it is a fact.
cheers.