Ley Nezifort
What do you get your tenants for Christmas?
15 December 2019 | 81 replies
I leave a note in the door slot that says: "Make sure you keep paying...We know where you live.
Fareed R.
Collecting rents and utilities
13 January 2020 | 13 replies
I only sent out reminders because I had a lot of law students who would have the rent check sitting on their dresser, but they were so exhausted that they'd just forget to put it in the drop slot (the owner I worked for was old school and wasn't interested in online options).It seems like the only reason you need to contact your tenants is to tell them how much they owe in utilities.
Michael Clevenger
Open house for rental
23 August 2016 | 11 replies
I had seven people slotted, 5 showed and of those, 2 would have likely met my criteria and signed leases.One thing I definitely learned: "we are still looking and we will get back to you" = they are not interested.
Austin Carr
First Time Landlording
4 April 2017 | 54 replies
There is a $35.00 Non refundable background check that the applicant needs to pay to smartmove.Look at the ID of the person when they get to the property,.......and make sure it matches the person.....A quick tip on showing......and setting rental prices.......Do a "soft advertisement on Craigslist with all the info.....but without the actual address.....just the name of the street.....see if you get lots of responses quickly.......if you do......that means you need to take the ad down for a couple days and then re advertise it at a higher price..............I advertise on CL and when the phone rings.....Do NOT ANSWER.............let people leave voicemail .....you want to see if when they leave a message they sound like someone that you may feel comfortable talking with on a daily basis......And DO NOT DO OPEN HOUSES..............What you need to do is when the first person you talk to that you get a good vibe with expresses an interest in seeing the house......you tell them I'm showing it Saturday at 10am and Sunday at 3pm...........then be quiet.....they will pick a time.......and you repeat that process with everyone that calls and make sure it at or around the same time slot as everyone else.....Don't tell them other people will be there also......When they do show up and they see other people there also.....it creates more of a demand for the room :-) Also...pick a time that is withinn 24 hours of talkin with the person....if you talk with them Monday afternoon....tell them you are showing it tonight at 7 and tommorow at 6.
Jonathan S.
Owner wants to stay as tenant
7 May 2020 | 55 replies
@Jonathan S. lots of people are making assumptions that he will be trouble down the road, which is possible but not guaranteed.
Kay H.
Could this be a good deal even though it has negative cash flow?
27 August 2015 | 95 replies
I will take the contrarian view here... this is an owner occupied purchase correct and your using one of your mortgage slots to buy a 3 unit..
Marion Edwards
Bad Deal?
9 May 2015 | 7 replies
I agree with Matt and Dana that playing the appreciation game is more like playing the slots, so I've decided to ignore this as a factor in my buy decision.
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
20 October 2020 | 122 replies
The almost year I spent learning and gathering information, "Gurus" and "Get rich now" systems were common and I always thought to myself "Why would someone throw away a winning powerball ticket to go play the slot machine?"
Christopher R.
How can I solve a seller's problems if I'm using conventional mortgage?
13 September 2014 | 34 replies
I have taught to a lot of so-called buyers in Memphis, but they were all game players.
Sam White
Texas Property Tax Blood Bath
13 September 2017 | 69 replies
. : ) That's the game played in America and how well someone works the system in their favor the better they tend to do over time.