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need some advice from seasoned landlord

alwaysoverbudget | Posted in Business on August 21, 2007 07:33am

well the unthinkable happened tonight,i have a nice middle class house rented to a 30 ish couple.got a call at 9pm tonight that the wife has been shot in the house and died.he’s turned himself in.

has anybody been in this sitition before? i’m sitting here waiting for the police to release the house so that i can go secure the front door that they have kicked in so whats in there stays for now.

the police talked to me a little about how to expect both sides to come after the contents and i don’t have a clue what to do.just think about the problems that could entail and enlighten me.

next step is try to get to a lawyer tommorrow and see what he says. so if a question hits you that i should ask let me  know,i’m just kinda in no mans land right now.i have about a hundred but need to start writing them down i guess. larry

hand me the chainsaw, i need to trim the casing just a hair.

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Replies

  1. pebble | Aug 21, 2007 07:49am | #1

    Basically protect your property from any possible further damage and let the police work the work, which shouldn't take more than a day or two. What is left is the personal stuff, can you arrange to have to placed in a storage unit for the next of kin? They could pay you for the fees you accrued doing this before you release it to them. Unless they are willing to get it out before it becomes a matter of storage.

    You may want to hire a disaster restoration expert to clean up any messes that you may not want to touch yourself. Other than that it looks like you can get squared away quickly and start showing the place again to prospective renters.

    Handyman, painter, wood floor refinisher, property maintenance in Tulsa, OK

    1. alwaysoverbudget | Aug 21, 2007 08:06am | #3

      good thought on hiring cleanup.   i think my wife and i have made the decision to just auction the house and be gone.house should sell in the 70's before this but if i could leave tommorow with 40 i'm gone. i once bought a commercial building that had been the scene of a holdup with the clerk shot 2 years earlier. people would look  then it would hit them and they would remember and almost knock the door down getting out of there.people just don't like the idea that someone has died there,including me.

      as far as removing there stuff and putting it in storage,the rent is paid till sept 1st. so i don't think i can touch anything until after that.

      the money at the moment just isn't a big concern,but i know that it's going to change the cash flow around here. i just dropped the kid off at college yesterday,maybe i should call her and tell her to start appling for those loans......  thanks larryhand me the chainsaw, i need to trim the casing just a hair.

  2. thinkerf | Aug 21, 2007 07:50am | #2

    Sorry to hear that and I can't imagine all of the issues that you might end up dealing with.  I have never been a landlord and have no legal background to give you advice.  I would think you will want to get in there and at least photograph/video tape all the contents in every room so no one comes back and says there is a $10,000 ring missing from a drawer.  Really this is just a bump to the top.

    Ryan 

  3. JHOLE | Aug 21, 2007 02:15pm | #4

    Insurance?

    Mine would cover damages and loss of rent.

    Remodeling Contractor just on the other side of the Glass City

    1. JasonG | Aug 21, 2007 02:44pm | #5

      Talk to a lawyer first. Although the man turned himself in, he has not been found guilty by a court and he could be released on bail. You have no right to move his stuff out as he is still a tenant. Has he payed rent for the current or next month? Depending on the state you are in, this may involve an eviction procedure . . . assuming he stops paying rent. Just because he is living in a jail cell for now does not mean he has given you (or any family) the right to move his stuff out. You may be liable for anything you move or his family/friends move so don't hand out any keys. It is not uncommon for people to continue paying rent while they are incarcerated.You can hold him liable for the crime scene clean-up. If he doesn't pay for it willingly, you could always file a claim if he was to receive anything from his wife's estate. Which may also be the procedure to collect back rent until a court clears you to evict him from the house.Jason

      1. JHOLE | Aug 21, 2007 02:54pm | #6

        I agree with jason also.

        Did you have a lease?

        OOPs meant to reply to OP.Remodeling Contractor just on the other side of the Glass City

        1. alwaysoverbudget | Aug 21, 2007 03:06pm | #7

          yes i do have 1 year lease that has expired,they have been there over 3 years. i've been reading some of those paragraphs in it that you really never pay attention to. one is the right to enter and the other is adbandoment.

          my goal at the moment is to secure,next will be who to release items to,i expect that to come up today,things like the kids stuff,the parents of the woman wanting personable items,as terrible as it is to say,clothes for the funeral.

          it's one of those days i think i should have got into mutal funds. larryhand me the chainsaw, i need to trim the casing just a hair.

          1. smslaw | Aug 21, 2007 04:35pm | #11

            If someone needs clothing for the funeral, etc., or otherwise needs to get in, you may want to hire a detail cop to be there to keep an eye on who takes what.

          2. GregGibson | Aug 21, 2007 04:50pm | #13

            Larry,

            Wow, what a nightmare.  I've had rental property for years.  My cousin had a college student die about 25 years ago in a furnished apartment - natural causes, very unfortunate.  He died in bed - remember, it was a furnished apartment.  Cousin cleaned the apartment, flipped the mattress over, and had it rented in a week.  Ugh.

            Your insurance should cover the cleanup.  There are mitigation specialists out there, Servpro is one of the bigger vendors.  They go in in Tyvek suits and contain all of the bacteria, super-clean everything, then they turn it over to a contractor or vendor that will Kilz all affected surfaces, clean, replace, whatever is necessary.

            My local guy that does the cleanups said the worst he ever had to deal with was a gunshot suicide in a room where the ceiling fan was on "high".  Slung bad stuff all over the room. 

            I'm afraid your property will be stigmatized, but if it's been a good rental property, I'd keep it.  If it were mine, I'd probably take this time to completely remodel, paint, carpet, maybe re-do the kitchen - just make it shine.  Think about this - the commitment to RENT is less than the commitment to BUY.  A prospective RENTER might be easier to find than a BUYER.

            Good luck.

            Greg

      2. alwaysoverbudget | Aug 21, 2007 03:10pm | #8

        my thinking is pretty much where your at,secure the house and walk. then it will have to go into a eviction ,which around here is 30-45 days.then if there is anything in the house left i will have to remove and store,just like a normal eviction process.

        i'll go to a lawyer today and find out about letting someone in,but as i sit here now they will just have to "break in" if they want something. larryhand me the chainsaw, i need to trim the casing just a hair.

        1. john7g | Aug 21, 2007 03:48pm | #10

          If the rent's paid up to the end of the month the stuff should stay put.  He has the place 'til then.  Access for funeral clothes might ought to be observed by the police since they may change their minds on whether they've gathered all the evidence they need.  Repairs?  Maybe a police presence again or at least a conference with them.  If he gets out on bail he's going to be looking at anybody & everybody who was in the house for missing items factual & fictional.   

    2. alwaysoverbudget | Aug 23, 2007 06:40am | #39

      when this happened i didn't even think insurance.but i have spoke to them and they will pay cleanup,door,carpet etc.plus they say lose of rent,i'm not sure how that will work? thanks for planting the seed.larryhand me the chainsaw, i need to trim the casing just a hair.

      1. sisyphus | Aug 23, 2007 09:52am | #40

        I thought I'd seen everything  in the rental business by now but

        I was naive.  The problematic tenants are such a small minority

        (for me and hopefully you as well) but they are so memorable

        that they can skew one's recollection of the business and of

        course are the genesis of the tales that get repeated. I was a

        paperboy once and the landlord gig is better (LOL).  The idea

        making an insurance claim is good with the obvious caveat of

        how it may affect your rates in the future (especially if you have

        to make another claim) and your rate in the present. I get a

        "discount"  of about 20% for having no claims.  Usually I fix

        stuff myself but I've never dealt with a murder.  Seems like

        you are doing well in tough circumstances. Best wishes

        from a fellow landlord.

         

  4. mrfixitusa | Aug 21, 2007 03:36pm | #9

    WOW...I saw this on the news last night.

    Hope this works out okay for you Larry.

    Just my opinion but there are many many many homes in which deaths have occurred in the home. This is not as bad as you may think.

    My first listing was a home in which a previous owner had committed suicide via a shot gun. This event occurred in the living room.

    These homes are called "stigmatized" properties and there is a debate about whether or not you as the Seller have an obligation to disclose this info.

    On the above home I called the board of realtors attorney and asked him if the seller needed to disclose the suicide and the attorney told me "no".

    We went ahead and disclosed it anyway and this is how we did it.

    We didn't disclose the info about the suicide unless someone were to make a written offer.

    We weren't going to just tell everyone who walked into the house at an open house or had a showing etc. We were not going to state the info in the MLS listing.

    We found a buyer for the home after they said they wanted the house I told them about the suicide.

    They were okay with it. It was a young married couple.

    I then listed the info about the suicide in the narrative section of the real estate contract and the Buyers were required to date and initial this section of the contract.

    This demonstrated they bought the house with the knowledge of what had happened.

    One other thing.

    One of my neighbors bought their home recently and AFTER they bought it found out a suicide had occurred in the home 30-40 years ago (a neighbor told them).

    She was not told about this when she bought the home and the Seller WAS aware of the suicide. It was her former husband who committed suicide. She had thenremained in the home for many many years.

    Anyway, think about all of these home involved in the BTK murders.

    They weren't bulldozed. Although I know BTK's house in Park City was demo'd.

    Good luck and hope some others chime in with some advice for you.

    ^^^^^^

     

    a Smith & Wesson beats four Aces

    1. alwaysoverbudget | Aug 21, 2007 04:48pm | #12

      i relize what your saying,it will diminsh over time. but with that said our thought right now is to sell,and go on.

      i know you sell r.e . so if you know of a investor that would be interested ,get in touch,i think someone could make a excellent buy if they want to mess with it.. as far as putting on the market i think it's a long time off,i just spoke to the lawyer sounds like 60-90 days could go by.larryhand me the chainsaw, i need to trim the casing just a hair.

      1. User avater
        BillHartmann | Aug 21, 2007 05:15pm | #14

        After he get an attorney you might want to have yours send his a release allowing immediate access and define what to do with the contents.Long shot, but in a case like this sounds like there is little likelyhood that he will have possiblity of ever going back.And try and contact both families about the contents. There will probably be some personal/family stuff that they will want and the remainder to Good Will..
        .
        A-holes. Hey every group has to have one. And I have been elected to be the one. I should make that my tagline.

      2. mrfixitusa | Aug 21, 2007 06:44pm | #15

        In 2004 I bought a fixer upper house in the 2700 block of south hydraulic which is 5-6 blocks from your house Larry,I sold it to a woman who owns 7-8 rentals in that area on south hydraulic.She likes having them in the same geographic area. She can drive down the street and see what's going on.I called her and told her you may have a house for sale. She said she would think about it. She sounded a little down on rentals over there as she has gotten burned by some of her tenants recently.Ironically, one of her tenants OD'd and died in one of her rentals in the past few months. He was taking meth.I'll let you know if she has any interest.^^^^^^

         

        a Smith & Wesson beats four Aces

    2. FastEddie | Aug 21, 2007 07:49pm | #16

      there is a debate about whether or not you as the Seller have an obligation to disclose this info.

      There's no debate in texas ... it has to be declared."Put your creed in your deed."   Emerson

      "When asked if you can do something, tell'em "Why certainly I can", then get busy and find a way to do it."  T. Roosevelt

  5. User avater
    PeteDraganic | Aug 21, 2007 08:42pm | #17

    You will have to file an eviction.  Plain and simple.

    However, you have to have a reason to file... such as non-payment of rent.  SO, you can file an eviction AFTER the rent is due and unpaid.

    The husband killing his wife and being arrested really has no bearing on this matter as far as I can see.  If the husband managed to have the rent paid for the next year, then he is still your tenant.

     

    http://www.petedraganic.com/

    1. highfigh | Aug 22, 2007 03:29am | #21

      He may still be the tenant but since he turned himself in, I really doubt he'll be living there any time soon. You never know, he may recant.
      "I cut this piece four times and it's still too short."

      1. User avater
        PeteDraganic | Aug 22, 2007 04:02am | #24

        He doesn't have to live there in order to make sure the rent is paid and his property protected.

        What if his mother brings by the rent as scheduled? 

        You simply can't summarily remove his belongings because you think you should.... there is a process.

         

        http://www.petedraganic.com/

        1. highfigh | Aug 22, 2007 04:55am | #26

          "You simply can't summarily remove his belongings because you think you should.... there is a process."I never said to remove his stuff immediately, but the lease is up and unless it specifically says that it continues as it had been, it's turns into a month-to-month occupancy and if notice is served that the renter needs to find a new place, it's over. He can still evict, based on the nuisance clause or, as you said, if someone pays his rent for the time being, he still has income while the place is being fixed up. As I said, not a situation I want to be involved with. Someone I knew did himself in, in the stockroom of his uncle's stereo store a few years ago. The police called after the alarm company informed them that the alarm hadn't been activated. His uncle had been planning to move out of the mall but it kind of accelerated things.
          "I cut this piece four times and it's still too short."

  6. katiewa | Aug 21, 2007 09:20pm | #18

    I am so sorry for your situation.  However, it sounds as though this rental had, up to this point, been working nicely for you.  Therefore I'm going to be contrarian here and suggest that you not make any hasty decisions until you sort out all the emotions that come with an event like this. 

    If it makes you feel any better, my husband got a similar phone call about 2 months ago--man shot his wife--both were employees--everyone "thought" they were normal--both had friends at work--made for weird feelings.  And the legal stuff, as with yours, was not exactly easy (and not everything has been finalized). 

    Find a lawyer who can walk you through this situation, keep a daily log of everything that goes on--contacts with anyone, site visits, etc., but, unless you had been contemplating selling anyway, wait a bit before deciding whether to sell the house.

    Kathleen

     

     

    1. DavidxDoud | Aug 21, 2007 11:30pm | #19

      Find a lawyer who can walk you through this situation, keep a daily log of everything that goes on--contacts with anyone, site visits, etc., but, unless you had been contemplating selling anyway, wait a bit before deciding whether to sell the house.

      most excellent advice, worth repeating - kudos -

      D"there's enough for everyone"

  7. kate | Aug 22, 2007 12:41am | #20

    Ditto what Kathleen said - don't make hasty decisions!  That's the worst way to think.

    Of course, right now it's horrible, and you are upset, but as time goes on, your feelings will settle down.

    Sounds like you are getting great advice form BT - as usual!

  8. highfigh | Aug 22, 2007 03:34am | #22

    I would have to agree that doing anything hasty would be a bad thing. It's a bad thing to be attached to, in any way, but these things happen more often than we would like to think. There may be a cleaning company that specializes in crime scenes, too. There's one here in Milwaukee and they have a relationship with most of the local police departments, since a lot of the regular cleaners don't want to touch jobs like these.

    If you take $40K now, I suspect that it'll take a long time to recover, financially. Talk to your insurance company and a lawyer, see what they recommend and go from there.

    I don't envy your position and I hope nothing like that ever happens in my rental.

    "I cut this piece four times and it's still too short."
  9. renosteinke | Aug 22, 2007 03:47am | #23

    Any form lease will have sections that apply to this situation; likewise, your local ordinances apply. If there is a 'legal aid clinic' in your area, they likely have a leaflet they distribute.

    What would likely by your best plan of action ... assuming it meets the requirements of the laws and lease ... is this:

    File immediate 'nuisance' eviction. Place any unused rent in escrow. Move all possessions to at least two storage lockers ("His" and "Hers"). Clean the place, and find new tenants ASAP.

    The guy gets out on bail, let him have his money ... to go live somewhere else. Keep paying to store his stuff until things are adjudicated ... at least for a year.

    Sure, you're out storage fees - but the property is back earning you money. I said two lockers, because you will very likely not want both families pawing through everything. It will help you to make an inventory of what went where - so if someone says "where's Ted's pink Tutu?" ... you can look it up, and answer 'oops, I put it with Judy's stuff- I'll get it for you :D"

    You will likely want to chat with your 'county administrator of estates' as to the final disposition of the property. Off the cuff, I'd say 'her' stuff goes to her kin, 'his' stuff, and 'joint' stuff gets auctioned off. The monies either go to him, or are applied to storage fees.

    You WILL need an attorney; if nothing else, to deal with everyone else's attorneys. You will likely be blanketed with orders to produce this, preserve that, etc.

    Renting property is a business; as such, there is risk. There is never any guarantee that you will turn a profit.

  10. DonK | Aug 22, 2007 04:46am | #25

    Had it happen twice. Once was a suicide of an old German man that was losing his butcher business. Pulled the van in a garage and went to sleep. I had to watch the cops remove the wallet from the body. Second time was another old guy in the beginning of a divorce. Ironically. I had given him the place because he couldn't find anyplace esle to live. Then, I get a phone call - "Guess what happened..."

    It gets time consuming, months go by with no resolution. People say they will come by or do things, and don't show up - or show up and grab everything and leave yo with a mess. You could let them use you (and the property), clean up the mess and move on. Or, you could go to court for the monetary damages. Mid 30 couple, my Guess is they didn't own much, so there will be enough to pay for the funeral, maybe. You aren't likely to come out ahead. Take the high road. Try to help out as you can. A couple months rent isn't likely to change your life.

    As far as the disclosure - legal question, get to the lawyer and be done with it. Don't be afraid to sell a property like this. Lots  of people would not be put off by it. After all, people die in houses from natural causes all the time, and it doesn't freak everyone out. Just cause itwasn't natural, so what?

    As far as the cleanup, you are entitled to protect your property. I doubt anybody is going to give you a real hard time for doing that. The "tenant" won't have mch credibility in court if he goes after you in suit. I've had tenants in jail. Sometimes, you can actually talk to them and get permission to put stuff in storage. strange, but it happens.

    It's not real fun, but don't just dump the place and run.

    Don K.

    EJG Homes     Renovations - New Construction - Rentals

    1. alwaysoverbudget | Aug 22, 2007 05:55am | #27

      i'm replying here to don,but actually it's to all of you.

      i think everyone feels the same as i do,you have to take the high road on a deal like this and who cares about a couple months rent.i have owned this home since 1979 and it has paid for it's self about four times over ,just like it was suppose to do,if i have to sit until dec. jan. to get it all worked out thats what i'll do.no regrets about that.

      now to tell you the truth i went to a attorney this morning at 250.00 a hour and i don't think he said anything that isn't said in this thread,you all have given great advice and i have read it all 2-3 times asorbing what i can.

      i could probably talk about lots of points mentioned here and may still as this progress's,but i'm going to tackle the should i sell,because it is filled with a lot of emotion.

      i bought this house in 79 for 40k.pretty good middle class area [better than  what i was living in at the time]. the area has slipped some and not really appreciated that much. if this house was really nice might hit 75-78k.the house has brought in for a guess 6k a year,=160k.i'm not taking any maintance expense's on this figure.  so the house doesn't really owe me anything,but as i said above thats what it was suppose to do.

      now looking at selling, i feel that the only way to save this is to make it new in and out,like someone suggested. i could spend 15k on it doing that.4k on real estate fees,and maybe another 1k in holding cost. now if my fair market value is correct at 75,this house  will not bring that after this incindent,it will have to be cheaper than one down the street. so lets say 70k rehabed really nice. 70k less the 15k i spend less the 5k in selling cost. net 50k. being as this house has paid it's mortgage off and produced a nice income i think i'm better off to just cut and go  and be 10k short. 

      i could rent it for maybe the next four years at 2-300.00 a month  less than market and let the stigma fade a little and get back on the road from there.that is option #2

      THANKS to ALL! great advice and really has helped pass the day today. larryhand me the chainsaw, i need to trim the casing just a hair.

      1. joeh | Aug 22, 2007 06:04am | #28

        Larry, guess all your time here has paid off, your last post sounds exactly like Tim Mooney wrote it.

        It's a business, you can walk now and take your lumps or invest time and money and come out not much further ahead financially.

        Take a hike, let the bargain hunter spend his time & money.

        Good luck with the immediate legalities, but hike ASAP would be my take on this.

        Joe H

        1. alwaysoverbudget | Aug 22, 2007 06:10am | #29

          you know it sounds kinda stupid but this was the second property i bought when getting started. i would love to find a 24 year old kid in the same shoes and make him a good deal to get him rolling,but it doesn't seem they are out there anymore. but if it happened i would smile everytime i drove by and hoping he was doing well with it. larry

          hand me the chainsaw, i need to trim the casing just a hair.

          Edited 8/21/2007 11:11 pm by alwaysoverbudget

          1. highfigh | Aug 22, 2007 06:16am | #30

            If you offer it at $40K, I think you'll be surprised by who will be looking at it. There's always someone who is recently divorced, escaping an abusive relationship, newly married, etc. Someone who really needs a place to live and is a bit short will really appreciate it. If you can sell it yourself, you'll be able to decide who needs it, instead of a realtor just making a quick buck. "I cut this piece four times and it's still too short."

            Edited 8/21/2007 11:18 pm by highfigh

          2. VaTom | Aug 22, 2007 02:53pm | #33

            i would love to find a 24 year old kid in the same shoes and make him a good deal to get him rolling

            There you go.  A plan!  First, you're correct about the stigma.  Friends bought one here- way below market after a long time offered in a good market.  They thought the bullet holes in the casing added character.

            Offer seller financing with a substantial downpayment, no points just the attorney fees.  You might be pleasantly surprised at the response, even with a higher price than you're thinking.  I've arranged similar several times, return can be very good. 

            Good luck. PAHS Designer/Builder- Bury it!

  11. ponytl | Aug 22, 2007 06:33am | #31

    one of my best friends  "Dan" gets a call...

    "I'd like to see about getting my moms deposit back on the house she rented from you"

    dan.. we'll the lease isn't up for another 4 months...

    "well... she's not living there any more and neither is my sister and i need the deposit to pay for a lawyer for my sister"

    dan... well have your mother call me...

    "she can't she's dead... sister shot and killed her in the living room over there and sister says even if they do release her from jail she's not living in a house someone died in"

     

    that day dan called some fireman that have a side business of cleaning situations such as these... they cleaned the place out painted everything...

     Dan not at all like'n things like this.... put the house up for sale  never stepping foot in it again...

    but...  look at it this way

    you sure got a story out of the deal

    good luck

    p



    Edited 8/21/2007 11:56 pm ET by ponytl

    1. alwaysoverbudget | Aug 22, 2007 06:35am | #32

      best laugh i've had all day! thanks larryhand me the chainsaw, i need to trim the casing just a hair.

  12. mrfixitusa | Aug 22, 2007 08:21pm | #34

    How has the house been for you over the years - do you find new tenants quickly?

    ^^^^^^

     

    a Smith & Wesson beats four Aces

    1. GregGibson | Aug 22, 2007 09:31pm | #35

      mrfixitusa,

      Hey, your tag line is pretty ironic in this thread !

      Greg

    2. alwaysoverbudget | Aug 23, 2007 01:03am | #36

      sounds kinda funny right now but over the years i have had 1 tenant stay 13 years and probaly 3 others stay more than 3. so it's been a great rental for keeping occupied. i don't ever remember it sitting 30-45 days.

      today has been quite a emotional  and stressful day as the police released it ,i got  in to see what was going to be done and getting bids for clean up and having the wifes family come in.  my take on landlording at the moment is it sucks,i should of been a professional paperboy!

       

      larry,the profesional paperboy,that has a nice ring to it!hand me the chainsaw, i need to trim the casing just a hair.

      1. joeh | Aug 23, 2007 01:21am | #37

        What a mess, but is this going to make it better?

        having the wifes family come in

        Her family may do damage to husbands property or remove some of it. You will have no way of know who owns what except for her parents say so.

        Don't know what the legal aspect is, but it sure seems like potential trouble for YOU.

        Joe H 

        1. alwaysoverbudget | Aug 23, 2007 01:32am | #38

          i completely grasp what you are saying.but there is no way to say no you can't get clothes to bury your daughter in,no way no how. so the police actually escorted them to the house and how i handled it was,their 16 year old boy was with them. rent is paid till 9-1,he is one of my tennats on the lease, he has a right to be in the house period. i talked with the father of the woman that was shot and asked him not to completely put me behind the 8 ball,and left it at that.

          if the husband wants to sue me,fine let him hire a lawyer from jail and go to it. if his family feels cheated,so does this girls family.if i'm going to error it will be on their side.

          i know i'm hanging out there a little,but i have actually talk to my insurance company about my laibility and they were comfortable with  this,as they would be the one to defend me.  

          paperboys don't have these problems.   larryhand me the chainsaw, i need to trim the casing just a hair.

  13. mrfixitusa | Aug 23, 2007 06:14pm | #41

    Larry this is a little off topic but did you know about the building materials auction coming up on saturday?

    I went to it last year and my brother bought a nice set of maple kitchen cabinets at a good price.

    http://www.eberhardtauctions.com/AUCTIONS.htm

    ^^^^^^

     

    a Smith & Wesson beats four Aces

    1. alwaysoverbudget | Aug 24, 2007 03:28am | #42

      i had never heard about that auction. i am charter member of "went to a auction,bought something i don't need,but it was a bargin anyway"

      have you heard of that group works like aa.

      you know after this week it sounds good to fall off the wagon,but girls family comes in sat to move all her stuff.  thanks for the heads up   larryhand me the chainsaw, i need to trim the casing just a hair.

    2. alwaysoverbudget | Aug 24, 2007 03:32am | #43

      well just a quik update.second family came in today to get some things,and the fun started!

      wheres the stereo speakers,they ask.who took them?  i reply i don't know but i have a roll of film with pics of the entire house 15 mins after it was released to me.

      so i go get the film developed,guess what no speakers in the pics.best 10.00 i ever spent!   larry

      hand me the chainsaw, i need to trim the casing just a hair.

      Edited 8/23/2007 8:33 pm by alwaysoverbudget

      Edited 8/23/2007 8:34 pm by alwaysoverbudget

  14. mrfixitusa | Sep 30, 2007 04:52pm | #44

    Larry, do you know anything about the house at 452 S Winterset?

    It's a foreclosure that's been on the market for a week and a half.

    It's 1740 sq feet with two car garage and it's priced at $69,900 and it looks kind of rough in the pictures.

    I'm putting my house on the market today for $113,000 and I'll see what happens with it.

    ^^^^^^

     

    a Smith & Wesson beats four Aces

    1. alwaysoverbudget | Oct 01, 2007 05:06am | #45

      good area,lots of sq ft,it sounds pretty good. i have not seen it,not been looking,after the last 45 days i'm not much in the mood for any more r.e. right now......

      what are you thinking,sell yours and roll into this one? that would be pretty sweet to do. i do like the area your in a little better just cause this one on winterset is around all that comm. stuff to the south. good luck on selling yours. larrywhy pay someone to screw it up,i can do it for free....

      1. mrfixitusa | Oct 01, 2007 08:37pm | #46

        Larry, I looked at the house on Winterset this morning and it would really be a major project for someone. It's your typical 1950's L-Shape Ranch house except it has a family room with a fireplace which is shared with the living room.The house is straight north of burlington coat factory. It's a block from the Dollar General beside sam's club. There's a lot of traffic on the street on the south side of the house.The house is your typical run down, smelly, bank foreclosure. It needs a lot. The windows are rotted out really bad. You can tell they didn't take care of the house over a period of many years.I'm not going to make an offer on it, I don't want to take on something like that. I just work by myself and I'm too slow.I'm going to sell my house and move to Denver. I've got several things going right now and can't just pack up and move tomorrow or anytime soon but I'm going to eventually get out of here.I put my house on the market yesterday morning and put out some open house signs and had 15-20 people come to my open house. I didn't have an ad in the paper. Mostly elderly retired people and older people looking for their kids who are buying their first home.Everyone at the open house said "your price is way too high" so I guess I got a lot of good feedback.I didn't get the impression anyone fell in love with this house yesterday but I'll see what happens.^^^^^^

         

        a Smith & Wesson beats four Aces

        1. alwaysoverbudget | Oct 02, 2007 06:55am | #47

          keywords: smelly

                         rotten

                         major project

          sounds like my kinda deal

          i would be a buyer if it just had a little hazardous waste laying around!!! 

          wow ,15-20 people on a open house sign and everbody saying it's to high? the reason you had that many lookers is becuase it's a great neighbor hood. my niece sold a house at approx 765 crestline a year ago ,needed a little work,brought 110k. 3 bedr 1car blonde brick house,probably 1150-1200 sf.i have one across the street from hers 1000 sf ,full basement ,1 car,brick if the phone rang right now i'd pass at 120,just because of the hood it's in. just hang tight someone will come along and want it. larrywhy pay someone to screw it up,i can do it for free....

  15. Dudley | Oct 02, 2007 03:52pm | #48

    I have had a couple of these - one was an ax murder and the other was a shooting

    Its good to talk to an experienced R/E Lawyer who is familiar with evictions.  Just to protect yourself, you need to go though the legal system in getting the house cleaned out - storage places may not accept as they know it is going to end up at auction -- ya gota do what you can to take the blemish off the property -- rugs and paint and reduced rent for the first year - you need to get it back in service and it will be easier if you take a little less and get it back in operation instead of leading the market - goes without saying to take many pictures of the personal posessions (make, model and serial numbers - good luck

    1. alwaysoverbudget | Oct 02, 2007 04:22pm | #49

      when i said season landlord i didn't figure as season as you. gee a ax that had to be something else,anyway this happened about 45 days ago and where we now stand is  as of last fri the property is vacant and i have complete possesion and ready to do something with it.

      what you said is what we are thinking,go in all new paint,carpets,refinish the wood floors,make it as fresh and clean as possible.but then the question of who wants to live there. the rent on this house was 625.00,now should be around 650-675. we have priced it to a couple people at 525.maybe we will have to go lower.had a policewoman look at living there the other day but just couldn't get her,that would of been perfect.

      also still pricing it to sell if we could but no takers .it's a hellof a stigma for some people to get over.

      another idea is to  put it in the welfare system,these people would overlook the problem just to get a house ,after all the gov. pays for it. if i did this rent would probably be in the 750.00 range,so thats a way to keep the money up also.

      any other ideas i'd like to hear them..       larrywhy pay someone to screw it up,i can do it for free....

      1. Dudley | Oct 02, 2007 08:51pm | #50

        here is your solution if you want to sell -- clean it up so good that you would move in - place an ad -- rent for 2 years at ~$700 a month and the 25th month we go to closing and I give you $4,800 towards closing costs or to you if we close -- take one month up front to rent and $750 security deposit and $1,500 option cost (non-refundable)  -- ad says $3,000 move you in and it is yours in 25 months -- come up with a fair price and you will have a taker the first weekend

      2. mrfixitusa | Oct 02, 2007 10:51pm | #51

        Larry,I'm sitting here with three 10% off coupons at HD.Only one has my name on it as the exclusive user.If you want one of these let me know.^^^^^^

         

        a Smith & Wesson beats four Aces

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