All Forum Posts by: Theresa Harris

Follow the procedures for eviction and make sure you name the person on the lease and all occupants (ie literally write 'all occupants').  If you know for sure they stole someone's identity, you could also let the police know.

If you've been able to save $200K while making $17K/yr, you are doing a great job saving.

I'd be wary of a condo with almost no real reserves. I'd try to look for a single family home in an area with no HOA if possible. Meanwhile talk to a bank and find out if you'd qualify for a mortgage and if so, how much.

Charge them for the cost of repairs.  If you did the cleaning and repairs, you aren't going to be able to charge for your time.  I'd also charge him for disposal of the couch.  Even though he may have bought the couch, you don't know if it was new or not and it may have come that way.

I'd be reluctant to add him to the lease because if you do and she moves and he doesn't, then what are you going to do?  I do agree with Nathan, but I'd also find out what he's in for and a bit more about him.

tough spot-there are organizations he can reach out to for financial assistance. Also if he does have a home, can't get get a HELOC to borrow money to cover the rent?

I agree with Austin.  As long as no customers are coming on site, I wouldn't worry.

Not knowing your background (ie maybe you are a drywaller), if you are able to patch them and they look fine, why wouldn't you trust the tenant to do it?  You know where the holes are, so if you don't like how they were patched, then charge them for the repairs and get someone to fix it.

 Find out how much notice you have to give them and give them that amount of time. Make sure you send it registered mail and have them confirm receipt....or do an inspection (with proper notice) and drop it off then-bring two copies and get them to sign the one you keep.

I'd work on getting her out and dealing with the problem.  If it is 10 days, tell her you will pay for the hotel (you pick), but that's it.  She's on her own for food (don't tell her that, but just say you'll cover the hotel for X nights).  Does she not have insurance?

When it comes to lease renewal, I'd also work on getting rid of her.  

You are quite a bit below market.  How long do you plan on keeping the house, how much would it take to get it to market value with renos?  

Talk to the tenants and I'd increase it by more than $50.  You could stagger it ($50 now and $50 in 6 months).