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All Forum Posts by: Peter Mckernan

Peter Mckernan has started 61 posts and replied 2224 times.

Post: Smart Move

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

Ya, Smart Move is really nice to use! It makes the credit and background check easy.

Post: Eviction

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

I served the tenant a "Pay or Quit" notice, and that day she paid rent by depositing the money straight into my bank account. Thanks for the tips, and I will make sure I don't let this happen again.

Post: Eviction

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

@Jerry W.

Hey Jerry,

Thank you for your insight. I have been using the newest version of the California Rental Law Book. I don't want to go into it blind and have made sure I cover my bases. I am being reasonable about it, as in it might have to do with some type of family issue, medical issue, or some other pressing issue; however, there should be some type of communication. Thanks again for your response.

Peter

Post: Eviction

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

@Joel Owens undefined

Hey everyone,

Thanks for the response. The property was a planned rental and I did send the tenant through a credit and background check. I do agree the tenant did not have the best credit rating; however, she had good standings with her previous landlord.

In California, the law on security deposits is one and a half times the rent that the landlord is asking. @Colleen F.

I got the security deposit before she moved in and it was paid in full. The tenant moved in a few days before the first and I told her should would need to send a cashiers check for that prorated amount and also the first months rent. @Aly L

I have text her, called her, left her a voicemail, and also e-mailed her. I did that all in that sequence. I have a business partner on the property and he has also tried to contact her with no luck. @William Shaffer

Ultimately I don't want to have to evict her and that is the most severe option; however, I am just planning ahead and wanted to grab some insight on what other people thought.

Thank you,

Peter

Post: Eviction

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137
Hey everyone, I had a quick down and dirty question about evicting tenants. I have a tenant that is in her first month of renting and before she moved in she gave one and a half times the rent for a security deposit; however, it's almost the middle of the month and no payment yet. So, I wanted to know how long someone will wait till a person. Should be evicted? Thanks, Peter

Post: Renter's insurances thoughts

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137
Hey everyone, I have a renter that is about to sign a lease contract; however, there is a dilemma about her getting renters insurance and I wonder if some of the members can throw some thoughts at me. Well, the possible tenant has a home business and has business insurance, which hasn't allowed her thus far to obtain renter's insurance. I have been looking in a few places to see if California requires renter's insurance and I haven't found confirmation on that. Should I require her to get renter's insurance? My gut and findings lead me to believe I should. Let me know what everyone thinks! Thanks, Peter

Post: Inland Empire rental house available Redlands, ca

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

Hey everyone,

I have a rental house in Redlands, Ca available. 3 bed/1 bath for $1650; which includes water and trash. Please contact me for more information, lease availability, and pictures.

Peter

Cell 714.328.2814

Post: Orange County, California REI meetings

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

Great! Thank you for your insight.

Post: Orange County, California REI meetings

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

Hey everyone,

I have been searching for more information on real estate investing on top of my research online and the BP Podcasts. I found a couple REI meetings coming up next week and the week after. The links below are the two I found so far and I wanted to see if anyone can shade some light on these and any other meetings in my area. Thank you for your help!

http://www.meetup.com/ORANGE-COUNTY-FIBI/

http://www.investorsworkshops.com

Thank you,

Peter

Post: A Sellers Bad Cover up

Peter Mckernan
Posted
  • Residential Real Estate Agent
  • Irvine, CA
  • Posts 2,277
  • Votes 1,137

Thank you for the insight @j Scott I am hoping for the best; however, I'm being pragmatic about the situation.