All Forum Posts by: Steve Babiak

Part of your lease renewal system must be a form that serves as a tenant information update. Mine is a PDF that is fillable, so each year they only change that which changed, print it, sign and date and then return to me. It becomes an addendum to the new lease.

In these COVID times, you want to know their assets and banking info too, just in case, in addition to employment. 

Here is a link to a fantastic article written by Brad Dornish, an attorney in Pennsylvania whose main practice is in real estate, titled “Seven Rules on Screening, Hiring and Working With Lawyers”:

https://www.dornish.net/blog/2010/05/seven-rules-on-screening-hiring-and-working-with-lawyers/

@David Krulac should be able to offer suggestions ...

For what type of task do you need an attorney? I can recommend many, there are some who have specialization in certain areas in real estate. If you are evicting, you want an eviction attorney. If you are a lender foreclosing, you want a foreclosure attorney.

Send me a colleague request with a message and I will send recommendations.

There are a few different categories of tenants being exposed by COVID-19. There are those who can afford to pay and choose to pay (the best of these categories). Then there are those who would like to pay but can’t afford to due to decreased income; these might make some partial payment. Then there are those who can afford to pay but choose not to since evictions are on hold (these are real scoundrels). Then there are those who never planned to pay anyway  AKA professional tenants ;)

That should probably be its own topic, like “DELCO ZIPCODE 101”.

Looks like there are L&I citations that are still open, so the city knows about it.

The state owns this; we discussed that in another thread previously.

Because the state owns it, there’s no property tax bill, and thus it won’t find its way into the sheriff sale for unpaid taxes. That’s how lots of similar abandoned properties get put into the hands of new owners.

It doesn’t matter who owned it before the state got it IMO; that previous owner has nothing to do with it now.

Some of the links you showed even had the mailing address as the property itself; nobody home there ...

Maybe send the state some of the links you have here to show them they own it? And make an offer to buy? Or advise them they could put it up for auction (they do that with unwanted real estate) and get some revenue into the government’s coffers.

In reading your description of 19121, you have your NSEW directions confused.

Fairmount Park is WEST of this zip code. The area in blue is next to Fairmount Park and this is the westernmost part. And Temple University is EAST of this zip code.

Don’t know how anybody who knows the city could mess that up.

There is this other thread that covers existing tenants, where you should post that story:

https://www.biggerpockets.com/forums/52/topics/83267-current-tenants-say-the-dumbest-things-too

Since it was rehabbed, it might benefit from the ten year tax abatement; see link.

https://www.inquirer.com/news/philadelphia-10-year-tax-abatement-20191127.html