If the tenants pay their own and they find out they have unknowingly been paying for common area electricity, you will probably have a huge headache and end up writing some unpleasant checks.It's fine to charge them for a share of common area electricity, and in fact it's common practice, providing it's written into the lease.

That's what strong marketing does: attract quality prospects and repeal the unwanted callers.I use a call center for my callers.

I would think to myself, "I am buying their UNWANTED property, and I am buying it at a FAIR price." or,"It's not that I am truly buying at 60%-70% on the dollar, because there is no way retail buyers will pay the ARV price for a property in this condition!

Does anyone have any advice or an efficient way to find/purchase vacant homes, fire damaged homes or other unwanted properties with too much work/damage?

I also suggest a drive-by so they are not unpleasantly surprised by the neighborhood when they to the showing, and just keep on driving by anonymously as I wait outside.

Nothing worse than unwanted guests at the front door on a sat afternoon or some telemarketer calling about a "great opportunity" to purchase a worthless timeshare or security system. (^_^) You politely try to tell them you aren't interested before they even start their sales pitch.

Not hard and you can turn your savings into a massive wealth of more cash + land + monthly income.Here is the big picture:1) Buy unwanted rural land for next to nothing2) Sell it for a lot more money on the internet3) Collect the payments for years to come.

I can't wholesale a property without full disclosure of the situation and my MAO was under 250K.I explained why.Regardless of which approach they take to selling this unwanted inheritance (with no equity, owing over 300K, and their own property as collateral)--either selling below ARV and refinancing their arm loan to release their property; or having an agent put it on the market--they're still going to owe a good amount (on the home to to the agent) after the sale.

I have had many good things “taken” from me in life or had to endure bad or unpleasant things for a season only to be blessed with something much better at a later point.

We've done a few of these using "standard" shipping containers modified to provide two units per container in "unwanted" locations - along railroad tracks, odd-shaped properties, and even old parking lots.