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Old 07-26-2017, 12:08 PM
 
278 posts, read 149,424 times
Reputation: 379

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Weighing in from the landlord side....

We had our Brookline rental unit deleaded last year - the tenants wanted to leave a lease early so it gave us a perfect window.

- It cost us close to $20K to delead - all done to code by certified workers - paid a bit more as we had the lead paint fully removed rather than covered and we wanted to preserve the original moldings rather than remove and throw some home depot junk in there.

- We also spent about $15K on some other updates - stainless steel appliances (low end) and granite counters (lowest price remnant slabs), repainting, minor repairs etc etc

- We will depreciate and consequently recover the costs over time.

- We now have a 'deleaded, renovated, luxury apartment' and we increased the rent by $800/month - had people lining up to sign.

It was a no brainer decision for us - easier to rent, higher rent, increased property value, and we recover these costs over time anyway.
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Old 07-26-2017, 12:14 PM
 
486 posts, read 360,497 times
Reputation: 801
There you have it, yet some of the clowns here believe they're entitled to a post-deleading apartment at pre-deleading rent.
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Old 07-26-2017, 12:16 PM
 
2,769 posts, read 2,209,055 times
Reputation: 2174
Quote:
Originally Posted by bigfatdude View Post
There you have it, yet some of the clowns here believe they're entitled to a post-deleading apartment at pre-deleading rent.
No one said that.
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Old 07-26-2017, 12:37 PM
 
486 posts, read 360,497 times
Reputation: 801
Quote:
Originally Posted by Dm84 View Post
No one said that.
Everyone's favorite law says landlords are required to de-lead, meaning there's nothing stopping some scumbag from signing a lease for a run-down apartment with lead paint that is priced accordingly, then demanding it gets de-leaded.
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Old 07-26-2017, 12:37 PM
 
1,390 posts, read 1,955,183 times
Reputation: 1547
Quote:
Originally Posted by sawyer2 View Post
Weighing in from the landlord side....

We had our Brookline rental unit deleaded last year - the tenants wanted to leave a lease early so it gave us a perfect window.

- It cost us close to $20K to delead - all done to code by certified workers - paid a bit more as we had the lead paint fully removed rather than covered and we wanted to preserve the original moldings rather than remove and throw some home depot junk in there.

- We also spent about $15K on some other updates - stainless steel appliances (low end) and granite counters (lowest price remnant slabs), repainting, minor repairs etc etc

- We will depreciate and consequently recover the costs over time.

- We now have a 'deleaded, renovated, luxury apartment' and we increased the rent by $800/month - had people lining up to sign.

It was a no brainer decision for us - easier to rent, higher rent, increased property value, and we recover these costs over time anyway.
Did you get one of those Massachusetts sponsored loans?
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Old 07-26-2017, 12:39 PM
 
2,769 posts, read 2,209,055 times
Reputation: 2174
Quote:
Originally Posted by bigfatdude View Post
Everyone's favorite law says landlords are required to de-lead, meaning there's nothing stopping some scumbag from signing a lease for a run-down apartment with lead paint that is priced accordingly, then demanding it gets de-leaded.
Right, so now people who expect landlords to follow the law are scumbags?
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Old 07-26-2017, 01:17 PM
 
486 posts, read 360,497 times
Reputation: 801
Quote:
Originally Posted by Dm84 View Post
Right, so now people who expect landlords to follow the law are scumbags?
Yes, people who try to scam themselves a Mercedes at Yugo price are scumbags. Telling the landlord you have kids and need the apartment deleaded in advance then signing the lease once it has been priced accordingly is perfectly fine, but anyone who lies, signs the lease on an apartment priced according to its current dilapidated state then spring precious little Brayden on the landlord and demands full deleading and hotel accommodations is definitely a scumbag. And that is exactly what some of you clowns have been advocating.

Last edited by bigfatdude; 07-26-2017 at 01:38 PM..
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Old 07-26-2017, 01:18 PM
 
2,769 posts, read 2,209,055 times
Reputation: 2174
Quote:
Originally Posted by bigfatdude View Post
Yes, people who try to scam themselves a Mercedes at Yugo price are scumbags. Telling the landlord you have k8ds and need the apartment deleaded in advance then signing the lease once it has been priced accordingly is perfectly fine, but anyone who lies, signs the lease on an apartment priced according to its current dilapidated state then spring precious little Brayden on the landlord and demands full deleading and hotel accommodations is definitely a scumbag. And that is exactly what some of you clowns have been advocating.
You're being ridiculous but whatever.
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Old 07-26-2017, 01:19 PM
 
Location: Beautiful Rhode Island
6,295 posts, read 10,460,438 times
Reputation: 6060
Renters do not understand things from the perspective of a landlord.

Perhaps all those who would force landlords to rent against their own ideas of who they wish to chose as tenants in their properties should become landlords for a year. I predict a quick change of outlook.
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Old 07-26-2017, 01:20 PM
 
2,769 posts, read 2,209,055 times
Reputation: 2174
Quote:
Originally Posted by Hollytree View Post
Renters do not understand things from the perspective of a landlord.

Perhaps all those who would force landlords to rent against their own ideas of who they wish to chose as tenants in their properties should become landlords for a year. I predict a quick change of outlook.
No one is forced to be a landlord. I don't feel sorry for them whatsoever.
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