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15 March 2017 | 3 replies
some investors feel that this has an affect on response rates as prospects may notice the Boston postmark and think it's not a personal mailer.I hope that helps.
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28 December 2019 | 45 replies
More than half the time it seems like the prospect doesn't show up or call ahead to cancel.
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17 March 2017 | 3 replies
Not to discourage you but this was just too much to fathom of what could happen.I read the entire thread at the time and went back to find out his outcome after finally securing the property.
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22 June 2017 | 8 replies
Permits and all… Would love to hear about the outcome.
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11 September 2017 | 33 replies
With a heavy-handed new law that is the first of its kind in the nation, Seattle has set its regulatory crosshairs on landlords, attempting to police their inner thoughts and eliminate the possibility that their decisions could be motivated by "implicit" or unintended bias.Known as the "first in time" rule, the mandate forces landlords to rent to the first qualified applicant, rather than choosing the best fit from among prospective tenants.Sponsors contended that this unprecedented restriction is needed because traditional anti-discrimination laws do not protect against unconscious prejudices.
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15 March 2017 | 3 replies
It certainly does on purchase price, and perhaps neighborhood, but the multifamily aspect makes the prospective rent so absurd that it might be a good deal anyway.Purchase price: $40,000Taxes: $600/yearUnits: Three 2/1 unitsMarket rent: $550/unitEven with a generous capex budget, you can find a lot of room for cash flow when you're getting 4% rent/value ratio.
7 April 2017 | 6 replies
When I accepted an offer from a prospective buyer in February.They ended up not purchasing my condo due to the hot water pressure being too low and the rental restrictions.The hot water pressure problem was due to the pipes needing to be changed.When I asked the HOA if the problem could be fixed, they said they could not fix it because they did not have enough money to do so.After finding this out and combining this information with what I had already known about how the HOA was being ran, I decided to do a little investigation to see how the finances were being managed.I requested copies of the financial records and several other documents for the last 10 years so I could review them to find out how to funds had been being managed in the past.The secretary, which is who I requested the documents from, emailed me back after I made the request telling me to not contact her anymore.She alleged I kept contacting her while she was at work.This may have been true but I was only doing so because she never told me the times that she worked.I don't know her personally and I never have been disrespectful towards her when I called her for anything.So, I could not understand why she got so angry.Anytime I would try to contact her after that, she would not respond so I stopped contacting her.She would only respond to my attorney that I was working with to sell my house even though the documents that I was requesting from the HOA had nothing to do with selling my house.I was requesting the documents for myself.I always have been a firm believer that people who don't have anything to hide don't try to hide anything.I am not saying the board members are stealing any money but I have reason to believe something unethical is going on.I ended up selling my condo a few days ago.The HOA provided my attorney with some financial documents that my attorney had requested for the sale.However, I felt that the information that the financial report provided was vague.It could have been created by anyone who knows how to use Excel.I wanted to see bank statements, audit reports, and documents that I feel are more concrete evidence.Even though I no longer live there, I don’t want to allow the HOA to get away with behaving this way.If I do, that gives them permission to continue to stonewalling people who request information from them.Based on my narrative, what do you think I should do?
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22 March 2017 | 3 replies
When you do decide it is time to sell you will do some additional rehabbing anyway at that time to get it looking good for prospective buyers.
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3 April 2017 | 23 replies
Milton Friedman said (approximately), policy should not be judged by intentions, but rather outcomes.
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31 May 2017 | 4 replies
I have one full time outbound sales agent making primarily cold calls circle prospecting in zip codes with 5% turnover rate or greater.