All Forum Posts by: John Hernandez

Cold calling scripts for what type of transaction specifically?

Bruh, who wouldn't want to sublease that. Good luck on someone willing to do STR on a prime property they are holding on to and haven't done it themselves already.

I have no objection to anyone striking the best deal possible for themselves. If both sides consider it a “deal” then fine, that is capitalism at its best. As for my opinion of wholesalers, to me they are vultures circling a carcass. Spare me the BS line that they are “saving” the seller from future hardships. They are taking advantage of a person(s), usually financially inexperienced or lacking in money management and now have had their backs up against the wall too long. Debts have been called and they have failed to meet their obligations. This is a clear instance of taking advantage of another. Again, so what? This is life and emotions and ethics aside, it is business. What irks me are the cold calls and unsolicited texts. Like another said, I already told you “No” so stop contacting me. Everyone loves easy money, but don’t act like a wholesaler “earned” their payout. 

Just for clarification on the tenant, none of the past evictions showed up on their rental or credit report? It it were me and a future landlord were to call and ask, I would only say they were removed by eviction court for (whatever the court decision was). I wouldn’t say anything about previous evictions nor anymore details than that. Just like an employer can say a previous employee was “terminated with cause” but cannot give details. Maybe I am wrong on this since I am not a lawyer but I agree, if the evictions don’t show up on their reports, it would be awful to “kick the can down the road”

Personally I hate the unsolicited text messages asking about property sales. I am glad they are cracking down on this. Figure out a different way wholesalers!

You claim that this is a discussion forum with no vitriol but your mockery and expression of ideas as if you have it all together is ridiculous. Your “superior” postings don’t indicate you have all the answers especially if it is to pound your chest as if we should all pay attention. Take a breath and step back from your account for a few….

I disagree with that summary. Just because you have a moral compass doesn't exclude you from being in REI. His question comes down to a self-analysis, is he contributing to the problem of housing affordability or is he accelerating it? This kind of concern separates a good landlord from a slumlord. Furthermore, asking the question opens up for learning and different perspectives.

Like everyone says, evict. I don’t care if they come up with all delinquent fees. To send a letter that he needs to get crayons to help you understand shows he already doesn’t respect you as a landlord and they presume to think that their other financial obligations take priority over their housing costs. I hope they don’t trash the place but if they do, know that you saved yourself a much bigger headache with years of poor tenants. Covid affected everyone, some more than others, but if it has knocked you back to a lower income level, then they need to learn to adjust to the different life, not make it other people’s financial burden as well. You think the bank would tolerate you using their excuse as a reason to not pay the mortgage?

Is there a general format that a scope of work should look like? What happens when the work order is all that is submitted? What would an incentive look like (eg “complete said goal by May 15 with $xx payment made”) or are we talking bonus money being given like in road construction?

Additionally, if you made a profit since the tenant left and you have sold the property, you may have trouble getting a judge to award any damages. You would have to prove loss that was not mitigated by the sale and loss of rent. If they trashed the house that bad I doubt they have anything to pay in restitution. If you really want to pursue it you could run another credit check but I am not sure that is legal as they have no application with you. Seems like cutting your losses is the best thing here.