All Forum Posts by: John S.
John S. has started 2 posts and replied 6 times.
Post: Possible abandoned property procedure in CA

- Investor
- San Jose, CA
- Posts 6
- Votes 0
Final inspection and move-out complete. All items removed, inside and out. What a relief.
Thanks again.
John
Post: Possible abandoned property procedure in CA

- Investor
- San Jose, CA
- Posts 6
- Votes 0
Chad,
Sorry for the late response.
I like that solution. Taking it a step further, "any items left behind by tenants, may be discarded by the landlord"?
What do you think? (legal disclaimer considered)
Post: Possible abandoned property procedure in CA

- Investor
- San Jose, CA
- Posts 6
- Votes 0
Nathan,
Thanks for the feedback and the link to Nolo.
I will be adding a statement to the pre-moveout inspection document to cover the removal of all the boxes/items they stored on the patio for the last 5 years.
Thanks again
John
Post: Possible abandoned property procedure in CA

- Investor
- San Jose, CA
- Posts 6
- Votes 0
After 5 years+ my tenants have given their 30-day Notice.
They have had items stored outside under a patio the entire time. I am concerned that they may leave these items behind for me to deal with. Is there any proactive action I can take to highly discourage this abandonment or will I have to take the steps for abandoned property? ( tenant notification, newspaper notice, and public sale )
What can the landlord do if there are items left over from the sale?
Post: Problems purchasing multiple replacements using 1031

- Investor
- San Jose, CA
- Posts 6
- Votes 0
Thank you Joshua. These are new to me. I will be doing research on this stradegy.
Post: Problems purchasing multiple replacements using 1031

- Investor
- San Jose, CA
- Posts 6
- Votes 0
First post on BP.
I have a mortgage free San Francisco south bay SFH. I am thinking of using the 1031 and buying multiple replacements in out-of-state market(s). I am planning on, but not feeling real comfortable with the idea of, using a turnkey company to acquire the replacement properties. I guess I am leaning this way because of the "one stop shopping" can provide an "acceptable inventory?" and minimizes the cost/time limits of the 1031 process.
I have no experience buying properties long-distance in a specified time frame. Are there other options that would make my 1031 a success without using a turnkey company?