All Forum Posts by: Rob J.

Thanks for checking in on me.

She is still baricaded in the apartment. The eviction was filed on February 9th, but was not tacked until yesterday. Apparentley, the Deputy Sheriff picked up the summons and then went home sick for 4 days. It normaly takes 48 hrs to tack and mail, but took 7 days and 3 calls to the Sheriff's office this time. Go figure. She has 6 more days to answer.

8 years of property management and this one is in the top 5.

Congratulations. Website looks good.

What were you able to outsource?

I have found that a website is aboslutely essential when you're buying and selling. I get better quality calls after they view my site from both buyers and sellers. Aaron recommended one service above that looks promising and I may make a change. My recommendation is to find one that will allow you to make changes easily. The service I use cost $29 per month. I can make changes in minutes just by typing without knowing anything about building websites.

Maybe some other investors could give a recommendation of services they use.

Excellent advice Mike!

Thanks to everyone for the help!!!!

I'll keep the post updated on the progress.

I like the way you think. I have scheduled a day with my handyman. We have a numerous items scheduled for repairs. We will be searching for the leak, but my plumber thinks it may be a frozen pipe. Since the squater and her son ran the last tenant out of the 4 unit building, the entire building is vacant. This is a perfect time to turn off the water to the building and search for the leak. If she will not allow me to enter the apartment, there is a possibility I will not be able to fix the problem. If I cannot fix the problem, I certainly cannot turn the water back on.

Any thoughts on my upcoming schedule?

You are right on. I was told by her son she is Bi Polar. The police officers who have spoken to her believes she is 59 watts short of a 60 watt bulb.

The lease does give me entry into the property with notification. I even had 4 police officers there when I gave notice and witness a scheduled time to enter. At the scheduled time, she would not allow entry. The police were called and they would not allow me to enforce my lease. I still cannot get access with the police present.

I welcome any feedback and suggestions. My business model is broken and need to fix it quickly.

I've been investing for over 8 years and specifically Sub To for the past 3 years. I buy with a minium of $15,000 in equity and a $200 positive cash flow. I typically get between $5,000-$11,000 down (5-7%). However, by the time I make up a payment or two, do a few repairs, and make a payment or two, I'm into the deal about $4,000-$5,000. I can cover this with the downpayment, but that does not leave much front end profit. I'm finding more and more of the new buyers are not getting qualified to refinance. I have NOT been able to find a good mortgage broker to work with my buyers. My business hinges on them refinancing.

I have attempted to negotiate better upfront with the sellers, but I typically get all I can.

Any thoughts?

You are right on with this. If we shut off the water, it will be to the whole building. Not just to that apartment. The Sheriifs department said she will be served to today. I was told by a neighbor that she plans to answer the eviction to ride it out. If she answers, we are in for another 3 weeks.

Thank you to everyone for the quick feedback. I have spoken to several police officers including a supervisor at the property.. All stated they they cannot force their way in our allow me to. Squater is there all of the time so I cannot go at a when she is not there. I scheduled a time with her with several officers there for the next day. Once we got there, she would not let us in and then called the police. The squater told the police she had been there for months. Of course this is a lie. However, the police are not willing to take the chance that she has established residency. My attorney, a judge, police, and several deputy sheriffs all believe she is a squater, but can only advise me to file for eviction. With the exception of the judge, they did believe I should shut off the water and document the damage with picture.