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11 February 2011 | 28 replies
Had about 54 cats that animal rescue pulled out of it.They got into the crawl space vent guard that was broken.The owner was a woman who loved pets but had mental health issues.Luckily the house only had a tiny mortgage on it relative to it's value.Cat urine was everywhere.We were able to eliminate it everywhere accept one room where she closed the door and 25 cats were in there.To get rid of that smell you had to tear the sheetrock down and replace the subfloors and Kilz everything.I sold it and collected my check to a cash investor.The lady kept 3 cats that were deemed healthy and moved into a big apartment complex facility that was a loft style with concrete floors.It was an old factory conversion into a 300 unit apartment complex.Had another property I did a Interior BPO on in pre-list for an REO.Owners had left dogs inside living there for 4 weeks with food to survive on.There were literally thousands of terds on every level of the 3 story house along with urine and clothes left behind.This was a few years old house in an upscale neighborhood of 500,000 to 600,000 homes.The neighbors came by and couldn't believe what they were seeing.So I will again say it's not about the pets but the owners who take care of them.On credit in my area most tenants have bad credit.If they have great credit they are buying a house for dirt cheap.The only reason they wouldn't is if they are staying for a short time or in transition.Why pay some landlord who could get foreclosed on 800 a month in rent for a 3 bed 2 bath when you can buy one for cheap.In my area you could get a mortgage and pay 500 a month for that same house.Many times people with good credit are ticking time bombs.They actually are not a great candidate but have just kept acquiring more debt to pay what they have until reaching critical mass.These types carrying a bunch of debt have bankruptcy in there future.When you rent to tenant out of a chapter 7 many have a fresh start and have income to pay the rent.So every renter is a case by case basis even though there are common traits involved.
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2 November 2012 | 19 replies
That might be a good way for you to go - no hoops to jump through but you will have to put down a healthy percent as a downpayment in order to make it appealing to them.
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9 October 2013 | 23 replies
Back out with a smile and give the money back saying title was not clear, tell the chained birddogs to take a walk, lesson learned walk away.
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27 November 2013 | 3 replies
(said with a smile of course) Good luck with your investing!
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31 December 2013 | 2 replies
To all my fellow investors, a healthy and prosperous new year.
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18 November 2014 | 2 replies
My investment advisor asked me to get an inspection done from Healthy environmental service in Burlington ( http://www.healthyenvironmental.ca/services/black-mould-removal/ ) He even told me that they would do an air quality check immediately after the mould removal was done.
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30 January 2017 | 41 replies
I had walked over to greet him and introduce myself with a welcoming smile.
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27 December 2015 | 78 replies
I have a wonderful family, a beautiful wife who I share five healthy and beautiful children with.
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7 February 2016 | 15 replies
I'm not sure exactly what you would like to know about me but maybe this will help:-I'm a 25 year old salesman for a healthy snacks distribution company...
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10 November 2016 | 77 replies
The cost there is largely the cost to build the home as there is no huge issue with supply and demand.I believe the entire California coast is similar but I also believe SF prices are high more because of its healthy tech industry than super climate (not that the climate is bad but it is not San Diego).