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All Forum Posts by: Steven Sestir

Steven Sestir has started 18 posts and replied 21 times.

Post: Weather stripping help

Steven Sestir
Posted
  • Posts 21
  • Votes 3

I put a weather strip on my door the other day it just doesn't look right or feel right.  I tried to put it the opposite way but it would not go in and stay there, here are the photos.  Any feedback would be great.  Thank you

Post: How should I go about writing up a lease or should I use the BP 1

Steven Sestir
Posted
  • Posts 21
  • Votes 3

Hello everybody,

   I just bought a duplex in Upstate New York, and I was going to use the following landlords lease but they did not have one for five year.  I just learn about this a few weeks days ago.  I do have a tenant in the other side of the duplex and they did pay this weeks month already.  I want to write up a lease to keep myself safe, when and if they move out.  I do not what to have to try to take money out of their security deposit without having a lease if something is broken because I believe that would be illegal.  How would I go about making a proper lease should I call up a law to help or show I just write one up myself or just use the bigger pockets lease and fix some of the wording around for NYS lease? 

Thank you 

Post: Buying a Duplex and Hot water tank has a bulge on it

Steven Sestir
Posted
  • Posts 21
  • Votes 3

Thank you Kyle J 

  There was a leaking pipe on top and it leak on that side, it was solid but it has a bulge on the steam so it is scary.  I live in New York and all I am think about it bursting and making a huge mess. 

Post: Buying a Duplex and Hot water tank has a bulge on it

Steven Sestir
Posted
  • Posts 21
  • Votes 3

This is the only picture, It is on the seam, so it looks pretty scary 

Post: Buying a Duplex and Hot water tank has a bulge on it

Steven Sestir
Posted
  • Posts 21
  • Votes 3

Hello everybody,

I am in the process of buying a duplex and I had an inspections and the hot water tank had a bulge on the side of it where a leaky pipe was dripping on it.  Would you think I would need a new hot water tank, should I keep that hot water tank, or should I have the owner buy a new one?  I do not know how to replace this myself and it is my first duplex purchase, and I will be living their.  Could I get anyone opinion what I should do here?

Thank you 

Post: Tenant Application screening process questions

Steven Sestir
Posted
  • Posts 21
  • Votes 3

Hello everybody, I am going to write up a tenant application to screen good tenants I know in the application that I need their credit score, credit check, background check, but I feel like I am missing something else. In your tenant application what does most people check for during this process? Is there a standard credit score that a tenant needs to have? Is there a standard application online? Also, how would you go about having your tenants use cozy for this process for checking credit score and background check? I am sorry to bobared you guys with so many questions but I feel I need a little help here please.

Thank you

Post: Tenant background and credit check question

Steven Sestir
Posted
  • Posts 21
  • Votes 3

I saw this in BiggerPockets -Typically, if a tenant applies for a property and fails to qualify – they forfeit their application fee due to the time and cost associated with working their application through. However, if you deny them simply because someone else came first, then you must return their application fee.  

Is this for a background and credit check fees I would have to pay a person back?  Also if you have a couple of could be tenants that check each box on your check list, how would you deny one over the other?  I just want to be safe and I have never have did the application process for a new tenant.  

Any help would be great thank you.

Steven Sestir 

Post: Is there a coupon code for Books?

Steven Sestir
Posted
  • Posts 21
  • Votes 3

I am going to buy a book on Bigger Pockets and I really like paperback books is there a code for books right now? 

Post: Paying in cash question

Steven Sestir
Posted
  • Posts 21
  • Votes 3

Hello I have a question about if I was buying a property in cash.  I was going to use a bank loan, but I got luck to find people to help me buy a property in cash.  I was going to put a offer on this property for 105,000 dollars, but now I am going to buy the property in cash should I offer less or stay at this price?  

Post: Coronavirus and Economy Question (New Investor)

Steven Sestir
Posted
  • Posts 21
  • Votes 3

I am looking into buying a house to house hack, but I see that the economy is in shambles right now because of the coronavirus, should I wait or just put in a offer?  I remember a staying Warn Buffet said buy stocks when the market is down you are getting them at half price (something along these lines).  This is for stocks not for real estate at this present time 2/27/2020.  I would love to hear people opinions please and don't make fun of me to badly please.