All Forum Posts by: Christy Philippoff

@Kevin Sobilo I just posted our similar problem. Please read. Any advice is appreciate.

@Mike Young we are having the same problem. Our tenants are supposed to move out at the end May and they told us they aren’t moving out. They aren’t paying market rent. We started telling them in March we would give them money to leave early. We have offered to pay their deposit on a new place. We offered to move their stuff for them. They say they can’t find a place for rent. The truth is they can’t find a place to rent for the price they want. They really just want to stay where they are paying the lower than market value rent. Any advice is appreciated. I’m afraid our only choice is eviction. Are we allowed to evict yet?

@Angelique Anthony we live on the gulf coast too! Keep us in mind if you get properties in Ocean Springs or St. Martin!

@Clayton W McGehee I’m following! I also live in Ocean Springs. I’ve wondered if the insurance on trailers are different from houses.

@Matt P. It took us about 10 years, but most people could go a lot faster. We did most of the work ourselves and we were both getting multiple graduate degrees and we had 2 kids. I’d imagine you could do it much faster than us!

@Don Gouge we made about 15k on the first one, about 100k on the second one and about 45k on the third one. Plus what we paid down on the loans when we were living in them. We did most

the work ourselves so we didn’t have the cost of contractors and we didn’t have to pay capital gains since we lived in them. Plus we are extremely cheap!! We were our own contractors when we built our beach house and did a lot of the work ourselves. Plus we are on the MS gulf coast so things don’t cost quite as much as other places!!! We were so excited when it appraised for 100k more than we have into it!!

@Damaso Bautista you’re very welcome!

@Max T. Absolutely!!

@Matt Nusbaum thank you!!

@Damaso Bautista I wouldn’t say we are too experienced! We still feel like we have no idea what we are doing. This is over the course of a little over 10 years. We probably could have done it sooner, but we both were going to graduate school at the same time. So the 10 years includes 4 graduate degrees and 2 kids. We also kept our full time jobs-teaching high school at first (and we both worked part time jobs at our local community college) so we could eventually transition to teaching college which we did as well. All that being said, if you don’t have so many extra things going on, I bet you could do it 10 times faster!!