All Forum Posts by: Jane S.

PS with LTR the tenants pay utilities!!! 😸

my vote is for LTR and you dont have to furnish it. Can you calculate what your up front cost would be to furnish? And deduct that from rent for LTR no furn. The problem there is you pick the wrong styles etc for their lifestyle and if they have animals look forward to your nice new furniture getting shredded!

PLEASE HURRY ICANT STAND THE FEROCIOUS ALERTS COMING IN NOW!!!!!!!!!!!

HOW CAN I REMOVE ALERTS ABOUT RENTALS

they are overstuffing my email inbox!!!! please help!!!!

Is it a red flag if tenant refuses to respond to my phone, email and text messages? Her lease expires last day of this year. I offered additional 2 months on a 12 month lease so they could enjoy holidays, since finding a new rental is a chore. I emailed the move out instructions, called to ask them to confirm they received the email. No response. Have always used email to communicate with this tenant no prob until now. I'm thinking I ought to plan to inspect the property since they are not communicating. Or should I just stop stressing. No money owed so far and 1 month left to pay. I really need them to vacate on time and dont need to explain why.

So, thanks for telling me what I already fear. The info from Caroline is news to me so I plan to tread very carefully on something like this with VA deals. NO I am not throwing away all that cash on a cloak and dagger mystery!!! the listing broker ought to find another job, as well, what with refusal to answer the simplest buyer queries. The landscape is crowded with these nightmare properties that sellers allow to deteriorate. It's not the first for me but probably the worst. Owner is facing foreclosure, probably ...

The more brokers resist answering my legit questions the faster I run away ... seller said he was paying utilities nd adding it on to the invisible tenants "rent" ... I always like to know if utility bill reflects serious system issues ...

Onward .....

This is for a $500,000 VA loan with an interest rate of 2.3% and MLS list price $600,000.

It's an up down 2/1 duplex, each unit 850 sq ft, in a desirable location. However, the condition of the upper unit is disgusting. The property needs ~$35,000 rehab, (just a top of the head guess probably a low number), there is no entry from the double garage into the lower unit, and there are various other flaws which may not even be repairable. The A/C condensers are stored under the back deck, disconnected. 

The listing broker refuses to answer any questions about rent roll, if any, produce copies of lease, cost of utilities, and it has CDOM 129 days. 

One would think the interest rate would have garnered a few offers, but agent won't discuss that either. 

The listing states rent is $1,900/month per unit but refuses to submit hard copy proof of same. Property is occupied by the owner in upper unit. I dont think he's paying himself rent. Lower is vacant, although the listing states  "the tenant in lower unit will be leaving November 24". News flash, tenant is already outta there.  

After I saw pics of the upper unit I decided not to view it. There's a limit to my forbearance.

Thanks for your reactions ... 

have seen 3 older homes with stackables in the kitchen. a real eyesore if you dont conceal them in some kind of cabinet

THANK YOU ALL! Its a large $$$ cost to furnish the way I want prop to look! If I stick to 12 month tenants which I know how to do I think Im safer

True STR scares me but I can understand how a 13-week commitment from nurses would work since the property, a 2 BR duplex, is a block from one of 2 central hospitals in town and a high-rent historic neighborhood (if you live in CS you know where this is). The list of stuff I have to provide is long and costly including new queen size beds. Do I get a firm or soft mattress???

As a woman I know what to buy, thank goodness the windows have cordless blinds already and there are Whirlpool and Maytag appliances. Does the hospital pay the rent? Is the Keycheck software helpful or bug-ridden?  

The occupants need renters insurance, obviously, but my homeowners policy probably won't cover (accidental) damage caused by them. 

There's a tenant in the lower level paying $1200 a month. This defrays somewhat the waiting period till a nurse or 2 move in.

Any comments about pitfalls and other negatives please tell me. If it looks too risky I can always do conventional 12 month lease without investing in the furniture and doodads. It's a lovely property.

Furnished Finder has been somewhat helpful but when I asked for testimonials or reviews from actual nurses who used their service, they waffled. 😳🧟‍♂️