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Nairaland Forum / Nairaland / General / Properties / <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> (10194 Views)
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<<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 8:57pm On Feb 11, 2016 |
So I have been thinking lately about how best to handle / manage Naija tenants in a very peaceful way and then I decide to open this thread. I Think this thread can help us to rub mind(s) and discuss ideas that can help prevent /solve tenant issues as well as how to manage our tenants effectively so as not to run into losses. Every property owners should be able to relate to what am saying here Is there a management style that is currently working for you? We will like to know. Respectfully 3strikes!!! 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 10:02pm On Feb 11, 2016 |
3strike: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by lastpage: 10:27pm On Feb 11, 2016 |
Have you not heard that when you see a Landlord and Tenant playing Lovey-Dovey ...... something is just not right! ![]() The "peace" between those two, in most cases, is usually temporary! One wants to collect money owed him legitimately, the other thinks he is not supposed to pay such money or that such money is an entitlement for him to become "Lord" over the landlord! ![]() ![]() There is no "peaceful way" to deal with a bad tenant! My nice tenants get gifts, at the end of the year. They know they can rely on me to deal with any "neighbourhood trouble" on their behalf. I also help/encourage them to buy land and 'build something' for themselves. I have done a few "Tenant house warming" over the years. Then there are the "Stubborn-He-Goats" amongst them. They think they are smart and can play "games' with my rent and property! ![]() ![]() Some have even threatened to live in my property for years without paying rent, saying they will continue to bribe the Court Registrar, to keep adjourning the Eviction process, .....if l take them to court! ![]() ![]() Well, for such ones, l let them know that l am not a Landlord by chance! Courts are a waste of time! I be proper "Ijebu man" wey learn from "elders" for yonder. By the time one Tenant started having strings of calamity, one after another........ it wasn't long before his Pastor advised him to do "deliverance" for his entire family and leave that house! ![]() If na to put "Agbaa'no" inside im purse, ....one financial problem or the other, we get am if na to invite sickness or make him prone to sudden "accidents" like breaking legs/arms/shoulders by falling on a harmless staircase, we get am If na to make his nightmares so bad that fighting in Sambissa forest will look like Boy-Scout jamboree, we get am If na to use Agadangodo to "lock im car" so tey mechanic will begin to wonder whether it was the same oyinbo that did the car or not, we get am! If na to touch am with "very tiny" madness, wey im go begin speak to imself, we get am. Since im no wan commot my house and im no wan pay me, then he must be prepared to "eat and dine with the Devil", as long as im remain in that house. One foolish man from yonder even go call Police (upon say im no wan commot my house peacefully) say im dey see strange things around his entrance door! I asked the Police to charge me to court so that he can present his evidence to a Judge..... but it appears he is the only one seeing the "strange things"! ![]() ![]() I therefore put it to the Police that he is beginning to suffer "mental disorder" and should be sent to a Psychiatrist! But ofcourse, that was the purpose of the whole exercise sha. Just "small touch" of madness! ![]() ![]() he moved out within three weeks ...but l collect every kobo im owe me before allowing him to escape. ![]() So Bros, depending on the location and type of tenant, the measures are usually different. Some sef, na to organise Boyz to always vandalize im vehicle, every alternate week days, for im to know say, he is no longer wanted in that area. ![]() ![]() There was a time we had one "Baba" who was a rent Collector. If he visits you to collect rent, just make sure the rent is ready, when he comes back otherwise the person's household will "change" from that day! Fadeyi-Oloro sef na child's play compared to this evil Baba! Man died in a ghastly car accident on his way back to Ilorin, after finishing some nasty work. But l tell you, if you have a good tenant who takes care of your property like their own, who pays his or her rent as at when due and generally behave themselves, you need to treasure that tenant and even give then a "break" at times. I have a few like that. More "orthodox ways" include using Housing/Property Agents like JJJide TTTTaiwo, DDDDayo FFFatimehin..... but be assured that those guys will trick and cheat you out of your rent at most times, if you are not extra vigilant, especially the former one l mentioned They will rent out your property and not even inform you at all. They will increase your property's rent, wont tell you and keep the excess! I have seen cases like that so often. Eitherway, the very nature of "Landlord and Tenant" relationship, is like that of a Cat and Mouse,.... the survival of one, may lead to the death of the other (figuratively speaking) ! ![]() Lastpage! 4 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 11:08pm On Feb 11, 2016 |
lastpage: Welcome back Lastpage! I was laughing as I read every bit of your comment. Baba after all person went through to build the house and one person go come dey owe again. na to use all avenue to collect the money o. I have no doubt say your mgt style go work ![]() . |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by mufutau55(m): 4:34am On Feb 12, 2016 |
@Lastpage Respect! Welcome back.. @GabbyTabby Where are you... your tactics is needed here. Sorry guys, I have no experience in this avenue o. Hajji M. |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 5:41am On Feb 12, 2016 |
@lastpage it is a funny world in the letting world. Of recent a shop let came with an agency of 10k from me and the agent tried to collect 45k. At the point I got to know about the discrepancy tenant had already paid 30k and they were trying to get my agent to withold key until balance of 15k was paid. I just called the tenant and gave vacant possession.. There was the managing agent that was collecting 5k application before showing flat such that void period was over extended.. I do try to get tenant to pay directly into my account but they collect from tenant and pay what they want to pay They will even tell the tenant what lie to tell you about their livelihood and you are then stuck with rent continuity issues. I do agree with lastpage that most are bad payers some even when they obviously have it. if I am on ground I start with a rent and/or service charge default list which I paste in a conspicuous part of the premises. Failing that it's eviction notices after which its either mediation or the court. There is also the police route so far that was initiated by the tenant but it still got the desired effect of eviction. I might personally get to test out both mediation and courts by self representation. It would be interesting to find out how the system works. I am told that tenants do get involved in voodoo and black magic it's not my thing but if I get a sense that it might be at play all bets are off. Tenant tell lies so as much as possible get evidence. Keep a professional distance from tenants familiarity does breed contempt. Associate with other landlords in the area. There is a them and us mentality. 3 Likes 1 Share |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Dieumerci(m): 7:45am On Feb 12, 2016 |
lastpage: ![]() |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 10:24am On Feb 12, 2016 |
gabbytabby: Yea madam I agree totally with you with your points especially the keeping professional distance from tenants.. But oga lastpage mgt style still topping the chart o... Where are the other landlords and landlords to be o. We are waiting to read from you all... |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by mavverick: 11:53am On Feb 12, 2016 |
Madam Gabby I would love to read your book/email titled "Managing tenants manual 101". You seem to have a lot of experience, and a lot of people are willing to learn from you. My thinking was that rent should be paid direct into landlord account, am i correct in saying that the first rent this might be tricky to do because at that point the LL doesnt have a relationship with the T yet, and everything is still going through the agent, and hence the reason why direct payment to LL at this stage may be hard ? Whats the best way to manage T, LL direct or via an agent. Most LL seem to complain that agents just want to take a slice for doing nothing. Is it possible to pay MA (Managing Agent) monthly after they have visited the property at least once a month/quarter etc, I understand they prefer to take a yearly slice in the form of a percentage. Is there any merit using someone with strong eye (you know what i mean, someone who looks like he has just smoke Indian Hemp) as a MA ? Thanks in advance. gabbytabby: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by brag3: 12:43pm On Feb 12, 2016 |
Na wah o. It has become a sin to become a landlord in Nigeria. Oga lastpage you suppose form your own agency o. You sabi all the means to extract bad tenants ![]() ![]() lastpage: 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 1:10pm On Feb 12, 2016 |
From my own experience, I advice every landlord to engage a lawyer in any of their deal with a tenant especially when the landlord is not living in same building rented out. And a regular visitation/meeting on that property is advised. I've seen a tenant who will not pay his rent after using 7months without payment of his shop rent and when he knows the owner is around, he will be hiding from the owner..the lawyer knows how to handle the strongheaded tenants |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 1:38pm On Feb 12, 2016 |
Can running a simple background check on future tenants work in Nigeria? Here is what I mean.. 1. Getting 3 -5 references from them instead of just rushing to collect their first rent. 2. Request to speak with their 2 previous landlords and even neighbors. 3. Get info about their occupation and the addresses. 4. Atleast 5 family members should be contacted and can they vouch for them? 5. Make them provide a co-signer 6. Make them and their co-signer to sign some serious tenancy agreements (while recording and taking pictures) 6. make them read some out loud while all the meeting is been video recorded. 7. Do we have notary service in naija? If yes can one make them get their tenacy agreements notorized? Am not saying all these will solve the LL and T issues but I want to believe some of these points should help prevent future issues. Feel free to comment and air your suggestions too. 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 4:10pm On Feb 12, 2016 |
@mavverick I insist on direct payment to my account as it allows an opportunity to monitor stuff like rent charged and increment. It also allows for payments to agents to be on completion of some milestone. Tecnicall photo of tenants, application received, agreement signed, and due diligence I do get involved at a level and have gone as far as visit to former/current landlord and place of work. Most agents don't like direct to landlord payments they would like to keep you in the dark for as long as possible. When I am in 9ja tenant and I meet or speak and I insist direct payment to my account. I do discover that where the agent charged more agency snd agreement than what I stipulated they collect money from tenant and deposit my rent. If I was based in 9ja I will manage myself. I do a better job with due diligence and rent default. I have not suggested monthly as its better for me that they get paid when I do. @3strike you no go get tenants if you operate your system. It still does not guarantee continuity. 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by mavverick: 4:20pm On Feb 12, 2016 |
Oga Ade. How far.. So getting lawyer involved, is that what legal fee is all about ? and who pays for lawyer ? Also, I know that most agent like to say that dont worry we have our own lawyer bla bla bla. I thought commercial is a bit tougher than residential, if you dont pay for your shop, landlord after going through some legal process can just take over the shop and auction the contents to cover rent. Correct me if i am wrong here o. adeekiti: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by mavverick: 4:23pm On Feb 12, 2016 |
Hello Madam. Is this for first rental payment or subsequent ones ? I would like to know how you deal with the very first one. The subsequent one should be a little easy, by that time one would have built up some kind of rapport unless the T decides they do not want to pay. Where do you involve lawyers in the whole process ? How to you manage your managing agent ? Everybody need to be managed, even agent self. gabbytabby: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 4:30pm On Feb 12, 2016 |
Sir, no landlord can take the content of the shop occupant but getting lawyer involve from the onset makes it easier for the landlord, if any tenants fails to meet up on time, the layer serves the occupant a quit notice, I got a family lawyer involve in my parent's property after the occupant took advantage of Them, some tenants are funny, some can even quote law that they should be given some months to vacate one's property. And an agreement must be reached before renting out your property . Some agents can be funny as well mavverick: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 4:36pm On Feb 12, 2016 |
I insist on all payments including first by direct payment to my account. My agents traditionally work with a lawyer. I now do lawyer on a need to basis. Ongoing management was virtually non existing. I work with a caretaker who has proven to be better than lawyer agent. We also work well together. Only that he is quite busy in the local area and has not been as good with my ajah property cos of the distance. mavverick: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 4:38pm On Feb 12, 2016 |
The reason why I might be suggesting a lawyer involve in things like this, there was an agent who was handling the said property before, he brought the first occupant to the house and he lived in the appartment for like a year plus and decided to bring in some else to occupy the property as his brother who will continue to pay the rents but not as a fresher, that was the agreement btw the first occupant and the agent. The new occupant was now trying to transfer the appartment to another person, that was when I had to come in and we all had a meeting, just for us to discover that the agreement was btw the agent and the occupants.. I greet all the landlords and landladies in the house |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 5:14pm On Feb 12, 2016 |
@lastpage style most landlords that I know uses,but does it work ?not often. As for the use of juju,this work both ways,I remember tenant went to do one on me,not knowing that the juju man is my club member and I was informed about it.Why am I saying this?just to show the length Nigerians go just to do you out of pocket. Does juju work?i don't believe they do. IMHO,am sorry,but I don't like doing business in Nigeria,because of their criminal minds,however,I believe in dialogues,between LL and TT,as for background checks,it doesn't 100% why?because potential TT can arrange friends or relatives to play the parts. I hate to say this,but,As a landlord in Nigeria,your success depend on luck. My opinion. 1 Like |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 5:18pm On Feb 12, 2016 |
gabbytabby: Gabbytabby, Honestly don't you think its better to try to screen the potential tenants very well before giving them the keys to the flats?. As they say "a stitch in time saves nine" And Yes am with o. Tenants must pay directly to my Bank Account. No exception! |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 6:26pm On Feb 12, 2016 |
Screening you must do its just that even agents collude with them and provide references and relations. I tend to concentrate on validity of work information and current landlord. If no corroborating info or gut feeling says false info I decide to investigate further or just say no. Now I have decided if they tell me they are currently living at home no current landlord, I will pass as often times they do not want you to contact current landlord. As time goes on you get better at the codes. 3strike: 1 Like |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by lonzo(m): 7:02pm On Feb 12, 2016 |
Helol House I need advice My mother just informed of one of her tenants who has refused to pay his last year rent. When he moved in 2014 he didn't complete his rent, he owed 30k and the rent of 2015 he hasn't paid which made his total rent owed to be 280k as at now. The Major issue now is the 2015 rent is due March and by April he is suppose to pay for 2016. And she explained to me that this man has made no attempt to pay. She has spoken with him and sent letters or reminder. Mind you my Mother said she was considering the man's plight as a family man . Please should she serve theQuit notice to this tenant. And the 6months Notice I want to ask is it free or the tenant pays for the 6months used. Please advice as she wants me to come and intervene. I really don't know much of Property issues. Await your replies. Thanks |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by twinskenny(m): 7:44pm On Feb 12, 2016 |
gabbytabby: some tribe can be troublesome . i wont mention name though ![]() ![]() |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 8:26pm On Feb 12, 2016 |
twinskenny: I think I have idea but wont mention it here too. #nobanning ![]() |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 9:35pm On Feb 12, 2016 |
The 6month given is just for the tenant to prepare him/herself for a new place which won't be paid for, anything after the six month and he's still living in that apartment then you can charge him/her to court.. U can issue the quick notice, lonzo: |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 12:11pm On Feb 13, 2016 |
adeekiti: So tenant will stay 6 months without paying rent abi?......is that what it is? |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by twinskenny(m): 1:10pm On Feb 13, 2016 |
3strike:yes baba. That's the law |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by befto: 1:23pm On Feb 13, 2016 |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by Nobody: 2:36pm On Feb 13, 2016 |
twinskenny: This must be some kind of joke....God forbid I have any tenant that wants to go this path o. 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 3:02pm On Feb 13, 2016 |
3strike: That is a big misconception as no tenant is entitled in law to any free rent period. As an arm twister the landlord can be persuaded to grant some free rent period on the condition that the tenant not drag proceedings u necessarily and accept a quick eviction. 2 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by gabbytabby: 3:13pm On Feb 13, 2016 |
twinskenny: That is not the law and you people need to stop advising people on things that you do not know about. Which section of which law please. 3 Likes |
Re: <<<<<<<<<<<<<<<<<<THREAD FOR LANDLORDS AND LANDLORDS TO BE ONLY>>>>>>>>>>>>>>>>> by beansandgarri(f): 3:19pm On Feb 13, 2016 |
lonzo:The position of the law is that where a yearly tenant defaults in paying his rent for. 3 months He is only entitled to 7 days notice to quit and thereafter another 7 day notice to recover possession. The above notices are usually filled in court by a lawyer. Six months notice do not suffice where is already a 3 months default the tenant in question becomes a tenant at will. Your. Mum should get a lawyer who knows his onions. That tenant could be kicked out in a few a few months. 3 Likes |
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