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All Forum Posts by: Greg Whitman

Greg Whitman has started 4 posts and replied 14 times.

I am getting ready to list my condo in Atlantic Beach, North Carolina and I need to locate a good cleaning vendor in the area to service the condos between guests.  If anyone has any recommendations, I would appreciate it!

Greg

Post: Tenant possibly abandoned property prior to lease expiration

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

Thanks, Nathan.  I did get a text from the tenant yesterday afternoon to confirm they have abandoned the property.  I have a judgement against them for failure to pay rent, but the judge would not include court costs.  Once we figure out the damages (they were smoking inside where the lease forbids it), etc., we will be heading back to court for the additional dmanages.

Post: Tenant possibly abandoned property prior to lease expiration

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

I wanted to get folks opinions here on this situation.  I have a property in Southern Maryland that I have now been to court multiple times to get the tenants to pay their back rent.  They have consistently stayed 2 months behind since April.  We had a judgement in September, and the eviction was scheduled.  The morning of the eviction, the tenants came up with the money needed in the judgement to avoid foreclosure.  However, as it was literally just hours before the Sheriff was scheduled to arrive, I could not cancel the movers I hired.  So, once again, back to court to get caught up again.  This time we go to mediation and agree on a payment arrangement.  The tenants made one of the 4 payments due.  Today we go back to court and only one shows up, domestic couple split up).  Judge granted me a judgement for rent and late fees owed, no previous court costs.  The one tenant states he has moved out of the property, and I have not seen his partner since November.  As of today (12-21-2022), they have 10 days left on the lease.  Should I consider they have abandoned the property and start moving forward with inspections/repairs or just wait the 10 days until the lease has ended before I take any further action?

Post: Maryland ERAP Funding

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

Just curious if anyone else is waiting for Maryland to release ERAP2 funding to the counties.  I have a tenant that I had a case scheduled for Failure to pay rent.  They received assistance from the county to pay back rent and late fees through August and then they got ERAP to cover them September through the end of the lease (November 30).  I agreed to accept the ERAP, however the county made me agree to no additional late fees, no court proceedings, etc.  I checked with the county housing office this afternoon and they still have not received their funding.  Just wondering if anyone else is in the same boat

Post: QuickBooks version recommendations

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

For the past 7 years, I had used QuickBooks Premier Desktop.  This year I switched to QuickBooks Online Plus.  The desktop was okay, as good as QuickBooks can be, but the drawbacks for me were the inability to access it from the road (desktop version lived on my desktop at the office) and maintaining the backup files.  Granted, I had a bit of overkill for my backups, I had a small server in the office that backed up the desktops daily.  That server then backed up to an external hard drive daily, finally, the server backed up to Microsoft Azure every night.  My data was secure, no doubt, but it was costing a fortune to maintain that kind of backup system and most do not go as crazy as me!  There is a learning curve from desktop to online QuickBooks, but I am much happier with the online version.  One of my favorite features is the ability to take pictures of receipts and upload them.  First, it makes keeping copies of receipts very easy, and I can add expenses the moment they happen.  Also, the online version allows my accountant access at any time, again, major plus!

Post: Connections, adding value and Mentorship

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

Welcome, Aaron!

Post: Tenant security deposit

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

Great find in Baltimore County!

I am also in Maryland, and I open a separate savings account for each tenant's security deposit at my bank here.   

Wow, that is incredible!

I agree with what numerous people have said prior, the best thing we can all do as landlords is screen, screen, screen.

I am currently dealing with two tenants in Maryland, both were consistently 30-60 days late in rent payments.  Back in the spring, I gave them 10-day notice prior to filing in court for the eviction process, as we must post on their door 10 days before filing that we intent to file for eviction and the form also lists places where the tenants can get assistance.  One tenant did apply for assistance, and both tenants quickly made payments.  A couple months later, we are at the same place, so back in August, I gave them notice and after 10 days, neither had made any arrangements for payment.  The tenant that asked for assistance finally got their assistance and I dismissed the case against them.  The second one started arguing that they paid July and August rent.  I tried to explain that the payment made in July covered their back balance from June.  Their August payment (paid on August 30, BTW) covered July.  Somehow, they couldn't understand how that works.  Then they tried to argue that their security deposit was their last months rent.  Anyway, court date shows up and they do not show up.  Judge rules in my favor.  Now I have to wait another week before I can file a Petition for Warrant of Restitution.  Another judge reviews the case, then orders the Sheriff to proceed with the eviction.  Monday, the Sheriff posted the notice and we scheduled the eviction for next week.  The tenant blows a gasket, asked the court for a new hearing, they were denied and the eviction is moving forward.  To add insult to injury, the tenant tells the Sheriff's Deputy that no matter what, come Monday, he ain't leaving.  Stay tuned, film at 11.

In both cases, I rented to these people as a favor to another, and did not follow my usual screening procedures.  Never again!

Post: Outer Banks Investors!

Greg WhitmanPosted
  • Investor
  • Hollywood, MD
  • Posts 15
  • Votes 10

Just saw this.  I am moving into the Crystal Coast, SOBX area.  Just purchased one door in Atlantic Beach and another in New Bern.  Would love to connect and/or discuss