All Forum Posts by: Meena Balaji

Hi All,

I'm a passive investor . I came across a SFH which is currently leased to the operator of a senior care facility, which operates a four-bed licensed facility in CA.

I'm new to this space and would like to understand my liabilities as an investor

Thanks in advance everyone!

Hi BPers,

I have come across a SFH in a good neighborhood which is presently leased to a senior care operator.

What are the pros and cons of buying such a property.

Thanks,

Meena

@Account Closed

@David Dachtera 

Thanks to all of you for the great information and sharing your experiences. The property is in a very well maintained upscale locality in Bay Area.  We lived in that property for 5 years with no issues. My previous tenant maintained it well and no issues with them either. The new tenants moved in just 5 months ago. They seem to be trashing the place already :(

We have signed up a pest control company and taking the necessary steps to clean out the mess. We are informed the PM to let them know that any future infesting removal cost will be on them

Also you are right if they don't clean up their act, we need to provide adequate notice and move them out. The property is in a highly rent-able area so finding another tenant will not be a big issue

Thanks again

@James Qiu , @Lee L. and @Deanna McCormick for all the great info

Thanks Nick

Hi All,

Looking for advice. We have a rental property which is infested with german roaches because the tenants are unclean. My property manager visited and sprayed the place but it was not effective. He saw food all around the house and general condition was filthy.

Now we are planning to get a pest control company to take immediate action but is there a way to penalize the tenants for failing to upkeep the property

Thanks,

Meena

Sounds interesting..at what tie frame would the city be looking for investors 

Thanks for your inputs 

@Ryan Scott Isacksen and @Ken Teng

@Max Gradowitz-Thanks for the details. Anyone one else thoughts on Fresno or Bakersfield.

Thanks in advance for your time