All Forum Posts by: Richard C.

Paint that is 5+ years old is wear-and-tear, not damage. A ceiling light is on the ceiling. If it falls and breaks, wear and tear, not damage.

I would charge for the clean-up/dump fees though.

I'm not clear on why you required the 30 days in the first place. If they were trouble tenants and you want them out, why make it hard? It sounds like you were trying to re-assert control over the situation, when that boat had already sailed.

What is the argument you're making in eviction court? "Well, Your Honor, they wanted to leave on May 1st, but they didn't give 30 days written notice so I wouldn't let them, so now please make them leave sometime in the next 12 days?"

How long does an eviction take in Alaska anyway?

It is better to be an adult, take ownership of your decisions, a deal with people honestly and directly.

Imagine you were qualifying a prospective tenant, and they said, "I am not self-employed, I work for XYZ, LLC!" Later, you find out that the tenant is the sole owner of XYZ, LLC. Problem? If so, why? That is exactly what landlords who hide behind an LLC to lie about their status as owners do.

If people want to lie, no one can stop them. But stop trying to justify it. Just say, "I choose to lie when doing so is in my interest, makes my life easier, and tips the playing field in business negotiations in my favor."

Even the hypothetical examples you use to defend yourself are...lies.

Yes. Especially in softwoods, and especially if tongue-and-groove. You have to stop sanding before you sand through the top half of the groove.

Does your employer offer tuition assistance?

If yes, sign up for another degree program. Cheapest you can find. Two graduate courses a year = half time status = student deferment.

Loan payments made while in deferment are principal only. True, you will be capitalizing interest, but the math can still very much work. It has as big an impact on pay-down as principal-only payments on a mortgage.

Also, make sure you consolidate all of your loans. $100k in student loans spread over 3-4 loans will result in a significantly higher total monthly payments than the same amount in one loan.

Finally, FHA doesn't count loans in deferred status against your DTI. Which is stupid; they should. But they don't.

Getting your credit to the 620-640 you want before applying for an FHA loan isn't hard.

Personally, I make a point of not doing business with liars. If I were looking to rent an apartment or house, and I caught the landlord playing silly games like this, I'd walk. And proclaim their duplicity far and wide.

What is the opposite of a referral?

^This.

If you just buy low-value properties and work your butt off so they cash flow, all you have done is buy yourself a job.

I can get a job for free.

Accept no eviction-specific advice from anyone from a state other that your own. This thread isn't bad so far, but I have seen advice on others that would get you murdered in a Massachusetts court.

Well, I'm not in Florida, but honestly that doesn't strike me as an unreasonable statute. We don't do debtor's prison here, and we don't allow even the IRS to garnish so much of a persons wages that they are on the street.