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All Forum Posts by: Pat Goodyear

Pat Goodyear has started 9 posts and replied 75 times.

Post: Tenant harassment (i have an autistic toddler)

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

@DeAndra Pierson as a landlord with several duplexes, i can testify that it is impossible to control this type of behavior. Yes, quiet hours are in the lease for a general understanding but no court will allow you to evict over it. Tenants have more rights to staying in there homes.

Some possible solutions, not all good ones...

Earplugs

When she bangs at 2am, put baby shark on at the highest volume wile wearing your earplugs

Do NOT bang on your ceiling, had a tenant do that and the plaster ceiling fell in!

Open your windows from the top, ie if both panels,move. Otherwise, set a live trap near your window. Tell her her cat was caught as a feral cat. Get a squirt gun and spray offending cat with vinegar and water.

Sprinkly cayenne powder on your will. Buy your cat catnip.

When she talks about you with the window open, stick your head out and say " how about being an adult and talking to me instead of gossiping? Nothing is ever solved by that"

Smile and say Bless you! Whenever passing other ténants.

Lastly, if she has been there forever, she isnt the one to be leaving. Luckily you just renewed your lease. Otherwise i would be more worried about your landlordnot renewing your lease. Landlords are human bearings. No one wants constant emails about small issues. Big issues being drugs, police raids, etc.

Post: Killing it by turning crack dens into safe housing

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

@John Hickey

I am interested in hearing more of what you do, but from my own experience wonder how you "manage" issues like drug dealers, bedbugs, etc.

Yes if you can buy the whole block that changes things but in my experience seldom is the whole block up for sale. What i do and have done is buy distressed properties, fix them up and rent them to decent tenants.

My experiences branching out has not served me very well. I tried high end but taxes are killer and the rent range for my medium sizedtown is 1000 to 1400. So the profit isnt there

There is someone here whose strategy is to buy give away houses in the worst section, minimally repair and rent to section 8/PA.

I dont have the energy for class D tenants. Would love to hear more.

Post: Killing it by turning crack dens into safe housing

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

@John Hickey

I live in Syracuse NY. Own 311, 401, 417, 420, 601 and 608 Beattie. I live on the street. Yet i can't keep kids from dragging hoops into the street and annoying my tenants. I see teenagers hanging on the porches of the abandoned houses. They have even hung on one of my porches!

So my questions:

Houses foreclosed banks are slow to offload and they are eye sores.

Drug dealers, kids, hoodlums how do you get rid of them? If there are still drive by shootings NO DECENT tenant will rent there

Post: Syracuse NY Area-A decent market to invest in?

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

@Leah McNell i have 16 properties in Syracuse and have been doing it since 1996. Some things to think about:

Are you going to live in Syracuse? Maybe buy a 2 family and rent out the other side?

Are you buying with cash or need a mortgage? All those horrible closing loan costs are even worse in income property.

Do you have a good nest egg? I got a call on Tues that my tenant's fridge see. A new one is over $500.

As far as DeWitt, etc the taxes dont justify the extra rent. I made that mistake, taxes on one property as $6000!

Lastly, the new laws. While before jine 2019 I could get someone out within 1 month. Now it is minimum 3 months. Can you afford to carry the property for 3 months with no income?

Just some things to consider.

Post: Buying and gentrifying a neighborhood

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

Robin might I suggest holding off until it becomes available? Just my situation, I live on the upper east side of Syracuse - Beattie St. Over the past 20 years I have purchased 8 homes on my street to improve my neighborhood. I did overpay for one property and it was a big mistake. Payed $80K in 2002; illegal 3 family, needed a roof, etc. PM if you want to chat

Post: Newbie in Syracuse, NY area

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48
@Edward Francis Welcome! I invest in rentals in Syracuse, I currently have 20 doors which I self manage. Rob's group is awesome. I hope to,make it Oct 2

Post: Will this remove bed bugs?

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

Bedbugs need a food source to be active. Most companies WON'T guarantee an empty house because the bugs need to move and be in contact with it.  Just my own experience...Had a tenant who acquired a bedbug infestation, then after several months of treating it with temprid - which I gave them to use. They moved. I guttered alot of walls and a few ceilings, painted, left it empty during this for 2 months. New tenant moved in and guess what?? yep...bedbug bites. Had an exterminator come do a treatment cost $1200. 

You may want to sleep there or use dry gas to attract them...CO2 is what they track.

Post: STAR Program for Property Tax Impact on Taxes from Previous Owner

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

I agree it is 16k off the value. 

Post: STAR Program for Property Tax Impact on Taxes from Previous Owner

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

Did you check ongov.net? I believe they list it all out there, including how much the STAR is

Post: Syracuse New York Semi-Newbe

Pat Goodyear
Posted
  • Syracuse, NY
  • Posts 77
  • Votes 48

HI John! I am an investor in Syracuse. I have 20 properties and self manage. Feel free to pm me.