All Forum Posts by: Douglas Peterson

I should clarify my question. If you know the owner on record, but the house is vacant and they are not living there, how do you find them? How do you get their phone or current address?
Short of hiring a private investigator, how do you track these folks down?

Thanks,
Doug

To Fellow Investors,

What resources do you use when trying to track down the owner of a vacant property?

Thanks,
Doug Peterson

6.5% is too low for the risk

I didn't mean to double post.
How do you remove a post?

To All,
For those that have hired a project manager, how have you structured the position?
What is the total salary range for this position?
Have you done salary or salary plus commission or all commission?
What kind of volume were you doing when you got to the point to hire a project manager?
What have you done about health insurance?
Any other critical issues you think need to be addressed in structuring such a position?

Thanks,
Doug Peterson

To Fellow Investors,

At what point in your business did you or would you choose to add part or full-time staff instead of using independent contractors?

What position did you or would you hire first?

Thanks for your thoughts,
Doug Peterson

I would move from CT to San Diego as fast as possible, but I grew up in Florida

I have some S8 tenants in my properties.

For what it's worth, I've made a choice to keep my S8 revenue under 20% of my total revenue. At some point our government at all levels is going to have to cut back, and I don't want to be hit too hard when it happens.

Plus, one rule in business is to diversify your vendors and customer base. If all your properties are S8, you are not diversified and you are at greater risk.

To Fellow Investors,

What iPad app have you found to be the best for estimating repairs on your rehabs or for running a cash flow analysis?

Thanks,
Doug Peterson

I've used Myfax for years
They have different programs to fit your needs