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All Forum Posts by: Jerry Lundergard

Jerry Lundergard has started 8 posts and replied 38 times.

Post: How long are your propertys sitting vacant in SA?

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Hello everyone! Yes I got it rented. There was a 500$ nonrefundable deposit to hold it till end of this month. I know my house was under market and very clean with new everything so the 2.5 months to get it rented was not cool. I need to start vetting new pm companies for next year or for when ever these tennants move out. i appreciate everyones input. 

Post: How long are your propertys sitting vacant in SA?

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

I think ive gotten to the bottom of my problems. My house is very clean like i said with porcelain tile throughout downstairs and upstairs baths. Granite counters, ss appliances, new carpets and big with excellent schools. plus its definetely priced below market. i think my problem was that i have had 3applications and each time my property would be marked pending or taken off market. im not entirely sure which but i know it had some pending status. the first applicant they rejected but my property was not being shown and was not being followed up on in this pending status. The 2nd applicant basically came up with excuse after about a week. So that was almost 2weeks of pending or something status right there. On thi 3rd current applicant they want to accept him with a move in on the 27th april with a nonrefundable 500 deposit that will go to his rent if he moves in. I accepted that deal. I also insisted my property remain open with no status changes which the pm agreed to. My problem is i still havent got a signed doc or deposits yet and was still getting showings that i dont believe where followed up on by my pm. The pm uses central showing and never shows up to showings and did not follow up on previous showings. That was supposed to change after I contacted someone else in the pm company to check out what the problem was. So i am getting apps in pretty quikly with followed up showings but i know for certain each showing was not followed up on. My main problem is i really like the pm company but dont entirely trust my personally assigned pm to go out of their way to help me. Like answer calls after 5pm or on weekends, holidays etc...

Post: How long are your propertys sitting vacant in SA?

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

I am just out of town currently but i was living there and did all the reno. granite, porcelain tile floors, new paint carpet etc. its spotless and i hired and watched them clean it my self. The house rental comps 1600 to 1650. its pretty well spotless. 

Post: How long are your propertys sitting vacant in SA?

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Hello everybody! Thanks for the input. I have not explored the airbnb concept yet. The house is vacant and i am out of town. I have a large pm company managing the listing. i just got a recent cma and im definetely competitevely priced. its just scary to get up into the 60day range and certainly something i wasnt counting on. Thanks for any feedback

Post: How long are your propertys sitting vacant in SA?

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Mine is at 34days n counting and its pretty annoying. My rent is set at 1570$ for a 4/2.5 2700sf house in the NE with good schools. Initially i was getting good showings but now its dropped to nothing even after a price drop. Is the rental market here always this brutal or is it time of year?

Post: Looking for a good tile person in San Antonio

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Oh most definetely, he offered. I just wanted a quote on a tier 1 basic granite like santa cecelia rough guestimate sf cost. He wouldnt tell me what the sf cost was no matter what so i pretty much gave up. im not wasting time with in home measuring if i dont have rough guess of cost sf on granite. i felt it was a sale job that would 100% not be good price.

Post: Looking for a good tile person in San Antonio

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Wow, I called that Fox granite company and I felt like I was talking to hospital billing dept to get a quote on sf price of some basic granite, lol. In the end, he wouldnt tell me how much the granite cost sf without a big show n tell in the house so I declined. Thanks all for the heads up though, its always worth a try.

Post: Looking for a good tile person in San Antonio

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Looking for a good tile person. Also need a good place to get granite+installer. Thanks!

Post: 4.6 differential settelment on foundation

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

i got a sweet 2008 house that fits all criteria but has 4.6 differential settelment according to inspectors zip line reading. It was -3.2 in back left and + 1.2 back right. A engineer report is recomended for 550$ does that much diff setelment sound to you guys like 100% foundation work needs to get done? Exterior slab is clean but there is minor wall cracks inside and tile floor cracks. If seller  doesnt drop price would yall walk on the 4.6 diff setelment even if engineer said no work needed? Dint really want to spend 550$ on report if seller wont budge unless 4.6 is kinda normal in texas. Not sure how to proceed. Thanks

Post: Buy or pass on 1st VA purchase

Jerry LundergardPosted
  • Real Estate Investor
  • San Antonio, TX
  • Posts 40
  • Votes 12

Finally, I need to mention my monthly mortgage, tax, insurance would be ~ 1300$. That's with 0 down other than closing costs.