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All Forum Posts by: Sai T.

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

Post: I bought my first rental with a tenant in it need help.

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

Did tenant known unit for sale ?

I'm assuming you didn't meet with Tenat before the closing. I suggest you check with the seller and find out his rent history and little more about him before knock on his door.

Post: 4 months advance rent but bad credit and work comps lawsuits

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

Agents know Good credit is one of my criteria to rent. I decided not to pursue this due to liability and disability accessibility reasons.    

Post: 4 months advance rent but bad credit and work comps lawsuits

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

Unit is not on MLS for rent. I emailed the rental info to all my contact before putting on MLS etc.

Tenant and agent did not see the unit. I know the agent and agent's client is looking to rent.

I told her I will think about it. 

Once again thank you so much Jim, J and Brandon.

Post: 4 months advance rent but bad credit and work comps lawsuits

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

Thank you Michael

Post: 4 months advance rent but bad credit and work comps lawsuits

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

I have a unit for rent and I got the following from prospect tenant's agent. Please advise.

Quote

I have a mother and son looking to rent. Credit is shot due to her getting hurt at work and major problems with workman's comp, disability etc. He basically had to give up his life to care for her and his credit suffered. However, two of their law cases settled and they would be able to pay 4 months upfront in addition to first and security. He is working making decent money and she has a widow's pension and social security (I believe).

Would you be willing to consider them? I have their reports and its in high 500's/low 600's. She can provide a reference from current landlord. If so let me know UNQUOTE

I said to the agent rental unit is 2 story and it is not handicap-accessible. Agent replied 

"she has limitations but can deal with stairs when she has to"

I'm concerned if I rent they may find a reason to  sue me!

Post: My first investment! Good or Bad?

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

I do not know the local market but I prefer at least 10% CAP on my investment.

Post: Market place Ad for specific location

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

Thank you Michael 

Yes, I did enter the Zip and City 

Post: Market place Ad for specific location

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

I setup the alert on Market Place to get property alert for particular Zip code but I get the alerts for every Ad.

How do I change the alert by city or Zip