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All Forum Posts by: Dan Palumbo

Dan Palumbo has started 12 posts and replied 30 times.

Post: Landlord Eviction Lawyer Needed - Klamath Falls, OR

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

I am in need of an eviction lawyer in Klamath Falls, OR to evict an inherited tenant. If anyone has a referral, please send it my way. 

Post: receiving rent electronically

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

Cozy, apartments.com, venmo, cashapp, zelle or directly deposited to my bank account are all options we use. I don't take any checks. 

Post: RentRedi, TenantCloud, Hemlane or Innago

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

I've been using Tenantcloud for over a year and am looking to make a switch. Overall it is ok but their support isn't great, and I've had a few issues with the software that I find unacceptable. I'll note a few items below.

1. Customer service isn't great, everything is ticket based and the onis is on you to follow-up.
2. Accounting is tedious, the flow of creating an entry takes longer than other software, no ability to duplicate transactions, mass delete, mark paid and adjust details to entries. After creating an entry, oftentimes I lose my filter(property, date range, etc) and need to go back and reapply filters.  
3. Timestamp on digital signings\creation is off. I'm on the west coast and timestamps are all over the map. None of them seem to line up with any of the standard timezones. I created a ticket over a year ago and was told they're looking into it. Several follow-ups have done nothing to further the resolution. (hopefully, I'm never required to provide timestamp sensitive data in something like an eviction or other legal matter) 
4. I was willing to work through all this when I recently ended a lease early and lost all previous accounting information tied to that lease and those tenants. Customer Service told me there was no way to recover the data, so I was forced to go back and manually re-enter each transaction tied to that lease and those tenants. 

I recently signed up for rentredi to test it and found they don't really have an accounting solution integrated into the software if that is something you need. 

Hopefully this information is helpful and let us know what you settle on. 

Post: How are u collecting rent?

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

@CJ M.

Correct, the fee being charged is because you are using a business account. A quick conversation with cashapp support can fix that if desired.

Post: HAPS Contract senior assisted living apartment complex

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

I am looking at purchasing a couple of complexes that have HAPs contracts assigned and have some questions. Anyone out there have experience with these types of contracts that would be open to answering some questions?

Thank you in advance.

Post: Multifamily complex with HAPs contract

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

I am looking at purchasing a couple of complexes that have HAPs contracts assigned and have some questions. Anyone out there have experience with these types of contracts that would be open to answering some questions?

Post: Help - Rehabbing duplex as SFR - Is this an issue?

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

Thank you Mike, the property is zoned D8 which I was able to confirm does permit SFR use. I spoke with a lawyer who confirmed with Indy zoning that we should pull structural permits (few hundred $$) and file for change of use.

Regardless of permits, I was able to confirm with some appraisers today that it will be comped as best use, which would mean as a SFR after rehab. Thanks for the responses.

Post: Help - Rehabbing duplex as SFR - Is this an issue?

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

Frank, 

Thanks for the reply. This wouldn't be held as a rental and most likely be sold to an owner occupied due to the level of rehab we intend to do. I hadn't thought about the insurance aspect and will need to follow up with my insurance co as well. 

Thank you.

Post: Help - Rehabbing duplex as SFR - Is this an issue?

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

I am currently under contract for a property in Indianapolis that is zoned as a duplex but currently gutted and setup as a single family dwelling. My intention is to flip it by rehabbing it as a single family due to it comping well with single families vs duplexes(higher spread) and the fact that the dividing wall was already torn down. I have a couple of questions with this approach. 

1. When selling the property: will this be an issue with lenders if a property is zoned duplex but setup as single fam?

2. How will an appraiser comp the property if zoned duplex but setup as single fam?

3. Does filing a change of use permit change either of the two questions above?

I am currently looking into the process\cost of rezoning but it doesn't seem cost effective. Ideally I wouldn't have to rezone. I have asked a RE lawyer in the area to look into it as well as reaching out to some appraisers but figured the BP family might have some good insight. 

Thank you.

Post: Hoping to get clarification on Indiana Landlord Tenant Law

Dan Palumbo
Pro Member
Posted
  • Rental Property Investor
  • Tracy, CA
  • Posts 32
  • Votes 1

Yeah, my concern is that it says 'in state'. I do not reside in Indiana, was just looking for clarification. Or maybe someone who self manages from out of state.