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20 August 2019 | 18 replies
Come over when they are not there and open the door and let the animals out .
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30 May 2012 | 15 replies
You can go after multifamily buildings that are at 50%.Buy with cash and turn around and hold long term for cash flow.You can refi the equity out tax free to pursue more properties.When 50% occupied you can turn around some rentals with cash coming in.Multifamily short sales are good because generally by the time a bank takes REO it is vacant or near vacant and too much damage has occurred.For example buying a property of 100 units that is 50% occupied and paying say 10,000 a door for 600 in rent and needing 3,000 a door in repairs is better sometimes than buying a completely vacant property for 4,500 a door but needing 12,000 a door in repairs with no income coming in.With your 5 unit built in 1925 how much land is that??
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25 May 2012 | 5 replies
They usually get tacked up on the door.
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1 November 2013 | 29 replies
You have to cold call, knock on doors, get referrals, or do some type of marketing.Same with your website, it's not going to get you leads just because it's there.There are options like SEO, PPC, FB, direct mail, and various of different options to go with when building traffic.So get to work and start marketing!!!
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28 May 2012 | 12 replies
At 500k at 50 units you are looking at 10,000 a door going in.Those types or properties at that price point are almost for sure going to have deferred maintenance and occupancy issues and a regular bank/lender won't touch them.
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6 September 2012 | 28 replies
I don't do section 8 but 1 of my places has some neighbors who are. on the program. last summer, 1 evening, i was trying to rent out the place; there was a nice couple w/ a baby coming over to look at the unit. they were outside & I met them. the neighbor, section 8, with her door wide open, was singing (very badly i might add) at the top of her lungs. maybe she was hoping simon cowell was stopping by?
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22 May 2012 | 2 replies
I have a condo where the next door neighbor's washer is apparently leaking and causing damage to my unit.
2 August 2012 | 19 replies
No no no....K.Marie...what I meant was...if I were to try to TYPE what I do...the responses I give etc....it would put people to sleep....It really is easy and simple, but to TYPE OUT what I do, or how I present this or that, although simple, would BORE PEOPLE TO DEATH!!!
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31 May 2012 | 10 replies
Across street down 2 doors a builder bought a house for 190k and tore it down.
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30 May 2012 | 4 replies
Another issue is drug usage, sale or manufacturing are sufficient grounds for an automatic termination, in fact here, it's an immediate set out but the landlord will need to prove it.You do have the right to enter for repairs, treading lightly on the tenants right to quiet enjoyment, but things can be miserable to the point of a tenant wanting to break a lease too.The story of an Executive Director of a housing authority property is true, where he removed the front door to make repairs to it and the tenant left.