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All Forum Posts by: Charles Davis

Charles Davis has started 8 posts and replied 28 times.

Post: New to BP and R.E. Investing

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1
Welcome this is the best place to be !

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1
Originally posted by @Dawn Anastasi:

Step #1 - you need money.  You're not going to get anywhere without it.

Step #2 - get the tenant OUT.

Step #3 - rehab the property such that it's completely rent-ready.

Step #4 - get actual paying tenants in there. If you don't do it yourself, then hire a properly qualified property management firm to do it.  The contractor obviously just stuck any old person in there just so they can get some money.  A contractor is generally not a property manager.

If you can't at least do step #1, then sell off the property for what ever price you can get and get out of the business.

 I'm never gonna quit ! Came to far to get this one property ! 

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1
Originally posted by @Mike Clark:

Hey Charles

First, you don't need to get out of this business.

You are not the first one to make those types of mistakes and you will not be the last.

I been at this RE-thing for approx. 10 years and I have made some mistakes (I still do to this day)  and learned that there are solutions to all mistakes. I have numerous  rentals  in low income places and make a ton of money but I am also an expert at evictions. ( I do my own evictions)  Get online and read everything you can about evictions in that state  I am betting that you will have to send a certified letter to start the process.  What ever the process is you must take action and get it  going. Once the process start you don't need to have conversations with your tenant and if she start screaming hang up on her  immediately. Remember, you are in a business and deserve to be treated with respect but you will never get it unless you demand it.

Good luck

 Thank you !

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1
Originally posted by @Charles Davis:

That's really uncalled for i came here for help .........

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

I've been working and saving up . 

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

Thank you guys . I mean this lady is just crazy scream at me when i call for rent . 

Post: Worst Tenant ever need advice

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

Hello guys , 

I have a huge problem ( i mean huge) . Long story short ( Very long story ) i brought a home in Cleveland for 13K 2 family my first property . When i brought the home it was full with people living up and down stairs Rented both generating $1100 in rent combined . Soon as  the property is purchased both tenants leave . Wow ! now i come to Cleveland to see what's going on come to the home there gone and now i have to paint the upper stairs and put in new carpet . The problem i had was i didn't have the funds at the time to do the repairs . I knew a contractor before i bought the home that i mean at a reo property . So i tell him what had happen and then he tells me that he would help me do the repairs and i'll pay him one i get it rented . I thought it was a good idea at the time . So tell him i'll get a tenant just do the repairs . I leave to go back to new york were i work and live . i left the keys to the home with him (i know i know ) . he calls me 2 weeks later and tells me to speak with my tenant . I'm shocked!!!!!!!!!!! she yells at me over the phone about repairs and i never meet this woman a day in my life .  She pays the contractor $1100.00 first months rent and deposit . He moves the woman in to the first floor unit with out telling me . she puts him back on the phone i say why did you do that . he tells me well i gotta get paid . He told me before that it would only cost $400 dollars to do the work But over the phone he tells me that it cost $1300 i tell him that's not what we agreed upon . He stops answering my calls i go to cleveland and all he did was paint 2 rooms and remove clothes from the attic . Fast forward now the woman says she wants to stay and pay rent . i said ok ( bad idea ) The woman has been in the home 3 months and only paid me $100 dollars . Now i'm trying to figure out who to get her out i don't have a lease with her and she won't leave . i really bad she's using up so much water it's unreal . 

Post: Turning 21, with 12k.

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

I really think it's gonna come down to what you know and how bad do you really want it . I think you should look at other markets outside of New York . Were your money will have more value honestly . New York is so over priced and cost of living is so high most people in New York are getting some kind of rent assistance. I lived here all my life it isn't a place for little fish (I'm a little fish) . 

Post: i'm in need of a property Manager In Cleveland OH

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

Hey guys i just got my first property in Cleveland . I need a lil help getting this going . I'm looking for a property manager to oversee my rental property . If anyone knows a property manager or is a property manager please email me @[email protected] thank you 

Post: Hey guys I just wanted to run my idea pass you guys .....

Charles DavisPosted
  • First Time LandLord Bronx, NY
  • Posts 31
  • Votes 1

I'm planning on buy a rentals property . I have a low paying job and i think it will be herd to get a loan so i came up with this plan instead . I want to buy my first property cash (That i saved up) and then take a equity loan on the home ager it's been rented and buy another home . i wanted to know what you guys thought about that .