All Forum Posts by: Teal Lambert

I usually say something along the lines of " we spoke about a deal a week/month ago. I was wondering how you've progressed on the sale. I'm still interested in purchasing, please remember i'm offering cash and willing to work a deal immediately. No seller wants to hear that they are selling for their rock bottom price.

He sure isn't treating his most important partner right.  I don't think I would want to anywhere around that situation.

If your unsure don't rent to them. Some of the best tenants just simply appreciate a roof over their head. And a lot are first time renters. 

A letter doesn't have to be much. Just let them know you are interested in buying the property. And give them your contact info. Don't make the letter seem like it's the same one you sent a thousand people. Make it personal. 

sorry meant to say because you will pay more than the tenant next door. 

It doesn't sound that profitable to me.  Unless you pay more rent than the tennant next door. 

talk to the neighbors. They may steer you towards someone who can knows about the property. There is never a dead end. 

Is this house in an outstanding neighborhood? Does it stick out as subpar to its surroundings? If so the lot itself is where the value is. 

it's really up to you're judgement.  I don't think there is any clear cut way to tell a good tenant from bad except for time.

I'll tell you when posting no pets cancels a lot of future renters.  Pets arnt a big deal unless they do cause distruction which could be added as a clause in the contract. Lots of people love their pets and consider them part of the family.