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All Forum Posts by: Sai T.

Sai T. has started 58 posts and replied 598 times.

Post: Four months Past due and eviction order

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138
Quote from @Julie Hartman:

@Sai T.

@Sai T. A good way to convince a judge to decide in the tenants favor is by neglecting repairs. You need to keep the unit in habitable condtion so you are holding up your end of the lease agreement and local habitability laws. Contact a plumber and either meet the plumber there yourself or have someone else meet them there so you (they) can see the condition of the property. If she is not paying rent, she may also be causing damage. I would want to see inside that property if at all possible to see what's happening in there. 


Post: Four months Past due and eviction order

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

Yes, tenant reported issue with powder room. Tenant is professional liar. See the audacity of the tenant to ask to fix it when she own $8K

Post: Four months Past due and eviction order

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138


Yes, there was no issue and tenant has been living since April. 
My question is, am I supposed to respond to the tenant when they owe me rent for the last four months?

Quote from @Henry T.:

Tell her to send pictures first.

Was the line checked and clear when she moved in? Whoever plugged it up after that is responsible.

Unless something in the building failed. Broken pipe, roots? If she dropped a racoon in there it's not your problem.


I don't know your stituation, but this is my policy.

Post: Four months Past due and eviction order

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

The tenant has not paid the rent for the past four months, totalling $8,000.

I obtained a judgment to evict the tenant, but she appealed in the county court in Pennsylvania last week.

She emailed me today, requesting that I send someone to fix a clogged bathroom.

I'm not sure how to respond to this situation. Please help.

Post: What kind of marketing is this ?

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

Wow, the buyer is kind of threatening me because he did not hear from me. He is sending me final notice to buy the property. I don't know if this type of low-cost marketing advertising will work. Have you ever seen this ?

Tel

Post: Electrical question: Is this illegal?

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

I’m not a electrician but my common sense is that it’s illegal illegal code violation. Why RED wire is not connected? 

Post: Rental current residence

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138
Yes but it won’t double Insurance premium.

Originally posted by @Raymundo G.:

I'm living in these house for three years, I recently refinance to lower the interest. So I call my bank and ask if I could rent these property and get a loan for an other house, they said I have to refinance and put it as and investment property due to the insurance. So as an investment property the interest will go up. Is that right?

Post: Should I rent or sell?

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

I will sell if I get $1,400 for $200K 

I expect minimum 1% rent of the value of the home I.e.  $2K rent for $200K 

Post: Found a house on a cesspool

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

Unfortunately no experience and personally I avoid septic properties because it’s very costly to replace it.

Only 1-2 companies install septic and county requirements. I can not call any handyman or GC to do the work.

 Recently I did not buy a good location and tenant occupied property just because of septic.  

Post: Found a house on a cesspool

Sai T.Posted
  • Investor
  • West Chester , PA
  • Posts 609
  • Votes 138

Yes, it’s worth it if you run your numbers and if you think you are going to make decent profit.