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All Forum Posts by: Andrew S.

Andrew S. has started 51 posts and replied 1006 times.

Post: Bed bug infestation from previous tenant...

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Jack B.:

It's a single family home and the inspector searched every square inch of the place and found ZERO, let me say again ZERO evidence of bed bugs. Not eggs, not even poop, which he said is always left behind and hard to get rid of. Not one shred of evidence. Scammer tenant. If they pipe up again about this crap they will be asked to live with the quickness....

 Good for you!  Sounds like you dodged the bedbug bullet - now you can focus on the tenants...

Post: Bed bug infestation from previous tenant...

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Jack B.:

At this point, I'm really debating whether I want them out of my house. They seem really finicky. I should have seen the signs. His wife asked me about bugs during the tour, and now she is telling me she is an extreme germaphobe...They thanked me for fixing their FIRST issue. 

This tenants screams IDIOT and TROUBLE to me.

 I assume there is a valid lease in place?  If so, you can't just "get rid of them" - being an idiot and trouble is not a lease violation.

You are doing the right thing by bringing in an expert to determine presence/absence of bedbugs.  Then you can decide on next steps.  Note that if you really do have bedbugs, you generally hold very weak cards in front of a judge.  You will have to bite the bullet and get rid of them, no matter what it takes (and it will VERY likely take a professional treatment).

Post: Offer accepted on 16 units, now what to do for financing?

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Jim Wilder:

Well, number crunching shows the following:

Maybe its not such a good deal after all, depending on my down payment.

Seems 3.5% is way too low for a commercial loan

Post: Dealing with trees

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708

@Derrick W.   It sounds like you are contemplating the purchase of this property and don't already own it?  In that case, work the numbers for removal into the deal and if it still makes sense, go ahead, if not, walk away.  Dead trees of that size on your rental property are unpredictable and very dangerous to the life and property of yourself, as well as your tenants and are a huge liability.  Do not just ignore it - they have to go!  It's part of doing business.  

If it's any consolation, our entire city is built into the middle of a forest, so ALL my properties have many, many trees.  You are absolutely correct.  They are beautiful, and sometimes they die, and when they die, they tend to get expensive (and, unfortunately,  I have invoices north of 15k over the past couple of years to prove it....).

Post: Tenant Bed Bug complaints but nothing found on inspection

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Robert P.:

To add a bit to the plot.  The tenant said they've already had someone come out and do treatment (which I was unaware of and never authorized) and said they paid.  Initially I thought maybe they were looking for reimbursement.  Something is fishy with this.

 I know you will not like to spend another 100-150 bucks on this, but there are bed-bug sniffing dogs that are supposedly much more reliable than just a visual inspection by the Orkin man.  They will issue a certificate that says "no bedbugs present" (if there really aren't any).  If you do have the bugs and go ahead with treatment, then you bring back the dog afterwards, and make sure the bugs are gone.

Realistically, unless you have such a certificate, you can't really prove that the bugs were not there when the tenants moved in and so, for all intents and purposes, you are stuck dealing with it and footing the bill (unless the tenants volunteer to split).  I had a case similar to this - was almost 100% sure the tenants brought in the bugs, consulted an attorney, and still ended up letting the tenants out of the lease and treating the place on my own nickel.  The key point my attorney made was that bedbug cases are a relatively new problem (they got almost eradicated during the DDT days, but then slowly bounced back since the DDT ban), so courts/judges are quite unpredictable and often end up siding with the tenant.  I think a "bedbug and vermin amendment" will not do much good, unless you have the place certified (by the bug-sniffing dogs) before every new tenant moves in.  I very seriously considered this, but the cost is obviously significant.  So far, I have not had another problem (knock on wood!)

Post: Inherited tenant that needs to go

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Andrew Bjorklund:

@Thomas S. I appreciate the input. I may just non-renew his lease but give him some extra time to move out. On one hand I feel like if we give him additional time he may take advantage of that and push it out. But that might happen anyway, so I'm starting to lean towards just giving him 20+ days (assuming we close Monday and I notify him to be out by the end of the month) to be out. 

 You definitely need to consult your local laws and, most of all, the existing lease.  m2m doesn't mean you can kick him out in 20 days or less in most cases.  Typically, the lease will spell out terms such as a notice period (often 30 days or even 60 days).  Sometimes, you'll have terms such as termination dates (i.e. lease always runs through the end of a month).  So, for example, if you have a 30day notice and the lease runs through end of month then the earliest you could get out the tenant would be the end of the month following the month you give notice, or maybe even the month after that, depending on how the lease is written.  You will have to comply with whatever the lease spells out.

I definitely agree with GregS and others: no need to offer cash for keys upfront.  Just terminate the lease according to the terms, and chances are they'll abide by the contract and go.

Post: What PEST is THIS?????

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708
Originally posted by @Atwan Kwan:

@Andrew S. so, it's not like some hygenic issue that attracts them I can address? 

It's just an unavoidable random pest like spiders and ants?

 Exactly!

Post: What PEST is THIS?????

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708

@Atwan Kwan

There are pesticides you can apply that work well for centipedes, but if you only see one or two of these occasionally, you can set out some glue traps and that will more than likely do the trick.  

example: https://www.amazon.com/gp/product/B003ORTFH0/ref=o...

If you have a lot of them, try sealing cracks in walls/outlets/etc and keep the humidity below 50% (these fellows seem to prefer moist climates, in my experience).

Post: Agent Does Not Want to Provide Comps

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708

you need a new realtor

Post: What PEST is THIS?????

Andrew S.Posted
  • Investor
  • Raleigh, NC
  • Posts 1,048
  • Votes 708

These are house centipedes.  Not particularly dangerous and usually pretty shy.  They are VERY fast moving, so hard to catch.  

https://arthurevans.wordpress.com/2010/03/21/house...

@Atwan Kwan