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All Forum Posts by: Jim K.

Jim K. has started 77 posts and replied 5317 times.

Post: Satanic Rituals In This House!

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781
Quote from @Jay Hinrichs:
Quote from @JD Martin:
Quote from @Jay Hinrichs:
Quote from @JD Martin:

Shoot, that's nothing. You should see some of the houses I've rehabbed or walked.


ya thats maybe a 5 on a scale of 6.. the really bad ones you need a resperator to go into them.. and people worry about a little dab of mold these folks live in a petri dish.

I had a call this morning from a Homicide detective as suspected murder was holed up in one of our houses.. I beg them not to beat the **** out of the house.. they could do whatever they want to the suspect preferably send in a Canine unit

 Yeah, go into a house that's had someone decomposing in it for a few weeks and you find out what real putrid smells are! I once bought a house that was so terrible of cat piss that you virtually couldn't go in without a respirator and I thought I'd have to tear out the subfloors to fix. When my hardwood guys started sanding the smell was unbelievable, but we actually were able to seal the floors and get rid of the smell. 


we have all had the cat piss house.. UGH.. I had one were we did not get to it for a while 6 months or so it was just boarded up.. when i went to sell it wholesalers were going through it said it smelled bad.. one of them finally went down to the basement and found a corpse that had been for quite a while. scared the heck out of him.. WE figured homeless or someone Od.. called the cops they hauled the body out and that was the end of that.

Bottom line some people in America live in such filth its unimaginable to most folks.

U do this long enough you will see it all..

 LOL, you're just a dream-killer with these Debbie-Downer corpse stories, Jay!

Post: Satanic Rituals In This House!

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781
Quote from @Joe S.:

Maybe there’s something satanic you know about that you didn’t share. According to the pictures it looks like extra trashy place. Trash cleans you know. 

You give me rockstar deal we will clean the house out and even if there were satanic activities going on, we will pray for that house and dedicated it to Jesus.

"Pecunia non olet"

Post: Satanic Rituals In This House!

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

@Corey Goldstein 

Aw, come on. Where are the protection pentacles? The summoning ring? The cages for the sacrifices? The blood spatter on the walls and floor? Satanic, my foot.

This just looks like the result of run-of-the-mill substance abuse and mental illness issues.

Post: STR soap and toilet paper

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

One of the few times when I feel I have to disagree with @JD Martin.

Older, heavier people with incontinence issues like elongated toilet bowls and good toilet paper. I suspect that I get substantially more multigeneration reunion-type bookings than most people in my Airbnb. This WAS commented on (thankfully privately) when I stocked Aldi toilet paper. I now stock Charmin UltraStrong.

Nothing wrong with bulk toilet paper per se. But single economy rolls from Aldi didn't cut it for us that one time.

Post: How do you screen an STR tenant ?

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

Am I missing something here? Airbnb offers $3M damage protection insurance (AirCover) if guests don't pay for the damages they cause, and $1M liability insurance if a guest gets hurt or their belongings are stolen.

That being said, I too do not allow instant booking or most last-minute long-term bookings out of nowhere. I suspect that weeds out a lot, but beyond that, I don't screen my Airbnb guests.

I've haven't had to take advantage of AirCover yet in six months of operating an Airbnb, so I'm honestly curious how this works.

Post: Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

Well, this is a wonderful thread.

All I can really contribute with enough experience to be absolutely sure of what I say: if you live on the coasts and your spreadsheet tells you your best passive returns over the long haul are going to be in the Rust Belt in cheap rentals, then your spreadsheet needs to be looked at by someone with a lot more experience in cheap Rust Belt rentals than you have.

My own take on the musings here of why everyone wants to quit their job these day and its possible connection to young people and their participation trophies, their possible work-ethic failings, moral turpitude, contemptible world outlook, lack of grit, et hoc genus omne...yeah, I know I don't know squat about all that.

Post: French Drain Install - Labor and Materials - am I getting ripped off

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781
Quote from @James Landsford:

I need to install an L-shape French drain that I would say needs to be around 3 feet or so deep. The total linear feet would be around 120’. I was quoted by a 2-man team around $350 for labor as it would take them around a day to finish if they pick up materials (I am paying for materials).

Is this a reasonable cost for this type of job?

This is a FANTASTIC price for a 120-foot 3-foot ditch in Pittsburgh. Almost certainly too good, even for pickup labor in the slow season. And the fact that these people are willing to fetch your materials from wherever makes the whole thing even more questionable. Is this going to be an exterior French drain? Because anyone quoting you this price for anything inside a basement with the need to haul the dirt elsewhere is clearly getting ready to rob you. But to dig the ditch, lay the canister assembly in gravel, and fill in the ditch for an exterior French drain? I'd take that price any day and I would assume they're using a small excavator.

Post: What Due Diligence Items Should I Consider?

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

Pursuant to what @Drew Sygit just said: the last building we bought, there was a tenant there who got in by misspelling his last name and never presenting any ID. So when the for-crap property manager ran the false name, no information on this prospective tenant came up. I noticed this upon buying the building, insisted on seeing ID, got the proper spelling of his name, and found four evictions. This was a relatively stupid professional tenant, thankfully, as the idiot has appeared under two different names in front of the local district magistrate over the years. I leveraged that to get him out.

Post: Section 8 - My Experience Two Years In

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

@Jamie O'Connell

I grew up in Horseheads. I can see how you're making it work your way in Elmira. I suspect in a more urban area, with a lot more entrenched and generational poverty, things would be a bit different. But good luck on the Chemung County Section 8 Express as long as you can ride it.

Post: Househack NY: The Astoria, Queens 2-family market in 2024

Jim K.#3 Investor Mindset ContributorPosted
  • Handyman
  • Pittsburgh, PA
  • Posts 5,466
  • Votes 13,781

If you watch the scene in The Exorcist where Father Damien Karras is with his mother, the radio is playing an advertisement in Greek for Astoria Park.

With an endorsement like that, who wouldn't want to live there?