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All Forum Posts by: Chris Pasternak

Chris Pasternak has started 29 posts and replied 347 times.

Post: Hello from Pittsburgh

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Hi Jamie,

Welcome to BP, I live in Pittsburgh and am also investing in the burgh.  I'm an agent with Keller Williams.  Let me know if I can help.  There are a few meetups here you can attend.

Post: How to calculate sales price for Duplex!!!

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

I got a lead from a DM campaign for a duplex.  As an agent/investor  what ways do you calculate a list price?  This would be huge for me to get this as a listing.  Thank you!

Post: FHA Loan On Property that already has leases

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

To my knowledge, and in PA, you have to honor the lease.  Not the answer you're looking for, however you could look at purchasing as an investor if its a sound investment that way too.

Also, without getting too involved, make sure you AND your girlfriend know its a business.

Post: Vacant Neighborhood Investment

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

No but this is a cool idea.  Has your builder come flrward with any ideas?  I assume it will be residential?  Hopefully your market IS on the rise!  Good luck

Post: What did you do when you felt like you were treading water?

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Thanks Andy.  Looking at past results and analyzing is something I haven't really put much if any time into.  This will help.  

Post: What did you do when you felt like you were treading water?

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

I have three properties. The latest acquisition was a SFR for myself. I purchased it a couple months ago and am still getting used to having the house to myself.

I used to feel like I was always ready to pull the trigger.  Now that I'm back to building capital I'm wondering what others have done when they felt like they were 'missing out' or 'spinning their wheels'.  

I have my license so I'm trying to get involved more with the client aspect of my business but I'm finding it difficult to find a balance between active clients and a full time job.

Any thoughts?

Post: Not sure how to handle tenant issue

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Thanks Jeff, good insight and appreciate the in depth response.  If it goes to court, I want it to be a slam dunk so I'll get this thing fixed and see if he pays.  

He would need to pay all previous months rents right?

Post: Not sure how to handle tenant issue

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Ok great thanks guys.  Bob, it's a bit warm out now for the furnace isn't it?  Elizabeth, you're right there is a proper way to withhold.  

Post: Not sure how to handle tenant issue

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Hello, 

Longer story-short, I have a tenant that put in a complaint about a furnace in March.  My partner, who was the PM at the time, who has since exited the picture, sent out a technician to repair the furnace.  Apparently the repair did not help.  Now we are here in May, the tenant is not paying rent because the furnace is brokebroke, and I'm stuck as the PM.  The bigger issue now is after an initial phone conversation with the tenant, I said I would get back to him with a repair time.  Since then, he has not responded to me.  I've tried calling him several times and texting now too.  No response.  Its been 2 weeks since I heard from him.  

He is delinquent 2 months rent and coming up in 3rd month delinquency.  

Should I try to send certified mail in an effort to contact him?  Start eviction?  What to do?  

Really sucks because my biggest mistake was a failed partnership.  Now I have to fix this mess.

Thank you for any words of advice.

Post: Any Agents working exclusively with investors? Or almost?

Chris PasternakPosted
  • Real Estate Broker
  • Pueblo, CO
  • Posts 365
  • Votes 302

Hello,

I'm a newer real estate agent with 1 transaction under my belt.  It was through an investor and I'm thinking about concentrating my efforts solely on attaining investor clients?  So I'm of course wondering if anyone has done this with great success.  

I feel I can help investors think about what if scenarios, provide a second set of experienced eyes on properties, open them to deeper analysis potentially.  

What are your thoughts?  Has anyone done this with great success or simple failure?  Somewhere in between?  Thank you!