All Forum Posts by: Tami R.

Nancy what are your pre screening questions and do you email them or how do you ask?

shingles not worth it..... waste of $$$

regarding showing when current tenant lives in unit, I take that case by case. I've struggled a little lately with showings. I want to ensure I get the best qualified tenants and I understand doing a set showing doesn't fit everyone's work schedule so I don't want to miss out on an opportunity. I keep thinking about my time being valuable and wondering if there's a way I can do a short pre-screening prior to showing a house. Just today I showed a lady that doesn't have a job a $700 house and her current rent is $300. She was a mess, I wasted 45 minutes and immediately I knew she would never qualify.

We kinda do that too... but I know a couple real estate management company's that are having the people fill out a pre-application.  The last couple years I have thought what jerks.... now I am thinking what is my time worth.  Usually within 1 minute (not to prejudge but yes) I can say if it's going to work or not... sometimes they surprise me.  I check Facebook out right away and then go from there... and sometimes I just don't even show based on "how they live their life on FB"

Dave, is that 20 to 30k after taxes?

I have about 75 doors about 85% SF. looking at making a purchase of 95 more doors with 90% being multi units. I was curious on how everyone does the viewing process of a vacant property? do you make potential tenant fill out an application prior or show house first. I have always shown house first but I would say majority of the time if I would have seen their app I would have known if it was a waste of time or not.... i.e. someone making $1k a month, I am not letting rent a $600 house. what is your process?

sometimes for me the best thing is cash for keys. it has taken me over 2 months working with cops and city on getting this tenant that I inherited out of a house. the house was "white tag" originally because she didn't have power , she was stealing power from company got busted. and ever since I have been trying to evict her. had to hire lawyers which I usually do my own court evictions... My pipes have busted I tried having my guys load her stuff into her trucks and pay her to leave. even 1k would have been worth more than what I am going through now

I am looking at buying a factory building that's basically 150,000 sq foot.  with offices detached which do need some work but have a sprinkler systems etc... and then a couple lots and some smaller buildings.  Approximately 3 city blocks.  Taxes are 28k a year which I can get that down.

I can get the building for $850k to $900k - we own a large construction company and we were going to build a building for about $400k so we would occupy probably 15,000-20,000 sq foot of the building and then for sure redo the office building into apartments.  Don't know what kind of apartments - general or maybe short term stay.  The city is really lacking short term apartment for the hospital etc... 

My question is the rest of the warehouse... I could rent it out to other factories but was also wondering about other creative ideas... NO Storage units.  We already have tons of climate control storage units and I already own storage units.  Ideas

I own a roofing company... tear off the shingles. don't add the extra weight, put on a good shingle get a warranty with it. no one will give you a warranty by going over another lager6

The expense is mortgage.