Rick Stikeleather

Richard Stikeleather known as “Rick” is the owner and President of Stikeleather Realty and Investments. Since 1975 Rick has had his real estate license, Stikeleather Realty has been in business for over 35 years.

Rick is a true real estate investor and presently owns over 200 homes. Stikeleather Realty does property management of Rick’s property. Stikeleather Realty also handles around 150 properties for other owners. Rick makes sure his company handles other properties to the high standards that his property is handled.  He reviews all invoices and treats your money and property just like his own.

Rick is proud of his company’s name. He works closely with investors and property owners. He loves to talk about real estate and mainly loves working with people.

Rick has served many times on the Charlotte Ethics Real Estate Committee and was chairman in 2005. He has served as a deacon and elder in his church. Rick most of all is a Christian and gives credit for his success to the Lord.

Rick can be reached at 704-537-3900 if you have any real estate questions.  He loves to talk about real estate and to help others.

A newly published letter to the Editor of the Charlotte Observer from Rick:

Why I won’t work with the Charlotte Housing Authority

From Rick Stikeleather, president of Stikeleather Realty in Charlotte:

The Charlotte Housing Authority has many policies that cause landlords not to make their properties available to Section 8 clients.

CHA inspectors have other CHA inspectors go behind them and re-inspect to make sure they didn’t miss anything on the first inspection. This results in the making of unnecessary repair requests and more often, rent payment abatements. CHA will stop payment to the landlord for the tenant-side violations, as well. CHA requires that the landlords make sure someone is home between 8 a.m. and 5 p.m. on inspection day. If not, the landlord’s rent is stopped.

There have been times that advance notification of the inspection has not been given to the landlord, and rent has been stopped due to the fact that the inspection could not be made. CHA will not make appointments for inspections, and if there is no one at the home, rent will be abated and there will be no reimbursement to the landlord for any loss of rent. Inspections are conducted by CHA scheduling. These policies and others are the reasons that CHA does not have enough affordable homes for their clients.

CHA tenant clients are treated unfairly as citizens. Because CHA requires that their clients are home between 8-5, if the tenants have a job, they must miss work and wait for the inspector. If the tenant is not available for the inspection, and they decide to work that day, they can be removed from the Section 8 program. If the tenant gets a job and tries to improve their financial situation, they can be removed from the CHA program. The tenant has no say in the matter and no choice but to accept this. Consequently, this is no incentive for the tenant to get a job.

Furthermore, I also have spent my own money for many hours of payroll in trying to decipher and keep track of the constant CHA abatement bookkeeping errors.

I would like to help those in need of housing through CHA, but CHA has made this impossible. For both the tenant and the landlord, it is a no-win situation. Like many other landlords, I will not continue to do business with CHA.

Read more here: http://www.charlotteobserver.com/2014/10/08/5229156/why-i-wont-work-with-the-charlotte.html