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All Forum Posts by: Peter Sik

Peter Sik has started 62 posts and replied 134 times.

@Dale Taylor sent you PM. I finally find a good PM in this area.  

I have no relationship with any of PM. 

Post: Low credit score but with co-signer

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

This property posted in market for about a little more then a week. And this is the first applicant i received. The last tenant lived in this property 6 years and end up I need to spend ten thousand to repair everything.  A low credit score person means he/she is not a neat person (may be I am wrong in some cases) but i guess is right in general.  And I'm afraid the property may require high repair fee after the tenant moved out if that person is not neat.

Thank you all of the opinions. And I learned something about the co-signer. The decision is no to this applicant.

Post: Low credit score but with co-signer

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

@Brian Adzadi Thank you for your reply. Yes, she is fine except her credit score and the unknown any eviction case.  And yes, she has a co-signer that will cover her low credit score. I also need to ask my PM to make sure, is it mean only 2 persons live in there. One minor and herself. 

I like to take care my properties myself and do a face to face interview and see how she dress in order to get the feeling on how neat she is but I am living in oversea now. That's why all my properties are handling by PM.  

Post: Low credit score but with co-signer

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

I don't have much experience to determine if this tenant is good. So, post here to see what do you think. I got this email from my PM, and i think her credit score is too low but she has co-signer.  Other then that all looks fine.  For a normal working person, it is not easy to reach credit score so low like that. So, I prefer to say no. What do you think? Also, I will need to ask any eviction before.

------------

Her name is xxxx, she has a 529 credit score with 25 total accounts, 19 are open and 5 are negative. She is an accountant for yyyyyy. and has been there for the past 2 years. She makes approx. $4,160 a month. She has a co-signer with a 725 credit score with 45 total accounts, 28 open and 0 negative.

NOTE: There will be one minor that would be living in the home.

xxxx is currently renting and has been there for four years with no late or missed payments. The Property Manager stated she is a good tenant.

xxxx does not have any pets and is willing to do the 2 year lease, as you requested. We have also let her know that she will need to pay a double deposit.

------------ 

I have a rental property SFH in CA, does the law required to have blinds for rental?

Post: circuit beaker trip twice

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

I would like to go take a look myself but I live far far away. So, I leave me choice to tell PM asking for electrician to go there. 

Post: circuit beaker trip twice

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

@JD Martin I am not sure it is the individual breaker or the main breaker. as you said, either way. electrician needs to go there first.

Post: circuit beaker trip twice

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

Yup.. Just sent msg to PM sending an electrician to there. Hope this can be fix asp. So that I can be worry free.

Post: circuit beaker trip twice

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

@Deanna McCormick @Larry Turowski  Thank you for the advise.

I know there are many reasons that can cause the circuit breaker fail. Overload can be one reason. Damaged cable, lose plug, water in circuit board, electronic parts is too old......   I will tell PM to send a electrician to there and I pay for the bill. Then if this is their responsibility, I will tell PM to remind the tenant 'tenant is responsible to reimburse for service calls not resulting from material defect or normal wear and tear (i.e, if it is the their fault)." I think this way, everybody is happy. 

Thank you for your help.

Post: circuit beaker trip twice

Peter SikPosted
  • Los Angeles, CA
  • Posts 134
  • Votes 15

I have received the following msg from my PM:

"We have experienced our fuse box trip twice while no one is home- with little to nothing turned on. This is becoming worrisome considering we have kids and dogs in the home and it’s a fire risk. Can we please see if an electrician come look at it to make sure everything is okay? "

I have 2 solutions:

1. Tell the tenant to unplug all the electronic applications connecting to this circuit beaker. If the breaker still trip then it is my responsibility to fix this issue. Otherwise, tenant take care the electronic applications issue.

2. Tell the tenant, I can send a electrician to there for a checkup. If found out, it is the breaker issue, then I pay for the bill. If it is electronic applications issue then tenant pays the bill.

I have no experience on electronic, want to hear what do you suggestion? Thank you