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All Forum Posts by: Jane S.

Jane S. has started 112 posts and replied 490 times.

Post: PleaSE Help me decide if I have to remove a vinyil sheet floor

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

I want to install Pergo laminate in the living room and kitchen of a rental but everyone says something different about how to level the different heights of the floors. Do I pay to rip out the vinyl, who would do that? It’s on a wood subfloor which is on the original subfloor, I guess. Anothr person told me that the vinyl whill shatter into tiny pieces when it is pulled out?

The living room that opens into the kitchen has original hardwood, and an experienced flooring expert said “You can lay pergo right over that”. Fine, but I dont want an ugly transition between the 2 rooms. That is such a huge dirt catcher. Another guy said he can “shim” the Pergo to raise it to the height of the vinyl without removing the vinyl. 

My problem is I had to evict the horrible tenants and the damages they did to the house have exhausted my funds. However I had planned to rehab the LR & K floors anyway. 

Tempted to return the 27 packs of Pergo to Home Depot and just carpet the living room and scrub the kitchen floor, which is pretty darn filthy from the pigs.

Never encountered such an issue in all my rehabs. Thanks in advance for any tips. 


Post: Advice on writing a contract with a handyman/remodeler

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Hi if any of you are willing to share a sample of your contracts with folks who do updates to your properties it would help I usually forget something important. I dont want to pay my attorney he had a long European holiday on my dime. “You're welcome”

Thanks.

Post: First Purchase Neighborhood Advice

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

I just read your post again, the main house is only 1500 sq ft. What rent might be like when you move out is a real mystery!

There is ALWAYS another property and I think you should find another realtor. He seems to be spouting old hat canned advice. Be your own detective, get the FACTS just the facts!

Here’s a thought why dont you take a big dog for a walk and visit the homeless camp to chat with them about the nhood. Thats the first thing I would do. You may find they are just down on their luck cuz its so expensive to live there. Also they have nothing else to do but watch whats going on in those streets you may be enlightened in a way your realtor can’t. Good luck. If you were my son I would discourage you from doing this freaky deal. (HOW long was it on the market?)

Post: First Purchase Neighborhood Advice

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Its true every nhood is unique but did you research comp rents around your target? Your zero down is scary for such a big loan. It wont cash flow till you rent it i hope you have another source of income.

Also you are getting a sitting tenant. Have you seen their lease with the seller? What happens if they decide its too high priced for the 1200 sq ft? Here in Colorado thats the limit for ADU as well. 12 by 12 not a great place to be quarantined.

You need to do more diligence on this otherwise it will bankrupt you. What are you doing with your current primary residence?

The homeless camp doesnt worry me but all the other facts you haven't nailed down are a concern. However congrats on getting this huge loan on what is really just a 3-bed.

Post: First Purchase Neighborhood Advice

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Its true every nhood is unique but did you research comp rents around your target? Your zero down is scary for such a big loan. It wont cash flow till you rent it i hope you have another source of income.

Also you are getting a sitting tenant. Have you seen their lease with the seller? What happens if they decide its too high priced for the 1200 sq ft? Here in Colorado thats the limit for ADU as well. 12 by 12 not a great place to be quarantined.

You need to do more diligence on this otherwise it will bankrupt you. What are you doing with your current primary residence?

The homeless camp doesnt worry me but all the other facts you haven't nailed down are a concern. However congrats on getting this huge loan on what is really just a 3-bed.

Post: knew owner, do i tell the old tenants to ditch the jungle gym?

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Check with your homeowners insurance they probably wont allow it.

Also her comment “paying for the yard” is idiotic.

“Old” owners have a frightful habit of “letting tenants do whatever” …

Im sorry for you that you are getting a horrible experience with legacy tenants. I will NEVER purchase a property with sitting tenants I dont care who they are the seller has to deiver empty prop at closing.

Good luck with this “thinks shes an owner” probably will withhold rent until you let her have her way

Post: How to find out evicted tenants new address?

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Thanks, Eric

Post: About to Collect On a Judgement!

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Love the result with that scumbag! I like my tenants to be “scared” of me…

Post: How to find out evicted tenants new address?

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

I’m relieved the eviction went smoothly, the thieving tenants were gone but left a literal ton of items.

They got 3 months free rent and owe me for expense of disposing their junk and making property rent ready. Its about $6K, that is if they didn't break the sewer line with the “feminine items” they were flushing that caused repeated blockages.

I plan to sue them in small claims but there must be some way to track their new address.

Is there a way to use “skip tracing” to find them? I don't think they are still in their jobs. I have their SSN’s and other information.

The Sheriff’s deputies omitted explaining quite a bit of facts about what I needed to be aware of so if you have the bad luck to evict, make sure you talk to as many experienced people as you can. I also hired the wrong attorney.

I hope I never have to survive this again. I hope you never have to.

Post: Anyone do their own property management?

Jane S.Posted
  • Flipper/Rehabber
  • Colorado Springs, CO
  • Posts 499
  • Votes 167

Its 50-50. Tenants MUST report any problems and they agreed via their lease to pay a set amount in any month to cover their damage. I use the sec deposit for paint and wear and tear fixing, my property manager does those. He's the greatest. He's also my broker.

I am getting to the point where i might require a visit to their current rental if not more than 20 miles distance. Landlord comments are mostly BS. If they self eliminate i’ve got my answer and i saved time.

Applicants who have always rented have learned how to manipulate LL’s, they can be very convincing while lying like T****.

OUT OF state applicants will show you fake photos of a lovely apt they are moving out of. Way above their finances.

I plan to tighten up very hard on my pre-approval questions since i heard they are creating their own “paystubs”.

Also a personal call at their “workplace” would be far better than an eviction! I will get their permission just to rattle their cage. (Who let them out?)

Just a note,I started an eviction on Nov. 15 2021 and finally got on the schedule for the sheriff to evict them Feb 3 2022 so think twice, it was my first and ONLY eviction … better to have a vacancy than deal with the law.