Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Henry T.

Henry T. has started 21 posts and replied 1588 times.

Post: Increase in property taxes

Henry T.Posted
  • Posts 1,603
  • Votes 1,074

If your property went up in value, overvalued, more than surrounding properties, you should contact your tax assessor and get the forms to  file an appeal. If you have no experience, you can probably hire someone to do it for you. 

Post: Home inspector says deck isnt up to code .

Henry T.Posted
  • Posts 1,603
  • Votes 1,074

I sold a house two years ago. Similar thing. Home Inspector says deck is not up to code. Today requires lag bolts, whereas 100 years ago it was 20D nailed. Of course, the house is priced accordingly take it or leave it.  Your guys' agent should have slapped him around a little and nicely informed him that he's nuts.

Post: Evicting During Winter Months

Henry T.Posted
  • Posts 1,603
  • Votes 1,074

Here I am. No fun Henry :)    Actually eviction is illegal in Seattle during the winter months. Also illegal for the entire school year, if the tenant has kids in school.  This is the west coast mindset. From my perspective this is the end of mom and pop rentals. Only large corporations can withstand this kind of risk. I personally would have no problem evicting during the winter. A service is provided, you must pay for it, period. Start sending the proper notice allowed by law. Be firm and follow the law, don't let her fall further behind.  There's only one person that I would allow rent free, and that's my mom.

Quote from @Ian Krysztofiak:
Quote from @Henry T.:

It's a fair proposal, but I would have headed that off quickly and said no in the first place. They're nothing but problems. 


 Never had a problem with mine at my personal residence then again I'm sure tenants run it hard.


 You'd be amazed at what a toy truck can do. They don't care and they'll say its your fault putting their child in danger.

Post: Moving Rental Property Into Revocable Trust

Henry T.Posted
  • Posts 1,603
  • Votes 1,074

If the purpose is to avoid probate, then everything should be in the trust. Bank accounts, stocks, all assets. Anything that isn't will be pita for any heirs or trustee to deal with, which is why there is usually a backup will with any estate planning. Forget the LLC. My 2 cents.

Make sure you call an "eviction" attorney, not just any old attorney(big mistake). Call a bunch of them and ask them to take you thru their fee structure. Don't even think about trying this yourself.

It's a fair proposal, but I would have headed that off quickly and said no in the first place. They're nothing but problems. 

Post: Convert garage w tenants

Henry T.Posted
  • Posts 1,603
  • Votes 1,074

You could try something like this....

Dear Tenant,  Since we are now on month-month terms there will be an upcoming change to the lease. This property will be changing to a shared property. What that means is you can stay in your residence and I will be taking over the garage (the property will be split at x point??) for my personal use and upcoming reconstruction. Though a rent increase is over due, due to this change we are willing to leave the rental rate the same for the present time. Thank you for understanding, and we very much appreciate your tenancy.

For property security reasons, please send me a photo ID and your number, I'll be happy to call you and set up an appointment after I talk to you and go over a few pre-screen questions.