All Forum Posts by: Todd Powell

@Dustin Woodley thanks, great input!

@Dennis M. Interesting that this forum seems split 50/50. Thanks for your input!

@Bill Crow renters have to contact their own insurance company right? Someone mentioned throwing it in, but landlords cannot call ins company and set this up right? Can you tell me how your process works and thank you very much

@Brook Rieman. BINGO! well said !

@Gilbert Dominguez I disagree. Do you of your tenants live a clean and balmeless life behind the curtain? Maybe, but if its a deal, just leverage the realtors and sellers during the inspection period, OR do not renew. I mean hes been there 5 months and has not harmed anyone, so why walk? And I promise this said man will be living by kids again, just as he is now in his life. Its not endorsing, thats why they checked prior!! I applaud them as most buyers would have NEVER done this? Would you do this up front ?

@Jill F. I totally agree. My best deals have had lots of hair on it. One run down building had druggies and one lady stabbed two women during my eviction stage. Funny it was aprils fools day and she is still in jail awaiting attempted murder charges. My place is rehabbed and full of wonderful tenants so do not run from this IF its a deal! Boom!

@Todd Powell correction, I endorse but do not ENFORCE. I am now rethinking after all this info. Thanks everyone for your insightful input!

@Daniel P. Sounds you run your business well. Getting the impression about half of the landlords actually enforce or require. My lease state its mandatory but I dont endorse. Good discussions here and will also pass along to my son @Jason Powell

@Tom R. Fun to fantasize about but cannot bring myself to spend a dime on it I think I have a better chance finding the golden ticket to the willie wonka chocolate factory Besides, I have seen several people I know that got severely hooked into gambling when they just merely “had fun” and started to gamble. Greed is real and easy to chase get rich quick. RE is slow gains over time, well maybe fast gains too! Lol

@Chris Bruneau my son is a financial advisor and he expects a market drop soon as it’s over valued.