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All Forum Posts by: Nicholas Weckstein

Nicholas Weckstein has started 51 posts and replied 338 times.

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Deanna McCormick thank you very much. So I ironically just got the appeal notice. Now I have to file a complaint. The good thing is that he's required to pay the rent to the courts as long as this goes on and then they pay me the rent. So at least I'll be made whole in the mean time. I'll let you all that commented know the outcome. As always thanks to everyone who commented. This site has taught me so much about the land lord game. It's like free college

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Chris K. So I called and confirmed that he did in fact file an appeal...ugh ! He posted 300$. I guess they said he can make payments. I called the county court where the appeal was filed and told that I then have to file a complaint. Do I have to wait untill I physically receive the appeal ? Thanks again in advance. Trying to not get a lawyer involved as it gets expensive quick.

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Chris K. I was hoping you would weigh in on this lol. As your from the area. Specifically this is Hanover township by the way. The house is in my name not an entity. It's my first eviction so I'm learning the ropes. Going to continue on with my plan to file for possession. He had 10 days from the 11th to do so from my understanding. He says I should be receiving his appeal in the mail soon. Just glad this isn't New York because form the horror stories I've herd this isn't so bad.....I hope... Many thanks !

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Dave Van Horn thank you for the information. As you said we shall see. Going to go up their tomorrow and figure out what I can.

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Dave Van Horn yeah I see, what a pain ! One thing I did read is that the tenant needs 3 months rent in order to file an appeal. That the county holds in escrow to pay me during the appeal process. I don't think this tenant has the money. He may just be speaking out of his ***. He claimed to have filed an appeal but we will see

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Dave Van Horn yes it is just part of the business. The tenant hasn't paid the rent in 2 months. Was ordered by the judge to do so. And still has not. At this point I can just want him out. If he doesn't pay me that sucks. But him being their is a thorn in my side. I guess I'm just curious if I can still file for possession and have him removed even with his appeal

Post: Eviction appeal from tenant in PA.

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Hello friends here at BP ! So I filed an eviction against a tenant. I served him the proper notice and we had our day in court. The judge ruled that the tenant is to pay me the amount owed and to leave the property. I was told In 11 days I can file for possession of the property. I plan to do so tomorrow as the tenant has not moved. Also has not paid me. He just informed me that he filed an appeal. My question is, what does that effect. Is the appeal for the monetary amount only? Or does his appeal grant him more time to squat in my apartment ? Any advice or info would be great. Thank you.

Post: New to this, how do you think this looks?

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Patrick Gerrity we'll get some quotes on insurance, make sure u see sewer bills, electric bills, water bills, etc and average them over the course of a year. Consider managing fees if you don't self manage, consider lawn care snow removal. 10% for vacancy. Income taxes. Like I said it's always best to shoot high on your expenses. Don't say oh well it'll prob only be 100$ for insurance. Get it under contract and look into it. Theirs plenty of ways that you can get out of a contract if your not happy with it. Best of luck. Again let me know if you need a good inspector or agent I know a lot of people in the area. And if your buying for cash you have more room to negotiate a better price.

Post: New to this, how do you think this looks?

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Patrick Gerrity I think I looked at the deal your talking about. Those numbers sound good but dig in more. It's not campus housing right ? I'd say crunch the numbers. Use higher numbers than you think. If it still works make an offer. Be sure to check if it's in a flood zone. If you can get the property for a good price and the numbers work then go for it. Consider any capital improvement that may need to be made. I can refer you to a good inspector. Are you working with an agent ?

Post: Question for people who've invested out of state

Nicholas WecksteinPosted
  • Real Estate Agent
  • Warrior Run, PA
  • Posts 341
  • Votes 146
Patrick Britton I entrusted my first property to a manager and just assumed they would do right by me. What I failed to realize is that the going rate for PM (10% of gross rent) is not enough for these management companies to make a living. So they basically take 10% for just collecting rent. they really make money on all the contracts. They sub contract. So your lawn needs to be cut. A regular company will charge u 25$. They get a company they use to cut and charge u 40$ and take the difference. So you wind up over paying for everything. Not trying to scare you away but this is something you should realize. In my case they basically wanted me to just forget I had a property and not check in. They didn't understand that they worked for me. The straw that broke the camels back was when they removed a tenants left behind furniture and charged me $850 to do it without my permission. Their contract stated that they needed my go ahead to spend anything in excess of 100$. I fired them after this, as it was just the final straw. I'm lucky enough that I only live 3 hours away and have a friend who lives in the area. Sorry in advance for the long paragraph.