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All Forum Posts by: Craig Janet

Craig Janet has started 1 posts and replied 216 times.

I live in Louisiana and if you set your thermostat to 67 your unit will have to run 24/7. What is the actual temp inside the home? If it gets down to 68 degrees you know your system is running fine. 

I wouldn't replace it. A new driveway will not make you more money. It does look like the lawn could use some attention. You could work on that to give the home some better curb appeal. 

Post: First Tenant Turnover Experience

Craig JanetPosted
  • Posts 219
  • Votes 258

What I do is make a list of handymen, or other trades and write their number down. Then literally call everyone in town. if your list has 50 people on it, half will answer the phone, then maybe 10% will show up to give you bid. Eventually someone will show up but they probably won't be the best, so keep expectations low and never pay up front. 

Are you seriously going to walk away from a deal over $500. I can respect that but surely you can meet in middle somewhere. Good Luck!

Sounds like you have a bias against marijuana and are making weak legal arguments. As other's have said, calmly tell him that smoking ANYTHING in doors is a violation of the lease and disruptive to the other tenants. If it continues you will proceed with an eviction. 

I own rentals in Lake Charles and I'm also a licensed contractor. Let me know what you need. 

Post: Need some help with my first wholesale

Craig JanetPosted
  • Posts 219
  • Votes 258

So you're going to go on the MLS and make a low ball offer with no intentions of buying it. Then you are going to sell that contract to someone else on the MLS for a higher price within a few weeks? Why would any seller accept your offer? What are you going to do if you can't sell the contract?

You have to manage the property managers. You should be informed and reviewing all the repairs or at the very least reviewing it monthly. PMs have no incentive to save you money on repairs no matter who they use. Do you think a PM will call and meet multiple plumbers for bids or just accept the first one to get it done asap? We need specifics on the charges, it may not be as bad as you think.  

It's most likely a toilet or several toilets running. It's barely noticeable but can really add up. Change the flaps they are less than $5 a piece and fail over time. That would be the simplest and cheapest fix to try before moving to some of the more expensive options. 

So what are you going to do if the next realtor is rude? Are you going to weasel out the deal again? Delays in closing are very common. Think about the buyers. They may have found their dream home and now they are stuck with this realtor. You are canceling the sale because of some words you didn't like.