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All Forum Posts by: Troy F.

Troy F. has started 38 posts and replied 77 times.

Post: What do you do when tenants harass each other?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Hello BP,

I've got a tenant harassment problem and I'd like to know how you would handle this situation.  We'll call them tenant A & tenant B.  Both A & B pay on time, every time.  Both take care of the property like it is their own.  Recently a friend of Tenant B parked in tenant A's space.  In response tenant A did not knock on the door and ask them politely to move their car nor did he call me and ask me to reach out to the tenant. Instead he called the police.  Not an ideal way to handle the situation in my opinion.  Other than this specific example they just aren't very cordial to each other.  I'd love for them both to continue to live there for years to come.  They both have stated they would like to live there for years to come but they aren't sure how much longer they can handle each other.  Are there any tips on how to build better tenant teams?  

Thanks,

Troy

Post: How do I know if my market is right for Traveling professionals?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

14,000 listings and 4,700 searches.  Those aren't very good odds.  Thank you to everyone for your priceless input.

Post: How do I know if my market is right for Traveling professionals?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Hello,

I've been wanted to do a furnished rental for traveling professionals for years now.  I just can't seem to bit the bullet.  Is there a way to determine if my area is right for this type of rental?  This is for Dubuque, IA.  I listed Cedar Rapids in this posting because it's the closest of the options the drop down menu would provide. Thanks for your help.

Troy

Post: Tenant informed us he is going to jail - now what

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Great feedback.  Thank you so much. We did find the case in the court records. We are still uncertain as to what kind of sentencing he will face tomorrow. He is unsure as well. We now have an emergency contact and a plan to move his stuff out depending on the results. Your comments have been very helpful. 

Post: Tenant informed us he is going to jail - now what

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Hello BP,

Our tenant in Lincoln, NE of just over 1 year has informed us that he will be sentenced to jail next week.  We asked, what for and are you doing okay?  He explained he wasn't ready to give us details but seemed to be handling the reality ahead of him as well as could be expected. My question to the BP Community is what do we do next?  I'm sure going to jail is new for him so I don't want to bombard him with questions he doesn't know. He says the sentencing will happen on Sept 2. Not much time. What do we do with his stuff? I can't imagine knowing I was facing jail time and then my landlord says, well move your stuff out this weekend.  I haven't heard this one on the podcast yet.  Hoping you all might have a suggestion.

Troy

Post: Suggestion for BP calculators

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

BP,

You people are amazing. I wouldn't be in the real estate game today if it wasn't for you. It is going well only I think I am a little too cautious. I keep missing deals. I love your calculators. It's what I use to make all of my decisions (to purchase or not). I think they would be even better if you could click a tab on the calculator page that would download a spreadsheet of all of my reports. It would be great to sort and organize all the deals and compare them to each other. It would help me know which ones to go after. I've got quite a few reports now. I've been thinking about that for years. I was hoping you smart people would know how to do that. 

Thanks,

Troy

Post: Has anyone done a "Subject to"?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Okay. I'll try a title company. So far I've spoken to a long time real-estate attorney and a separate title company. Both had never heard of it. Thanks for the advise. I do appreciate it.

Post: Has anyone done a "Subject to"?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Oh, I think I get it.  All real-estate attorneys will do a subject to transaction.  So far I am 0 for 1 and I've been receiving very negative feedback on the risks involved with subject to.

Post: Has anyone done a "Subject to"?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Hi Dwayne,

They all will what? I don't understand your response.

Thanks,

Troy

Post: Has anyone done a "Subject to"?

Troy F.
Posted
  • Investor
  • Asbury, IA
  • Posts 78
  • Votes 29

Hello, 

I am seeking a real-estate attorney who has experience completing "Subject-to" transactions. This transaction would be in Nebraska if that matters.

Thanks,

Troy

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