In the past, I’ve verbally advised a tenant in difficulty to pay a reduced amount but sent them emails and texts chasing the rent which I verbally told them to ignore and they’ve also replied promising payment and layering in excuses etc.Am I right in understanding, that if I ever reduce rent, then I'm stuck at future increases only ever being based around the reduced amount? Is there any legal way to give good tenants a discount, without falling foul of these rules?
The problem is they will not call you over a small leak, and it will end up costing 10k for a new ceiling and shower.If i want to give a discount of €1000 for example.
I tell the tenant that I have a budget of €1000 for repairs and call outs during the year. Anything that left over out of the €1000 after all costs and all out charges I will give it to you at Christmas.
You would be surprised how few needless calls you get during the year then too, because the weigh up each time they need you to spend money on the place.
I havent found that to be a problem at all in the 7 years ive taken this approach.. They call me for things that need doing and they cant do themselves.The problem is they will not call you over a small leak, and it will end up costing 10k for a new ceiling and shower.
I've actually seen that exact scenario in a rental property in clonee....you could actually see through the bathroom floor upstairs to the kitchen below. Hole the size of small cushion.The problem is they will not call you over a small leak, and it will end up costing 10k for a new ceiling and shower.
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