Wednesday, May 13, 2009

Neglected blogs, landlord blues, & thieving housemates.

It's been a few weeks since I put anything here, and it's mainly because I've been working through my lunch hour and trying to get enough sleep.

In the meantime, a semester ended and a new one began. So, I have a new batch of students in the Cisco Switching and Wireless class.

Also, I've been through a round of mortgage loan modifications and refinances to get lower payments on the rental properties, and move any missed payments to the end of the loan. So, with the foreclosure threat gone, I have focused on getting properties back into saleable/rentable condition. Not cheap. Not fun. I have one rented, one sold, one foreclosed (short sale failed, old house, needed to go), and one vacant while I'm slowly rehabbing it.

I also caught the folks who rent my basement stealing from me. That was a major downer. I lost my temper, but I got more than a confession, I got a pawn receipt. I asked them to move out in the next month, no matter what. Now, I'm in a dilemma. Do I press charges? Do I accept the pleas of apology, not press charges, and just go pay the pawn broker to get my stuff back until they can repay me? How frustrating is that?

If I tell the pawn shop folks the whole story, they'll press felony charges whether I do or not. Anyway, I hate to see a grown man cry, like when I threatened to call the police yesterday. He has a one year old child. What's the right thing? I don't want to send a desperate man to jail over a few hundred dollars, which he spent on diapers, formula, and birthday gifts for his one year old kid. Did he learn a lesson from being caught? Hard to say.