No Good Deed Goes Unpunished
Sunday, December 17
So here is one for the books. We had a model tenant. He had been renting from us for over 4 years. He was occasionally late but would always pay the late fees and get caught up before the 3-day notice would expire. Back in October as I was signing 3-day notices I saw that he had not paid Sept...
A Good Deal BUT It's In a WAR ZONE
Thursday, June 23
The other day a fellow investor came to me and said, "I have a good deal but, it's in a war zone." I thought about that for a minute. What makes it a good deal. Well you see my friend had found a quad that was showing a cap rate of 13.5. So was that really a good deal? All the numbers where ...
So You Have A Guy That Can Do That
Saturday, June 11
I have a hard time understanding why some owner / investors that I work with insist on either doing their own turn arounds and repairs or want to hire a friend or someone they know to do the repairs on thier rental home.Here are 3 reasons you should not do your own repairs if you have hired a pr...
"I can't afford a property manager"
Sunday, May 29
One of the most common objections that I hear when telling people about what we do is the "I can't afford a property manager"On average a good property manager who understands the market rents for an area, has a platform to advertise the property and a good system for showing the property will ge...