
12 February 2012 | 1 reply
Anyone have a good example of the Deed of Reconveyance and what needs to go in the blocks?

10 February 2012 | 6 replies
We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.

17 October 2012 | 55 replies
I think just buying a few properties will not do it.You really have to go in there and buy up blocks to clean up.Then you are making an impact that can start effecting change.If you have just a few houses renovated on a street it will be very hard to convince only but the bravest of tenants to go buy a war zone to get to where they will live and sleep at night.I see this affect with apartments in nicer areas much less war zones.I would get with the owners of the other buildings and try to form a coalition to turn things around.

13 February 2012 | 6 replies
How many units occupied and vacant and what type of general cash is flowing through your block of units.

1 April 2012 | 28 replies
The property is literally like 2 blocks from where I work so at least it would be convenient.

14 February 2012 | 8 replies
Dates and life expectance of all mechincal items.The neighborhood is older (1957) with Large Trees so I paid a Plumber $95 to run a camera down the drain to the street.

19 June 2012 | 23 replies
So guess there is just a safety factor for me because I know what the tenant will be like since I have rented in these areas myself.Some of the worst nightmare stories I've heard form long term investors I know (that favor SFR's now) are from 4-plex's they owned in bad parts of San Bernardino CA on blocks with mostly apartments.

18 February 2012 | 5 replies
I found a recent listing in my primary area of focus and only 2 blocks from my home.

14 April 2013 | 8 replies
I'm considering moving a 2-story early 1900's house about four blocks away in the same town.

1 March 2012 | 20 replies
We went back to the Court House (4 blocks away) and he paid the trustee and the sale was officially cancelled.