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All Forum Posts by: Robert Fountain

Robert Fountain has started 15 posts and replied 65 times.

Post: Damage to unit . Best course of action

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

In may of this year I decided to sell one of my units. I gave the tenant a notice to vacate.

The tenant did not pay rent for the last month and did about $5,000 with of damage / junk removal to the unit. Carpet is trashed, walls are damaged, doors ripped off hinges etc. security deposit covered rent but the rest is outstanding.

She left before final walkout and of course did not leave a forwarding address but I do have her name , SSN and date of birth from her rental application.

My thoughts are to send an itemized list of damages in a certified letter to my unit and hope she left forwarding address with post office. Eventually I can get her new address and then sue her on small claims. Chances are she won’t show and if she does, I have all the evidence so a judgement should be fairly easy. Now collecting the judgement is another story.

Has anyone successfully collected in a situation like this? If so, what was your strategy?

Post: Hagerstown MD Flip Prospect

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24
Originally posted by @Benjamin Seibert:

@Brandon Allenczy Georgia Ave is a hit or miss street. This area has slowly been getting turned by investors (I just rehabbed a duplex just down the street) but still has its fair share of issues. A 1 BR 1 BA is always less attractive to buyers and the square footage makes it tough as well. I personally don't like the price and rehab amount for this one. Wouldn't rent more than $900 probably either if you had to rent - which technically meets 1% rule but you'd have city & county taxes and maintenance which would hurt cash flow. I'd want to get the property cheaper for a $40K rehab and $80K ARV

Also to add that you’d have the city license fee and inspection issues to deal with which eats into your roi. Hagerstown is not landlord friendly  

Post: Investing in Hagerstown, MD

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

The north end is the best by far 

Post: Looking for contractor in Chambersburg, PA

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

Michael

I went with apex home improvements in greencastle. They did a really good job 

Post: Scranton PA fires & other observations

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

Born and raised in Scranton, Pa (Clarks Summit to be exact).  Where in Scranton did you see these properties?  There are many different areas, each of which will have their own positives/negatives.

Scranton, as a whole, is a depressed city.  Unless you were born and raised in the area nobody really moves there.  There aren't any jobs unless you work in a factory or want to commute to NYC every day.   You have the University of Scranton, Marywood University and Johnson College (university?) all in or around Scranton.  Scoop up some properties by those areas and you could get some pretty stable rentals.

As far as your #2, I wouldn't really be concerned with that.  Nobody is going around the city and torching it.  

Post: Property management help needed!

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

Let me guess... Billwood Properties?

Post: Looking for contractor in Chambersburg, PA

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

I have a tenant moving out of one of my 1br units at the end of the month and I'm looking for a contractor to do a bathroom remodel and some small repairs throughout the unit.  

Any recommendations would be greatly appreciated.

Post: 4-unit portfolio for $180k in Hagerstown

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

Definitely interested.  can you send more info to me at [email protected]

Thanks

Post: Looking for a Roofer in Hagerstown, MD

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

I'm looking for a roofer in the Hagerstown, MD area that can repair some shingles that blew off the roof on one of my rentals.  Any recommendations would be greatly appreciated.

Thanks

Post: Website creating for wholesaling

Robert FountainPosted
  • Investor
  • Greencastle, PA
  • Posts 67
  • Votes 24

I own a web development company so I create my own.