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Sep 19, 2024
8:37
:30
pm
GfB
I'm not crazy, you're crazy
4 plex renters are not the type to train their pets
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GfB
Previous username
Grit for Brains
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GfB
Joined
Aug 30, 2011
Last login
Sep 19, 2024
Total posts
21,061 (2,708 FO)
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Messages
Author
Time
Rough start to owning our first rental property
Chasicle
8:25pm
Up to the discretion of the bishop on how long they will pay.
HFF
8:29pm
My recollection is the bishop has discretion up to $5k.
Best Guess
8:33pm
nope
supertux
8:37pm
Nope. Not even close with today’s rental rates.
BoiseBlueCoug
8:41pm
Looks like things have changed. Used to be limits for both bishop and stake in
Best Guess
8:48pm
There are limits on paying medical bills
TSTTKB
9:54pm
The Bishop has discretion. Amounts may be reviewed in the Stake Pres PPI but there isn’t a rule.
Tokolosh
8:44pm
The $5k limit is for medical I believe.
PROBcoug
8:46pm
$10k according to this updated document, but I think it varies by region
supertux
8:50pm
<< Deleted >>
SanDiegoCoug
8:55pm
That’s for medical
Adwight
8:49pm
They had perfect payment histories, but not long since it was recently renovated
Chasicle
8:35pm
I’m not sure the church has a “policy”
NanoFab Coug
8:29pm
Yeah my SP made a policy that the bishop can only approve 3 months. After that, the member meets with the SP.
KingDave
8:53pm
The Bishop decides how long he wants to pay rent.
WJCougar
8:29pm
Cats are known to pee on everything and scratch up wood surfaces.
JAGA97
8:30pm
RE: Cats are known to pee on everything and scratch up wood surfaces.
WJCougar
8:36pm
Maybe we should inspect to see if it's causing damage. Hopefully it's trained
Chasicle
8:36pm
4 plex renters are not the type to train their pets
GfB
8:37pm
I’d prefer the late payer to the cat. I’m on my second tenant. First I allowed
DiamondMo
9:11pm
Try low income rentals 😂. Actually in Utah they aren’t bad. In Arizona is a
ybecausethatswhy
8:34pm
Why I got out of rental business. My mutual fund doesn't call at 3:00 AM.
OrsoNero
8:35pm
That's why I put my wife in charge. She's "Mr. Manager." She's wanted a part
Chasicle
8:37pm
RE: That's why I put my wife in charge. She's "Mr. Manager." She's wanted a part
HandwovenBox
8:44pm
I'm glad someone got the reference.
Chasicle
8:49pm
This is why I will only ever rent commercial property, NNN.
SausageKing
8:36pm
You’re too nice.
garyfan
8:36pm
I was. I've already lost my patience and will be out for blood next month. If we
Chasicle
8:39pm
Congratulations on purchasing your first rental!
JohnnyC
8:36pm
We're already considering hiring a PM company. We'll give it a go at first but
Chasicle
8:38pm
Find the management company with the lowest ratings from tenants. They will
JAGA97
8:41pm
Best advice ever.
Chasicle
8:48pm
RE: Find the management company with the lowest ratings from tenants. They will
IAmSpartyCoug
9:56pm
Second this. It saved our bacon with some tenant issues
Mexicougazul
8:40pm
Early in our married life many years ago our Branch President owned a 48-unit
The Farm
8:40pm
My mother-in-law owns a couple of 20-unit complexes. One in Provo. We managed
Chasicle
8:43pm
Sounds miserable. Sorry, man. But having tenants that don’t pay or pay late is
Iman23
8:40pm
No bounced check fees luckily. I'm going in to deposit the church check tomorrow
Chasicle
8:44pm
Passive income at its finest.
blackandblue
9:42pm
Why on earth are you accepting checks from tenants? Of course they bounce. The
Junior Deputy
10:05pm
Well, we are no longer accepting checks, obviously.
Chasicle
10:10pm
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