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All Forum Posts by: Kate Stoltzfus

Kate Stoltzfus has started 6 posts and replied 8 times.

Post: Neighbors tree looming over our property

Kate StoltzfusPosted
  • Pittsburgh, PA
  • Posts 8
  • Votes 1

There is a very large, old, looming tree that is in a neighbor's yard that is leaning over one of our properties. We purchased the house at a great discount because another tree had fallen in the backyard and totally demolished a shed. We have had the original tree and shed removed.

Now we are worried that this second tree is going to do the same thing. The kicker is that the owner of the property where the tree is located is absentee and his house is inhabitable. What are the laws if we cannot get ahold of him and we still want to remove the tree? Anyone been through a scenario like this before?

Thanks in advance for your help.

Thank you so much for all your replies! This is incredibly helpful. We're waiting to hear back from them to see just how interested they are. I feel much more informed now. Thanks for your help! 

We have a rental house in Pittsburgh that we've been thinking about selling, and we just got an email from our tenants that they would like to open the discussion about buying the place. 

If we did come to some sort of an agreement, I know that we do not need a realtor, but I'm not sure what we DO need. When do we involve a lawyer? Just for closings? Do you use a lawyer to help negotiate as well? 

I'm also not sure of strategies to use to help us decide on price. We do not have an asking price ... should we put that ball in their court to make an offer first? Do we hire an appraiser or do we ask the tenants to do that? 

If you have been through a similar experience I'd love to hear from you ... especially if there is anything you wished you would have known before going through the process. 

We purchased the house 10 years ago in an area that has recently been more in demand. Similar properties are going for much higher prices than we had ever dreamed we would see. We don't want to short-change the sale, but we also don't want to hold out for top dollar because selling to the tenants will save us a bunch of steps and time. (Not to mention stress ... our relationship has been kind of a rocky one and it would be a relief to no longer be their landlord.)

Looking forward to your thoughts. Thanks in advance! 

Post: Windows suggestions for an old 1910 House

Kate StoltzfusPosted
  • Pittsburgh, PA
  • Posts 8
  • Votes 1

Every window company I've found uses vinyl windows ... is that all the options are these day? I'd like something a little higher quality that at least looks like it might have looked back in 1910. I'm sure it exists, but I just don't know the words to search for or who to ask about it. 

I'm based in Pittsburgh and would welcome your ideas and referrals.

Wow can't thank everyone enough for your thoughtful posts and advice. Obviously we have learned so much through this experience. I'll update this thread once we have come to a resolution so that if anyone happens to find this thread in the future they will at least have another story to refer to. 

The good news that I forgot to mention above, is that we negotiated three months rent up front, so no matter what, we have 1/4 of the year accounted for. It just leaves us at a hard time of the year to rent the place. I think what we are going to try to negotiate is 60 days notice and go from there. 

We haven't heard back from them after we planted the seed to negotiate a lease break 5 days ago. Fingers crossed. 

Again, thank you for your advice and guidance. This is our third full time tenant ever so we obviously have much to learn. Our other two units are short term Airbnbs. One plus there is when we get difficult guests (which is not often) we at least get to say goodbye after a few days! 

Our lease does not have a clause in it for when a tenant would want to break the lease early. I don't know how this slipped through the cracks. Has anyone been in this situation before? 

The background story. We rent a 3 bedroom 1.5 bath house that we originally lived in our early twenties. We moved out after purchasing our next property, and rented it out to our first tenant who lived there for 5 years and loved it. 

He moved out last month, and we re-rented it right aways with no gaps. In the 5 days we had between tenants, we repainted the whole thing, made a ton of fixes, cleaned, and presented it to them totally cleared out. They toured the place twice before moving in and appeared happy. They asked for an exterminator, for sink drain traps to be cleaned, and for all outdoor items to be power-washed. We did all of the above. 

It has been almost one month and they are not happy and say it is dirty and that they have to kill spiders. The bathrooms are original and do not have vents to the outdoors and this is extremely bothersome to them. They complain that it is warmer in the upstairs than it is downstairs. (It has central a/c.) They have also complained about their dogs paws getting muddy in the backyard. 

At this point, we feel they are expecting everything to feel brand new (their previous apartment was in a brand new complex) and it just won't feel that way in a house that was built in the 1960's. We feel it is a bad match and would rather them move out than for us to have a miserable year. 

Any insights are welcome. I know it is our fault for not having an early cancellation clause in the lease. It's also apparent we need to improve our tenant interview process. The tricky thing, these are people who were newish friends so that makes it complicated. We want to end things amicably and as easily as possible. 

We had a happy tenant for so long we assumed everyone would love this house. Lesson learned. 

Post: Need insurance referrals for home reno project in Pittsburgh

Kate StoltzfusPosted
  • Pittsburgh, PA
  • Posts 8
  • Votes 1

My husband and I recently purchased a fixer-upper and have been having trouble finding an insurance company to work with us since we are not yet living on the property. We expect to finish the work within the next 9-12 months. We are motivated to get this project done because we are the ones that are going to live there and we want to get out of our current unit so we can rent it.

I would love referrals to insurance companies who work with large projects such as this one. 

Thanks! 

Kate

Post: Hello from Pittsburgh!

Kate StoltzfusPosted
  • Pittsburgh, PA
  • Posts 8
  • Votes 1

Hi there! 

My name is Kate and I'm a BiggerPockets newbie. My husband and are just starting out. We own one rental property and a multi-unit mixed use commercial building where we live and run two airbnb units. We also have office space on the first floor. 

We recently on an auction sale of a very old house that has tons of character but needs a complete gut job. We are in the midst of looking at financing options for the renovations. It has been a bit of a challenge as my husband and I are both entrepreneurs and our income is not a traditional salary and the banks don't seem to love that. :) 

It has been a fun adventure but we still have so many dreams. My main goal for joining this community is simply to learn and become a savvy investor, and to offer to help whenever I can! 

We have been doing Airbnb for 3 years now if anyone is looking to learn more about short term rentals I'd be happy to chat. 

Looking forward to learning to know more from you pros! You inspire me. 

Cheers to an abundant 2016, 

Kate