All Forum Posts by: Henry T.

When I go home I want to take less stuff, not more.

Isn't this part of the biz?  For every good one there's a potential wacko. You're doing a lot with 5 doors and working. I've been there x 3. But I really can't take it anymore, and have reduced significantly.  In older times a strategy might be to rent to older, more "life experienced" tenants.  If things got heavy I would tell them to follow the lease and send their complaint officially in writing, and I will respond accordingly,  usually that ended it. The problems with texting is people expect immediacy. If its not one of the 3 emergency's, forget about it.  Maybe they'll get so angry they'll just leave. Sometimes that's best.  As for the garbage, nothing you can do until screamer gives you proof to go on. (if this is in fact your job to remedy).Then send the perp a note to knock it off.

Congratulations that she's gone. She is entitled to a copy of any receipts/charges that you used for deduction. Other than that,  stop talking to her. It's small potatoes. If she wants to play in small claims court and waste everyone's time you can't stop her. Keep it simple and keep your documents ready. If she does file against you, file a  counterclaim for the REAL cost of the damage and FULL replacement and restoration. Get a couple estimates materials and labor. This may give her pause. Or.......give her everything she asks for and she might go away. But she'll do it again at the next place.

Your dads previous eviction cost probably wasn't 10k. Most of that was probably what the tenant should have paid (lost rent). Find yourself an "eviction attorney". It may cost you a few hundred, and if it goes the full distance maybe up to 2 or 3k.

Don't let this go on any longer, get an eviction attorney now! Today!  Call around and get some prices, they should be very up front, even having a rate sheet. Hopefully you have "power of attorney" so you can speak for your dad.  Take pics, document everything.  You're wasting time and money. Raise the rent and get someone decent. Get this bum out!

Do you pay PMI? You might want to increase payments until you can eliminate PMI.

Your payment will never go down no matter how much you add. In fact, with ever increasing property taxes, expect your payment to increase.  But the length of your loan will eventually shorten if you add to it.

Start a money market fund account with Schwab or Vanguard and save at 5 or 6%. You'll have the cash in an emergency, and when you have enough,  pay off the house at once, if that's what you want.

No No NO.  Hold back 20k if you're considering this. But I would not do it. The house closes when there's a walk thru and its confirmed that you're OUT!

PA is a just cause state.

Tenant broke lease, non payment of utilities.

You served 30 day notice.

Tenant didn't vacate. Tenant still there?

Next day, have your attorney serve a summons of unlawful detainer. You're taking them to court.

Stay away from all west coast states.

Idaho