All Forum Posts by: Brandon Johnson

Looking to BRRR a 4 unit property in Ohio. Purchasing the building for 35k. Rehab budget is around 70k. How does hard money work for this deal?

Thank you

The neighbor to the left of my rental has a large tree with overhanging branches that could become a problem for my property and my tenants.  How can I get the neighbor to pay to maintain the tree and cut the branches that overhang?  The neighbor to the right of me has a fence that is falling down towards my driveway. It will likely fall over and cause damage to my tenants vehicles or even worse, a person.  How should I handle this?

Looking for some advice from the forums.  My tenant texted my property manager and said that the garage door at my property had been damaged.  The tenant claims that a metal piece was hanging down from the door and had gotten snagged on the roof of her Jeep.  All evidence points to (including the advice from the garage door repair service) that she ran into the footer board.  This would indicate that she may not have pushed the door all of the way up.  

What is the recommended course of action if the tenant will not pay out of pocket for the repair?  Obviously she could file an insurance claim with her car insurance.

I have a tenant that moved into the 2nd floor of my 2 family property.  After moving in we realized that the tenant on the first floor had bed bugs.  She also ended up having bedbugs on the 2nd floor.  I provided the new tenant on the 2nd floor with a hotel until the pest company could could and perform a heat treatment on the house to kill the bed bugs.  The treatment cost almost $4,000 (if anyone was wondering).  I gave the tenant two options.  1) She could break her lease and receive her deposit and 1st months rent back 2)She can stay in the hotel until the heat treatment was complete and pay 350.00 of the her 650.00 per month rent on the 1st.  On the first, my representative reached out to her and asked about the rent.  She mentioned that the lease said that she had a 5 day grace period.  Which it does.  On the 5th she told my representative that she didn't get paid until the 7th.  She again, did not have the money on the 7th.  She finally provided a money order on the 8th but refused to pay the late fee.  She's constantly telling my representative how hard it would be to evict her.  Should I proceed with eviction?  Sound like she is going to be a difficult tenant throughout the lease.

Thanks in advance for any advice.

Need some advice.

I have a tenant, the person that I bought the multi-family property from, who is being quite the pain.  When I purchased the house the tenant signed a lease converted to month-to-month in June.  Between January (when I took possession of the property) and June, the tenant caused the back door to be kicked in by the Fire Department because she left food cooking while she left the home.  I informed her that she would need to pay for the replacement of the door because of her negligence and then sent her a bill for the door along with receipts.  I had heard that the tenant was moving items from the unit over the last few weeks but never received written 30 day notice that she was moving.  I spoke with the tenant yesterday as it appeared that she was still moving.  I informed her that since she had not paid for the door replacement that it would come out of her security deposit.  She requested the remainder of the deposit be paid to her  I told her she would not be getting that either as she had not provided written notice per the terms of her lease.  Today is 7/2 and the tenant still hasn't moved out, has been washing clothes non-stop (running the water bill up).  And even caused an overflow or leak that has run into the unit downstairs.

What should I do?

Concealed carry, anytime and anywhere (where legal)

Came across the opportunity to purchase a single family home from a family member at a great price. Originally was offered the home for 70,000, which may be what it's worth. Was able to get the price down to 55,000. The home is located in Bedford, Ohio which is a suburb of Cleveland. The home has 3 bedrooms and 1 bathroom. Our plan, is to update the house and sell it, ideally for at least 90k. I'm not sure the comps support the 90k ARV.

How would you evaluate this offer?

In contract on a two-family property.  Had the inspection done and found a few items that are a concern.  The property had been rewired due to a fire on the first floor of the property.  Most of the wiring was good but when we went to the panels we found a few strange situations where the wiring got the boxes.  Also found repairs on drain pipes from the sink that had electrical tape on them.  Lastly, there was green mold in the basement which seems to be from poor circulation.

My electrician is coming out to assess the wiring issues.  I can have my plumber fix the silly plumbing mistakes.  More concerned about the mold.  

The property is in Cleveland, OH.  Thoughts?

Please email me info to [email protected]

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