All Forum Posts by: Matthew Lindsey

Thanks @Bjorn Ahlblad and @Greg H.

@Trent B Paul- Thank you as well. Yes, I can see a lot of negatives about the situation as well. I have to be careful as to how I handle the situation as to not lose the deal(there are backup offers). It was a deal good enough as to where I didn't mind acquiring the tenant since they were already served the 60 day notice. The sellers are not familiar at all with being landlords. I'm not sure what made them up and decide to file an eviction on this tenant at the last minute. I assume they were afraid they were going to have to pay his pro-rated rent for the month at closing. I'm hoping we can just extend the closing until after the unit is vacant, which they believe it will be soon. Can this be done with a simple amendment? Also, do you know if the sellers have to accept payment if they are more than one month late, or can they have the tenant removed?   

Hi,

I know this is not ideal at all but if the sellers of a property with a tenant in place has filed an eviction on the tenant within a couple days of closing on a property does the eviction stay in place, or is it null and void once the closing takes place? Eviction for non payment of rent.

I’m supposed to close on a property this week and the sellers just decided to file an eviction on the tenant. The tenant had already been given the 60 day notice to vacate then the sellers just decided to file the eviction on Friday. I know the ideal thing is to acquire the property vacant but that wasn’t an option here if I wanted to buy the property. I’m just trying to see if eviction stays in place and is still legal after closing if I amended the contract to state the sellers must follow through with it. Also I haven’t had to evict anyone yet but do the owners have the option to not accept rent payment from the tenant since they are late in order to have them removed, or do they have to accept rent and keep tenant in for 60 days?

Thanks,

Matt

@Patti Robertson- Thank you for your reply. I could possibly tie at least 1 of those 2 bedrooms to a bathroom. If there is no hallway to that bedroom but say that bedroom has access through a bathroom door and a door in another bedroom would that pass as an additional bedroom then (it has a closet by the way)? So that one particular bedroom would have 2 doors one that enters another bedroom and one door that enters a bathroom, which there would be an exit from the bathroom to a hallway.

Also- Another thought (might be even more weird), but if I was to just install doors that exit to the exterior on both of those bedrooms would that work as well? 

@Bob Stevens- Yeah thanks, you mentioned that already. 

@Eliott Elias - yes I’m aware of the section 8 inspection, just not homes/Br’s would qualify for section 8.

@Bob Stevens- I’m closing either way, if I try section 8 or not. As far as using a PM, not many just willing to teach you even using them as a PM(job security). Got to start somewhere and sometime to learn. I have other rentals just never tried Sec 8. Which is why I come here to ask questions. How could you make it pass and not anyone else? 

Does anyone know if a home that has 4Br’s but 2Br’s are accessed through the other BR’s (So no hallway to access all 4Br’s) would qualify for section 8? I have heard some houses wouldn’t qualify for Section 8 but I’m not sure which those are? I’m not talking housing that wouldn’t qualify because of the inspection issues. If you know of which type of homes wouldn’t qualify I’d love to know about them.

Thanks,

Matt

 I feel as though this will make me lose the deal. That will extend the closing to at least 60 days and it’s believed the seller is wanting to close quick.

I'm offering on a property (SFH) that has a tenant on a verbal lease. I will need them to vacate in order to renovate and repair the home. Will getting the owner/landlord to give the tenant a notice to vacate form suffice instead of have them make the tenant sign a lease for a month then have to give them the notice to vacate form? I plan to have the owner make them fill out a estoppel already.

Thanks

@Nathan Gesner

Thank you for the reply. I appreciate your insight. 

@Henry T. and @Richard F.

I appreciate both of y’all’s input. Thank you for answering my question. 

Hi,

I have given my tenants the EPA Lead Paint Pamphlet and have had them sign the Lead Paint Disclosures previously. My question is when renewing a term lease for the same tenant, is it necessary to give them another pamphlet and make them sign another disclosure or will the one they previously signed the year before suffice? I keep records and still have the ones they signed before but I was curious to know how important it is to have them sign another one?

Thanks,

Matt