All Forum Posts by: Andrea M.

Seems like you have assumed a problem tenant, document everything (all the minor repairs you have done thus far with the cost & everything moving forward) & charge her moving forward.

Stay on top of your paperwork

Never done cash for keys, since I can do my own evictions (complete paperwork online, print & file myself in person). 

In my area I can get a court date in about 3 weeks. If delinquent tenant doesn't show up, I get immediate possession, if they do show up, I get 10 day possession. File additional paperwork for the Sherriff to serve 72 hour notice, all for approx. $100.00 ( depending on the number of tenants on the actual lease.)

Sherriff will call & let me know date & time of eviction, we all show up, Sherriff checks the house, waits as the locks are changed. Deliquent tenant has 24 hours after locks are changed to contact me to retrieve any items left in the house. After the 24 hours, everything is put on the curb and I am not responsible for anything no matter what is left behind by the tenant.

Have never assisted with a move out/eviction either.

I just assume the cash for keys work better in areas not so landlord friendly.

Unfortunately, some don't realize the importance of a professional email address.

What has worked for me is building a rapport with the tenants and having an open door policy with them.

• Nice homes to rent in comparison to what is available in the area 
• reasonable rates
• responding to maintenance requests/concerns in a timely manner
• following up on resolved issues
• treating them with respect not just as a tenant/client but as a human

My current & past tenants have told the only time they see or hear from their past landlord is 1- when rent is due, 2- when rent is late /haven't been paid but landlord won't fix things or takes a long time to fix things.

Not familiar with the process from collection agencies, but with your judgment you can possibly try to garnish pay check & bank accounts as stated in above posts. Call the courts in the district that your judgment is in and asks questions about the collecting on the judgment.

Not sure if it's worth the hassle of having a collection agency/attorney attempt to collect for you, and if they don't collect do they not get paid?   

I'm assuming it would depend on the current set up of the unit.

There are risks with any investment, but if the numbers work, the deal can work. That is how many of the current investors start. Buy below market, fix & flip or hold.

This may be dependent on how you expect to finance your first deal (all cash purchase or financing through a mortgage). If you are looking into applying for a mortgage for your first property, I would suggest you speak with mortgage consultant  of your choice to understand where you credit/down payment  needs to be and get information into the different mortgage programs.

My understanding it signing a lease is standard, even on a month to month tenancy. What happens if you don't have a signed lease & have to go to eviction court & judge asks to see it?

From my understanding, insurance quotes are dependent on numerous factors (location/deductible if you are in a flood zone & rebuilding cost) and varies from state to state. If your quotes seems to be high or unreasonable, just shop around with your local carriers.