All Forum Posts by: Alf Gizzo

Dory, our experience has been quite positive. Our recidivism rate is 50%. That means that 1/2 of the tenants we have go on to optaining their own private apartments and don't need a shared transitional living arrangment any longer. We only take non-violent offenders, and we screen them pretty heavely for work experience and their potential ability to find work quickly.

Haven't yet heard of Catherine Rohr, so looking forward to finding out more about her program.

We don't offer any additional services or programs for tenants. And our Dept of Corrections like it that way. We're just teh landlords.

Check out our "free report" offer on our web site. www.earthwalkerproperties.com
It provides quite a bit of insight into our experiences here in Colorado.

I certainly applaud you for wanting to offer programming/counceling etc...
They certainly need that. There are many faith based orginizations here in Denver that provide those services for us. If the tenant wants to take advantage of them.

I'm trying to get Joshua to move my group forum "Felon Friendly Landlords" to the Landlord and Tenant Forums.

Keep coming back, and I'll do my best to keep up with this forum I started.

Thanks for your input. Alf..

Great job MikeOH! I'm hoping to get a forum started for felon friendly landlords so that we can all share.

Looking for others who have rented clean furnished rooms to former offenders... men or women out on parole or probation. We do it here in Colorado, but wondered if anyone else is...

Like to hear and create a special forum for this group of landlords.

Alf...

Thanks Jon, I've got Excel, would you have the formula I'd need to calculate each payments amount to principle and amount applied to interest?

Thanks Nick... I tried it, but you couldn't add in additional payments to principle.

Any other suggestions?

Is there a payment calculator out there that can figure out what the payoff amount would be monthly, on a fully amortized loan after an additional amount was paid to principle each month?

Would anyone out there have the language that I could put into a promissory note? I've got the note all done except for a few lines or paragraph which would state that the borrower would hold the note holder harmless in the event that the note holders primary conventional loan maker were to discover that title had passed and demanded payment in full. Thus requiring the new note holder to either refinance the note he's signed or sell the property to satisfy the note. Any ideas?

Thank you!

Even though I signed up weeks ago, just now starting to learn how to use the site. My wife Jeannie and I, purchase distressed properties, rehab, furnish and rent inidividual rooms out to former offenders trying to get back on their feet. Thereby, maximizing rental income on SFRs and multi-family. This is our first foray into this type of networking. Looking forward to cooresponding with other "Social Entrepreneurs" in Real Estate.