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All Forum Posts by: Kyle M.

Kyle M. has started 8 posts and replied 43 times.

Post: Towing tenant’s vehicles?

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

@Jim K. The property is in PA in a borough about 30 minute drive from Easton. The purpose of this discussion, which I’m sure is why most people comment here is to gather information from other more experienced folks if they have gone through something similar. I am not going to cite the discussion to a magistrate in court- not sure how that would work out.

To your other point I have verbally warned them but they didn’t seem to care and kept doing the same things that’s why I had to issue the notice to quit in writing so if it escalates to something larger I can show I did it in writing and they can’t claim “he never told me verbally.” He has been a tenant for over a year so violations of lease (other than non payment) comes with 30 days to remedy the violation or vacate. Additionally he was on a month to month lease he signed with the prior landlord. I have created my own lease with my terms because I am the new owner and told him he may have the option to sign that new lease contract if he wishes to stay after I inspect his unit and have everyone over 18 years old listed as a tenant on my lease. Then he stopped responding and keeps parking more cars there and has the illegal sublet/unauthorized person still living there.

Post: Towing tenant’s vehicles?

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

Thanks everyone. Tagging some of you bigger/more experienced PA guys for any insight here. I will call the borough where my property is located tomorrow to see if there is anything specific I need to comply with for them.... From what I gathered for the state of PA since it is small residential I don't need to post signage but that was just some random google searching. @Jim K. @Marc Winter @Matt M. @Salvatore Lentini 

Post: The Struggle is Real, but God is Good!

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

@Cale Delaney great story Cale. I too bought a similar building this year (triplex) and am going through it getting it rehabbed and occupied in addition to dealing with a problem tenant that came over with the property. My short term goal is also to replace w2 income with RE cashflow!

Post: Towing Problem Tenants

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

I have a problem at my 3 unit multifamily property here in Pennsylvania. I am at the tail end of a lot of renovations on the property and moving in new tenants to some units. When I purchased the property I only inherited one set of tenants from prior landlord (the problem tenants). There are 2 main problems- first, the guy is either subletting to somebody or just randomly moved another adult in (that is not on the lease). Second, that person is parking her car (with a broken window that has a bag taped over it) in my parking lot and the family is taking up more than their allotted parking spots per their lease. Now that I am moving new tenants in, this is a larger problem as there is limited parking space and these people do not listen. 

Do I need to have towing signs posted on a small residential property like this to tow their extra cars? Can I just tow the woman's car since she is not even listed on the lease? I recently sent them in writing a notice to quit or vacate in 30 days for the 2 main violations- parking and illegal subletting and I have also terminated his month to month lease that he came over with from the old landlord. 

Post: Deny or accecpt application?

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

@Mel Hayes sounds fine to me so long as there were no other issues you saw on their background check (prior evictions/criminal history). Just ensure you list both people as tenants on the lease and state that they are jointly and severally liable for all rent, money, damages, fees, etc. due to the landlord. I would also verify their income they are claiming by obtaining and reviewing their pay statements.

Post: Towing tenant’s vehicles?

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

I have a 3 unit property that was being rehabbed and is ready to be stabilized (filled to full occupancy). I have one current set of tenants (whom I inherited from prior landlord- what a gift) that parks more cars in the parking lot than they are allowed per their lease. They also are illegally subletting or have just moved in a random person (over 18) whom is not listed on the lease. Am I allowed to tow the unlisted person’s car because they are not on the lease? Additionally can I tow them anyways because they are parking more than their allotted cars in the lot? This is an issue because as I move in the new tenants they will need those spots and I don’t want the good tenants I have screened to have to deal with these people.

This tenant has occupied the property for over 1 year so I sent them a notice to quit or vacate (within 30 days) for their violations- parking too many vehicles and subletting/unauthorized persons on October 31. I also sent them a 30 day notice of termination of their month to month lease that came over from the old landlord. Do I need to post towing signs on the property or can I just tow for the reasons stated above? Any advice or insight would be appreciated.

Post: How to control heat in triplex only 1 gas furnace

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

I have a triplex that has one natural gas furnace that heats the entire building. I believe there is only one thermostat to control it and it is located in one of the units. What can I do to control the heat? Can I disable that and install some form of electric/WiFi or Bluetooth thermostat for the furnace that I can control?

I just purchased a 3 unit multifamily property with approximately 30 custom size windows. The property currently has no window dressings. What is the cheapest option I can buy for window dressings? 

Post: I have access to $500k cash, should I put $50k down on 10 SFRs?

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

@Evan Evans I would not spend $550k on a SFR that only rents for $2.5-3k per month.

I can’t see how that would ever cash flow but maybe I’m missing something...

Post: Zoning Problem Stalling Deal - Please Help

Kyle M.Posted
  • Investor
  • Easton, PA
  • Posts 46
  • Votes 17

Hello everyone,

There is an occupied 3 unit building I am interested in purchasing with the caveat it can be converted to 4 and leased to 4 separate tenants. I have looked at the property with my GC and he mentioned from a renovation standpoint it is simple. What is an issue is zoning. The town where it is located is strict with zoning and they are claiming we need 2 off street parking spots for every additional 1 unit created. The issue is there is no place to create 2 off street parking spots on the property. 

Is there any way that I can convert into 4 separate units but not have the property zoned and deeded as 4? Can I leave the property as a 3 unit and sublease that newly renovated section to a tenant off of the 3rd unit? Or make some sort of addendum to the 3rd unit’s lease that states XYZ tenant will live in the newly renovated section? I have contacted a few local attorneys regarding this issue and am waiting to hear back.

Thanks in advance.