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13-06-2012, 11:01   #16
Ray Palmer
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Originally Posted by crazyFeet View Post
ust move out after the summer and hold up the rent for couple of weeks not too lose money as it won't be very fair to us, this is the last option
classic example of how tenants are ready to go back on an agreement.
I had tenants hear what they want. Get anything agreed in writing. Read it and both stick with it.
I told a tenant I would pay for paint once I approved the colour. I would pick it up and provide any equipment and even help.
Tenant tries to break lease as I didn't paint the place (it was freshly painted before they moved in). Claimed I had said I would paint it but I had explained as above and in writing.
I had replaced the sofa as he said the sofa was too big for the room. It was good quality and comfortable but probably a little big. He picked the sofa and I warned him it was not a comfortable sofa and prone to damage which he would have to pay for. Wanted it got it.
When he wanted to move out he stopped paying his rent because I would keep his deposit. Bloody right walls destroyed with nails, sofa destroyed with burn marks, filth and broken handles, hinges etc.
Pretty much if a tenant asks for things now at the start I say no. Trust has to be earned and I need to see that the tenant will stay.

Why anybody would want to rent a place where messy construction occurs is beyond me.
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17-06-2012, 07:27   #17
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i live in sligo as well and have had a bad time with the houses and landlords here but my current one seems pretty good, but this is the seventh i've had in six years!

in my experience, there are plenty of cowboys who will tell you anything to get you in and get your money. if they won't do a small job before you move in i think it's very optimistic to think he will do a big one after he has you in the lease. also, in my experience, the little voice in your head who tells you something isn't right should be heeded. we can be so stressed about moving we rush into bad agreements.

i had a landlord who kept draggin his feet to paint the room which had mold growing right above my bed. i insisted he use paint which repels mold (i even told him where to get it) otherwise it would grow right back. finally i told him i would do it and just deduct the price of the paint from the rent. he jumped at that. great deal for him. though he wasnt happy when he saw the receipt as that paint was not the cheap crap he used, and i told him i had to buy another can to finish it. he sneered and said 'is that the end of the decorating, then?'. when i was maintaining his property. boy i was dumb. i thought he was nice too when i moved in. and then any time something needed fixing, it was never done on time or done well or done by a professional. just by him, when it suited him, to the best of his jack of all trades master of none abilities.

you are basically sorting everything for him, why should he bend over backwards to do anything himself. he may seem nice but i really think you are living in dreamworld if you think he's going to to install a back boiler for you after you move in considering he won't even bother to change nasty couches or put a lick of paint on the place BEFORE showing it to prospective renters.

most proper leases clearly state you are renting the place as is, and that the landlord is obliged to maintain the property, not install new stuff at your request. i've never heard of a tenant getting a landlord to sign such an agreement. if he does fair play to you. if he doesn't, how are you going to go about enforcing it, by withholding the rent? then you will be in a dispute and he could just try to evict you. AVOID. Just because someone seems nice doesn't mean they have the ability or motivation to maintain a property. He thought he could get away with renting it in that condition says enough IMO.
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17-06-2012, 07:51   #18
JustAThought
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E125 a week is a bit worrying ; nit to mention seeming high. ( particularly fir what you are getting)

Did you decide to go with this in the end?
Check your outlook/diary for your calendar ; there are a fair amount of 4 1/2 week or 5 week months; will you be paying weekly or is it monthly?

I remember years back trying to figure with HR if I was better to be paid weekly or monthly; long running dilemma; they had it loaded so they got the better deal for the short term of course!

( weeps)
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17-06-2012, 14:35   #19
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we agreed on 115 a week without any problems. rent was 550 first but we agreed on 500 with him supplying the paint and me doing the work, its ok deal and beneficial to both sides, plus me doing it will be more convenient and faster. it was a bit of a rush with the final decision but there was no better options for out budget, and the moving out date was already being abused by being extended an extra week... all in all i didn't sign any obligation agreement, just a standard contract, couches have been changed already and he gave us loads of extra furniture with came in handy. i will update this thread in a week
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20-07-2012, 11:12   #20
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ok, thought i'll update this rent price is 115 and so far no problems, everything that needed fix or replacement has been done by landlord, the work started earlier that was promised (was shocked but happy), so all bottom floor has been already replaced with (nice and not cheap) tiles and stove is going in any time soon i thought it was an empty promise just to get us in, but no, delivered and done in a one go.

sometimes its worth to take that risk, we ended up getting a newly refurbed great house in a very present area with a 500 a month budged, very happy
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23-07-2012, 21:33   #21
quietsailor
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this house was 550 but we agreed on 500 deposit and 125 weekly which is great value and comfortable arrangement of payment (no months rent upfront).
Just to let you know your paying more than €500 per month for 11 months of the year, the only month you'll pay €500 per month is February when there are 28 days, which is 4 weeks, which is €125*4 = €500.

Too many people make the mistake of multiplying weekly rents by 4 to get monthly rents or dividing monthly rents by 4 to get weekly ones.

A better way of calculating is;
Weekly to monthly
[(€xxx per week) X (52 weeks in the year)]/12 months = €yyy per month

Monthly to Weekly
[(€yyy per month) X (12 months in the year)]/52 weeks = €xxx per week

It's a trick unscrupulous landlords use - that apartment is only €125 per week, shure thats only €500 per month.

Working it out using your figures;
€500 per month X 12 months = €6000 per year
€125 per week X 52 weeks = €6500 per year - a whole extra months rent for the landlord
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23-07-2012, 21:37   #22
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bugger I just saw the rent is €115 per week, wonder what that is, hmmm;
€115 X 52 weeks = €5980 per year
€500 X 12 months = €6000 per year

You've managed to get €20 a year off the LL (that's NOT sarcasm) I didn't think any ll would let that happen in this day and age
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24-07-2012, 01:51   #23
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bugger I just saw the rent is €115 per week, wonder what that is, hmmm;
€115 X 52 weeks = €5980 per year
€500 X 12 months = €6000 per year

You've managed to get €20 a year off the LL (that's NOT sarcasm) I didn't think any ll would let that happen in this day and age



I think it's called pester power; we did something similar with the work needing doing here that was supposed to be done before we came....
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24-07-2012, 03:57   #24
petecork
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Originally Posted by quietsailor View Post
bugger I just saw the rent is €115 per week, wonder what that is, hmmm;
€115 X 52 weeks = €5980 per year
€500 X 12 months = €6000 per year

You've managed to get €20 a year off the LL (that's NOT sarcasm) I didn't think any ll would let that happen in this day and age
but theres slightly more than 52 weeks in a year, so:

€115 / 7days * 365 = €5996.43

or more accurately accounting for leap years, landlord is gaining 53c :
€115 / 7days * 365.25 = €6000.53
€500 X 12 months = €6000.00
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24-07-2012, 17:19   #25
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ok, leap year calculations and others are taken into account thank you
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24-07-2012, 18:04   #26
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ok, leap year calculations and others are taken into account thank you
In reality when paying weekly the tenant pays 52 weeks+1day rent per year and 52 weeks+2days rent every leap year. So whether I use an average of 365.25 days per year or 365+365+365+366 the result is the same. Just trying to show that the landlord is still receiving an average of 6,000 p/a

Y1 - €115 / 7days * 365 = €5996.43
Y2 - €115 / 7days * 365 = €5996.43
Y3 - €115 / 7days * 365 = €5996.43
Y4 - €115 / 7days * 365 = €6012.85

Total = 24002.14
Average = 6000.53 (24002.14/4)
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