
27 February 2013 | 7 replies
It could be an easy fix, but it needs to be addressed or you will find droppings and other "nasties" accumulating which will lead to terrible odors that will drive tenants away - if they weren't scarred already.From personal experience, rats can take some time to completely eliminate because when they find a warm and dark place, they tend to nest there.

8 March 2013 | 10 replies
And no I'm not some mean intolerant LL, as a matter of fact I rent here in CA and LL back in FL where I'm from originally, and I have plugged up 2 sinks in 2 different places I rented, 1 the garbage disposal ended up not working very well and I put too much down it and food got stuck in the drain the other I tried to wash potato skins down at 3 in the morn after being up with a screaming baby for 3 hours and not thinking, you know who fixed both those issues...that's right the tenant did.And if your PM doesn't respond find a new one, I'm going through the same thing now.

24 January 2014 | 20 replies
Probably how he acuired the portfolio, taking half the equity and buying out the other half, LOL.No skin, no equity split, it's not like he won't understand that.Pretty sure you do need a license to manage properties for the public.Pay a Mgt fee, if he can legally do it, hold the properties in an LLC, allow him to buy in over time earning his way in.Tell ya what, I'll take care of the management, you buy properties and give me half the deal, how's that sound?

25 March 2013 | 2 replies
Example:Sent 5,000 post cards (6x9 full color) to non-owner-occupants (Cost $2,500)Received 100 calls (cost per call/lead = $25)Bought 2 houses (cost per deal = $1,250)1 wholesale ($5000 profit)1 rehab ($20,000 profit)$ Return after marketing expenses ($22,500)% return on marketing (10% return on ad spend)We've done everything (Internet, TV, Radio, direct mail, billboards, door hangers, etc) and I'm very interested in what your experiences are - and it's educational for everyone else as well.Thanks!
12 March 2013 | 10 replies
Ben Kahle I have worked with a couple of HM lenders and they expect you to have skin in the game.

16 March 2013 | 4 replies
I'm looking for a NEW white-color coil type under $500 (would prefer self-cleaning if that is possible in this price range).

14 March 2013 | 19 replies
There were doors kicked-in, walls painted odd colors, etc...look at all the details.
15 March 2013 | 14 replies
You could even ask for a co-guarantee agreement from partner and cross-collateralize that with his/her other real estate if you don't like the amount if skin they have in the game.

18 March 2013 | 72 replies
So, Robin should be more thick-skinned about getting questioned, but the tenant shouldn't be thick-skinned about getting a smart-*** answer.

14 March 2013 | 10 replies
If an investor was all in "skin in the game" it wouldn't matter too much.