All Forum Posts by: Mark Whittlesey

But if you are getting an FHA loan then it will require a refi. Given today's hostorically low interest rates, that is something to keep in mind. You might have to choose between losing an absurdly low interest rate or keeping MI forever.

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Originally posted by @Richard C.:

Legally in my jurisdiction you do. Also for FHA loans. Also for Section 8. But you are right, that is not, AFAIK, in the IRC.

This is correct. No closet means.. it's a "den".

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Ugly looking house. I love it!!!

Congrats!!

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Originally posted by @Suzette West:

scare tactics = harassment

When you know your rights, people usually won't mess with you including exulted state employees who act before understanding.

Maybe.... maybe not. Don't forget that the govt (even the state) has virtually unlimited resources. Do you?

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Get an attorney who specializes in evictions. You dont want to make a mistake in a case like this, especially in California (NOT landlord friendly).

If there are any technical mistakes in the eviction filing, you will have to start over.

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Standard guru marketing.

Secret info. Special opportunity that will "expire soon".

And.. for some reason.. they need to know if YOU qualify..

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One more point about S8. It's a Federal program... But it's managed LOCALLY. So a lot depends on what the city office is like. I can think of one city that I would NEVER rent S8 in. Because I would have to deal with the bozos in that office.

I would call the lcoal Housing office and talk to some of the people there. Get a feel for what they are like and how they handle problem tenants.

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Originally posted by @Chris Martin:

Originally posted by @Steve Babiak:

Originally posted by @Chris Martin:

6 people. 1 adult, 5 children. 3 BR. You can't discriminate against familial status, but you may want to ask how 5 children can fit in 2 BR. I'm guessing that the size and arrangement of rooms will accommodate 2 children, not 3. ...

In all seriousness, the living room can be used for sleeping.

I think this can be true. I believe the LR needs a door that shuts the LR off, there must be a closet (coat closet will technically be sufficient) and an egress window/door, which all LR should have. If the LR opens to another room without a door, you could add one. Personally, I wouldn't do this... but to pass S-8 inspection, and HA overcrowding rules (if they apply for your HA), the LR might be an option.

Correct.

This why a "den" does not count as a bedroom. No closet.

Standard is 2 people per bedroom. But the adult might command 1 bedroom alone. So this case is VERY borderline.

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Originally posted by @Michael Noto:

In the past I have had a lot of trouble collecting the tenants portion of section 8 rent. To the point where if sec 8 doesn't cover 100% of the rent it is very tough for me to consider that tenant.

I am surprised to hear this. Report them to the local HUD office. If the local HUD office is doing their job then this report should cost the tenant their voucher.

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Agreeing with the other answers.

"Comps average $230K without pool and patio. Motivated out-of-state sellers tired of renting and asking $259K."

These 2 statements don't seem to go together? A motivated seller asking 110% of value?

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All Forum Posts by: Mark Whittlesey

Mark Whittlesey has started 2 posts and replied 217 times.

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Post: Would you rent to a section 8?

Post: Would you rent to a section 8?

Post: Would you rent to a section 8?

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