You might make 900/month on those 3 Gastonia properties that are the same price as one Harrisburg property that only cash flows 200/300 per month On the other hand, the Gastonia properties will have high turnover and the occasional drama from vacancy and/or needed repairs, that will decrease their valueLots to consider:  nothing is ever easy :)I can't imagine managing properties from across the Country. 

Long story short, I've got a tired landlord that is overwhelmed and exhausted by the eviction process and being able to take the property off his hands mid-eviction could be valuable to him. 

In my opinion (and take it for what it is), a subdued hand-written letter works better.

You could also focus on the great financial advantages of renting/down-sizing (travel more, no more yard to care for/repairs, buy an RV, visit family more)Host a senior-focused event at your facility (maybe show an uncut version of Woodstock haha) or live music, a Social Security expert speaker or Doctor to address health issues, a fund-raiser, art show, etc. and hand out flyers with a special "one month free" coupon attached Have exercise classes for seniorsWeekly bingo nightsPromote your events for free on community calendars, newspapers, seniors sections of papersPrint door hangers and get some kids to hang the door hangers at trailer parks, older communitiesEncourage your current tenants to invite friendsRent a 15-passenger bus ($50) and offer free transportation to key eventsSponsor events at senior centers in the areaCo-Sponsor service club (Rotary, Kiwanis, etc who have many senior members) eventsPut up banners and balloons when you have eventsI hope at least a few of those ideas might spark some interest.

We will look for other ways to diversify our portfolio where we don’t have to be so hands-on in the future....maybe buy into a syndication??

From death threats to tenants being murdered to overdose to theft, property damage, fire, destruction, damage & everything else in between.The purpose of this blog is to peel back the curtain on the Property Management Business and show you some of the real life things that have happened to me or members of my company 1st hand.

You will need to be willing to visit the bank in person. come in and shake the banker hands etc. and take them for lunch too.

But on the other hand I’m sure it’s super competitive and a lot of people trying to get in.

Would a broker do this for an annual flat fee and not have a hand in the business?

I am studying real estate during my free time but would love to get some hands on experience especially meeting people in the industry!