Hello everyone I’m Patrick and there is a auction coming up this summer for a rv park that is beyond run down about 20 spaces that have pre 90s rvs on them grass is two feet tall gravel road is almost impassable I mean it basically looks like a trailer scrapyard but it is directly next to hwy 35 just off a exit south of dallas anyway I thought since the rv park was so run down people may only value it for land and I could add value to the park by evicting the tenants and rehabbing the park I’m aware of the costs involved in such a task I’m a contractor in the area Never bought at auction though inexperienced in that regard if anyone has input or advice I’d love to hear it thanks

Seen this play many times.. and why I am pretty anti sub too from the sellers side of the table. 

That task wasn’t very easy.

From past experiences doing projects in the City, this may be a very difficult task to get approved.

There are a few things on our tasks list that we want to have checked out before we rent it out and need some referrals on dependable masons  such as an electrician, plumber, heating and cooling, and fix a retaining wall and reinforce a metal fence.  

I heard that self managing the rentals for a while helps build experience and truly understand what PM's face ,but I have no experience .I was hoping to use different services for the basic tenant management tasks ; I was wondering if anyone has any advice on the following:1>Rent collections - I am hoping there are services that can help me collect rent, call the tenant if late to remind them ,take some basic calls from them regarding rent collection .

The other place an agent can be of use is in showing the property, you could use a leasing agent or a property manager for that task.

As I'm very anti-paperwork, I DO still plan to use an agent to do the paperwork for me.  :-)  Laziness helps the economy! 

Set up recordkeeping processesBeing organized helps businesses owners be prepared for other tasks.

I am not anti Vegas buy n hold RE: It has produced outstanding returns for the last few years.