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All Forum Posts by: Nancy Curran

Nancy Curran has started 9 posts and replied 279 times.

Post: First time landlord choosing between three tenants - Pacific NW

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

I would also consider if you pick up any utilities specifically water. Many more showers, more dishes, more laundry with a larger family.

Post: Long-term guest - I want him gone, wife doesn't!

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

You may think I'm kidding, and I am a bit, but I like to fight fire with fire. Therefore, I would move another RV on site with a woman in it. What's good for the goose....

Post: Tenant Quarrel

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

Julianne Moore just won the academy award for playing a lady who had dementia in her early 40's. I also just tell people to call the police. Once there was a noise issue and I sat down with all parties to work it out. It didn't really work...but you can try that if you feel like it.

Post: Background Checks without SS Number

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

I had a tenant with that situation and I just said the lease had to be in the person with a SS. So, essentially, the citizen tenant with the SS number had to be the "landlord" of the other one. If the citizen didn't want that, I would have said I didn't want it either but the citizen was ok with it and it worked out fine.

Post: Wear and tear vs. not wear and tear

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

Thanks everyone, I just wanted to see which way the wind blew on this board. Of course, everyone knows that judges favor tenants. And although Nancy Neville needs to screen better if she's got dead animals on her hands, her point is well taken that extra dirt isn't as significant as her problems. However, just because she has cancer, doesn't make my flu less awful. I have many "blessings" but an inch of greasy dirt isn't one of them! Thanks!

Post: How Do YOU Find Good Contractors?

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

Good contractors? What's that? I'm not familiar with that term. :)

Post: Wear and tear vs. not wear and tear

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

A tenant just moved out (a couple) after living in one of my apartments for about 4 years. Good tenants, paid rent, didn't complain much. When they left, I walked through the unit and they left it in pretty good shape--everything gone, swept, etc. However, when I really got in there I realized they didn't do a thorough cleaning the whole time they were there. The top of the kitchen cabinets had a half inch of greasy dirt. The baseboards were never wiped down. The vented door to the water heater was thick with dust. The shower door was dirty and full of soap scum especially on the bottom half of the door. I get wear and tear, and I'm generous giving back security deposits....but I decided to clean this apartment myself and it took me 10 hours. Is it enough for tenants to just sweep and wipe down cabinets or should I charge them for not cleaning better throughout their stay?

Post: Which is worse: having an eviction or a felony?

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

I would never go with an eviction, because they know the game now and all the players and they know that, at the end of the day, they get to live for free for several months. Also, eviction shows they stayed until the bitter end. I like what you did for the felony people. You gave the chance, but with consequences. Good idea.

Post: What are the downside to multi-family

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

When you have a SF, once they go, you have no cash flow if you don't relet it immediately. With MF, even if someone moves out, you have less cash flow, but still cash flow. I prefer multi families, after all, I'm in this to make money. Also, once someone's stove broke and I was able to move a working stove from a vacant unit. That kind of thing is convenient. You can put in laundry in the building and make money there. The thing is, sometimes the tenants don't get along but I encourage them to call the police on each other. The police are better than me at getting music turned down and once police are involved, usually everybody starts getting along.

Post: Asking Current Landlord to Lunch

Nancy CurranPosted
  • Real Estate Investor
  • Chicago, IL
  • Posts 286
  • Votes 159

Honestly, I'm not interested in having lunch or coffee to give tips. I just am busy. I'm not trying to be mean but I would not go. If I really wanted to talk to my landlord, I would call her/him, indicate you want to pay their rent in cash and could I come to their office to deliver the cash so I could get a receipt. And when the landlord says "ok", also ask if you could bring a coffee for him and spend 10 minutes talking about the landlord business. Just my 2cents.