All Forum Posts by: Stephanie G.

I would not rent to him. Those crimes are serious felonies repeated over and over again. 

The battery and molestation charges are, of course, the biggest concern to me. These are the only the ones he was caught and arrested for... imagine all the other things he's done and wasn't caught. The neighbors and children might not be safe with him around, it would not be worth the risk to me. Good luck!

I've heard a couple people comment that they have had trouble getting applications filled out and received when using RentRedi application process. I don't have any personal experience myself. 

Your house is beautiful!

Hi Jeff,

It depends where you live and exactly what you need done.

Where I live, any tree related trimming and cutting down seems to always be over $1,000 and usually less than $2,000.

I just finished a house and we bought the plastic, mulch, and bushes to plant (like 13 of them), and existing landscaping needed trimmed. The landscaper charged us $650 to do all the work. Our material costs $400. We just did the front of house (1200 sqft SFH) landscaping, didn't touch back yard.

I hope that helps a bit!

I'm bidding on a house later this week, it's a courthouse foreclosure trustee auction. I ran a title search so there wouldn't be any surprises. The house has a lien from Capital One for almost $5,000. My question is will I definitely have to pay that lien off during the closing process?

The owner that was foreclosed upon is deceased. Does his being dead influence the situation at all regarding the lien from Capital One?

I'm going to buy the house either way (if I win)... but I really like my money and was curious about the lien process.

Absolutely, I'm still figuring out if I even want to be a landlord! I've been a pediatric nurse for 30 years, trying to do something new. I've flipped my first 3 houses in the last 18 months, and made good money. But this would have been my first rental. 

I guess as a nurse, I always think of someone getting hurt or worse, especially because people die rolling mowers and tractors here in east Tennessee. The risk of the hill made me worry about the well-being of the tenant-- plus my own liability.

The outcome is that I didn't buy the house!  If I bought it and can only get $1000/month for rent. I would have paid for the lawn care, would have been $75-100/week during mowing months (April-early November) + insurance + taxes + any house maintenance = it's not worth it for me to tie up my money.  I'd rather use my cash to flip another house instead of tying it up.

So, it really did come down to professional lawn care costing up to $400/month to make the deal not worth investing in for me. 

It's great to have Bigger Pockets to learn from experienced investors. I really appreciate everyone's input. I hope everyone has a great weekend!

That's the conclusion that I was thinking too. Thank you for both of your input, it's appreciated!

I'm considering buying a house to use as a rental- but concerned that it's on a pretty steep hill. If the tenants mow the yard and roll their mower and become injured or worse. Am I liable as the property owner??

It's an estate auction in the morning, so time is a factor. Any advice or guidance is appreciated!

Thanks,

Steph

My family used to have house in Dewey Beach, close to Bethany. When kids go back to school in September it became like a ghost town, & cold and windy winters. Dewey was a big party place. Bethany was sleepy & quiet place. My point is your short term rental season is very short, like June-August peak. Florida beaches better year round rental location if you want that kind of income.

Everywhere I look it's showing that it's off the market. Zillow, Trulia, Realtor.com aren't active. Maybe that's a reason there's no activity. Plus I'd be upset about not having a sign in the yard, that's just bad, she'll be making a pile of money if sold, dang put a sign in the yard.

I also recommend not using a realtor in this situation so your parents get to keep all the money. Closing costs for them should only be a few hundred dollars. Your closing costs will be different of course.