All Forum Posts by: Anthony Barbato

Hi Peter Kim 1. There are many examples/samples of contracts online. That could be a very good start for you. Then from there, I'd make sure you know all of your state and local laws, and I would begin adjusting the sample contract to include things that you want and/or need. Before finally using the contract, I'd recommend your attorney look it over to be sure everything looks good. 2. I would try to completely avoid picking rent up at the property, if at all possible. We allow tenants to pay using ACH transfer, or a website called Cozy.co which allows tenants to pay using a bank account or credit/debit card for a small fee. We do also allow snail mail for tenants that are not very tech-savvy, but we make sure they understand that rent must be RECEIVED by us by their due date, so they must mail accordingly. 3. As for repairs, start to build relationships with local contractors/handymen. You will definitely go through many before you find yourself a good repair team, but always keep in mind that you get what you pay for.

One last bump?

This about how hard (emotionally) it will be if you get to the point where she needs to be evicted...

I'm not 100% positive, but I would assume that they are maxed out on open mortgages. I believe most lenders will lend up to 10 mortgages at once.

Anyone?

I posted this in another section of the forum, but I think here may be better... As a new investor, I simply don't have the budget for ListSource.com or the like, with prices between $0.14 and $0.18 per lead. I have heard mention of some investors contacting local title companies and having them generate these lists for only a couple of dollars. Can anyone shed some light on this for me? Is it possible to get these lists from title companies, or do they not do that type of thing? My goal is to get a less expensive listing of local properties with absentee owners that have owned the property for 10 years or longer, and multifamily only. Thank you ahead of time for your input.

As a new investor, I simply don't have the budget for ListSource.com or the like, with prices between $0.14 and $0.18 per lead. I have heard mention of some investors contacting local title companies and having them generate these lists for only a couple of dollars. Can anyone shed some light on this for me? Is it possible to get these lists from title companies, or do they not do that type of thing? My goal is to get a less expensive listing of local properties with absentee owners that have owned the property for 10 years or longer, and multifamily only. Thank you ahead of time for your input.

Call people. Call realtors who have MLS access and they can put you on their email lists. Call wholesalers and ask to be placed on their buyers list. You have to connect with people.

Yes, is the LLC owns the property.

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