All Forum Posts by: Gabe Hall

@Derek Janssen lol I had the exact same thing happen this July when a tenant's toilet started leaking while I was in China and got a call at 3am!

For the OP, I have a gmail account for the LLC I use to manage my properties, which manages my accounts, cozy.co, and google voice. This way I can hand it off if needed. All the google voice calls and text go into the gmail inbox, so I have a complete documented record of everything.

@Jim L. . google "Joe Kaser" - its a fascinating read.

Most tax sale lists from the county will have some legal stipulation regarding the relevant RCW.  @Kevin Romines covered it pretty well.

If its on Zillow, its a bank foreclosure or pre-foreclosure and totally legit for you to check out and offer on.

If its a bank auction, don't expect much. 

If its a tax foreclosure auction, be careful as you are not allowed to use the tax foreclosure list as a means of getting or soliciting sales.

If you need 50k and your 401k is large enough, you can get a 401k loan.  Never done it myself but it doesn't require rolling over or taking a distribution.

@Donald S. Great - hopefully I wont have to use it again but I'll give it a shot.

@Account Closed I use Cozy for my rentals and I love it.  I self manage and its a great way to show tenants you are serious and they should be using tech like they do with the utilities, etc.  I can say things like "oh our billing vendor does this..." etc. 

The ACH payment is slow - I get paid on the 7th or 10th usually unless a tenant uses a credit card.  I just account for this timing and its live-able.  I also track all maintenance requests and expenses in the app.

I wish it had a spanish translation and more help for non tech-saavy renters.  I also wish it had some ways to send bills to tenants for one-off payments and fines.

@Joy VanAssche Welcome to BP!

Divorce is expensive.  Financially and emotionally.

Sit down and really listen to her.  Really deeply hear the words, the feelings behind the words, and the history and self-talk that is behind those feelings.  This is an emotional intelligence skill.  Better grow it really quick.  Read some books about it.  Do this like your business depends on it.

Then talk to a CPA. 

Hi BiggerPockets!  I'd like some advice.

I have an inherited tenant in one of my units.  Let's call it Unit X, tenant 1 and 2.  Looking through their lease, it shows both tenants 1 and 2 on the lease.  However just recently I was talking to tenant 1 and I asked them about tenant 2.  Tenant 1 said: "Oh tenant 2 doesnt live here anymore".  However the lease clearly states tenants must inform landlords and file an occupancy addendum or they receive a $100 fine.  

I was considering asking tenant 1 to sign an addendum to remove tenant 2 from the lease and make them the only person who has 'occupancy'.  However, maybe its pointless.  There doesn't appear to be any real reasons I should push it in this case.  Only if they add a new person without updating occupancy is there a problem with evictions and liability.  It looks like tenant 2 was added to the lease probably to be able to qualify but then left.  However, tenant 1 is making rent no problems so far.

So Addend or not Addend?

thanks!