Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
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: Cat L.

Cat L. has started 4 posts and replied 7 times.

Post: Success Mailing to "other" Liens (Hospital, Mechanics, HOA)?

Cat L.Posted
  • Investor
  • Euless, TX
  • Posts 7
  • Votes 1

I am in the Dallas/Fort Worth Texas market. 

My question is about a list I get in addition my foreclosures/tax sales, etc ... I get a list of liens (hospital, mechanics, HOAs) ... 

I have not been mailing to this list, but I am starting a multi-touch campaign and I was wondering if others had experience with these types of leads and whether they generated actual deals ... I can't find much on this list ... most talk about liens focuses on tax liens. 

Any experience or advice on how to hit these would be appreciated! 

In regards the repair, here is what the electrician told me (and no, the tenants did not find him); >> We were called out on Friday June 9th about electrical problem with the dryer in the laundry room. We determined that the wiring from the panel box in the backyard through the attic to the front of the house where the dryer is located had the wrong gauge wire it was burning up the wire and popping the breaker the breaker was also not the right amperage. We charged you $60 for the service call on Friday explained what the problem was gave you an estimate for $600 parts and labor to run all new wiring from the breaker panel through the attic and down the wall behind dryer install a new plug. I also explain to you that if we did the job we would credit the $60 towards the total price of the job which made the bill today $540 dollars. Upon completion of the work we determined that the whole wiring situation burnt up the tenants dryer we made sure that we had 240 to the plug. The work is completed-we warranty it for one year. We appreciate your business and look forward to doing future business with you thank you.

The electrician confirmed it was badly wired and couldn't handle any modern dryer - he put in new wiring and a breaker to bring it up to speed. 

Regarding the cost of their dryer, they made sure to let me know it is BRAND NEW. They are the type of tenants who will want and expect very steep compensation. 

I am familiar with broad negligence and responsibility - I'd  just like to find a statutory paragraph somewhere that really defines what happens in this situation, which does not seem to fit under "negligence" on our part. He's a vocal union type, so they may be inclined to fight a little. 

Sadly, they have a full years lease signed one month before we took over. I think the previous landlord did zero diligence because he knew he was selling. 

I am scanning the Texas property laws but it is hard to find this specific instance ... we aren't "negligent" in that we immediately repaired the problem (and since we just had a clean property inspection, there's no way we could have known about the issue). 

I really want the meat of law to refer to before I respond to them, but I can't find it.  

If we had owned this property for any length of time, I wouldn't even ask - we just bought this property last month and inherited our tenants. 

It seems there was bad wiring in the utility room that was not rated for the tenant's dryer. They called us and we had it repaired RIGHT away - it wasn't cheap either; we needed a new breaker and all. Now they say the dryer has been killed. 

I can't find the specifics that might apply to us here and I'd like to know what our legal liability is (in Texas) before I respond to the tenant. 

We do plan to try to be some help but they are already trouble tenant's who were late the first month of rent they owed to us and call about small and petty things all the time; I want to be very cautious in establishing our relationship solidly with them. 

Is anyone aware of the specific Texas statute that would apply here? Or where to find it? 

We are in the process of purchasing a property with existing tenants and a 12 mo lease in Texas (Tarrant county). They are brand new to that property, so we (as well as the existing landlord) have no idea of their quality (and the he did not even get a security deposit!).

We don't want to change their rent/basic terms, but we'd like them to sign our lease, as theirs is a bare-bones affair that doesn't address a number of fine points we like to have covered.

As I understand it, we can't force them to change terms/leases, which is fair.

But could we offer to take $100 off next month's rent if they agree to switch to our lease? I assume there's no legal impediment to the willing transfer of terms from one lease to another, but I can't find this exact situation addressed.

We just purchased a property with existing tenants and a 12 mo lease in Texas (Tarrant county). They are brand new so we have no idea of their quality (and the previous landlord didn't even get a security deposit!).

We don't want to change their rent/basic terms, but we'd like them to sign our lease as theirs is a bare bones affair that doesn't address a number of fine points we like to have covered.

As I understand it, we can't make them change terms, which is fair. But could we offer to take $100 off next month's rent if they agree to switch to our lease? I assume there's no legal impediment to the willing transfer of terms from one lease to another, but I can't find this exact situation addressed.

Thanks for any help!