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All Forum Posts by: Roger S.

Roger S. has started 35 posts and replied 387 times.

Post: Towing Tenant Vehicles When Rent Is Late

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290
Originally posted by @Account Closed:

@Thomas S. You might get away with it in Canada, but you are telling someone to steal the tenant's auto and go to jail. And you call that leverage in the USA we call it theft. Go ahead and give bad advice.

How is it different than a parking lot towing your car when your time expires?  Or a business towing your car if you park there and don't patronize their business?

Post: Realtor telling me other peoples offers

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290
Originally posted by @Tom R.:

Thanks for everyone's responses. I'm liking my realtor much more now. I've increased my offer but I dont expect the seller to accept it. The previous offer was $105k and the seller pays all closing costs. I'm offering 100k and I pay all my own closing costs. I cant pay more than that if I do my profit margin is razor thin.

That information should not have been disclosed to you.   You wont like your realtor near as much if you use him to sell one of your houses and he discloses such information to potential buyers.

Post: Realtor telling me other peoples offers

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290
Originally posted by @Michael Plante:
Originally posted by @Roger S.:

Unethical.  Dump her.

Please explain

First problem, the realtor is obligated to present all offers.  What was turned down last week, might be acceptable today.

2nd problem, if this realtor is representing the seller, or the buyer and seller, she cannot disclose the actual dollar amount of previous offers.  

If the realtor is just representing the buyer, then she should not have had access to the actual dollar amount of previous offers.   

Post: Realtor telling me other peoples offers

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290

Unethical.  Dump her.

Post: Hardwood Floors vs Laminate for tenants

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290

Vinyl, vinyl and vinyl.  Did I say vinyl?

If there is nothing they can do, then there would be nothing they could do if you change the locks and move the guys stuff out.  And stay there until the guy sees you are serious.  I am not a lawyer.

Post: To pet or not to pet??

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290

One thing about a non-refundable pet fee, is that if the pet does do damage, I take that from the regular deposit they put down.  The nonrefundable fee is just that, a fee for having the pet.

I've got 2 local banks that do my deals.    One wants 20% down and rates are around 4.5%.  The other wants 15% down and rates around 4.25%.  They don't care how many I have, but I have run into issues when trying to refinance an investment property with a conventional loan.

Post: One of those days with an idiot tenant.

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290

Her lease is up November 6th.    She's oughta there.

Post: One of those days with an idiot tenant.

Roger S.Posted
  • Investor
  • TX
  • Posts 393
  • Votes 290

Today was one of those days that makes you wonder why we do this. First off, let me mention that I work a FT W2 job, my hours are 6PM to 6AM and my commute is a 3 hour roundtrip. So last night at work, my wife calls me and tells me one of our tenants called and said her son flushed the toilet and it didn't go down. And there was no way they could survive the night without a toilet. She wanted a plumber called (Saturday night about midnight) or us to put her up in a hotel. Keep in mind, about 6 months ago, I pulled about 5 lbs of baby wipes out of her drain and didn't charge her for that.


I told her that she could survive the night and I would be there as soon as I stopped to rent an auger and made my way home. She whined through a few more text messages but I finally got through to her that that was the way it was going to be.

So, stopped by Home Depot, spent 50 bucks on a power auger and went to work.   Ran it in from the cleanout, no luck.  Hauled that 100 lb ***** up onto the roof and ran it down the vent, no luck, even though the I could see the auger in the cleanout.   I'm steaming now and I told her that there was something in the toilet, she had protested all night and day that there wasn't.  She then says in a small voice that her son told her he had dropped a toy car in it and flushed , by accident, uh huh.

So, I pulled the toilet and sure enough, the pipe was empty.   I have a toilet auger, but it didn't matter which way I ran it in, it wouldn't budge.   Back to Home Depot for a toilet.   Get the toilet installed and everything cleaned up, hauled the old toilet out and decided to find out what it was.  A few raps with a hammer on the siphon tube and VOILA!.  Not a toy car, but a toy 55 gallon drum that was jammed in there as tight as dads old hat band.

So, 4 hours later, after a 15 hour night on my regular job, she has a nice shiny new toilet.  I presented her a bill for the auger rental, the toilet, the charge I will pay at the land fill, and 4 hours of my labor at 25 bucks an hour, 50% of my W2 wages, and way less than a plumber would charge.  I venture a plumber called out on Saturday night would have been close to a grand to do all that work.

Her response was "Well, I don't have that kind of money, and I should only be responsible for the toilet, not labor, not disposal, not the auger rental.  This is your house and if that's the case you should have told me and I would have had someone else put the toilet in."

HAHAHAHAHA.   Like, since it's my house you can tear it up and I have to pay.    I told her in no uncertain terms that she is not allowed to have just anyone work on my house and that the bill was due with next months rent.

SHEESH.