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All Forum Posts by: Ned J.

Ned J. has started 12 posts and replied 1921 times.

Post: Landlords - Screen your applicants!!!

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

This baffles me.... how can you do NO screening? Crazy.... you are letting someone you dont know live in possibly the biggest investment in your life.... and you dont check out who they are???.....crazy

Do these people just hand over the keys to their car also and hope it comes back ok?

Post: What's your favorite security set-up for protecting vacant property?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

My area is relatively low crime, but had one place that someone broke a window to get in.... probably a homeless guy looking for a place to sleep....got scared when neighbor turned light on.

I put in a SimpliSafe unit... portable, easy to set up, multiple options- you can use a webcam and get alerts on your phone and future tenant can pay for full service if they want. 

Post: Questionable Prospective Tenant

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

I would tell them once they contact the credit agencies and correct all the information, they are welcome to apply. 

If the police reports are correct, they can take that up with the credit agency. Not my circus...

Post: How to deal with ignorant tenants?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

As Nathan stated.... you have solid policies and protocols in place and you follow them. Its not personal, its business. 

When it comes to rude and abusive tenants, I'll deal with them on a professional level during their tenancy, but when it comes to renew, BYE BYE. I don't need that in my life. I got thick skin and can handle just about anything without it bothering me, but I dont want you to be ANYWHERE in the circle of my life. You can go and I'll find someone else. Dont care if you are making me $$.... I can find someone else to do the same thing without being an a-hole.

PLUS can you guess what they will be like when a real issue comes up? No thanks

Post: Failed Leadership is why California is on fire.

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

Oh god... just stop. 

CA didnt send any help to TN/NC??.... oh please

CA ran out of water...... do you have ANY clue what kind of water delivery system would be needed to handle multiple wild fires of this magnitude?.... with 50-80 mph winds? NOT POSSIBLE.... NOT A SINGLE state has a water delivery system to combat fires and condition's of this magnitude

Stop listening to all the blatant misinformation being dumped in SM and certain "news" stations....99% of it is complete BS and been disproven, but the lies just keep spreading as "fact"

Give me a  F'in break....... now all the RE experts are fire management experts

Post: Raise one rent, raise all of them to prevent false claims of discrimination?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

Not at all.... the rent is based on the market rate, so if the units are all different...size/location/lay out/age etc etc... they would have different markets rates. Then you are making that decision based on the data for the area and that unit..... not on who lives there already

Post: Necessary to include photos of the exterior of the property?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

As a customer I would 100% want to see the outside. Don't need a ton of pictures but I want to get a decent idea of the location and condition.

So basically you dont want your customer to know it look dumpy until they show up.....

I can understand the safety from people looking for vacant houses.... then anyone selling a house better take all of their outside pictures off their listing

Post: what to do when a couple splits up and one stays in the property?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

EXACTLY what Corby just stated..... their personal problems are not YOUR problem. The contract is that the full rent will be paid and they are both on the lease. I dont care who pays it or how... if its not paid in full, they get evicted. They can work out that payment situation..... who is paying what/when/how... not my problem

The deposit is on the property, not the individual.... its stays with the property- if the "move out person" wants their portion now, they can get it from the "stay person" and the "stay" will get the full amount at move out. Not my problem. 

Post: Satanic Rituals In This House!

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

Dont see anything to suggest some satanic cult... just crappy tenants and a unit that needs a big rehab

Post: Raising rent again only a month after?

Ned J.
Posted
  • Investor
  • Manteca, CA
  • Posts 1,946
  • Votes 2,150

Personally I would chalk this up to making a mistake not raising it more the first time...eat the mistake and maybe raise it again in 6-12 months. Cost of doing business and making a mistake...learning experience.

Be careful with what you consider "market rate".... I see a lot of LL compare their old unit that hasn't been remodeled in 15 years and has delayed maintenance to some newer units.... they create a vacancy but jumping to what they see as market and that vacancy and remodel costs them tons of $$ that takes YEARS to catch up on with that jump to market. You have to balance the cost of being below market with turnover costs. Yearly increases of 5-10% (based on the local market) vs big jumps when you fell way behind, keeps you on pace but helps keep turnover down