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All Forum Posts by: Kevin Young

Kevin Young has started 0 posts and replied 81 times.

Post: Consistent Late Payments but keeping Tenant - stupid?

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@J. Martin i've have crossed this bridged too … through my trial and error, i draw a firm line at the point a person doesn't do what they say. e.g., if they say i'll get you $ next friday and don't, then evict. don't give a second chance … I've been strung along, and burned.

additionally, if i need to chase them down, then I draw a line. IOWs, i'll happily collect a late fee if its hassle free.

i found a direct correlation between credit score and ones ability to pay on time … no surprise, the one person i needed to evict was the one (and only) exception i made to my rule.

Post: Real-estate finance courses online

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Matt Laird glad i stumbled upon this tread.

iTunes University has a lot of free courses from top Universities.

hey @Robert Musallam can you PM me contractor info too ;-) cheers!

Post: Rent Control in SF

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Account Closed

there's an attorney who specializes in representing landlords in SF who puts on workshops … PM me if you would like his name.

Post: SF Meetup - Fri, 4/25 in SF w/ Josh Dorkin & Brandon Turner

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@J. Martin tks for setting this up in SF ;-) looking forward to it!

Post: Real Estate Book

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

i have a copy. its good stuff. solid info.

Post: Real Estate corse

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Christopher Hunter i took lindahls bootcamp back in 07 when i was getting into mf. it was helpful. pricy, but helpful.

having gone through the bootcamp and having read his books, i'd suggest saving 3k and read his books … they have the exact same content that he covers in his courses. reading his book will give you a good framework from which you can build upon.

Post: Stop Cable TV vs Raising Rents

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Yuliany W. to offer a bay area data point … i own MF in the east bay and don't offer cable … tenants are on their own for basic services.

if your contracts allow you to stop offering the service and its not common, i'd communicate the change and then discontinue the service. it might be worth checking to see if the cable company can direct bill tenants if the tenant would want to continue with cable … i.e., make it easy for the tenant and provide them options. based on bay area cap rates, capturing back the 6k will add 75-100k of value to your building.

Post: Newbie takes a step

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Mussa Kiroga welcome to BP. I'm a mf commercial investor with some property in the east bay. i work in the south bay and down there most days ... and up to have lunch if you're willing to drive to cupertino some time. happy to talk about mf investing, deal analysis, and what i do to find deals. PM if you want to connect up.

Post: Muti-unit analyzation classes?

Kevin YoungPosted
  • Investor
  • San Francisco, CA
  • Posts 83
  • Votes 50

@Ben Kahle I found the website that hosts the ccim analysis spreadsheets. http://www.garytharp.com/forms/

i have not met gary tharp ... its my understanding he's the keeper of the ccim spreadsheets. the spreadsheets he posted are the exact same spreadsheets provided at the ccim courses.

thank you @Giovanni Isaksen for calling out that CCIM is commercial focused.