All Forum Posts by: Toshia Booker-Blakeley

List looks good!

I would like to add regarding Property Management Company a suggestion. Many landlords / property owners invest a lot of shall I say trust or even money in this step. I find it helpful for landlords to have a management company in place if it makes sense as far as property size however, ultimately it's YOUR vision and goals on how you would like your building to run & the profit you would like to realize from your asset. I would definitely until you are 100% ok with the operation aspect be hands on with the management company & ensure they are carrying out YOUR vision and not there own. They should be a reflection of the owners ideals. 

Just my opinion. 

- T

I agree with Matt you can go a couple of ways....Are you supplying the items yourself? If  so you can include in purchase price or terms to make the deal sweeter & procure that buyer. Or you can take the items & use them in your next property. 

If you used an outside source they could just take them back. 

Hope this helps!

-T

Welcome Andre!

What type of properties or strategy are you thinking of utilizing?

You start out with finding motivated sellers in your local market or wherever you feel comfortable investing. They can be online like "Craigslist" with key words "Must sale fast", "Very Motivated", Ready to Sell", in the newspaper, FSBO's (For Sale By Owners) ect.. You can also invest in low cost marketing material that attract them to you.

Google Marko Rubel. he's a good source for Sub "2" material. You will find some good reviews about him & some bad, but his free advice is very helpful with getting started. 

Hope this helps!

I am a Managing Broker & My husband is a general contractor. Our lease is up October 1 & we're looking for a residential property owner to collaborate with & allow us to "fix up" or "rehab" their condo unit, house or apartment with "ECO" friendly upgrades/features. 

We are willing to sign a short term or long term lease agreement & will pay a maximum of $1000 per month w/ all rehab materials & labor provided by us. Preferably we would like a 3/2 but may be able to do a larger 2/2. 

So.. Pro for you, a nice renovated unit @ no cost to yourself & monthly rents. 

Our Pro a nice place to reside & the opportunity to ad this to our portfolio in turn allowing for other opportunities to work with other owners in the future & eventually build up "Green" communities one property @ a time. 

Here's  my contact number & website to check out some of our work:

 773--673-3758 or 773-707-0182 http://ownershipiskey.wix.com/bbrehabbers

Thanks for your time & reading this post!

- Toshia

I think its a great way to earn while you learn especially if you are not familiar with analyzing deals. It also helps you understand what different investors are looking for, & your'e right soon you will be able to pick up your own deals. We are in the business of not only investing but also building relationships, everyone starts somewhere :-)

Love it! Nice!

Maybe creating a tenant handbook highlighting disturbances by guest or residents in relation to a lease violation which is subject to a 10 day & if problem persist a 30 day will be given and enforce it as a zero tolerance policy may help & have them sign. 

I understand they are her grand-kids however if they understood their behavior is endangering the ability to stay of their grandmother then their attitude may change a bit. Meeting with them to discuss this may help. 

Have you done comps to see if it would be better to Flip or Buy & Hold? Paying for it would depend on your current situation financially & ROI strategy.

For the truly Ambitious!