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Results (10,000+)
Hal Cranmer New Property, Bad Tenants
19 February 2012 | 16 replies
Unfortunately I think you will find that section 8 cares more about their tenants than the landlords.I have gone the route before of section 8 violations and the case workers do nothing.You simply have to evict the section 8 tenants.Mine not in compliance went voluntarily.It was a case of one great tenant next door had a small child care facility of watching 4 to 5 kids.The section 8 next door that were inherited tenants I received upon inspection had a pit bull and a rottweiler.They were told that was a violation of their lease.We evicted and they said they had gotten rid of the animal only to find they were hiding it and was back again.The parents dropping off the kids were scared of the pit bull for the day care next door.This tenant also had a portion of utilities they were responsible for after the voucher paid.They went round and round not understanding why they paid the difference etc.I can tell you when you look at section 8 it is great as long as you pay attention to the voucher.If you want to rent for 800 and the voucher is for 500 then don't do it.They simply will not make up the difference.If it's only 50 bucks they have to come up with then they can usually pull it off.Section 8 inspectors are real picky on all the things they want fixed before you pass inspection.If a tenant wears down a property heavily each year and you have to put a ton of money in to pass inspection each time that is a consideration.Don't be quick to evict the other regular tenant.You have to treat them like a person with a mortgage falling on hard times.
Danny Day REO / Foreclosure Supply Down?
14 February 2012 | 24 replies
I get regular reports from Corelogic and one of their guys called me today to see if they could provide any additional info.
Jeff N. Washer and Dryer For Tenants
10 February 2012 | 6 replies
We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.
Ed O. SDIRA - set up questions
10 February 2012 | 7 replies
Nice thing about ETC is the bill pay feature as it allows you to make payments w/ no extra costs for regular processing.
Bienes Raices Determining basis of REO property (rental)
13 February 2012 | 18 replies
He should be advising you and working with you regularly to help plan and save.
Jeremy Namen Neighborhood Revival
17 October 2012 | 55 replies
Your challenges will be to get them to work together to clean up the neighborhood.
Dave Lamattina Property Managers: Charging Maintenance to Owner
11 February 2012 | 3 replies
I am currently charging a fixed monthly fee based on the size and # of units which covers all your routine repairs, plus cleaning.
Andy H. Las Vegas Realtor Telling Me to Offer Above Listing Price for Short Sale and REO
23 May 2012 | 22 replies
There are some situations in which some investors who put in many offers and work regularly with the same realtor will pay them a flat fee or per number of offers put in.
Shawn Vassel I made my first offer!!
16 August 2019 | 3 replies
He lives out of state, has owned the property for about 20 yrs and doesnt want to deal with it anymore, so there is plenty of motivation...The father who showed me the property did some cleaning and some painting because the previous tenant left the place a mess but there is still work that needs to be done.
Denise Van Sickle New Investor in Oregon
16 April 2013 | 20 replies
I visit Portland fairly regularly.