All Forum Posts by: Dennis Jayy

Offer to sell them at real prices or below. If your paying interest rates like that it may well be the right thing to do to get =rid of them?

Most of the leads and ect from turn-key people are from the South and East / West part of the city. Seems like no one  does or is much interested in the area across the river?   I  got an interesting opinion about that area in that rents are higher, houses more expensive and renters tend to stay longer and better neighborhoods.

Would like opinions of the area as such.   Any specific areas there that you might favor?  Any investors involved in there?

Like to make connection with a Wyoming investor

:But at the end of the day... their business is to make fix and flip profits Not cash flow. "

Jay Hinrichs

There is  not a better answer for all the questions and answers from investors looking to purchase from a Turn-key person.  They are interested in selling you( one of their houses )not in your cash flow after the sale.

Looking for information about the area as to the oil  industry and the housing situation there past and a little forward thinking.

would like your opinion of the housing situation in the general areas  of the oil industry. There has been  large building programs going on but I have seen large projects that have been stopped in various stages.  Some are calling for more needed housing and I am wondering why , with so many vacancies,  already built.

Perhaps you know of a good realtor there that I might also talk to about what is happening there.   Considering investing there but still not convinced.

I learned a long time ago to stay away from fire damage houses. They come with inheritor damage, usually?

Just an opinion.

I would really thin about it. I would make sure you know what other condos in the immediate area rent for. And really look at the rental record  and read the agreement very carefully. Maybe you cannot sublease or rent out and ect.  There are hoa dues. sometimes these are very substantial and never stop.    I finds condos not a good investment and I find the concept of living in them bad.

2 cents worth.

I would like to hear from anyone residing  or well established in the Philippines and the housing  there. I am looking to buy some properties there and would like to find reliable person connected  there.   I have lived many years there and just now back in the us.

Looking at a mobile home park in Farmington Hills, Michigan.     48336 Need opinion on the location. Good or bad?

Thanks

Have you given though to the possibilities  and problems the PM might add to your investing?

How well do you  look over agreements and ect with  the Pm?

What if the property does not rent soon?

How are rents collected- and deposited ot otherwise.

How easy is it to get rid of the PM?

Does the Pm really have insurance to cover him and you adequately?

does he have a bond for malpractice?

Are inspections done and how often.? Do you get reports of it.

Do you get reports and how often.

Do you let the Pm have control of the account and writing privileges?

How are the bills paid?

What about repairs needed. 

Do you get copies of the credit  check and ect for renters.

How does he get paid?

Do you use their rental agreement or yours?

These are just a few of the many things that you should be addressing with your pm.  

Perhaps someone has a better list of things to discuss with PM.

Do investors really do diligence on the Pm as to their responsibilities and actions?