03.21.14 Book Review: Building Wealth with Inner City Rentals
Friday, March 21
The last book I reviewed, I didn't realize the author was on BiggerPockets. This time I know the author is, because that's why I bought it. The book is Building Wealth with Inner City Rentals: Success the Catalytic Landlord Way by Al Williamson. I love Al's philosophy and definition of...
03.16.14 Role of Housing in Revitilization
Sunday, March 16
This past week I attended a fundraiser breakfast for the neighborhood association of our target area. I hosted a table, inviting other neighborhood landlords, and during the fundraiser I was able to talk about the adopt-a-block program I’ve been coordinating as a way to extend the reach of...
03.08.14 Caved in Ceiling
Saturday, March 08
We bought a duplex in 2010 with a 10-15 year old adequate roof. Our prior tenants let a hole in the ceiling develop (never contacted us), traced back to the improper installation of a satellite dish. We were in the process of fixing it when our newest tenant saw the unit and moved in, sin...
03.01.14 Worst Yet Move Out
Saturday, March 01
Here documents our worst move out yet. The tenant owes us close to $5,000. We did a routine maintenance inspection for the tenant’s one year anniversary in early January. We determined at that point that the tenants had been hard on the unit (removed most doors, removed ceiling fans, t...
02.21.14 Book Review: Landlording on Autopilot
Friday, February 21
My February read is Landlording on Auto-Pilot: A Simple, No-Brainer System for Higher Profits and Fewer Headaches by Mike Butler What I liked: ·Emphasis on using the term investor instead of landlord, since landlord has such a stigma. ·The rent rebates to reward long term...
02.16.14 Book Review: Think and Grow Rich
Sunday, February 16
One of my 2014 goals is to read more real estate related books, and I thought I’d share some learnings as I go along. First book of the new year is Think and Grow Rich by Napoleon Hill. It is described as a motivational personal development and self-help book, not specific to real es...