All Forum Posts by: Leslie A.
Leslie A. has started 22 posts and replied 455 times.
Post: Houston Meetup, December 11, 2014
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Hey @Charles Nguyen
What kind of place is this? Just a meeting room?
What are the meetings like? Will I have to talk? LOL
Just a little nervous about coming.
Post: I love property management and I'm not kidding. Who else gets to deal with this in their regular day? Oh BTW is a duck a "pet"?
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Originally posted by @Troy Young:
My first tenant asked if I allowed animals because he had a couple dogs. I said that would be alright. He is an older guy and after a few months found out how much he loved animals. He would go down to the animal rescue and take pretty much anything that needed a home. He had probably at least 30 pets in there soon including: dogs, cats, rabbits, ferrets, rats, lizards and lots of birds including parrots. From that experience I learned to charge $10 per animal per month to keep it somewhat under control. I didn't change this guys lease. The house already smelled by the time I saw all the pets, so I don't want to get it back, but I'm not going to put new carpet or much else into it while he is there.
I charge $10 a week per pet. He'd have a big bill!
Post: I love property management and I'm not kidding. Who else gets to deal with this in their regular day? Oh BTW is a duck a "pet"?
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Post: Mobile Home Deal. Help!!!
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Generally, if the mobile homes are already there before the ordinances against them are passed they can stay there. They are grandfathered in.
It's $40,000 for the homes and the lots? That's not bad. Why don't you ask in the mobile homes section of the forum? You may get better answers there.
HTH
Post: Just Closed Today! 2/1 MH on a 1/4 acre for $4k.
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Yes, I've read that website. Great info.
Post: Just Closed Today! 2/1 MH on a 1/4 acre for $4k.
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
I don't know. I've spoken to Grant Kemp, but decided to do rentals because of Dodd Frank. And ended up renting travel trailers rather than MHs.
Post: Just Closed Today! 2/1 MH on a 1/4 acre for $4k.
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
I know. I wasn't criticizing Curt at all. Hope it didn't sound like it. Highly respect his opinion.
And John Fedro - he's the best!
Post: Just Closed Today! 2/1 MH on a 1/4 acre for $4k.
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Dwight,
Great job on getting a great deal!
Have you already rented it? If not, please make sure you're charging market rent. I don't know what your market is like, but around here, you could probably get 600-700. Charge it! Like Curt said, you are going to have lots of expenses. I think he's way too pessimistic, but anyway, you will have expenses and you need to make some money. That's the whole point, right? :)
Post: Foam or Recoat
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
Can't you just use the Kool Seal roof coating that comes in a bucket? should just cost a few hundred.
Post: MH Investing Education
- Real Estate Investor
- Houston, TX
- Posts 499
- Votes 206
John Fedro's podcasts and blog are great.