Joe S.
$10,000 against tenant pursue or forget about money owed?
So we did an eviction probably six months ago. Tenant owed over $10,000 which judge agreed that they owe us. We finally got the property back and spent thousands of dollars getting it back in decent shape.Should turn ...
Lana & Tyrell K.
Costs of marketing via Direct mail campaign
So as I am learning about shotgun marketing I am hearing that the process in general could be quite expensive yet no one has explained specifically what parts of the shotgun style of marketing actually IS expensive...
Allen B.
Landlord Prosecuted for renting to Illegal Immigrant's
This is an interesting article from the Lexingotn Herald Leader. Interesting to us, becasue we have rented to some illegals who gave us bogus ssn cards in the past, but have always paid on time:
http://www.kentucky....
Account Closed
why target same person so many times?
i am doing a direct mail campaign to absentee owners. i have read and heard many times that i need to keep targeting the same list about 3 to 6 times in order to find someone who is actually interested in selling the...
Jeff G.
Low offers, 50% below asking
Have you ever made an offer at 50% below asking or more?There are several properties that have been on the market for 6 months or more in my target market which are vacant. Some of these sellers are probably getting ...
Joe Robinson
Thoughts on sheriff auction
What are thoughts about buying a property at sheriff auction?This property looks to have potential, but what are the risks in this type of deal?https://www.kingcounty.gov/~/media/depts/sheriff/documents/services/Civil...
Zoltan Fagyal
Does the owner need to be with contractor in a rented unit?
I have tried to do some research on this but came up with nothing. I'd appreciate your help with this.It's probably Massachusetts specific.My unit is rented with a 1 year lease in Massachusetts. There is some paint wo...
Janae Aasen
Witholding Security Deposit - Smoke Damage
Hi, This forum has been extremely helpful in navigating the world of investing and property management. I am still new at this (a little over a year with 12 units as owner and manager). That being said, I would apprec...
Tyson Begly
Rules of thumb to determine what is trash versus valuable in abandoned home - Alabama
I recently bought a tax certificate in Russell County, AL. The house is clearly abandoned, as there is no power or water, and the house is completely overgrown. We've also had a sign on the front door for more than ...
Jared B.
How does thi sound to you?
The homeowner gets whatever the property garners at an auction above the debt and processing costs of the lender, correct?
I understand the pro's use a general 70% rule of thumb for bidding. So it should be relativel...