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All Forum Posts by: Michael Filppu

Michael Filppu has started 1 posts and replied 4 times.

Post: Problem tenants on a month to month lease

Michael FilppuPosted
  • New to Real Estate
  • Evansville, IN
  • Posts 4
  • Votes 0

Let me try to answer all of your questions. First off, yes, I have received a lot of great advice and I am grateful for it. Most of the tenants’ bad behavior I can blame on myself and the previous owner. While I was fixing up the first side of the duplex, I tried unsuccessfully to get them to be off the property smokers. I let some of their other behavior slide because their side paid for the entire mortgage while I did renovations. Since a family has moved into the renovated side, they complain consistently of the smell of cigarette smoke. The place needed major renovations since before I purchased it. It had a leaking roof, an old coal-fed furnace, and a host of other problems. I thought I would have time to save up for some of these repairs, but now it looks like everything is happening at once (with the other repairs, the furnace and roof have already been finished). With the smokers out, I can make the place entirely updated, and make a lot more in cash flow every month. The contractor is not telling me anything I didn’t already know, I had just hoped it would have been a little later. 
I hope this added a little bit of context and answered some questions. I am grateful for everyone’s responses. Thank you. 

Post: Problem tenants on a month to month lease

Michael FilppuPosted
  • New to Real Estate
  • Evansville, IN
  • Posts 4
  • Votes 0

I attempted the very thing you are suggesting. They have not opened the door for me.

Thank you for your reply. 

Post: Problem tenants on a month to month lease

Michael FilppuPosted
  • New to Real Estate
  • Evansville, IN
  • Posts 4
  • Votes 0

I purchased a duplex a year ago with inherited tenants. One moved out immediately, and I took that opportunity to fix up that side of the duplex. Now it is fabulous and rented. The tenants in the second side smoke indoors, continuously pay rent a little late, and a contractor is telling me their side is not safe to live in. I sent a certified letter giving them 30 days to move out. They are not receiving the notice that I will not be renewing their lease. What are my options at this point? They say they are willing to meet up and talk about it. I’m willing to offer cash for keys. What can I do if they will not receive the notice?

Post: Buying in Evansville Indiana

Michael FilppuPosted
  • New to Real Estate
  • Evansville, IN
  • Posts 4
  • Votes 0

I currently live in Colorado Springs and my family and I are moving to the Evansville area next week. We will be looking for a house, but then a rental property we can BRRRR.

There are a lot of moving parts to my current situation (selling the house in Colorado Springs, buying the new place, then working with the cash we have left to invest), but I am excited to start making connections.