Monday, May 7, 2012
In the midst of moving, renovating, working to pay for moving and renovating, we got overwhelmed. When the place didn't rent after 5 days of our Craigslist and Westside rental listings, we got frustrated and impatient. Yes, I know that is a little silly, it was only 5 days, but when this rental is covering more than half our mortgage - first payment due June 1 - we started to freak.
So we could at least put some of the stress behind us, we hired, on the recommendation of a friend with a duplex nearby, THE RENTAL GIRL. In exchange for half of the first month's rent, the lovely Zaya handled the listings, showings, tenant screenings, paperwork and check collecting. We didn't need to worry about it.
About a week after she signed on, we got an email with an information packet about our potential tenants. Personal info, references, credit scores and financial information. We're really running a small business - so all that stuff matters. No dead-beats please. These guys seemed great, and after meeting them in person, we felt like they would take good care of our place.
Who are they? Three 27-year olds, who went to college together in New York, who all work in creative fields - an ad-writer, a TV production assistant, a guy who manages fashion designers. Two boys and one girl - we for some reason decided a combo would be cleaner than three boys or three girls. Oh, and a cat. (They had to pay an extra $300 security deposit for him.) They are definitely fun, definitely wanted to live in our neighborhood for it's "hipness" and seemed very relieved that "you guys are cool" since we are living so close. (I have never felt older in my life after hearing that!)
They signed their lease on Thursday and I cashed the rent and security deposit checks on Friday. Tried to make it feel as ceremonious as possible. By myself, at the Vermont Avenue Chase Branch. Our FIRST PAYMENTS AS LANDLORDS. It's pretty cool. Even if no one there noticed how cool it was.
So far so good - they got the keys Saturday morning and will start moving stuff over this week. And after we send our workers in today for a couple finishing touches they forgot, we can put that place and all it's fixes behind us...
...until something breaks of course.