All Forum Posts by: Surendra Chawla

@Chace Fraser can you please send me the website link for the property management company? I am still looking but not in a hurry to finalize one. Thanks.

@Kim Meredith Hampton thanks a lot for the tip :)

Hi, I am looking for a property manager for my already tenanted home in Portland, Oregon. Any recommendations will be great.

@Neal Collins it’s in Bethany, zip code 97229. Thanks.

Hi, Anyone has any recommendations for a good property manager in Portland, OR? I had a great one so far ( he is my gold standard in property management), really customer oriented, but sadly for me he is changing jobs and moving into an unrelated field. So, I need to find someone else. Would be great to know if someone is really happy with their Portland based property manager :) will make my job easier. Thanks in advance. Cheers Suren

@Mathew Wray thanks. What you wrote does make sense.

@Jason Bott thanks for your response. I did reach out to my State Farm agent and asked them if they would do backdated insurance. They said they don’t do it. So, I did tell them about the situation. :)

Hi

I have a SFH property in Portland, OR that's rented out. I changed my insurance company from Foremost to Statefarm and ended up having a gap period from 10th to 27th June, 2018 without insurance. Mt mortgage company is now saying that I need to have insurance at all times and telling me that they will buy insurance on their own for this period if i cant show them proof that i had insurance during this time. How can one buy insurance for a period that's in the past? Also, there hasn't been any claim, so the mortgage company is not exposed to any risk...i don't understand this. Are there any companies that do backdated insurance?

Cheers,

Suren

Hello Folks,

I am a relatively new member here on BP and completed my first new investment property purchase in Pflugerville, Austin (TX). It's a new, 3 bedroom,  single family home by D R Horton. It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.

My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.

I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do? Is it difficult to find good tenants in Pflugerville? or am i just being impatient? We just did the closing 3 weeks back. 

Also, i have not transferred the utilities in my name yet hoping that i would find tenants super quickly and easily. Do I need to do that? Is there any repercussion of this except that the utilities may be shut down and i will need to pay a little penalty to restart it. 

Cheers,

Suren

Sent you a PM, Derek.

Originally posted by @Derek MacBay:

@Surendra Chawla , Awesome!! 
I would love to get together and here about your experience! 
I will be headed to the states for a couple months in June, so maybe sometime this month???
PM me and we can arrange something. S