All Forum Posts by: Scott Trench

Welcome @Christopher DeLucien

Let me know if you need any help finding other resources to help you get started!

This is awesome! Way to go - I agree that it looks much better and respect your hustle. I'm sure that this hard work will pay off a ton down the line.

As for space, that's far more cabinet space than I or any of my old college friends would have needed. I think you are good to go!

@Rob Krach

Luckily, this question has been posed before here on BiggerPockets and we've come up with this list of Twenty-One of the Best Real Estate Books Ever .

Maybe that's a good place to start ;)

@Frank Jiang

I think that a little bit more information from this would be helpful. I'm making some assumptions here:

Are you saying that you inherited these tenants when you purchased this property? 

At that time, you were presented with a pet addendum, signed by the tenants that says that they do not have a pet?

Then, recently, you were presented with a second pet addendum, this time saying that the tenants DO have a pet, with the same date, and the same signatures?

If I'm reading that correctly, it seems to me that one possible explanation is that they signed the lease with no pet, and then signed an addendum a few hours later that day, saying that they DO in fact want to have a dog with them. 

It's possible that your property manager simply didn't upload that document until today (an error on his/her part, to be sure!). I'd have them sort it out for you, and if I'm wrong and he/she did something more fishy, then it might be time to find a new manager. While the lack of clarity with pet addendum is perhaps not a massive problem, it could be just an indicator of far more serious mistakes made by the property manager. I'd search through the lease and other items associated with the property to try to uncover more about how this manager runs the entire operation.

I think you'll also want to do a little more digging specifically into the pet situation:

a) Did you or the previous owners receive a pet deposit?

b) Are you charging and receiving additional rent or pet fees because of the animal's presence?

Hopefully, this situation is just a communication error, and I'd hope it isn't a cashflow or deal killer on your investment either way. While dogs can cause problems, I'd bet that the worst case is that you have some carpet replacement and painting to redo when the lease comes to an end and they move out.

@Lucas Van der Weiden

Hello and Welcome to BiggerPockets. You sound like you've got a great background! Look forward to learning more from you in future posts!

Welcome @Janet Carratala

I hope that our site can help you with all of your real estate investing goals - we've got a ton of real estate investing resources here!

Hi @Brian M. I think that you've come to the right place! Welcome.

Welcome to the community @Kendra Bailey

Let me know if you need any help finding other resources to help you get started!

It's great to have you here on BiggerPockets @Jhanae Mooring

Hi @Anthony Guzman

Welcome to BiggerPockets - it's great to see more folks deciding to get into REI!