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All Forum Posts by: Ishmael Johnson

Ishmael Johnson has started 16 posts and replied 196 times.

Post: High water bill due to toilet flush leakage

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

@Umair Khalid

Just implement it the next time you update the lease, and state if there is a repair or issue that wasn’t recorded at the inspection and occurs in between your next inspection date and you weren’t notified it’ll cover you and possibly be determined as negligence.

Post: High water bill due to toilet flush leakage

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

I think you can call the water department and have them audit the bill. I’m pretty sure a lawyer can give you the legal side of this. Do you have quarterly inspections in your lease to keep the tenants focused on the conditions of their units ?

Post: Renovation with Tenant Occupants

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

How do you get tenants to vacate after the lease expires?

Post: Renovation with Tenant Occupants

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

@Victor Delgado Velez so when does that rent bump become effective, after the rehab is done in the unit ?

Post: Renovation with Tenant Occupants

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

My plan is to renovate the units to match the comps in the area. 

Post: Renovation with Tenant Occupants

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

@Michael Ablan

What if both units are occupied?

Post: Renovation with Tenant Occupants

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

Can tenant expenses for 203k loans include that in the budget, or even a trailer ?

Post: How should notices and late fees be handled regarding rent ?

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

@Scott M.

I’m am in New Jersey how can i get more info regarding this?

Post: How should notices and late fees be handled regarding rent ?

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

@Bob Okenwa

Is there specific wording or format i should use when sending the certified mail?

Post: How should notices and late fees be handled regarding rent ?

Ishmael JohnsonPosted
  • New to Real Estate
  • New York
  • Posts 196
  • Votes 29

My tenant has been late on rent since before Covid. She gets a portion of her rent from her church, not to mention it’s below market rate for her unit. She has a five day grace period from the 1st to the 5th.

How should i contact her after the 5th day and how should a late fee be applied and collected ?