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All Forum Posts by: James Herbert

James Herbert has started 7 posts and replied 16 times.

Post: Eviction of current tenant from REO purchase

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3

Thank you Nathan, you also have a great website. 

Post: Eviction of current tenant from REO purchase

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3

Thank you Brian, it was at an attorneys advice that I tried to get a new lease. He told me to date it May 1, forgiving April rent. The point was to not be responsible for any security deposits. This attorney is a landlord as well, I like attorneys with skin in the game. 

Should have been common sense to take pictures, I was so shocked by the conditions that I forgot about pictures. 

As for maintenance, letting the water run until the cabinet and floor are rotted, I call that neglected by the tenant. 

All in all good advice and appreciated, thank you

Post: Eviction of current tenant from REO purchase

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3

We are about to close on several properties in Oklahoma. They are REO and some are vacant and some have tenants. We have knocked doors to be proactive and attempt to get them to sign a short lease ( No security deposit is being transferred we are attempting to get a short lease with security deposit lined out so we will not be responsible for it.) While doing this we have run across a tenant we want to get out ASAP, Basement was flooded, sink faucet was leaking big time. Cabinet and floor in from of sink need to be repaired/replaced. Mold starting to form in the basement, daughter was sure to point out the mold. How do we get these people out quickly and mitigate any potential mold issues from them?

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Post: Property management software suggestions

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3

Thank you John, I will look at it

Post: Property management software suggestions

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3

Thank you Kyle, I am leaning toward rentaloutions, I will look at PropertyZar. 

Post: Property management software suggestions

James HerbertPosted
  • Rental Property Investor
  • Broken Arrow, OK
  • Posts 16
  • Votes 3
Has anyone got any experience with Buildium or rentaloutions? Pro’s and Con’s any other suggestions? We are purchasing our first 5 SFR and would like to automate and keep this as easy as possible. Feel free to comment Thank you
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