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All Forum Posts by: Ryan Keeslar

Ryan Keeslar has started 2 posts and replied 27 times.

Post: Has anyone figured out a cheaper alternative to Cash for Keys

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

@James McGovern yeah, offer them a ton of cash to leave, then don't pay. Cheapest thing I can think of! Lol only kidding, but seriously you can offer cash for keys but stipulate they leave the home clean, it will save you a lot of money just in labor cleaning up the place when they leave and if they leave it dirty remind them that was the stipulation.

Post: Finding Local Wholesalers

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

there is no way to know who you are talking to on these deals, but when you meet with a local wholesaler and they speak inteligently about the process and that should give you a pretty good idea of who you are dealing with. You will be dealing with a title company for all funds. you will never hand them anything directly, I would go as far to verify the title company and make sure they are local. If the wholesaler has been around for a while you should probably see multiple properties they have listed in the past and you can reach out to the buyers to see what their experience is. between public records and facebook you can get a lot of information

Post: What happens if you rent your home before your year is up with an FHA loan?

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

As long as your intent was to live there for a year you should be good. I would suggest opening up a PO Box as when your mortgage statement gets mailed to you the post office will provide an update address which is different than your primary. 

If your loan has to be a primary, they forced us to refinance back in the day. this actually helped us go from 6.7 downt to 4.4 but no one likes being forced, I would check with the lender or at least let them know you have to move but want to come back and they will most likely be cool with it. or do the po box thing, hope this helps! 

Post: Not responding tenant.

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

@Alex Moazeni send them a 24 hour notice of inspection via email. Then go inside, you will be able to confront them like that :)

Post: Sober Living thoughts?

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10
Quote from @Amy Konopka:

Connect with me and I'll shoot you my phone number.

There are definitely crappy sober living homes out there.  If you choose this route, first learn about the Best Practices established by NARR.   They are at the forefront for all legislation trying to finally get Best Practices established.  There's SOOOOOOOO much stigma surrounding them, and rightfully so.  I got into the business after stepping into one and seeing one that wasn't properly managed.  But if you're renting a home to someone who wants to do it, they should be locked on and at least look for the "pseudo-certifcations" offered by the States through NARR.

My sober living home is SPOTLESS. It is 1000 times cleaner than my other rental property that is currently rented by an Officer in the Marine corps (single, no family, and house hacking with a buddy against the lease) 

I walk in there any time I want, unannounced. Iy home is about an hour drive but I visit a few times a week because my House manager and I are a team  "walking the lines" since I want to be actively involved. I have 9 beds in a 5 bedroom home (i could easily fit more beds per sq ft but again I dont want to be one of "those" homes.  

  The girls have daily chores and weekly chores. But the house was also renovated and updated and opened with all new furnishings, not a mish-mosh of goodwill pieces like the other homes so this is a lot of their first chances at having a nice home. They WANT a nice house.   I also am not a "bed filler" in other words, I'm not looking for immediate cash flow-I want to set the standards that my house isn't a place for "cheap beds/rent".  I've turned away potential "guests" because they weren't serious about their recovery. Its painful if I look at the cash flow I'm losing, but I have that choice.  

Be prepared with being comfortable with threatening to be sued and booting people out that day when they pop positive. That should be filtered out thru the person renting the house from you, but it may trickle up to you.  Maintaining anonymity and involvement solves this problem, but I'm in it for different reasons  for more than real/estate and cash flow so its impossible to get out of that scenario now!!

To all the naysayers who say they're dumps, depends on you and your systems and the management of the MOST important piece of this puzzle--Your House Manager. Its not for the faint of heart, but some one has to do it. They're needed, they're here to stay and nothing makes me happier than doing good, but doing well.   My neighbors love me. They know. They're better behaved than any tenant I've had.  meth addicts, heroin users, alchoholics.  All under one roof.  Trying to do better.  Thats all it is  


 how much do you make a month on each sober house?

Post: I'm having issues telling a tenant to remove their bike from the laundry room

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

just raise her rent for being difficult 

Post: Pints and Properties - Fort Walton Beach

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

will try to make it! 

Post: Having a hard time finding tenants for my rental my unit.

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

@Diana Costta how are you marketing it? Have you boosted a Facebook add on marketplace?

Post: Meth smoked in my AirBnB

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

@Jessica West-Walker my mom used to smoke meth around me all the time, you'll be just fine!

Post: Rent 11 days late, what should i do ?

Ryan Keeslar
Pro Member
Posted
  • Rental Property Investor
  • Mary Esther, FL
  • Posts 27
  • Votes 10

post your 3 day notice. cant argue with policy - and enforce the late fee. its all fun and games until you are in breach of contract (works for both sides)