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All Forum Posts by: Vic French

Vic French has started 1 posts and replied 55 times.

Post: Which is Better to Live in, Self Managed or Property Managed?

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

I prefer a self-manage and "stay out of their face" attitude. This allows for me to be of service more quickly if something needs attention but retain control and respond faster if things start heading "south." I screen carefully, but regardless, things change in people's lives and you need to retain a grip on your options. My instinct and intuitive sense usually serve me well in selecting the right people initially for the property since I reside in a separate unit. 

The reason tenants often prefer complexes that retain property management companies is because tenants, although scrutinized carefully in the application process, are on their own once they get in. Not much attention is given them as long as rent is paid on time...that is until an ugly problem raises its head; something normally unauthorized in the rental contract or lease.  Large complexes have more cash flow to deal with adverse situations, maintenance and repairs for negligent tenants. 

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

Redding CA and North Carolina, makes sense. Oh brother!

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

A reply isn't warranted. Thank You.

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

This is to say I have a couple friends in Lake Co. who have had tenants in their units that have smoked pot heavily and every surface is discolored and the smell is in everything; not to mention fire risk from growing indoors. To each his own but this is getting far too nasty a discussion. Each person has their own opinion or agenda on this topic. Thanks everyone for sharing.

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

My realtor is a personal friend and one of the best in the county Ryan, end of discussion.

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

If neighbors have reported pungent, strong skunk weed smell and it has been investigated, it is on police records because they have to investigate and write a report. Any prospective owner that does research on the property is going to discover police reports relating to the fact. Public records. Maybe not in your state? My realtor told me it affects your property value, this was the case a couple years ago, but perhaps laws have changed recently. Any CA realtors know about this and what the law states? This is a person that has a permit to grow 25 plants outdoors; doesn't affect him regardless of how much he grows but affects everyone else in the neighborhood. With 2-6 ft. fences and dogs who is going to have access to his property unless he lets them in... which doesn't happen. This is residential neighborhood growing not rural country.  It's become a convenient way for deadbeats to avoid income tax here. 

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

Its just a plant, yeah, yeah, yeah.....but when you go to sell your property you have to disclose and it affects your property values; at least in CA.  Maybe it wouldn't be an issue in rural areas but in my backyard its an issue.

Post: 2nd Hand Marijuana Smoke where Pot/Weed is Legal

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

As a landlord what do you do about the jackasses that grow next door to you and you have to smell the stench for 5 months at a time. I have complained numerous times to local authorities; law enforcement turns a blind eye because there is no way they have the manpower to enforce growing limits and law enforcement most likely get kickbacks from growers to keep their mouths shut.  It would be great if they used drones to shut down some of the neighborhood grow operations but I realize there are surveillance limits and it infringes on "rights." 

Post: What are you guys/gals paying for plumbing services these days?

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

Just a word of advice from a plumber; put Pinesol down your drains every couple weeks. It keeps the sludge from building up. :-)

Post: Electric Baseboard

Vic FrenchPosted
  • Real Estate Investor
  • Petaluma, CA
  • Posts 60
  • Votes 27

I view them as a fire hazard. Natural gas is less expensive than electric in CA. I have an electric baseboard heater in one back bedroom in my unit only because I have a wall furnace heating the majority of the house; not central air.  I am diligent about instructing tenants how to use before they take occupancy to negate any problems. Accidents do happen; if you have good responsible tenants that don't drape clothes or curtains over the appliance and good insurance you should be OK.