All Forum Posts by: Jack B.

On the other hand, him coming home in a squad car and his uniform is an excellent crime deterrent....

 So you agree this was dishonest of him and is not a good fit? It just makes me uncomfortable. They are young kids and don't seem to get it or have any respect.

 Yes, this is stipulated in the lease, but you are missing the point. He said his GF would occasionally be over once in a while. She has moved in and been here EVERY DAY and does not leave...

This is a MIL apartment below me, in my house. I prefer not to rent to couples due to the extra traffic, noise, etc. As it stands, she has been here EVERY DAY since he moved in Friday and she appears to work from home. 

It bothers me, and I'm considering telling him I don't like it and giving him notice or asking about it. He is a 21 year old kid that just became a Cop. It's already been an issue because I only have three parking spots and they took up two, and I had to tell them the extra spot is for my guests, they can park down the street. I don't want MY GF walking from down the street to my house while they immediately take up all the parking. 

Ultimately I think he might be a bad fit because he doesn't seem to understand these things, he just moved out of his parents house.

I might just tell him my GF is moving in and have him move out in a couple months, or should I just try to adjust to this as uncomfortable as it makes me? AGAIN, he never made any mention of anyone else moving in with him. I asked about it and he said his GF might be over occasionally but so far she has been here all day every day with him and when he left for work today she stayed behind so I assume she works from home, which I also don't like, having tenants here around the clock. I rent this place out at 50% of market value and prefer people who are more quiet and work a normal office job.

I like the idea of no longer having to be hands on with tenants and toilets. But what are the risks and the cons?

I see a lot of nomenclature from companies about estimated 7 or 11% return for their DST, plus you'd get appreciation, etc. But

1) What is the typical total return on a DST?

2) How long is the money tied up? 

3) What are the risks? 

4) How do I screen DST's?

While I would like to get out of dealing with tenants and toilets, I don't want to throw the baby out with the bathwater...

 Yes yes, good advice and I already did all this before. This was the cheapest guy but cash price. Confirmed filling holes, and he even said some areas need to be primed where the holes were and that they have to do a double coat otherwise the old color will show through.

 No that was for other damages, utilities, etc. and partly to paint because there is a difference between normal wear and tear and damage. These room mates trashed the walls in the two years they lived there. I've never seen such damaged walls in over a decade of doing this.

 I've seen pictures of his work in his craigslist advertisement, also checked reviews on a home improvement site. Can't find him on Yelp or Google reviews but he is licenses and bonded and insured, checked state records.

Interior paint only. Includes paint, which he estimates to be 8-10 gallons, going from yellow paint to white, will need two coats for sure. It's the old paint from when I bought the place 6 years ago. 

I thought about doing this myself, but it would take me a couple weeks with a friend. This guy can finish in 2-3 days so I can actually get a tenant back in there, the last tenants were rough on the walls. I kept 1.5K of the deposit for this work. The $2,700 is the contractors cash price, and it seems like it's worth it to me, especially including materials. Frees me up to find other investments rather than paint...

Should I hire him? I do want to be clear on the cost and type of paint, double coat, where is being painted, with the contractor in writing though yeah?