hi, I was thinking about joining Hugh jones apartment acquisitions class. but in am concerned because there is a lot of scams unfortunately, so if you have more info or personal experience to please share. thank you.

I have recently encountered an issue with one of my buildings related to rodents.

@Elliot Tan You will want to research "foreclosure rescue" "foreclosure rescue scam" and "foreclosure consultant" before wading into these waters.

Great to ask about questions to avoid numerous online scams that are out there.

Biggest thing you may encounter with the century homes that you won't encounter with post 1950's is galvanized drain piping in the walls as well as knob and tube wiring.

As someone in the space, you have to be careful as there are lots of scams out there that will take your money and run.

He is a scam artist and who is currently under criminal investigation by his ex-boss and i have also pressed criminal charges on him.

Any advice would be greatly appreciated as we have not encountered this scenario before.

In California...if we encounter a trespasser, we are supposed to ask them nicely to leave, if they don't leave we are to offer them coffee,...along with creamer (as long as the creamer does not have high fructose corn syrup and is also dairy free in case the trespasser is Vegan).

That's $400/year right there, and that ignores other capex items you'll encounter over the lifetime of a property (siding/trim repairs, concrete issues, major plumbing/electrical upgrades, etc).My guess is that your actually capex costs over the *long-term* are closer to $500-600 per year.