All Forum Posts by: Scott Mac

Hi Rob,

Are you saying Louisville needs 31,000 units to house (for instance) each housing a family of 4 earning $35,750?

That would be 31,000 WORKING people making $17.85 hour currently with 124,000 living in the streets homeless (probably 3/4 children)? Wow!

This seems like a population that could benefit from living in rental mobile home parks.

Seems like you guys could set up some "Shabby" trailers on cheap vacant land somewhere at the edge of town (cheap taxes) and get the bus route to go out there to take them to work and shopping and fill a need.

Sometimes people in Texas give older mobile homes away for the hauling.

At $35,750 a year that's $3,000 a month Gross (with 3 deductions), they could afford to rent cheap trailers without Section-8.

All you'd need is septic, electric and propane out there.

A shabby rented mobile home at the edge of town is a lot better than living in the streets (supply demand),

And it might cash flow attractively (with Class-D management issues of course).

Just my 2 cents on this.

Good Luck!

Hi Jim,

Rather than focus on the tenets of the building being an issue (possible legal issues),

you might want to focus on the controllable things like code violations, etc...

Also, maybe call the owner and introduce yourself and maybe offer him an OWC (he might want out).

Good Luck!

Hi Maheswar, 

I think tenants should not install anything on the premises. No Solar stuff, No Ham Radio antennas, No Flag poles, etc...

If it were me, (to be tactful) I'd tell them it seemed like a good idea but my attorney advised against it, and leave it at that.

That way you are not getting in to any kind  of perceived Political or environmental disagreement with them, and you remain the innocent middle man.

Just my 2 cents.

Good Luck!

Hi Aimee,

Never, just stick to business.

Good Luck!

Hi Rafael,

You might want to ask about any past Eviro-Phase 1 Brownfield check results, before getting too far into this financially.

Good Luck!

Hi Shawn,

It's probably not intelligent to collude with anyone to break Homeland Security laws.

Just my 2 cents.

Good Luck!

Hi Maria,

Go visit him in person and:

1. Tell him the rent is going up $50.

2. Ask him why you never get invited (either you will get invited from now on or will at least know why).

Good Luck!

HI Scott,

If it were me (since there is no clear cut culprit, and it's not worth T-ing off a possible innocent tenant with a bill),

I would simply warn them both verbally (door knocking), not to do this, and say it cost X to fix it, and say if it happens again you will bill them for it (although you don't have to follow through on this).

 Good Luck!

Hi Somdeb,

If it were me, I'd background both and only put the Father on the lease.

If the son is there for short periods I just wouldn't notice it.

Good Luck!

@Rafael Esteves

Hi Rafael,

There is no magic trick.

It's the knowledge, hard work, and skill of the Syndicator.

Good Luck!