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All Forum Posts by: Michael Currie

Michael Currie has started 4 posts and replied 30 times.

Post: Hello

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Keely,

Welcome to Bigger Pockets.

I hope you enjoy the site.  

I enjoy answering questions about tenant relations, if you ever have any.

Post: New to the Bigger Pockeets Community

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Darrin,

Welcome to bigger pockets.  It sounds like you have a great portfolio already started.

I really enjoy answering tenant relation questions, if you ever have any.

Have a super weekend

Post: September 22, Amazon Book Launch - Property Management Book

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

I will be launching a book about property management on September 22, 2016

It is written as part story telling and part practical guide.

I wrote the book that I wish I had when I started investing.

You can pre-order the Kindle version right now (click this link) limited time just $2.00

It all goes live on Amazon September 22, 2016.

I hope to help a lot of people with this book.

Michael P Currie

Landlordbydesign - click this link for lots of great and many entertaining property management stories

Here is what Julie Broad had to say:

Post: Tenant drama - changing locks

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Paul,

I think you should hold them to the lease rules.  I would not change the locks until you worked out a new lease deal with Joe (unless you feel there could be violence, which if Jane is crazy, a new lock will not stop her).

If Joe is unable to handle the lease on his own, or work out a deal to settle up and start a fresh lease, I would just start the eviction process.

Joe will either come to the party, or maybe just bail.

Either way it sucks, but it is better than getting sucked into the Jane and Joe drama vortex.

Michael P Currie

Post: Eviction processed.. do I really need to keep their crap???

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Caleb, Sorry about your trouble.

It appears since you received a court order, it would put you on the radar, (if they complained).

I am not sure I can answer your question on a massive forum like this, but I will share a story.

I have a friend that ended up selling school books that were left in a unit after the tenant bailed mid-term and left him high and dry.

The student came after him with court action, even though they just up and left.  Since the books were gone, he had to give her cash, and still never recovered any lost rent.

In this case, I think you are going to have to do the right thing, and hang on to the stuff.

You are fortunate to have a garage,

Michael P Currie

Post: Jumping in to the game in Denver.

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Robyn, that is amazing.  Congratulations on making the decision to become a landlord.

the great part about this business, that even if you kept it simple with just your one rental, pay it off, and presto income for life (after years of tax benefits).

Have a super day,

Michael P Currie

Post: New Member in GA

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Welcome to bigger pockets.  I enjoy answering property management questions, if you ever have any.

Another interesting fact, is that although I am in a more northern region of the east coast, I have been to your amazing part of the world several times,  I have a friend with a local company called Nova Georgia Limited, that has about 200 units between South Carolina and Georgia.

Michael P Currie

Post: Newbie in Kansas

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Welcome Cathy,

My specialty is answering property management questions, but I can also give you advice on getting started.

I think it is one of those things, where you read all the theory, jump in and learn from there.

If I can offer any assistance let me know,

Michael P Currie

Post: New Investor in Brooklyn, NY.

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15

Hi Dan,

Welcome to Bigger Pockets, 

A two - four unit property that you could owner occupy sounds like it would be a great place to start. In my opinion some of the challenges with properties are tenant (customer) relation issues, also building maintenance issues.

If you are looking at it as an ad on to your investment portfolio, then I would start simple.  Buy a nice 2 - 4 unit property fix it up, live in it, and pay it off, or re-finance it, and buy another one.

I do not want to over whelm you with strategy, but I will tell you, you will likely get excited about the tax benefits of owning rental units.

To sum it up, keep it simple, test the waters, make a plan and execute 

Michael P Currie

P.S. be careful it can become an addiction 

Post: Hindsight is 50-50 for building a team

Michael CurriePosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 30
  • Votes 15
I have to agree, every member of the team is really important. I do feel the most important person is a real estate agent that is willing and able to work with you as an investor. It takes a different kind of skill set to deal with investors. Most agents are used to selling based on getting the client emotionally attached to a property and are willing to stretch and compromise. Investors care about the numbers, location, how it fits in their portfolio, how quick they can view, etc... Plus investors are on the hunt for deals, so it is sort of an open relationship. Michael P Currie