Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Lucy Balyan

Lucy Balyan has started 7 posts and replied 60 times.

Post: Who pays for damages on Section 8?

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15
Quote from @Juan Espinosa:

I have 2 properties that are currently rented by section 8 tenants, like Brian said, the key is keeping on top of things that may result in bigger problems in the future.

I have rented to section 8 for years without any issues. You just have to screen everyone the same whether you accept section 8 or not. I have found that most section 8 tenants, want to leave on good terms, since their address history follows them around. If they screw over their landlords, they jeopardize being on the Section 8 program. I don't necessarily agree that they all don't have money, they do pay a portion of the rent and section 8 covers the rest. With all properties, you will get good tenants and bad tenants.


 I will never ever again rent to section 8, not if landlord has to eat cost for eviction, legal fees and damages; not fair! THIS IS WHY PEOPLE DON'T LIKE SECTION 8; SHE WAS PAYING $200 AND SECTION 8 PAID $900 BUT ONLY FOR A YEAR; THEN SECTION 8 PAID 100% UNTIL NOW (4 YEARS); THAT'S NOT GOOD!

Post: Who pays for damages on Section 8?

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15
Quote from @Troy Sheets:
That's how it worked in NJ when I had Sec 8 rentals, tenant was responsible for damages but they're judgment proof. You have to suck it up, make the repairs and get it rerented on your dime.

 What do you mean section 8 is  "judgement proof"? you can't take them to court and ask for damages? who's going to pay for damages caused by section 8 tenant? it's not fair to rent to section 8 tenants and landlord gets stuck paying for eviction and damages.

Post: Regrade land or Build a Retaining Wall to stop dirt from house

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

Hi, I already had a retaining wall put in for a 2 ft tall retaining wall for $500, 8 ft by 2 ft  and the landscaper guy removed most of the extra dirt that was laying around near the backdoor.  I think how that much dirt in the backyard came from excavating/leveling the home for new piers and beams last year. Instead of removing the dirt, they planted it around the backyard. Lazy people!

Post: ATTIC FAN, SOLAR VS ROOFTOP POWER

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

Hi, I need to put an attic fan in my home since A/C working too hard to cool the house. House is 1920 built but 2016 rehabbed; Never had insulation or attic fan. WHICH IS BETTER?

I know solar fan is expensive but maybe worth it in the long run and I don't have to replace it in case electric powered fans become banned (it is in GA). 

Solar fan:

PRO: doesn't run on electricity, no rodents, no moisture, fresh air 

CON: expensive $599 (covers up to 1200 sq ft) to $899 (covers up to 1600 sq ft) installed

Rooftop fan:

PRO: cheaper

CON: requires power and thermostat setting/can increase utility bills

Post: Regrade land or Build a Retaining Wall to stop dirt from house

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

The 2 feet upward slope (which is 2 ft away from back of house & backdoor) is causing the water/mud from backyard to come toward the house; I have a french drain that's suppose to drain water but not the mud. Now the mud has covered up right against the door and over the rocks covering the drain.

see a pic here; this was before the mud covering up the rocks and tiles against the backdoor.

Post: Regrade land or Build a Retaining Wall to stop dirt from house

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

I have a home with a 1 to 2 foot slope from back of house to remaining land in the backyard which is . which is cheaper to do? I need your input

should I build a 10ft (length) retaining wall or should I regrade entire 5000 sq ft backyard? 

Post: Share Your Success! Pics, Flips, and $$$

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

Hi All,

here is mine before and afters

initial project: $40K

spent 15% over for unforeseen or required items

took 3 months and I have been renting it since

Post: First flip, san antonio, foundation issue- need help

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

backside of home, 7500 sq ft land, 1063 for home.

Post: First flip, san antonio, foundation issue- need help

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

Here are more photos:

Post: First flip, san antonio, foundation issue- need help

Lucy BalyanPosted
  • Investor
  • San Ramon, CA
  • Posts 61
  • Votes 15

Hello Everyone,

Sorry been busy since rehab was done back in August 2016; 

Took 3 months and $45K due to rotted beams for 3 rooms, new wall from bathroom to kitchen backdoor, french drain, and a bit of floorplan change (removal of door and stairs from 3rd room and connecting from living room to 3rd bedroom vs master to 3rd room).

Here are some photos. I decided to rent it and since the area is being developed by a big developer, Efrain Vargas, I wanted to hang on to it for a while to see if values go up a bit.