Investing in Tax Liens
Tuesday, December 20
Remember, tax liens are a passive investment and not a substitute to short-term liquid reserves. When buying the tax liens, you might be locking your money for a long time. While the owner may redeem the lien the following month, there is also a possibility that the owner will redeem after you st...
Love your competition
Wednesday, March 16
if there is a vacant unit not too far from yours, make sure you place a sign near there so that their prospective tenants can see it and call you. Know who your competition is and use it in your advantage.
Weird questions
Wednesday, March 16
During one of the showings, the couple was asking rather weird questions:- How long did the previous tenant live here? - Was that last tenant evicted ? - When did they move out?Can't help but wonder - why these questions? Why not ask about community amenities?Any ideas?
When received an inquiry from Craigslist
Monday, March 07
They (inquiries) either arrive with a phone number or without it (majority).If you have a phone number, send information via email and follow-up the same day with a phone call to "see if they have questions or would like to schedule a showing". You can also pre-screen while on the phone, which is...
Where to market online
Monday, March 07
zillow.com ($9.95 listing will run for 6 months, no free options), received 2 inquiries from zillow in 1 week.hotpads.com - free listing, no inquiries received in 3 weeksebay classifieds - no inquiries ever. Don't waste your time by posting here.craigslist - bunch of inquiries.
Pre-screen by asking about 2-year lease
Monday, March 07
This should give you an indication whether the tenant is looking for a 1-year stay or rather something longer.