Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christian Malesic

Christian Malesic has started 34 posts and replied 611 times.

Post: Proactive Landlording

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Entertaning... and with a moral to boot! Kind of like a Hallmark Channel family movie (without the family part).

Seriously... well told.

Post: Hello from Pennsylvania....

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41
Originally posted by "jframe":
WOW your name is Christian and your username is Heathen.....thats pretty funny..... :lol:

Not many notice that. A bunch of us talk about our nicknames over in the off-topic forum and I told the story there.

Post: Acknowledment of receipt of Hud1?

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Unless you want to work & re-work the DRAFT HUD-1 wait until 1 day prior to closing, 2 days at the most.

There will be prorated items directly related tot he closing date such as: property taxes and rent (if applicable).

My experience is that the HUD-1s are wrong about 50% of the time. They contain a ton a detail and everyone has their little piece represented on that form.

As to release info: surely. Get them to give you the key info AND to authorize you to have it / act on their behalf. Thus, the lenders & atorneys will work directly with you, cutting out and extra middleman.

Post: First Short Sale Ever! Need Help to Wholesale

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41
Originally posted by "Johnston19":
Are the properties under contract?
Have the banks agreed to sell them short?

Great questions! If the answer is 'no' this is analogous to deciding you want to climb Everest. You have only begun the long preparation for closing the deal.

Post: Owners name

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Sure - ask by phone. You may get lucky and get it. Most likely you will need to use shoe leather (and, in this case, gas) to drive to the courthouse and look it up yourself. It is public info, but that usually requires you doing the work.

You may also try an online sleuthing service. The fees vary as do the results, but it may be worth the time & money considering the price of fuel.

Post: Hello from Pennsylvania....

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Glad to see you found us.

Those of us from PA have been a minority around here, but we are gaining. You will find there is much to learn no matter what level of the game at which you currently play.

Welcome.

Post: Things to inspect

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Thanks a bunch ofgift

Post: Things to inspect

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

We are in the process of putting all of our "lists" on paper (heretofore they have been in our heads - no lectures please - we know. That is why we are writing them down). From your comments:

Originally posted by "ofgift":
I bought this house to be a rental in 1999. I haven't been inside it since the present tenants moved in Oct 1, 2003.
I took your suggestions and also found a list on the net, and combined them into a 3 page list. We-prop manager and me arrived on time. Tenant invited us in, I went first. My first impression-first thought-was "WOW! this is NICE!"

... it seems as though you may be a step ahead of us. Would you kindly post your compiled and completed list here?

Post: late fees

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

Do not EXCEPT the excuses, but EXPECT them. I have gotten to the point where I hear like a dog: blah blah blah NOT PAY blah blah blah HARD TIMES blah blah, PLEASE.

I am a very companionate person. I donate my time, my money, my sweat, my tears, and sometimes even my blood (literally). But, NOT IN MY BUSINESS.

If you want to be in the business of charity, get out of this one and get on a staff of some charity; otherwise, you must separate the two.

UPDATE: The two evictions I mentioned at the top of this thread, we won. Both showed to court (unexpectedly). They both CONTINUED their song and dance about how they will pay. “Can we please give them another week or at least until payday?” They do not know the system that we have to wait 10 days for the appeal process to run its course (in PA) and then 11 more days for them to get out - so we say “sure, but no later than then.” Payday comes… no money. This is the game. They go for free rent, you run your business. Stick to the time tables. Do not waiver. Now, let us see who has the strongest will. (we did and will continue to)

Post: tired landlord marketing

Christian MalesicPosted
  • Real Estate Investor
  • Harrisburg, PA
  • Posts 716
  • Votes 41

I am very involved in politics on the local level so am extremely familiar with the robocall.

Problem is... like telemarketing it has been overused. Thus, people hear the first few words, realize it is a recording, and either hang up or hit delete on their machine.

I am not saying it will not work, in fact, I have not heard of it being used for tired landlords... I am just skeptical.

I have had much success in very specific target marketing using mail. Instead of the standard postcard or letter to 1000 landlords, I target a particular property and go after it. I have had 100% success (though I have only tried this approach 4 times).