All Forum Posts by: Eric F.

good idea.  I will go by there hoping to talk face to face. I cant call him because he can only use google voice on his phone and has no home wifi. He texts me from work and the library. Also, I am not upset about this. I keep a level head. I know I made a mistake letting it get this far but every challenge is a learning opportunity including this one. Luckily I am close to even on this unit already so if I have to take the 2 month lot rent bump as well as what he owes me I will survive.

(Sent from my phone)

@Bill NevesI cannot do that. I will be in this situation again soon enough. These people are the biggest pains I have. Every month is late with an excuse. I was too nice initially and it has bit me in the behind ever since. Plus, since their monthly payment is so small I let things slide more than I should. This situation is my fault as much as their's for not setting true expectations straight away. I have learned my lesson here. Also, they have already had their one last ditch effort.  

I told him yesterday both myself and the lady who owns the park have to be paid in full by Monday morning. I will then try cash for keys and if that fails go the legal route. 

I don't have to worry about being in a tight spot with the park. I got a couple units in there (1 I own with a tenant and I pay the lot rent, always on time). The owner knows I will make it up if I have to get these people out. 

@Kevin Miles"look, it's not personal, but I have to do this to protect myself. It's my duty". I have told a tenant the exact same thing when they got behind and then I went to the courthouse. They understood, got caught up, and we have been 9 months since with on time payments, good communication, and a good relationship. 

I might have missed this. Are you an agent or working with one? If not can you offer her both sides of the commission.

Short version: Buyer 2 months late on lot rent, 15 days late on payment

I sold a trailer to a couple 1 and half years ago, on a 3 year note. They pay slow all the time, but always pay the late fee. Last month they paid 3 weeks late. I know he lost his job, couldn’t find work, and then got a new one. He gave me the proof he had a new job which is why I was fine with the lateness (even though looking back I have allowed it too much, they always paid the late fee though so I was too soft) Anyway, the park owner called yesterday and said they have not paid lot rent for 2 months and they are ignoring all her attempts to contact, including notes left on the door. I told her he owed me as well. I also told her he got a new job 3 weeks ago and told me he would be caught up this Friday. When I spoke with him I did not know lot rent was late. She said if she is not paid Friday she would have to file Monday. We spoke and she said it would probably be better if I filed in court instead of her, since her filing would be an eviction to move the trailer, which my contract with the seller prohibits, plus he can’t afford to, whereas mine would just get me the trailer back.

The tenant is really hard to get in touch with. He will respond to texts but never on the phone. I want to tell him if the park owner and I are not paid in full on Friday (we won’t be) “look, this isn’t working, I have to file on Monday” but trying to steer it towards just giving them a couple hundred bucks to get out and get it clean. If I get them out this way it will cost me my back payments (fine with me), 2 months lot rent (I have to make up what he already owes which sucks) plus the money I give him, if I even give him any, but it will be faster and easier. Even if I give him like 600 bucks that is two more months of lot rent I would owe by the time I got him out due to the time it takes in court, plus 2 months more of lost rent pay.

What would you guys do?

Thanks..I could never find the Johnston link. 

I am looking for two things.

1 is an agent I can refer some short sales to. I sent out a mailer a few months ago and there were several good candidates for short sales. I regret not finding someone to refer them too back then. I am remailing the same list and if a BP member loves short sales, and is in Raleigh / The Triangle, please let me know.

For lists, I am looking for a place to get expired listings in Raleigh, Durham, Garner, etc. A mailable list would be rad, but if I could only get property addresses I can make it work. Any ideas?

Does anyone know if Durham or Johnston county has delinquent property taxes in a database online? I cannot find it. Also, same for code violations in any of the cities. 

Any other list ideas I missed let me know. 

thanks

Eric

@Bryan H.

 is right on about TREIA. The sub groups are great. I like the North Raleigh one but I seriously have had a conflict 5 months in a row. If I could I'd go to all the sub groups. I would for sure if I was full time. 

The main meeting is not as great in my opinion. I swear when I first joined it was no pitching, and now every time there is a guru up there. I leave as soon as the presentation starts now. 

@Colton S.you are right about it being hard to find a good duplex to live in here in Raleigh. I looked for months and months and never had a single duplex I would be happy to live in hit the market at a price where the numbers came close to working.

Even second hand I've only heard about 2 or 3 people buying one I wish I would have found (one of them posted in this thread)

That is a good area. O'Berry street? I looked for a duplex in that area for a long time and never found a good deal. Sooner or later someone is going to offer you a lot for that lot probably.  What were the details of your purchase?

1 more try because I still cannot figure this out.