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All Forum Posts by: Jesse Smith

Jesse Smith has started 26 posts and replied 86 times.

Post: Reducing Noise Between Floors in Old Building

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38
Originally posted by @Jon Reed:

Okay! In that case I would not cover up those pretty hardwood floors... those are probably a nice selling feature of your property and plus covering them would only make a very small difference.

If you want a once and for all solution I would get a few quotes on the cost of dropping your 1st floor ceiling height by 6-12 inches and installing a false ceiling. It should not be that expensive and should not take a contractor long to complete. You will just need to figure out what kind of drop ceiling you want to use.. You can actually use lumber and drywall to make a new ceiling... you can use some variant of acoustic tiles... could even use beadboard if you want something that looks more period correct.

However you decide to do it the winning pieces is having them install sound deadening insulation like QuietZone or Safe-n-Sound in the gap between your false ceiling and the original ceiling. If you use a 6"+ thick sound deadening insulation then your tenants will not have to worry about noise from above again.. and the false ceiling will not detract from the rentability of the units.

Win-Win! 

Thanks for the idea!  This seems like a pretty involved process.  Any idea what sort of cost I should expect for something like this?

Post: Reducing Noise Between Floors in Old Building

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38
Originally posted by @Jon Reed:

Does the apartment building have 10-12 foot ceilings? Most properties of that age do... so if you say yes... then I got some ideas for you!

Yes it does.  The ceilings are quite high.  Not certain on the exact level, but room for some ideas! 

Post: Reducing Noise Between Floors in Old Building

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

Commenting for visibility

Post: Reducing Noise Between Floors in Old Building

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

I own a 110yr old apartment building, with four symmetrical 2b/1ba units.  Two on the top floor and two on the bottom.

All units have beautiful, original hardwoods.  While lovely to look at, the floors do a terrible job dampening any sound from upstairs to down.  I've gotten complaints from my downstairs tenants that they can hear everything going on upstairs.

I've been reading about flooring options to deaden the noise transfer.  At this point, I'm planning to use an acoustic underlayment and install carpet in the bedrooms, at least.  

What products have you found to do the best job with this?  Any other ideas to reduce noise?  Wall treatments?

Post: Tenant Abandoned Unit - What Type of Lawsuit for Unpaid Rent?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

Thanks for all the replies so far.  I have reached out to the dad over the past couple weeks.  Turns out that the apple doesn't fall far from the tree.  After a week of promising to pay and apologizing for his sons actions, he has gone completely dark as well.  Won't answer calls or respond to texts.  He even told me that he had mailed a check nearly two weeks ago... Nothing.

To those of you saying that this is my fault, you are mostly correct.  This was the final tenant I placed, before I started screening much more tightly.  

I'm following the rules for notice of abandonment in Missouri, then I do plan to bring legal action.  It sounds like small claims and then a bank garnishment will be the best route.

Post: Tenant Abandoned Unit - What Type of Lawsuit for Unpaid Rent?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

The father is a dental equipment salesperson, and I have his home address for service of the suit.  I will plan to file, at least in small claims court.  If I get a judgement, I also have a rent check from the dad for a bank account garnishment.  I don't plan to just let this go away.

Post: Tenant Abandoned Unit - What Type of Lawsuit for Unpaid Rent?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

Thanks for the reply.  There's nothing from him in writing to indicate that he had planned to move out.  Just a phone call.  Without anything in writing, why couldn't I continue to charge rent until another tenant is placed?  Missouri law permits it.

Post: Tenant Abandoned Unit - What Type of Lawsuit for Unpaid Rent?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38

This is in Missouri.  One of my tenants stopped paying rent in October.  He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit.  His lease runs through February 2020, and I have a 2-month lease-break fee.  His father also co-signed the lease.

I have posted and mailed the required legal notice that the apartment is considered to be abandoned.  The 10-day waiting period will finish on Monday, so I want to get things rolling.  I already have a bid lined up to remove all of the property in the unit (nothing valuable - mostly worn out furniture).  I will also be taking plenty of pictures and changing out the locks.  I'm working on a listing to get the place filled after I remove the property and clean it out.  

At this point, he owes rent for October and November and has completely stopped responding to my requests for payment.  I understand that I'm allowed to continue to charge rent until a new tenant moves in, as long as I'm making a "good faith effort" to find a new tenant.  My questions is what kind of lawsuit do I need to file to recover the unpaid rent, late fees, and expenses for removal of his property?  Can I also go after the 2-month lease break fee?  This will likely exceed the $3,000 threshold for small claims.  

Thanks for any advice!

Post: Agent Struggles - Friends Using Other Agents - Advice?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38
Originally posted by @Matthew Irish-Jones:

@Jesse Smith don’t do business with friends unless they come to you and ask for help.

Soliciting business from friends and family is like the Kirby sales guy thing.

Not familiar with the Kirby reference.  Friends come to me and ask for all the same advice they should be getting from their agent... but I earn nothing.

Post: Agent Struggles - Friends Using Other Agents - Advice?

Jesse SmithPosted
  • Rental Property Investor
  • Kansas City, MO
  • Posts 86
  • Votes 38
Originally posted by @Mason DeJarnett:

Your issue is one if the reasons I haven’t got my license. Without my license I still get questions and help friends with real estate questions both for investment and home ownership. Be honored they respect your opinion enough to ask. The average person doesn’t “get it” and understand the mental tug of war you are playing. If I had my license, I would tread lightly- but push them back to their agent gently. Tell them you have too much respect for your “coworker” their agent and may not know all of the details.

I agree there is a perception to a full time agent- but if you are a full time real estate professional - I think that issue is not really one- they are asking you these questions for a reason.

Craig Groeschel says often “no one is sitting around looking for ways to make you money” or some variation of that- and it’s true. It’s your responsibility to get out and earn the work- not wait on them to come to you because they are your friend. Maybe they are family friends with the other agent, maybe the other agent helped them in a jam, or maybe the other agent asked for their business.. you can’t focus on that part.

I was a sales manager at a Toyota dealership for years and would get offended for the same reason until about three years in I quit taking it personal and put myself in their shoes.

Keep your head down, work hard, and it will come. There are plenty of bad agents that will make you look good if you are consistently doing the right thing.

Thanks for the response.  I love helping my friends, and I am going to continue to do it either way.  If the tables were turned, I would absolutely want my friend to earn a commission if I was already going to be buying a house.  By my math, if my 6 friends used me as their agent, I would have earned an extra $85,000 this year.  That's a lot of money left on the table.

They seem to know I'm proficient as an agent, or they wouldn't be asking me detailed questions through (and after) the process.  It's honestly really hard not to take it personally - wondering what I'm doing to make them think I wouldn't be the best option to help them through the process.  I mean, they're literally hiring (at least in two cases for sure) people they had never met.  If my friends won't trust me with this, I have trouble believing that anyone else would.  Someone else mentioned that maybe they didn't want to share financial or personal details... I've actually helped most of these folks set up their investment accounts, so I've seen all of their financial info.

The worst is when the agent they selected completely drops the ball on something, and I have to hear about it.  My tongue is raw from biting it, and my wife is simply tired of hearing about it... since she's really the only one I talk to about this.