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All Forum Posts by: Edward Farrell

Edward Farrell has started 2 posts and replied 14 times.

@Mike Cumbie - Thanks Mike, really appreciate your input.  Looking back now, when the landlord didn't reply about a credit when we spoke on Sept. 19th, I should have formalized a credit request in a certified letter.  Just so frustrating living like this and the fact that they do not seem to care. 

Good afternoon BP!  I could really use your help here.

My name is Ed and I joined as a Pro member this year to push my real estate education into high gear prior to making my first investment purchase. 

In the meantime, my long-time girlfriend Cara, my daughter Laylah and I  moved into a rental house together in Cherry Hill, NJ, on September 1st with a solid 2-year plan.  We are looking to buy a house of our own and she asked for some time to save, so in the meantime, I was going to take some of my extra savings from sharing rent to start investing on my own.

However, from day one, living in the house has been a nightmare.  We were informed 2 days before moving in that they only had a temporary CO and that some additional electrical work needed to be completed.  The night before our official move-in date, the landlord provided our agent with keys so we could move some boxes in the garage and get a pre-emptive start on the move.  During our initial walk-thru the house, it had a HORRIBLE smell in the kitchen, an equally horrible smell in the family room (pet urine), and we found that the kitchen drawers and cabinets were infested with bugs - we had no idea what they were.  It took all I had to calm Cara down - we had no other place to go!

The next morning we text our landlords and advised them of the problem and that we'd like assistance in paying for their removal.  They agreed and then went on to tell us that the dishwasher was not working correctly and needed to be replaced and that the downstairs bathroom toilet had flushing issues as well.  With no other options since it was so last minute, we went forward with the move. 

Our move in day I had my cleaning lady there for 6 hours and the smell was still there.  Plus, a number of the cabinets were locked with magnetic locks (which we had to remove) and we found that one set of cabinets lead to the wide open entrance into the crawl space!!  No door, no barrier, nothing.  After our helpful movers and my cleaning lady left, I attempted to light all of the electric stove burners (stove was harvest gold, most likely from the 1970's).  One of them when I moved it since it didn't light gave me a strong electric shock!  I informed the landlords and just asked that the electrician look at it when he came to do the other CO work - they offered to replace it.  Ok! 

It took them 19 days to replace the dishwasher and 26 days to replace the stove b/c it was so old and 'hard-wired' the electrician had to come back and install a plug for it. 

But none of that compares to the bugs.  I had my pest control company come out to treat the problem and they concluded that we had a GERMAN ROACH infestation.  They are most common in restaurants and VERY DIFFICULT to remove.  We were told it would be a "process" and were told to remove any and all food, cooking products, plates, glasses, pots, pans (anything we cook with or eat on) from the kitchen until the problem was taken care of - approximately 2 months!!

It is October 23rd.  We have been eating with paper plates and cups since September 1st, and since we can't store anything in the kitchen, our dining room has become a storage area with plastic shelves, boxes and a china cabinet that acts as a pantry.  We have had FOUR pest control treatments and it appears we are near the end of the infestation and after a FIFTH treatment and inspection on November 3rd, we may be able to move into the dining room and kitchen like normal people.  We also intended to use our garage for work-outs as we are cross-fitters but we can't b/c we still have so many boxes for the dining room and kitchen still stored in there. 

When I saw the landlord on September 19th, I showed him traps with roaches in them, empty cabinets in the kitchen and our dining/storage room and told him that we wanted to seek a rental credit for Sept & Oct given the house's lack of habitability.  He said "I'll have to talk to my wife."  After that, we never heard from them again.

We provided a partial rent payment in October which would cover a credit for Sept & Oct with an explanation, again, of why we were seeking it.  They did not reply for 5 additional days and when they did, they demanded full rent payment and sent us receipts for the appliances they bought and the cleaning services they used prior to us moving in.  We replied that we understood and appreciated the appliances but it did not change the fact that we COULD NOT USE 2 OF THE ROOMS OF THE HOUSE like normal people do - nor the garage as intended. 

We exchanged emails for a few days and they said they would CONSIDER a credit only after we sent them the full rent payment for October and they evaluated the treatments we received from the pest control service - which we sent them already. 

We believe they are going to come at us with an attorney and try to kick us out of the house now that we have lived thru this Hell AND provided the pest control service to finally rid the house of the infestation. 

Has anyone faced landlords who just don't understand that they have to provide a HABITABLE home AND disclose issues like infestations? 

Could use some advice about rent credits, tenant rights, etc.  Thank you!!

Sorry so long...

@Nicollette Roth - I'm kind of feeling the same way!  I want to get in, but I want to make sure my first deal is a good one that I can learn from and grow so I can move on to the next one.  That's a good goal to have.  Mine is to invest in a house hack by the end of October.  Why?  Because that's when my current lease is up!  haha  And yep, it is all about the numbers and due diligence. 

Alright!!  Engineers coming out in force! 

@Nicollette Roth - Thank you for weighing in.  Sounds like you and I work in a very similar nitch of Civil Engineering and all of that experience you listed is definitely invaluable.  Have you began investing yet or still doing research and working on education? 

@Steve Babiak - You are absolutely right.  The last 'presentation' meeting I went to awhile back I stayed afterward and ended up speaking at length with a lender.  At the time I was not in a position to move forward but it was a great conversation - quite educational.

@David Faulkner - That is quite a comprehensive list!  There are different aspects of different types of engineering practices you have incorporated above but some of the broader strokes definitely find root in looking at things analytically and considering approaches from several angles prior to diving in.  We love our numbers! 

@Steve Babiak - a friend in my industry had mentioned the same thing to me a few months ago.  Yes, the 'big' monthly meetings or bi-weekly meetings are great, but usually they serve as a presentation more than a forum for discussion and networking.  So I will definitely have to dig deeper to find out about some of these other smaller group, or as you said subgroup, meetings throughout the month.  Thanks for the tip Steve!

Hi @Steve Babiak - Thanks for the info and the welcome.  I'm seriously thinking of joining the SJREIA, just have to work out a couple of scheduling issues.  What I feel I am missing most in moving forward is networking with like-minded people as well as those with experience and a legitimate interest in real estate.   

@Kevin Branin Alright!!  Another engineer!  I have a feeling there are more of us on this website than I originally anticipated.  This is great. 

Kevin that HVAC experience has to have been invaluable to you as you have gotten into investing.  I am eager to learn more, especially on the construction and rehab side as I move forward. 

What is DGI if you do not mind me asking?  There is a SJREA that I have been to a few times and am considering joining but I have not heard of DGI.  Please let me know.  And thank you for the well wishes, same to you sir!

Is this group affiliated with SJREIA or independent of that org.? 

Brendan Markle That's some great information, thank you! For myself, I need to stay on the Jersey side of the river for work and die my daughter. However, that's sound info for straight investing. Outside of the house hack, I'm interested in duplexes and multi family also to buy and hold, or to flip. Let's definitely connect sometime. Are you investing as well as working as an agent?
Joe White - Thanks joe! It's great to be here.