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25 December 2024 | 10 replies
I acknowledged his concerns but was unable to resolve the issue.Since the tenant moved in, I have experienced escalating issues with his behavior, including:Lease Violations:Moving items without permission (furniture, safe, carpet cleaner, TV from his room to another tenant's room).Accumulating boxes in the garage, potentially exceeding the agreed-upon storage space.Installing a security camera in the common living area, which is a direct violation of the lease agreement.Failure to submit a work order for alleged issues with the smart lock, as required by the lease agreement.Behavioral Issues:Aggressive and confrontational communication.Unfounded accusations and personal attacks.Refusal to communicate through agreed-upon channels.Loud and disruptive late-night behavior (banging on the door, kicking the door) due to alleged difficulties with the smart lock, often accompanied by profanity.Harassment of my son, the designated on-site property manager, by making disparaging remarks about me and refusing to cooperate with him.Potential for Neighborhood Disruption: The tenant's late-night outbursts have the potential to disturb neighbors, although no formal complaints have been received.Unreasonable Demands: The tenant unreasonably demands advance notice of my access to the property for storage purposes, despite the prior agreement and my right to access common areas and my own storage spaces.Safety Concerns:While the tenant has not directly threatened us, his actions, including the harassment of my son, have created a concerning and unsafe environment for my son and me.Goal:My ultimate goal at this point is to evict the tenant due to his ongoing lease violations, concerning behavior, the harassment of my son, and the potential for neighborhood disruption.Questions:1.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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4 January 2025 | 67 replies
Actually pretty safe, another 20 foot higher than this flood stage.
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10 January 2025 | 67 replies
While real estate investments come with their own risks, it may be one of the best options for those looking for a safe haven against fears of socialism.
21 December 2024 | 18 replies
Then I'll focus on paying off mortgages and making my investments "safe" instead of focusing on growth.
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21 December 2024 | 14 replies
if you allow the use of it I would mention something in your contract that the tenant is responsible to manage a controlled safe fire or something along those lines.
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31 January 2025 | 170 replies
The site and asset management teams at Grocapitus have worked hard to maintain occupancy, keep tenants safe, and delinquency low.
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31 December 2024 | 418 replies
What’s worse is many investors who do get burned become afraid of investments in general and keep their money “safe” at bank rates of return.
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19 December 2024 | 6 replies
Both groups are showing up with a clear purpose, need a good night's rest and want a safe place to live close to where they work/study.
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18 December 2024 | 24 replies
Just to be safe if you had to pivot.