All Forum Posts by: David Stone

@Russell Brazil was their goal to create a massive list of (now) material facts to destroy your listing? Seems shady!

My point was more about if the rule was in place to begin with and if the tenant felt they were being dealt with fairly.. which could explain the way they responded. I do agree with charging more for pets but honestly have never separated puppies from grown pets.  I will be looking into this in the future for my own business :)  

@Ludmila M. That makes sense and I don’t think you should have different policies for different houses, that only opens you up to possible discrimination. Do you have your pet policy posted somewhere where prospective tenants have access to your rules prior to applying? The tenants could be upset because they feel new rules are just being thrown in that they weren’t aware of. If they were aware of (or had reasonable access to) your pet policy, then they have no right to complain and you have no obligation to budge.

Cash for keys would not involve the sheriff. If they go for it, it is probably the best strategy to avoid a lengthy and expensive eviction. Wishing you luck!

If they were paying for a pet and replaced it with another pet, why not just make it a wash? Unless it is written into the lease, I do not see how you can charge them more for a puppy.  If it is written in, then they agreed to it and it is completely acceptable.  I am all for charging more for pets as they tend to damage houses, but I don't find it necessary in this situation.  Best of luck however you choose to handle this issue! :)

@Svetlana Helms What are you looking for? I’m a licensed agent in Washington state and investor in the Grays Harbor area. I could help you get familiar with the area :)

In Aberdeen, a city in Grays Harbor County you need a business license.  The remaining towns in Grays Harbor county do not require any business license or inspections.  Where are you looking to invest?  I would narrow down where you are looking to purchase property and research the specific city/county.

U.S.P.S and Posting Notices on Doors are my two favorite besides Google Voice :)

Either call their bluff and present an offer that works for you or back out.  Don't let their words dictate your actions.  The seller broker's job is to get the best deal for the seller, not you.  Good luck!

We've been pulling equity to fund the down payment on another rental property but you really need to look at your numbers and make sure, even with fluctuations in the market, that you will have no problem cash flowing both properties, otherwise it would not be a good move.  Possibly, instead of funding a full 25% down purchase with those funds, search for off market deals where you could use that money to fund multiple deals.