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11 August 2010 | 23 replies
But some of these areas (especially here in Lexington, KY there are crime ridden areas but not comparable to the ghetto of some larger cities) that provide enough margin to hire property managers, fix up, account for vacancies/property manager incompetence, and the like, and still make a good return without ever really setting foot in the area.I would approach such a strategy very simply by choosing an area and city that isn't headed for total vacancy.
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23 August 2010 | 5 replies
A date with your wife and also a date with each individual child if you have them.
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11 August 2014 | 6 replies
They all seem to "market" the property or just a room at a much higher rate per square foot than what the tenant could get on the open market, but because they have a criminal issue involved and that, in some cases, they are court ordered to stay at such properties, they seem to become cash cows for all kinds of organizational needs.Most all of them also take all other benefits the tenant is entitled to, food stamps and educational benefits (by providing classes at a local private trade school, like ITT) they charge for transportation too!.
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10 September 2010 | 26 replies
I wouldn't touch a Starbucks with a ten foot pole.They are contracting heavily nationwide and repositioning.When they were growing they had no competition.Now every restaurant chain practically has some kind of fancy coffee or frapaccino.Many now instead of a 4 dollar drink at Starbucks can go to Mcdonalds and get similar for a 1.00.I know it's not the same but people will trade quality for big savings for OK taste to get a fix.I know about the restaurant industry and was in it for 10 years before getting into real estate.Same goes for Blockbusters.They are getting crushed by Netflix and Redbox DVD.They are fixing to go into bankrupcty and go under.As lifestyles and technology changes some business will flourish and others will expire.This is why it's important to know what is growing and what is contracting so you aren't left with an empty space and no cash flow.
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28 November 2010 | 24 replies
Then you donate that $1,000 a month to someone like Habitat for Humanity, a battered women's shelter, a foster child care, or a myriad of other choices.
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15 September 2010 | 12 replies
Good heavy vinyl siding held in place by j channel shouldnt need to be nailed within foot of window, etc.there are ALOT of layers of flashing and considerable cost if you do it Alberts roofing way,,but darn near goof proof.
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20 September 2010 | 35 replies
I even have gone out a bought diapers for a single mother and her child.
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24 September 2010 | 22 replies
There are sometimes handicapped children or elderly parents that survive and need to be cared for.You are a very hard hearten person to be advocating that all their survivors be tossed into the gutter (the deceased probably even paid for his handicapped child's wheelchair, so the fed will take that too.)And apparently, you believe that all the family pets should be shunted off to the pound and put to sleep, and no arrangements made for their care when their owner dies.A good parent makes sure a child can make his own way.
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21 September 2010 | 10 replies
Go to a hardware store and buy and eight foot pipe for I think it cost me about 4-5 bucks, then go buy a wood handled hammer carve it up so it fits in the bottom of your pipe.