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Thread: Real estate Help

  1. #13

    Default Re: Real estate Help

    it's never a good sign when your roommate is late this month, now you got to go counting backwards on the 28 day calendar and moon and stuff, should've just kept it zipped.

    oh well, they make good cookies in cameroon i hear. with 2-3 kids you knew she was fertile, what where you thinking?

    law87 is gonna be a dad.
    100g

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  3. #14

    Default Re: Real estate Help

    you may as well just sign over the house to her right now. try to get her to sign an agreement about no claims on your tsp or future earnings, and have a notary witness that you didn't coerce her. buy the kid a winter coat and boots every year, memorize the shoe size, judges eat it up when you know the love child's shoe size and can show reciepts.

    get out as fast as you can. that is a dangerous road you're on.
    100g

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  5. #15

    Default Re: Real estate Help

    http://m.youtube.com/watch?v=fTqra4YSsaM

    hood slidin' like bo duke... i knew there'd be hell to pay, but that crossed my mind a little too late.

    you're in a mess of trouble with that real estate deal dude. sell it. cut your losses and run.
    100g

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  7. #16

    Default Re: Real estate Help

    this is a drop everything kind of thing, i have experience in that business, you need to run son, now. you are going to get screwed on this deal. make heel dust. you don't have to call me.

    http://m.youtube.com/watch?v=1WEpLzsdEeY
    100g

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  9. #17

    Default Re: Real estate Help

    Ooopps..disregard
    Last edited by DreamboatAnnie; 01-12-2014 at 12:14 PM.
    Please don't take my comments as trading advice /IFTs: 1-25-21=G100%//1-19-21=20S, 80G//1-7-21=100%S/ ChartLinks=Pg241-242,#2892-2895// www.theepochtimes.com

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  11. #18

    Default Re: Real estate Help

    Hi Law87,
    Congratulations on the baby!! Just kiddin...
    As you know, Burro is very talented in special ways and can always be counted on to correlate every topic to sex or scandal! :toung: It is his goal since childhood to put one in the oven, so it all goes back to that.

    Sadly, I did not know where Cameroon was. It's very nice of you to help her...but bottom line...you can't support her (without worthwhile compensation) when it's cutting into your livelihood. So as there is no relation now, you need to let the management company take action to evict. If she is a nurse (RN) she should be making enough money to care for self and kids. RNs get paid well. If she is an LVN, she needs to move into an inexpensive apartment. Tell management company to release her from lease as she is not making full payments and is now in breach of contract, and sell the house.

    As for appraisal, the real estate management company should be able to give you a good informal estimate soo you can figure out how much you'll make on sale. I would not refinance.
    Please don't take my comments as trading advice /IFTs: 1-25-21=G100%//1-19-21=20S, 80G//1-7-21=100%S/ ChartLinks=Pg241-242,#2892-2895// www.theepochtimes.com


  12.  
  13. #19

    Default Re: Real estate Help

    Quote Originally Posted by DreamboatAnnie View Post
    Hi Law87,
    Congratulations on the baby!! Just kiddin...
    As you know, Burro is very talented in special ways and can always be counted on to correlate every topic to sex or scandal! :toung: It is his goal since childhood to put one in the oven, so it all goes back to that.

    Sadly, I did not know where Cameroon was. It's very nice of you to help her...but bottom line...you can't support her (without worthwhile compensation) when it's cutting into your livelihood. So as there is no relation now, you need to let the management company take action to evict. If she is a nurse (RN) she should be making enough money to care for self and kids. RNs get paid well. If she is an LVN, she needs to move into an inexpensive apartment. Tell management company to release her from lease as she is not making full payments and is now in breach of contract, and sell the house.

    As for appraisal, the real estate management company should be able to give you a good informal estimate soo you can figure out how much you'll make on sale. I would not refinance.
    But one more thing...you may need to check with management company to make sure there is nothing in your contract with them that would require you to pay fees to them until July if you want to release her from lease. They might not release you.

    In any case, I can understand this is a tough position for you and her. In the end, it depends on what you can afford and how much you can give considering that your original intention was meant to help her. Again that is very kind and charitable but you do need to stay afloat yourself. And give yourself a pat on the back for what you have done so far for her and her kids.
    Please don't take my comments as trading advice /IFTs: 1-25-21=G100%//1-19-21=20S, 80G//1-7-21=100%S/ ChartLinks=Pg241-242,#2892-2895// www.theepochtimes.com

  14.  
  15. #20

    Default Re: Real estate Help

    Quote Originally Posted by DreamboatAnnie View Post
    It is his goal since childhood to put one in the oven, so it all goes back to that.
    hey now, i was breast fed as a baby, it's been a struggle to get home ever since. but i'm not complaining.
    100g

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  17. #21

    Default Re: Real estate Help

    Quote Originally Posted by DreamboatAnnie View Post
    Hi Law87,
    Congratulations on the baby!! Just kiddin...
    As you know, Burro is very talented in special ways and can always be counted on to correlate every topic to sex or scandal! :toung: It is his goal since childhood to put one in the oven, so it all goes back to that.

    Sadly, I did not know where Cameroon was. It's very nice of you to help her...but bottom line...you can't support her (without worthwhile compensation) when it's cutting into your livelihood. So as there is no relation now, you need to let the management company take action to evict. If she is a nurse (RN) she should be making enough money to care for self and kids. RNs get paid well. If she is an LVN, she needs to move into an inexpensive apartment. Tell management company to release her from lease as she is not making full payments and is now in breach of contract, and sell the house.

    As for appraisal, the real estate management company should be able to give you a good informal estimate soo you can figure out how much you'll make on sale. I would not refinance.

    I'm afraid its not that simple. Maryland Law dictate that the renter have 3 strikes. Basically my property manager have to go to court 3 times filing for unpaid payment, well she been late for every month. Every time we set to go to court, she would pay right as we file (it takes a week for court date, another week for them to send out the notices) she currently have 1 strike on her.

    I want to be a nice guy, greed is not in my interest as I believe karma will F*** you over in the long run. I'm OK with the amount she pay because I know she has a big family to feed but she NEVER does it on time.

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  19. #22

    Join Date
    Feb 2011
    Location
    Washington
    Posts
    9,565

    Default Re: Real estate Help

    Quote Originally Posted by law87 View Post
    I'm afraid its not that simple. Maryland Law dictate that the renter have 3 strikes. Basically my property manager have to go to court 3 times filing for unpaid payment, well she been late for every month. Every time we set to go to court, she would pay right as we file (it takes a week for court date, another week for them to send out the notices) she currently have 1 strike on her.

    I want to be a nice guy, greed is not in my interest as I believe karma will F*** you over in the long run. I'm OK with the amount she pay because I know she has a big family to feed but she NEVER does it on time.
    Another good reason to not rent property in the Socialist Republic of Maryland. I am not sure why past late payments are made good when she pays one time on time... Sounds like you are getting screwed by Wells Fargo (like many of us have over the decades).

    Sorry to hear about your troubles. Something that makes military life more difficult, you can't take of stuff like this personally.

    Good luck!!
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  21. #23

    Default Re: Real estate Help

    Quote Originally Posted by RealMoneyIssues View Post
    Another good reason to not rent property in the Socialist Republic of Maryland. I am not sure why past late payments are made good when she pays one time on time... Sounds like you are getting screwed by Wells Fargo (like many of us have over the decades).

    Sorry to hear about your troubles. Something that makes military life more difficult, you can't take of stuff like this personally.

    Good luck!!
    actually Wells Fargo is pretty good, I was reccomended by an Army chief warrant officer. He has 13 houses and he say they are all manage by Wells Fargo. The 10% fee is pretty average from what I been researching and the guy that manage my place is good with keeping in contact and knowing what to do.

    Yea I was in deep trouble in October, Hawaii commands are really messed up about reimbursement and filing for BAH. I was paying for Rent, mortgage and 2 car payments with just my E-5 pay, no BAH. I was going out of my mind.

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  23. #24

    Join Date
    Jun 2006
    Location
    Wilmington,NC
    Posts
    821

    Default Re: Real estate Help

    law87
    sounds like your gonna give your current renter the boot when lease agreement is up? i also have a couple rentals and found that a good rentee is a must. i had a rentee who had a couple break-ins and wanted a security system installed at my exspense. i was willing to split it with her , but she did not want to split and was willing to move out. i decided to get and pay it all since the yearly monitoring fee of $450 was less than half a months mortgage. i had adt install and she is there still 3 months later. that issue made her feel safe and sound and that matters to both of us. but when i get a new tenant the security will be included in the monthly. just wanted to warn you to look at the big picture. i did not want to loose a goood tenant and possibly have to pay a month or two mortgage payment just to find a good new tenant. FYI i also kick in a little extra to cover the mortgage but will also up the rent when i do have to get another tenant. i dont want to scare her off.

    Quote Originally Posted by law87 View Post
    ahah its not like what you think at all. Shes from Cameroon, have 2-3 kids and her occupation is nursing that is the reason why I want to help her out by lowering the rent. When we live together she was always on time with rent but now she is constantly late, I cant wait for July till her contract is over.

    I cant move back because I am now station in Hawaii, my house is in Maryland. the house is being manage by wells fargo property management.
    Last edited by Frixxxx; 01-13-2014 at 09:54 AM. Reason: Fix quote

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