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All Forum Posts by: Kevin French

Kevin French has started 7 posts and replied 32 times.

Post: Made $16k in my first Wholesale Deal

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

I'm confused. What part is that bothers yall? The fact that he reached out to a realtor, but ended up doing a cash wholesale?

Post: What is a good site to look up phone numbers?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Alright. We looked at White pages, and we don't have a problem paying for the service. We just wanted to see what people were using first. Thank you!!!

Post: What is a good site to look up phone numbers?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

We are trying to find the phone number for a person listed as owner of a specific property. There are many pay sites to look up phone numbers. Are there any that anyone here uses regularly? Or do you have another site that works and is free? Thanks for the help.

Post: Tenant Applicants say the dumbest things

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Some of these are really good. I recently left the oilfield and decided to jump into investing full time. Obviously I went from having a steady paycheck to being self employed, but I didn't have the 2 years tax returns like everyone usually wants. I have cash reserves, but not enough to pay a full year like most wanted. And, we have a well trained German Shepherd. It was really, really, really hard to find a place. I had to go to a realtor and ask for help. We were able to get a place for a double deposit and first and last months rent.

I can just picture the landlords/owners reactions when hearing my story after reading what everyone here has been saying.

Post: Do you (or your pm co) do interior inspections of your rentals?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15
Originally posted by @Mindy Jensen:

@Kevin French, I think it speaks volumes about your PM that they do the inspections and take pics. As long as they are communicating with the tenants that they want to keep the property in top shape, and are not obnoxious about it.

Did the tenants complain? 

I've got a friend who self manages his duplex. He changes the furnace filters for the tenants, and is in once a month to do that. It helps him keep an eye on the places without being too intrusive, plus makes sure the filter gets changed. He also asks if there's anything he can do while he's there. It makes for an "I'm on your side" impression and he's got a great relationship with his tenants.

 If they complained, they didn't complain to me. They don't have my contact info though.

The filter idea is a good one.

Post: Do you (or your pm co) do interior inspections of your rentals?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15
Originally posted by @Account Closed:

 I agree it's intrusive.  I have to put up with 4 inspections a year now, in subsidized senior housing.  But, they're quick, and the reason they are required, is mainly to make sure I have decent housing.  They just make sure the fire alarm works, smoke detectors work, heaters, etc.

If they got out a camera, I'd shoo them out the door.  I would not allow it.

When I was a manager, we did really quick inspections every 6 months, checked the smoke detectors, quick check to see if there are leaks under sinks, mold in shower, if a/c unit was leaking inside, asked tenant if there were any issues, and off to the next one.  Not intrusive.

Again, our reason for inspecting was to make sure things were working - not to spy on the tenants.

I think you have to think about what kind of tenant would put up with that kind of invasion, and what kind would not.  You're only going to keep the kind that would be okay with that.  And I don't think that would be a good thing.

Some landlords and property managers forget that tenants are people, and that when they pay you rent, they are purchasing the right to be able to live in that unit as if it was their home.  If you treat your tenants like naughty, secretive peons, the only long-term tenants you will have will be naughty, secretive peons.  Like a self-fulfilling prophesy  

The fact that it gave you a hinky feeling goes to show that it's not something you'd be comfortable with, so that's a good indicator that your tenants wouldn't love it either.

You just can't treat people badly, and then expect them to be a long-term ATM machine that spits out rent every month forever.

But, of course, your PM probably makes money every time the place turns over, so they don't care if they are irritating the tenants and having to get a new tenant every year, because none of the tenants want to stay after their lease is up.

This is exactly how I feel. I think I should have given more details. 

This was a 3 month inspection. They went in and took many pictures, so many that it took 3 pages of email to attach them all. That's not just checking smoke alarms and mold areas. 

I feel that was way intrusive. If I was a tenent, and and the landlord or PM wanted to inspect, and took all kinds of pictures of everything like that, I know it would bother me. I try to think of things in how they would effect me, and use that in decision making for my house.

I sent the guy an email, and he gave me excuses to why he wants to keep doing them. I am going to let him I do not want anymore midterm inspections unless they are for safety items. Drive by yard inspections are fine, but we usually do that every time we are in town. 

We will be switching PM companies to Renters Warehouse after this contract is up with Century 21. I've only heard good things about them. And Century 21 took 2 months to get this place rented last vacancy.

Anyway, thanks for the help guys. I appreciate the input.

Post: Do you (or your pm co) do interior inspections of your rentals?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Thanks guys. This wasn't a move in inspection, it was a 3 month inspection. 

Post: Do you (or your pm co) do interior inspections of your rentals?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Quick question. We have been using Century 21 property management for about 4 years on a property 4 hours from here. This year they changed managers and they did an interior inspection. He says records show they did the inspections since 2013, but that the last manager never mentioned it. I haven't required this before, and when they did this they took lots of pictures of the inside of the house. Really I felt it was rather intrusive, and sent the PM an email asking them to refrain from that in the future unless there seems to be a problem. Am I wrong in this?

Who does inspections inside their properties?

Who doesn't do them, and has had issues because of this?

Post: Just turned 20, "Retire" by 25?

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Welcome to the group. The biggest thing I can say to you is don't limit yourself. If you want to retire by 25, then every day visualize doing exactly that. You can accomplish anything if you dedicate yourself to it. That's not saying it will be easy, because it won't. And everyone you know is going to tell you how impossible it is, or how much trouble, or point out every negative thing they can come up with. Stay positive, and remember that in every failure there is a lesson.

House hacking is a great start. And 5 years is a great goal. Keep pushing forward, through all the trouble, and it will be well worth it.

Post: Real Estate Investor from Katy, Texas

Kevin FrenchPosted
  • Real Estate Investor
  • Weatherford, TX
  • Posts 34
  • Votes 15

Hi Ricardo, welcome to the site. I myself am a Marine, spent 11 years in oil and gas and decided to make this my career after getting laid off again earlier this year. I'm just getting started though. I moved to Spring because my mentor, who was in my unit, lives and works here in Houston. 


We should meet up sometime. I'm always looking for more networking. I'll send you a PM.