All Forum Posts by: Steve R.
Steve R. has started 6 posts and replied 72 times.
Post: Do my parents have to pay taxes on this house?

- Investor
- MN
- Posts 72
- Votes 37
If your parents have lived there 2 out of the last 5 years they do not have to pay any capital gains tax on their profit.
Post: Mold in the bathroom

- Investor
- MN
- Posts 72
- Votes 37
Do you have the bathroom properly vented with a bathroom exhaust fan or window? If there is an exhaust fan I would consider having it wired to turn on with the bathroom light. If you just have a window, maybe you just need to educate your tenant about moisture issues. I wouldn't charge them for the mold unless it's an ongoing issue. It should clean up pretty easily with some bleach or moldex and a new $3 liner.
Post: Best Online Rent Payment

- Investor
- MN
- Posts 72
- Votes 37
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
It's really not a bad neighborhood. It's more of a tenant problem. I bought the place from a tired landlord and inherited the tenants. There has definitely been more drama than I care for:)
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
@Mindy Jensen I will need to check into that. Thanks for that insight!
Post: Can I get a mortgage on a paid for house I just had built

- Investor
- MN
- Posts 72
- Votes 37
Try a small home town bank or credit union. The small bank I use only requires that the county show you as owner on the title. There is no seasoning period with them.
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
Originally posted by @David Dachtera:
Gotta be one hell of a knife - and someone jacked up on crack - to pierce a garage door, unless it's a cheap, paper-thin door.
Ha Ha! It must have been! This was a fairly new insulated garage door that the previous owner had installed right before I bought the place. The knife stabs were about 3" long and went all the way through. I told my tenant to be careful. The guy he owes money to is clearly nuts or high!
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
@Joe Splitrock I wholeheartedly agree. Something very shady is going on. Their lease is up at the end of April and I have already talked to them about finding another place. After I bought the place and inherited them as tenants I looked up their facebook pages and knew right away I was in for some fun:)
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
@Curtis Bidwell Thanks for that insight! It looks like it's on me to fix or replace it.
Post: Someone threatened tenant, stabbed holes in overhead garage door!

- Investor
- MN
- Posts 72
- Votes 37
@Matthew Paul @Darwin Crawford @Danny Grey
I found out a little more of the story today. Apparently the boyfriend was trying to pay some money back to "some dude" and the guy started threatening him. Later, "the dude" texted my tenant and told him to look at his garage door. I guess he was was trying to send some sort of message.
Gotta love the high these high maintenance tenants:)