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All Forum Posts by: Account Closed

Account Closed has started 10 posts and replied 57 times.

Post: Inherited Tenants Don't Speak Much English

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
There's an app for that, assuming they have a smartphone. 3waytalk phone translator 55 cents a minute

Post: When to Get a Lawyer Involved

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41

I should think paying a real estate lawyer $800 to write up a lease for a property I intend to hold and rent for years would be cheap insurance, as would having them review it every couple of years. I know I'd sleep better at night, and that's worth gold to me.

Post: No remodeling/updating projects worth it?

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
He's saying those prices are too damn high. Replacing the shingles on my 1300 sq ft SFR is about $8000

Post: Tenant Refuses Stove - threatens to withold rent

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
Sounds like you're stepping onto a tightrope. You want to perform to the letter of the law while behaving professionally cold to the tenant. With some luck she'll remain irrational and withhold rent, giving you the opportunity to evict. Talk to a lawyer.

Post: Security camera for vacant property

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
Simplisafe has been recommended in other posts on BP

Post: American Homes 4 Rent

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
I've been reading more about them. Mostly complaints from renters. I'm wondering how long they can keep it up. I'm also concerned that, since they own many properties in my neighborhood, my HOA might turn against allowing rentals. Finally, I'm wondering if anyone sees opportunity in their eventual crash and burn?

Post: Install Shower Caddy?

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
Not *to* hijack...the thread, I mean.

Post: Install Shower Caddy?

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
Not hijack, but what about a glass shower door where there is only a curtain now?

Post: Planning to a get a van

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41
There's a happy medium between driving an $8,000 clunker and a $40,000 new van. Subscribe to Consumer Reports and check the ratings for used vans. IMO, the newest you should ever buy is two years old.

Post: What's the modus operandi of the best agent you know...

Account ClosedPosted
  • Rio Rancho, NM
  • Posts 57
  • Votes 41

...and what do you think they could do better?

To me it seems like there are a lot of real estate agents...and a lot of bad real estate agents. I've decided to be a real estate agent and investor, but I want to be good at it, of course. What are some important things that make a good agent? Is the car they drive, the (too much) perfume or cologne they wear, the beehive hair doo or the waxed moustache, how much they smile?

I know it's none of those things. But, what is it?

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