All Forum Posts by: David Pham

@Jennifer Donley are they suppose to have the "tenant number" on their voucher for St. Louis County HUD? I've seen some that doesn't have the number, not signed by anyone, and no expiration date. Needless to say, the tenant didn't pass my screening criteria. Just curious if you have run across this before?

Are you house-hacking on this one? I'm asking because your down payment is at 3.5% which is typically for owner-occupant. If you've found a lender that would allow for non-owner-occupant with 3.5% down, I would love a referral :-). Adjusting the down payment would certainly change your CoC ROI.

Good luck!

Hi all,

I'm curious how you all would handle this situation? My tenant requests to have the rent due on the 15th of the month which they had an "unwritten" agreement with my previous property manager and the property manager acknowledged of such agreement. They have been paying on the 15th of the month for the last 3 months on time. However, the lease state "rent is due on the 1st of the month". I want to follow the lease but also want to be reasonable as well since the previous property manager did have the agreement with them. How would you handle this situation? would having them sign a lease addendum stating rent is due on the 15th of the month reasonable?

Thanks in advance!

David

Hey Kien, Florissant, MO is a good cash flow area. I have some rentals in Florissant. It's pretty competitive now with lots of local and OOS investors going after the same area. You should have boots on the ground to invest in St. Louis in general just because it's pretty much block-by-block in the city and muni-by-muni in the county.

Hi, looking for vendors recommendation to install a basement drain tile and sum pump system for one of my rental. Please let me know of any recommendation.

Thanks in advance!

Hi, looking for recommendation on vendor to use for basement drain tile and sum pump system for one of my rental. Please let me know of anyone would recommend.

Thanks in advance!

@Patrick Sugg congratulations on your first rental! The first one is the hardest one.

I use Shelter Insurance for my rentals in St. Louis. My guy is investor friendly. Feel free to PM me if you would like his info.

Hi @Scott Tucker, I also use Shelter Insurance for my three SFR rentals in St. Louis. The person i'm using is investor friendly. Feel free to PM if you would like his contact.

Welcome @Jeremy Francis! If you haven't done so check out BP's guide. It is a good place to start.

https://www.biggerpockets.com/files/329/download

What are some burning questions you have right now? Feel free to reach out if you need anything. I typically go to @Megan Greathouse's event. Hope you see you there!