All Forum Posts by: Bob B.
Bob B. has started 10 posts and replied 1536 times.
Post: lease renewal or extention form

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
I have a one page addendum that serves as a lease extension with a small monthly increase. Just had a Judge ok the extension on a small claims case.
Post: Taking a Hummer as a down payment?

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
If you want a Hummer have him take it to Carmax and get it appraised. That would be the max I would allow.
Post: Screening for booze abuse?

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
Provide the tenant with several fire extinguishers.
Post: How to break a lease?

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
What does your lease state about early termination?
Post: 100k profit on 1st flip- now what?

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
I'd set aside any taxes you will have to pay and then keep flipping.
Post: Tenant didn't sign lease

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
It's easy to say but hard to do "your first loss is your smallest loss"
Post: Tenant didn't sign lease

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
She will be a PIA tenant if you let her stay. Send her a notice to vacate and find a good tenant. She shows no respect for your ownership of the property she is occupying and it will not get better.
Post: I’m 17 and don’t want to go to college

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
@Jeffrey masessa College isn't for everyone but I'd recommend you at least learn a trade.
Post: Atlanta Flipping

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
interesting
Post: Broken Lease Fees......

- Investor
- Jasper GA
- Posts 1,581
- Votes 1,494
I charge 2 months rent and the house needs to be in move in condition. The tenant(s) need to give me written notice 30 days in advance. Just received a judgment under these terms and no issue from the Judge except he asked how long it took to re-rent the house, 45 days.