All Forum Posts by: George Red

Where to begin... stock up on tin foil!

@Laura Marks thanks again for the insight, I spoke to the case manager and it looks like tenants from CSL come from different programs, one of them being housing the chronically homeless. I was informed that the potential tenant in question is a single mother in a transitional housing situation (not chronically homeless) and after talking to the case manager I feel better about things... plus they pay above market rent and a security deposit. I did learn about CPN's thanks to your post and the background check came back as a valid SSN (thanks for the heads up). We'll see how things progress and I'll post updates.

I personally would not. 7 years is the better part of a decade ago and the action was not repeated. I would potentially just keep an eye on things for the first few months more closely and make sure the deposit check clears ;). It would not be a hard no for me.

@Laura Marks ouch 10k in 3 months… mind if I ask what the tenant did and ask what you mean when you reference the psychology of the situation? Thanks for the insight, we’re supposed to do a background check before potentially placing but thanks for the info about the program no longer paying if tenant drops out. Something to consider for sure.

Hey all, I have a vacancy my realtor is working on filling in a duplex. She mentioned two housing programs in the KC area listed below. Reaching out to see if anyone has experience working with these organizations or placing tenants through them and what your experience was. Similar to HAKC, better... worse... any experience welcome and thanks in advance.

Programs

* Save Incorporated.

* Community Services League

Lol I've got a few...

* Better managed my former property manager.

* Approached rental property investing as more of a business than a side hustle.

* Didn't potentially over-improve properties

I'm about 2 years in so still learning (as we all are) but those are some of mine for 2023... you live and you learn and are typically better for the bruises.

Sorry to hear that is happening, doesn't sound like fun at all. I would think that any improvements made are between them and the prior owner, you purchased it as it and it's not your role to go through the historical (how could you even verify) layout of the garage. Some thoughts.

* Talk to an attorney to get their point of view. If the attorney says they have not rights tell them everything needs to be out in "x" number of days or you'll clear it for them.

* Get a restraining order so they cannot come on your property.

* Moving forward the lesson may be to ensure property is delivered vacant prior to closing... we all learn along the way.

I hope it all works out!

@Mackaylee Beach any streets/intersections/areas that catch your attention more than others in the area. I own on Arleta duplexes, and a SFR around the corner on 75th. Seems like values get higher immediately west of the Paseo between there and Troost. Seems like a good amount of the flipping I'm seeing is south of 75th. Your take too or you see something different. Again I'm OOS so interested in a locals take.

@Mackaylee Beach I know it's been about a year... I own 3 properties in East Meyer and interested in what pockets you see transforming. As I look on Trulia etc. it seems like there is a good deal of flipping going on in the area as it is "more affordable" than other parts of the city. Interested in your take and Happy Holidays!

@Timothy Burns fingers crossed for you... sounds horrible. I'm in the middle of an eviction now and the tenant has not paid since July, when my agent goes by he's never there and his "girlfriend" and some local rif-raff seem to have pretty much taken over. Per legal advice we cannot just change locks and have to wait for eviction to proceed. I'm really hearing the echoes of everyone on the forums here talking about the importance of tenant selection (we inherited this tenant).

Fingers crossed for you, I can only imagine how stressful it must be.