All Forum Posts by: Sebastian Kressley

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Sebastian Kressley has started 17 posts and replied 78 times.

Everyone in the Eastern North Carolina & South Carolina's please be safe!

0 Votes

Coastal NC, North Carolina

Originally posted by @Sam Shueh:

collect what you can and let them go..... You can go to court collections but it will take time.

The last thing you do is get them to retaliate and destroy your place before leaving. Be business like.

Thank you for the advice!

0 Votes

Originally posted by @Mike McCarthy:

if you haven’t posted a pay or quit notice yet, I would do it IMMEDIATELY!

If they end up moving out at the end of the month, you’ve only lost 2 months rent.

If they decide to stay, now you’re looking at even more lost income. You’re paying for them to stay there.

Start the eviction process now. You should have 45 days ago.

Thank you for the advice!

0 Votes

Good Afternoon BP Nation!

I just closed on a #HouseHack duplex a couple months back. I inherited some bad tenants to say the least.

Month 1: Paid in cash

Month 2: Paid on the 15th

Month 3: Did not pay.

Month 4: No signs of paying for September.

They are out at the end of the month. What course of action would ya'll take here?

Cheers,

0 Votes

Originally posted by @Caleb Heimsoth:

@Sebastian Kressley

So you’re marketing a house that’s still occupied and they may not leave until October ?

That’s likely not gonna work well. Evict the current tenets then go find new ones

Thanks for the response - let me clarify. I am currently residing in side B, the tenants are in side A. I have been touring side B (the side I am currently living in and will rent out. October 1st I plan on moving over to side A and start fixing that side up. It's coming down to wire and I'm having trouble finding a tenant.

I will continue the grind though. Again, thank you for the response!

1 Vote

Hello BP Nation!

I'm interested to hear everyone's take on credit cards during their real estate journey. I have started with the Chase freedom card --> Chase Sapphire Preferred --> Chase Business Cash (Registered my house hack as a business).

Currently I have over $1,000 worth of travel points in Chase Rewards.

I would love to hear all of your success stories on credit card churning.

Please share!

Cheers,

0 Votes

Hello BP Nation!

I am three months into my house hack 2/1 duplex in Greenville, NC. I inherited tenants that currently are behind in rent. Their lease is out October 1st but I have yet to find new tenants!

The property is currently listed on (Trulia, Zillow, Craigslist, Facebook Groups etc.) does anyone have any advice to advertise the property or what I should do!?

Two options: 1. Keep the tenants that are behind in rent on a (month-month) basis 2. Risk having additional vacancy costs and remove them at the end of their lease.

Thanks in advance.

Cheers,

1 Vote

@Gregg Heminger way to make the jump. Just closed on my first deal as well. Cheers Gregg!

1 Vote

Good Morning BPNation!

Does anyone know how to get the TransUnion SmartMove discount?

It says that the premium report is $40 - is that the already discounted price?

Cheers,

0 Votes

Good Afternoon All -

Unfortunately due to the lack of RSVP's for this event Brian and I will have to reschedule. Hopefully we can get another meeting on a Saturday or Sunday.

Sorry about the late response.

0 Votes