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All Forum Posts by: Les Jean-Pierre

Les Jean-Pierre has started 24 posts and replied 359 times.

Post: Tax implications of waiving rent

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Yeah, I was not too optimistic. But, had to check. Thanks

Post: Tax implications of waiving rent

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Hi, I posted in the landlord section but this might be better. I am in the midst of an eviction and am considering waging some rent to end the matter. Is waiving rent  the same as a loss? 

Post: One Shot Deal Progarm

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Hi, Funny that you said you regretted it. I got a call yesterday from social services for a tenant regarding this program. They wanted me to extend her lease though. I said no. What conditions do they attach to these programs?

Post: Multiple Thermostat Sensors?

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Hi, I have something that might be what you are interested in. I have two residential units in a three story building. The thermostat is in the basement. I have two sensors in each unit. The sensors kind of average each other out and that controls the heat(which I provide). You do need wifi set up in the building. Direct message me if you want the exact model.

Post: How Many Yellow Letters do You Get?

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

It is a small property. Mixed use with two apartments. Three stories. Now, when I get calls, I ask if they have anything at a discount.

Post: How Many Yellow Letters do You Get?

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

What is interesting is my family’s building has fit some criteria that investors would want, low mortgage, long time owners but only one company has consistently sent out letters over the years.

Post: How Many Yellow Letters do You Get?

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

My family’s building is in Bed Stuy. Get one every quarter. But has slowed down lately. Think people are moving on to East NY.

Post: Forwarding address and Skip Tracing

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

If she leaves without paying rent owed.

Post: Forwarding address and Skip Tracing

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Hi, A tenant is behind on rent and I suspect will be trying to disappear from my rental shortly. Is there a way to track her down when she has her mail forwarded? If not, how about a good skip tracing service? Thanks

Post: shall I keep section 8 tenant?

Les Jean-PierrePosted
  • Investor
  • New York City, NY
  • Posts 368
  • Votes 82

Yes, the tenant is S8. I should note that when I first rented to her she was the only person interested in the apartment. Voila, the Brooklyn housing boom and now she is way under market. Now, I think this is more of NYC government being inefficient. If there were real consequences for her actions like being booted from the program, I bet she would have left by now. If it is a good buy, don't necessarily turn it down.