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27 August 2021 | 4 replies
It would be a shame to rent the unit a few years with negative cash flow, no/minimal appreciation, and get a tax that can be avoided.I would heavily consider selling with one exception.
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14 August 2020 | 9 replies
It's a shame the original group didn't turn out well, hopefully the next one will be great.
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26 January 2023 | 28 replies
It's a shame to work your entire life, making money, building wealth, and not protect that or understand the highest and best use of that capital.
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23 March 2022 | 13 replies
In addition, the quality of work was completely unacceptable and I’m ashamed my Project Manager gave the green light to consider this home complete.
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13 January 2017 | 9 replies
You need to also take care of the following. 1.Fixing up a vacant rental so it can be rented out again.a.We had handy men to do most of this, but with 40 rentals my husband and I had to pitch in a do the labor ourselves as well.b.I would paint the house and garages.c.Husband would fix the repairs inside2.I would take care of the tenants.This entaileda.Taking care of advertising the homes (usually we had more than one vacancy at a time)b.Taking phone calls and screening tenantsc.Scheduling open housesd.Staging the housee.Interviewing the applicantsf.Making sure I double checked their application formsi.Criteriaii.Employersiii.Verifying funds and income3.Typing up the lease and making sure they understood the lease4.Then making sure the Tenants abided by the lease agreement5.Paid their rent on time6.And sent that Notice to Quit for Non Payment of Rent the very first day rent is late.On top of that I did my own evictions and I never lost a case and I dealt with the 36th District Court in Detroit.I won because I covered my butt by having everything in writing.I documented everything.Every phone call I made to them and every phone call they made to me.I never complained to a tenant because they called regarding a repair.I listened when they told me they couldn’t pay their rent, but even though I understood their problem, I made them pay their rent anyway.Landlording is about making tough decision and doing things you don’t like to have to do.Landlording is a Business.You have to not LOVE YOUR HOUSE.I can’t stress this enough.If you don’t know or understand that this is a business of evictions, damages, and injustices, and fixing this house up over and over again, you aren’t going to be happy let alone successful.How I wish I could be there for every new investor to help them understand what it’s like to be a landlord BEFORE YOU INVEST.But I can’t and that’s really a shame because it something every new investor should dig into before they invest.One last thing.
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27 January 2023 | 8 replies
Hey all, I'm ashamed to say, I've been a part of BP for almost two years and have yet to introduce myself!
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16 April 2019 | 46 replies
It is a shame people take advantage of the system like this.
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21 November 2019 | 15 replies
With all of the development going on all over Oakland, it's a shame more of it isn't affordable (I believe one of the two near completion near MacArthur BART has a portion allocated as "affordable", but I could be wrong).
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6 July 2022 | 5 replies
It's a shame that some people are so horrible that we literally need to pay them to go be someone else's problem.
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2 July 2019 | 46 replies
It's a shame, but it's a reality that we've accepted and now have to build a better mouse trap.