All Forum Posts by: Alfath Ahmed

Great Job! Keep striving. I would defintiely recommend Sean Rakidzich. He has a free course on he scaled airbnb arbitrage. 

https://classes.milliondollarrenter.com/courses/

There is a ton of market activity going on in the Southern Orchards, Old town east, and driving park area which is all a +1 mile of each other. Do you see this area growing 5 to 10% in value within the year?

Hi Karen, 

I've been in your spot. I'm a 24-year old college grad. I started investing in rental properties last February and have scaled my way up to 7-doors in under 6 months. Obviously, you are familiar with bigger pockets and have also read their books. I started out by doing the same thing and read David Greene's BRRRR book.

I started my journey house-hacking a duplex in a really good part of town. Once I was comfortable with the concept of real estate investing and had my first tenant. I took on a BRRRR that a wholesaler brought me. I made sure that there was enough "meat on the bone" so that I could profit. Then, I went on-to a larger 4-unit deal and raised private money.

The first step is to "Just Start". You are smart, you will get this figured out. One thing I would say is to invest in the mid-west. If you are looking to invest in the west coast. It will be very hard to hit your Cap rates and ROI's. Also, the barrier of entry is simply just a lot higher.

My out-of-state buyers that I have worked with have made a ton of money with off-market deals in the mid-west that I found for them. Cheaper properties with crazy appreciation and rent growth. 

Always happy to have a phone call to answer your questions that you have for any market!

I would recommend giving your tenants a 60-day notice. This would serve as actual notice. Not only will this benefit you because you will be prepared for whether your tenant leaves the premises or decides to stay, it is also a nice thing to do. 

Quote from @Calvin Ozanick:

It sounds like your property manager may be trying to shift responsibility onto you for not receiving the letter. It is possible that the court only sent the letter to the landlord's name on file, which could explain why you didn't receive it. However, it is also possible that the property manager should have been more vigilant in checking the status of the case and notifying you. It is ultimately their responsibility to ensure that you are aware of any legal proceedings for your rental property. I suggest that you talk to the property manager about the situation further to understand why the letter was not received, and determine if there is any other way to rectify the situation. One thing I would look into is the negligence clause in your property management agreement. If they received this notice, it could be argued that they neglected to look out for your best interest. I would highly recommend speaking with an attorney on that side of things. 

 Yes! You are right. My name was never in the case filed at all. It was Property Manager vs. Tenant. The PM has switched up on his statement more than 2x that I am very skeptical of the entire situation.

Quote from @Hemrajsinh Waghela:

First of all, Ohio law says tenant cannot escrow money if landlord is working on fixing the issue. Landlord has 30 days to fix the issue, specially after COVID all parts are on back order and there is nothing landlord can do to fix the issue and showing county or court the receipt of payment. Even if you end up in court which I suggest you should go, the case will be dismissed. You did everything you can to fix the issue no judge will go against it. 

 I have a call with the broker from Keller Williams Home Town Realty today. I am going to be discussing how their negligence caused me loss of rents. They are supposed to have represented me in court and they failed to do so due to negligence. 

Quote from @Tyler Everidge:

If you need a new property manager feel free to message me, and I can give you some recommendations. 

 That would be amazing! I will send you a private message!

What is the easiest way to lease an empty property in another city without using a property manager? How would you go about scheduling showings? 

I have been using apartments.com to manage my properties in Columbus. Any recommendations on better PM software?

Quote from @Bill B.:

Your letter says the PM is suing the tenant. It doesn’t say the tenant is suing the landlord and it doesn’t say you can’t sue separately. 

That being said. Part of the reason you hire a PM is because they have time to be experts in the local and state laws that you do not. It APPEARS this a realtor doing PM on the side or a VERY new PM. I’d ask for recommendations at a local investors group or on BP with Columbus in the title to draw local experts. 

I was really confused about that. I checked the agreement and it says that the PM Company is the Plaintiff and the Tenants are the defendants. I called up the property manager and he says he is not sure why they are the Plaintiff and that this could be a clerical mistake. He went on to say about representing me in court that they never actually received a letter in the mail and that as per their property management agreement they do not represent their clients (Landlord, me) in court. Even though before he said Montgomery County does not allow PM's to represent their landlord's in court. He also said they are not responsible for anything that could be lost in the mail?  

He seemed nervous and said that he does not want to get caught up in legal verabge. He said his broker John of Keller Williams would contact me. This entire situation seems very fishy to me.

I own a SFH in Dayton, OH managed by a Keller Williams PM. Early January, the HVAC system went out in my property (old steam boiler system). I had the system immediately fixed within a day; however, some of the radiators were heating and some weren't. The upstairs bedrooms all had heat, the living room radiators needed to be bleeded out.

I hired a HVAC guy immediately and he suggested to put in a forced air system along with duct work in a 1600 sqft SFH. This took a bit (2.5 weeks for the entire system to be installed). The living room had heat within the next few days.

After everything is complete, the PM tells me the tenants escrowed the rent money. At this point, I ask him what we need to do and he starts stalling. 1 week later, he sends me a text saying that the courts awarded the tenants the rent money because of failure to show up to court. He received a letter.

I was never given a letter and I told him that. He said in "Montgomery county, the landlord can only show up to court" and that I should have received a letter. Then I got him to send me the letter after pushing him for a week and it says 

"Plantiff (Property Manager) vs. Defendant (Tenant)"

My LLC that owns the property had no name anywhere and that's why I never received the letter. He said it was my fault and that in that county only the landlord can show up to court not the PM.

Do you guys think he is trying to trick me into believing that this is my fault even though he should have paid attention?

Thanks!