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All Forum Posts by: Will Reed

Will Reed has started 5 posts and replied 6 times.

Post: Roots in Pipes

Will ReedPosted
  • Posts 6
  • Votes 1

Im not sure how old my pipes are does Jetting only work with newer pipes I have herd ? 

Post: Roots in Pipes

Will ReedPosted
  • Posts 6
  • Votes 1

Has any one ever had roots in pipes and solve the issue with out doing excavation. Plumbing company says its the only way to resolve the issue

So I have a tenant who recently moved out of my residence on good terms, actually helped me find some one to take there spot who has been a fantastic tenant so far. They recently came to me asking if they could rent space to put an RV on the triplex that they originally were renting in. 

So I guess my question is how much or should i even let them do this, they were a great tenant when there paid rent on time and early, then they hit hard times and couldn't afford the unit they were at any more. So I guess im looking for advice. 

I have a few questions regarding subject to transfers.  
How likely is the Due on Sale Clause to be triggered? Some things make it seem like that never happens or extremely rare. And if it is triggered  what happens? 

Post: Tenant asking to not pay

Will ReedPosted
  • Posts 6
  • Votes 1

So me and my wife just purchased our first rental and first house ever. It had Tenants in it and one of them is asking not to pay this month. (the first month we are collected rent as new land lords) They are saying because there father died and they are incurring the cost. They then said they will pay double next month. 

Advice from land lords with experiences would be much apricated 

So Griffin Funding, Is a lender you may want to reconsider using. So up to this point in the process They pre-approved me the next day I was then under contract for an amazing deal on a multifamily. It then took them 8 days to get the application to me. Then they ordered an appraisal that at the earliest could not get it done till 5 days before closing. Then after a few days they agreed with me that was not going to work out so we hired a new company, but they couldn't do it till 3 days before closing but in the process of all this they cancelled the original. Then a week later I get an email from the new appraisal company wanting more money. Turns out It was submitted as a Single Family home not a multifamily. So we get the extension 10 extra days. Then the insurance calls me saying they cant get the purchase agreement from the lender to bind the hole thing. Which I had been on the phone daily with the lender being assured everything was moving forward on there end they were just waiting on the insurance. So somehow they couldn't figure it out. I gave the Insurance the purchase agreement which they had been asking the lender for for day. Then my lender gets that sorted and now they want to hit me with a serious of new questions about bank statements . The final date is the 10th and the lender hasn't even finished. They have also assured me that once they do finish it is a 3 day waiting period which would put me at the 11th. The seller has also said no more extensions probably because they got a better offer.   When the lender at Griffin does answer they are nice and sweet  but I think it would be better if they answered the phone consistently and got the job done. Or told me to **** my self we don't want to do this deal, so I could find some one else. Which I should have done earlyer on, so all in all my fault.