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All Forum Posts by: Kyle Coleman

Kyle Coleman has started 11 posts and replied 50 times.

Post: I've Found an Agent. So What's Next?

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25

I agree with Michael, but I also think it's extremely important to act as well. I got stuck in analysis paralysis before my first deal. I was so scared to get burned that I just sat on numbers for 2+ years. 

Post: Termite Contract Question

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25

Hello all,

I have an issue with a property that has termite damage, it's under contract and had its 5-year inspection done less than 6 months ago.  The termite damage occurred about 7 feet up the wall; which is an outside facing wall.  The termite company said there was moisture (they did the moisture reading after they sprayed a whole can of foam, not sure if it matters) in the wall so it wasn't covered because there was no visible trace of termites on the soil outside (there is a brick privacy wall that butts up to the house).  I'm curious if this is something that I should try to fight them on, and if I should - which route should I take? 

The owner of the termite company came out personally and said they would not cover it. It's not a ton of damage, so it shouldn't be that costly to fix it - but what do I have a termite contract for that doesn't cover termite damage? The location that they are saying they came in, should have been a treatable location in my opinion.

Looking for opinions if anyone has had a similar issue.  No moisture was found in the attic, which is the closest spot to where they were found. 

Thanks!

Kyle

Post: Syndication Pitch Book/Pitch Deck Examples

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25

@Mark Allen I too would love to see an example.  Much appreciated!

Originally posted by @Donna Sommers:

@Kyle Coleman hi there. Donna from TenantCloud support is here. Please, check your support ticket at TenantCloud, your response awaits you.

 Great thanks Donna!

I just responded to the ticket.

Originally posted by @Aaron McKenzie:

I found the software a little too buggy for my liking. I am using Cozy.co for now. The application process is easy for the tenants and there is no fee for accepting rent online.

 I'm starting to think cozy might be a better option. If I can't get this figured out come next rent cycle, I'll be switching. Pain in the butt to move everything into TenantCloud - and then for it to not work.

Hello All,

I'm trying to use TenantCloud to manage my properties, however; I've run into an issue with "moving in" a tenant (or group of tenants).

I've already created a ticket with the TenantCloud group, but they haven't responded in over a week. 

The problem that I am facing is when I go to move a tenant in, (I have the contacts already created), after going through the "lease" process, once I hit create lease at the end - it just saves as a draft and does nothing. I've tried everything imaginable to work through this.  The big issue is that it doesn't seem like I can accept payment through Dowalla without combining a tenant to a lease as far as TenantCloud is concerned.

Anyone have any tips, am I doing something wrong? 

Post: Background / Credit check and when

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25

This particular instance is a couple (man and wife) and a family member (niece).  The niece is going to the near-by college, and the husband is paying all of the rent. 

Additionally, if I were using tenantcloud - is there a way to run background checks on extra people on the lease without them "applying" for the property?

Post: Background / Credit check and when

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25

Hello BP,

I have a pretty simple question, do you guys require all persons over 18+ to be on the lease (I do), and do you run background / credit checks on all of them, or just the people or person paying rent?

Thanks!

Kyle

If you use tenantcloud, it automatically lists your properties to the following.

  • Zillow
  • Yahoo!
  • RentBits
  • Walkscore
  • RentJungle
  • Rentenna
  • Zumper
  • MapLiv
  • RentMatch
  • Trulia
  • FrontDoor
  • AOL Real Estate
  • LiveLovely
  • Enormo
  • Oodle
  • Military.com
  • Facebook
  • BackPage.com
  • HotPads
  • MSN Real Estate
  • ByOwnerMLS
  • Vast
  • Trovit
  • Geebo
  • Yakaz
  • MyNewPlace

I've just started using it, but I've got a lot of inquiries so far.  I also post on craigslist.

Post: How to deal with pets

Kyle ColemanPosted
  • Baton Rouge, LA
  • Posts 58
  • Votes 25
Originally posted by @Kimberly H.:

Anyone trying to argue with you on your lease terms I would pass on. That being said, I have never heard of a non refundable amount charged being that high.

 It may have been, honestly its because I was nervous about having pets in the first rental I ever rented out.  I set it to something that I thought very few people would pay unless they were really keen on living there. I didnt really want to rent to animal owners, but I didnt think I should rule it out completely.  However, $25-35/mo per animal in my area is fairly common.  Just the fact that I was asking for it up front was a little different. 

I think i'm going to scrap renting to pet owners all together and not have to worry about it.