All Forum Posts by: David S.

I would try first contacting the woman you normally speak with; let her know that she's responsible for everyone's actions since she's on the lease, and that it's in her best interest to have a group chat with them so they understand the rules. Since cats aren't on the lease, perhaps present two options so they can choose. Option A) pay more per month. Option B) pay a one time pet fee. Just examples...offering multiple options sometimes lets the other party feel like they have a bit of say in the outcome of the situation. If you seek a pet fee, then make sure the lease is amended to show that they broke the no pet rule, and it was resolved by adding a pet fee or something similar.

Worst case, document everything and take photos when you stop by for maintenance. Upon moving out you'll have proof and reason to hold their deposit if those issues amount to damages.

Got it.

Well if a seller's goal is to "sell" then many of the shady ones might fudge the numbers. Is the rehab estimate really 15k? Based on a 20 year contractor's estimate or a rookie's walkthrough. If someone can verify that, which is hard to do in a short description, then sure it has value. Otherwise I'd disagree.

Everyone has a pet peeve or two. These things almost instantly turn me off when reading details about a property:

1) Exclamation points - I see this as an attempt by someone to fester excitement

2) Listing the cost to rehab a property - Those are your numbers...not mine. At least write "estimated rehab cost" as a disclaimer

3) Listing the After Repair Value - Again, your numbers...not mine. If you didn't start or finish the rehab, then that means you haven't gotten it appraised. Sure you can base it off comps in the area, but each piece of land is different. This rule applies even if two properties are side by side. 

Just my two cents.

Hello,

I'm looking to learn more about the area around Scranton/Wilkes-Barre, which might include Stroudsburg. Years ago I did a flip with someone in Massachusetts on a 3 family. Now I'm eventually looking to buy and hold in PA. For now I'd like to meet people in PA and makes connections. I'm more than willing to offer an extra set of eyeballs to analyze the numbers and offer my opinion.

Let me know if you'd like to connect.