Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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: Mak K.

Mak K. has started 89 posts and replied 203 times.

I have a section8 which we decided not to renew. The problem with Section8 is eviction requires 30 day notice instead of 3 days. We did send the tenant 30 day eviction notice. Notice is for not carrying renters insurance. We found other two new violations (Not changing air filter causing AC to malfunction and we had to replace it) and (Not Maintaining yard).

Is it ok to update the lease violation notices and resend eviction? Will it trigger another 30 days from date I resend?

We want to go to court with as much ammunition we can go with. This is a tenant who thinks she can live free with section8 and not care.

Quote from @Larry Alexander:

IDK @Joseph Young, I may be blowing it but I'm going in a different direction. I've been keeping 20k in one account, 20K in another account, 10K and 5K. I'm now of the mindset to find online banks and open zero fees accounts with high yields. I'll keep just enough cash in my brick and mortar banks to make two months expenses and put all the rest into the online accounts with high interest savings. Think PNC bank or Ally bank, or Betterment - and now Charles Schwab! I'm keeping a couple free checking business accounts; I'm a self employed web developer so that has its account and then the property investing, the other account.

Yeah, fees suck and I had a great blowup with my local bank where they charged me 28 bucks because they couldn't get their deposit dates straight. C'mon man! I"ve  got 60k in their bank making them easy money and they wanted to fight over dates and 28 dollars. Well, now that excess cash is in PNC bank

What online banking do you use? I am thinking of using online banking with no minium but I keep hearing stories its customer service is nightmare?

Post: Accounting Software

Mak K.Posted
  • Posts 204
  • Votes 31
Quote from @Bryan L.:

In the past I used Quicken. I think it may be a cut-down version of QB, but I don't know for sure. Now I use Excel and nothing more. I don't have an LLC or partners, and Excel will do everything that I need. You may just need some pointers on Excel.


Do you have all rental income coming in one LLC acocunt? How do you have rental income deposited?

Quote from @Tom Gimer:

Based upon the tax certificate issued and relied upon at settlement, I would be requesting that the taxing authority abate the liens against the property and pursue the seller directly for the amounts now claimed to be owed.


 I called the taxing authority and they said NO. Per them it is standard practice to be aware that exemptions would be removed at certain point and back taxes will be charged. They said current owner is responsible even though they were for previous owner

Do I need an attorney to file the title insurance claim at this stage? or can you file it yourself.

Location: TEXAS

We closed a property where there was a deceased person few years back. Title company paid the taxes showing tax payment certificate cleared. But county came back removing the exemption (65y+ homestead) since the death few years back and now are charging all the previous 4-5 year taxes resulting in $10-12K (County, ISD, Mud taxes etc). Also taxes are due by July 1st to avoid penalties.

Ofcourse title company is playing the game they are not responsible. County tells me that it is common practice by title company to prorate back year taxes when a person is death as they know taxes will be back charged once exemptions are removed. Also now I see tax certificate issued was 3 weeks before our contract start date.  So they failed to recheck the records may be?

So, in this case, who is responsible for the back taxes? Is it Seller or Wholesaler (Assigner) or Title company. My understanding is reason we use title company/title insurance is to make sure buyer is not responsible for any previous liens, tax or legal issues before closing date.

I am trying to understand this at high level so I can have a path forward. Should I just go after title insurance or need a lawyer? 

Post: Section8 tenant- kicking out strategy

Mak K.Posted
  • Posts 204
  • Votes 31

I have a difficult tenant with section8 houston housing. She thinks it’s ok to stay for free and she deserves free housing, non paying her dues or any thing just because she does not have a job (on purpose) and does not have money ( has all money for fancy furniture and gadgets)

But anyways she has not paid her move in deposit ( paid partial) and has not carried renters insurance. She did not pay her first month due before housing kicked in.

we will be sending her non renewal of lease and good chance she will not move and she plays I do not have money to move out (coz her sibling stays nearby). hence we foresee eviction down the line.

what would be a good solid reason to do paperwork for eviction notice. In past judge always side with tenants on section8 no matter what.

So plan is

- non renewal notice 60 days

- send eviction 30 days notice at same time so we can file eviction if she does not move out on 60th day

- put renters insurance violation as reason rather than non payment of deposit as judges can always show sympathy for monetary issues?

- if we use rent payment as issues, in past judge  stated if we accept the money from housing, eviction notice is null and void? And we have to start process again. 

Please help me if anybody has experience with section8. It’s really difficult as lease rules like 3 day eviction do not apply to section8. This is abuse of tax payers to be honest.

Post: Smell in bathroom- cannot get rid

Mak K.Posted
  • Posts 204
  • Votes 31

I am working on a remodel project for a property which turn out to be a nasty house with poop infested. The people for some reason had water turned off and were doing the deed every where. In fact the toilet was stuff with baby diapers and poop never flushed.

anyways we got the house cleaned up and disinfected. The only place we are having issues is one of the bathrooms where we are not able to get rid of the smell. During cleanup the crew did spill over gray water but did cleaned it up and bleached it. The toilets are all removed and discarded. The smell is not for the pipe. 


This is second story and has tiles. We are not sure if water seeped in the tiles which does not look it would. 

Anybody with similar experience on how to get rid of the smell? It’s nasty but it is what it is…

Hi, For a rental,  I have kitchen counter tops which are laminate and bathsinks/counters and bathtubs etc are standard builder grade. What is the best way to refurnish/reglaze them?

Doing it first time. Does rustoleum countertop paint work on laminate kitchen counter tops? And what is your experience with Rustoelum Tub & Tiles?


Pls help me with right product selection. I am ok with expensive if ti gives me quality.

Quote from @Logan Hicks:

You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.


The key point is, put something vague into your leases, and use it. Remember, people dont get into a career to be belittled every day. People dont get into investments to lose money.

Try your best to not do, be, or become both.

FYI, my fav is "failure to adhere to the rules of the lease or lied on or during the application process" and inject clauses such as "any individual over more than (x number of days) is considered a tenant, and must apply or be added as an occupant".  Easiest in court to prove, and to defend if you have to. People often have their closest friends over to their place often, far more than say, 7 times a year. Easiest thing in the world to stick them with, and it holds well.

Notice how many of the major MFU Complexes have those stipulations in their leases? It works a lot more for just keeping additionals from coming in later on.

 So how do you prove another person is staying longer than 3 days. Just a photo would work? How to prove it to judge ?