All Forum Posts by: Robert Vorhies

Simi Valley, CA home for sale

Off market

4 bed 

1.5 bath 

1250.sqft home on about 7840 sqft lot, for sale with tenants still in a 1 year agreement.

Room added in garage

10'x8' shed on property.

HUGE OPPORTUNITY!!! fix and flip in Maricopa Arizona

Huge Opportunity!!

EASY Fix & Flip!

At this price this will go fast.!!!

Dont miss this opportunity....

$432,599

AVR $555,000

- 4 Bedrooms

- 3.5 Bathrooms

- 2007 Year Built

- 2,354 sq.ft.

- 70,153 sq.ft. Lot (1.6 Acres!!)

✨ Horse Property

✨ New 5 ton AC (2022, per seller)

✨ 3 Sheds (2 have electricity)

✨ 3 Car Garage

✨ Fully Fenced/Gated

💥 MODEL MATCH NEXT DOOR SOLD FOR $555K!!

*$5,000 non refundable, no inspection period, and all personal property left by seller will convey and be the buyers responsibility at closing.

@Lauren Kormylo

It's more of pet rent $50 per cat.

@John Teachout

I do have a pet provision. He is in violation of the contract. That is why I am doing a $200 rent increase verses a $100 annual increase.

The property is in California market. The rent in the area is about $3000 per month he is currently paying $2195 which is way under the median price for this area.

No the lease is up for renewal every year at this time. That is why it is a issue for me whether to even renew the lease and if I should put any increase at all.

He is a good tenant that pay on time every month.

@Kirk R.

I could do nothing. He is paying rent.

The lease would just default to month to month.

My tenants lease agreement is up for renewal on May 1. I need to send him a new annual contract with the annual rent increase by April 1st.

With all of this Covid-19 craziness going on and fear of tenants of not paying is it a good idea to increase the rent?

Or should I postponed the contract renewal?

I was going to increase the rent by $200 instead of the normal $100 because I found out he had 2 cat.

I would like to know what everyone is doing in this situation.

Thank you

Robert

@Larkin Adey

Cats smell and it is hard to get the smell out of the concrete if they pee in corners.

@Greg M.

Very interesting I was not aware of the 2x rent for security deposit.

He is a good tenant I don't want him to leave, but his rent is way under market and I just started to raise his rent last year 5% and I will raise it 5% on the next lease renewal.

Can I raise the deposit to what 2x his current rent? Or I just have a deposit from what he paid 4 years ago?

I mean can you increase the deposit as you increase the rent or is that the normal?

Thank you for that.

@Joshua Mellor

This is a 4 bedroom single family house.

@Wesley W.

Thank you for your response.

The property is in southern California Ventura county.

What kind of fee for undocumented pets world be appropriate?

How much would be appropriate for pet rent?