All Forum Posts by: Gavin Welch

kallie, the problem is that multifamily properties (over 4 doors) price is determined by the income rather than the neighboring properties like residential.  But if you bought a vacant property, just use the regular sources, zillow, realtor.com.  Find a local agent and pay them $30 for a flat fee listing for a rental.  That way, you know the listing for the rental will be syndicated everywhere.

I'd lean towards hiring a PM, but if you could find a good handyman in the area, that might work also.  I use the masterlock digital lockboxes, I have prospective tenants send me a copy of their license and then the app generates a code that will open the box for 4 hours.  I tell them the code only works for 20 min.  I manage too many properties not to self-show. The boxes and replaceable batteries, but cost around $120 each.

Typically, agents don't like doing business with wholesalers because of the high likelihood that the deal will not actually close.  As an agent, I don't like assignable contracts, because the seller will start the moving process and the wholesaler will bail out with recourse. If you want to find a win/win situation find an agent to bring you 'off market' deals.  Have them go directly to the seller then you partner with them on the sale.  That's a much better way.  I hope this helps.

Yes, jake give me a ring tomorrow the number in my profile is my cell..

I like mulberry, good prices and good returns

Hey, Benjamin let's connect. 

It's in most leases that you can give 24hour notice to enter, I'd post notice to enter on the door then return in 24 hours.  Otherwise you are forced to shut off the water, just put gloves and masks on everyone who enters.. 

give him some hand sanitizer when he arrives

Austin, it depends on how far underwater they are and can they move.  If they could rent a place you could do a "subject to" deal.  You may have to catch up back payments then you continue to make the payments as usual, you could rent or rehab it and sell it at a profit (if they are not too far underwater).  If they are way underwater, there is not much you can do for them, unfortunately.  Good luck

@Alan Zee  I manage a lot of properties and because our area is so large, they can be an hour or so away.  There are several services available for this including showmojo.  From what I understand from associates in the industry, they have problems with hackers getting access and listing the property on craigslist.   So, I have purchased the new masterlock digital lockboxes.  They are about $125.00 each and I have an app that will allow a code for a potential tenant to view the property.  I have them text me a copy of the driver's license and then the app will generate a code that is good for 4 hours.  (I don't tell them it's good for that long.).  I also have them text me back when they have locked up.  So far, this has worked for me.