All Forum Posts by: James Feiden
James Feiden has started 5 posts and replied 10 times.
Post: Property Maintenance/Work Order Online Software

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Hi Ian,
Did you ever find a work-order software for maintenance request? I need exactly what you are looking for.
Thanks,
James
Post: First Deal - 98 Unit Apartment Deal

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
@Wendell De Guzman On a deal this size request three years tax returns and signed YTD actuals. Also, I recommend going through the balance sheet to understand what was capex vs. expense.
Impressive deal. Good luck!
Feel free to call if you would like to discuss. I am working a similar deal myself in Illinois.
Post: Worker's Comp. "if any policy"

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Post: Worker's Comp. "if any policy"

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Post: Large Distressed Multifamily

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Hi Mark,
Did you have any luck finding a 50-100 unit deal? If so what did you find to be the most effective method? I have tried sending letters, cold calling, craigslist you name it. No luck so far. Brokers send me overpriced properties that have been sitting for months.
I can find small multifamilies fairly easy. When I look for 50 in one location, they are not selling.
Thanks,
James
Post: Looking for a multifamily complex, 50-75 units in Rockford, IL

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Hi Craig - Yes please refer a commercial broker in the Rockford area. Also, lets meet up and discuss real estate.
I've been sending letters and making phone calls directly to owners with no success yet. This method worked on the smaller multifamily deals.
Post: Looking for a multifamily complex, 50-75 units in Rockford, IL

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Ready to close! Financing in place.
Looking forwarding to hearing from you!
James Feiden
Post: Compensating on-site property manager's

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Hello everybody,
I'm looking for a tiered compensation structure, based on my properties overall performance for an on-site manager.
Could someone please share how they compensate on-site property managers?
How do you incentivize a manager to carefully select qualified tenants, that stay long? At the same time, possess a sense of urgency to fill vacancies quickly. Basically treat it like their own business.
Thanks,
James Feiden
Post: Workers Comp question

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Post: How to handle noise complaints in apartment buildings?

- Investor
- Davis Junction, IL
- Posts 10
- Votes 0
Hello all,
I made a mistake and rented to a mother and two kids that are literally off the charts with their noise levels.
Everyone in the building has complained about their noise. Two great tenants moved out costing me thousands of dollars, due to the noise.
What's the best way to get rid of them? There's still six months left on the lease.
Can I serve them a notice and state noise complaints as the reason?
Thanks appreciate your help!
James