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All Forum Posts by: Chuy Gonzalez

Chuy Gonzalez has started 9 posts and replied 311 times.

Post: Tenants with high student loan debt

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

When can they move in?

Post: Repairs - Are you always present as a Landlord?

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

I've only been present when a tradesman comes over to do something in a unit that is empty, being prepared for rent. I've never considered being there when a tenant is in there, why?

Post: Would you rent to someone who had a past eviction?

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Nah...if it was an eviction from 1999, probably, but 2015? NAH

Post: Coin Laundry - looking for company

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

W.A.S.H.

Post: New fourplex owner questions (utilities, rent, etc...)

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Hey good luck with everything man.

My $0.02...The water issue is one all of us fret over, but you're probably just gonna end up biting the bullet. In my area, I was able to get new tenants to pay for their own trash...so that helped a little. I also went around my property and got rid of the water bibs. I have drought resistant landscaping, so I don't really wanna be paying for water balloon fights. I use a PM that gauges rents on a yearly basis, and increases every so often. I got really great tenants now, so temper your desire to maximize against the reliablity of great tenants.

Post: Key Factors When Setting Rents

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Craigslist all day.

Post: Section 8 - no rent payments

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Get in touch with the housing authority directly. My gut feeling is your PM is lazy.

Post: Need help vacating a couple in California

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Abel: I used http://www.fastevictionservice.com last time. They are in San Berdoo, but they did my case in Long Beach...I have no complaints about their service. I've used other lawyers in the past (but I forget their names), all of them have been good, and worth the money I spent on them. 

Post: Biggest Mistake You've Made on a Multi-Family....

Chuy GonzalezPosted
  • Investor
  • Long Beach, CA
  • Posts 313
  • Votes 190

Not acting soon enough when I had bad tenants and a bad management company. I had a crappy management company that was getting me crappy tenants. The turnover was driving me into the poor house. You have to realize you can NOT teach your tenants or your management company to be good. As soon as your tenants shows you they are bad - CUT. As soon as your management company shows you they are bad -CUT...don't wait...they wont get better if you plead with them, politely discuss the issues, or angrily discuss the issues. Just get rid of them. It's been almost 3 years since I switched management companies and got better tenants, and I am glad to have my weekends back.

Damn...I think I could hold on a year or two, If I was making improvements that I knew would improve the business...but 10 years??? What are you doing?