All Forum Posts by: Keith A.

I know I'm not going to make any friends with this post... but my dear fellow investors.. do you have any idea how intrusive it is to not only get constant texts, phone calls, emails, letters (not as friends but from owner info taken from tax rolls), and now that investors are so desperate I have people calling and texting my PARENTS to see if I will sell my Texas properties. In the past 3 months I have had tenants contact me that people are knocking on the doors to talk to the owner. Seriously. This method must be working for some people, i get it. But if you get a hearty "FU" response then it's because our industry is at the point of disrupting people's daily lives, which is not cool. 
Yes, my properties have "no soliciting" signs on the front doors. Do not call list, blocking numbers, emails, etc does no good. 

Gabe that is great info for sure. And that is a lot of people under one roof. So much to consider... 

Theresa I don't think so, its the size of a 2 car garage and isn't close to the sewer line. 

Input please! I have a 2500 sq ft 3 bed 2 bath 2 living 1 dining and one bonus room rental. I'm having the slab in the bonus room demolished and re-poured in a few weeks cuz it was botched job back in the 1960's. This room was once a 2 car garage but was completely enclosed at some point, windows were added, closets, and doors to the outside and central air piped in. It's always advertised as a bonus shop room/mancave or craft room whenever I've rented it out. My mind has been spinning with ideas lately since I'm having the foundation re-poured, what else can i do to this room to maximize it's income potential. It's the kind of room you would expect to see a pool table in. I've thought about beautifying it into a 4th bedroom. Thought about converting it into a small efficiency, but there is no plumbing in that room. Anyone have any experience with an odd, extra room in a rental? Past tenants have used it for storage of art supplies, or to keep reptiles and whiffle board table. 
Thoughts on maximizing its potential? 

The problem isn't the perception of landlords (especially in places like Texas), it's who controls laws in an area or the country. This new administration loves giving away free stuff for votes, so let the sh*t show begin. 

keep in mind... that if you accepted SOME of the money that was late, as in a partial payment and you try to evict, a judge can rule that the eviction can not move forward because you broke from the lease by accepting a partial month. Stick to the lease. All that is delinquent, including fees is due at once. If you take $100 because that is all they have, your probably going to get your eviction thrown out if you file one. 

with unemployment benefits and stimulus checks, why would they not be able to pay rent? 

if your state is like TX, there is a standard lease that realtors use (and available online) which you can replicate the pet clauses from. I have on many occasions taken money out of the standard security deposit for pet damages (the pet deposit does NOT cover damages, just accounts for pet wear and tear). 

I've received 100%. One person relied on Trump's check to come in the mail which helped him, and has since been called back to his job. 

I also have no friends that have been unable to make mortgage or rent payments.

It's as if sometimes the news we read is not accurate.