All Forum Posts by: Account Closed

@Louis Dobrik I strongly believe in the 50% rule after living it.  We have a few larger multi family properties that are near 100% occupied and are consistently seeing half of our income set aside for taxes, insurance, mortgage payments and maintenance.  Gotta love positive cash flow! 

Great thing is the low taxes!  

@Kevin Drouillard  I do see that property #1 has collected income for the full year and the tenant moved out after one year. The MR was $1400 (half of which was covered by the tenant SD).   Property #2 had an eviction after 9 months of being tenanted.  The cost of attorney fees will be reimbursed by USREEB (this was not brought to my attention and the PM was just doing their duty by charging the owner).   Property #3, If you recall, this tenant lost their job and unfortunately had to leave the property. USREEB did cover this. It was vacant in the winter months but was re rented by Spring. 

I do want to ensure you that our tenant screening criteria can be viewed from the property management website for all to see.  This is strictly followed however the unforeseen circumstances of the residents in these homes are not in our control. While we don't appreciate the slanderous comments on the internet that are in direct violation of your contracts,  we do try our very best to supply any and all possible solutions for the owners to have the best investing experience possible.  

Kevin, if you'd like, you are free to give me a call this week to go over your investment portfolio. 

@Jay Hinrichs he walked properties that were not rehabbed :) bought in a package and listed them as is.... funny what people think they know

@Will Zena modifications.... 🤣

@Josh Sparks You have never looked at our turnkey properties. You have looked at listed multi families. Completely different game.

@Josh Fabrizio I think you will be impressed with the upcoming medications and implementations to the PM contact center! I will shoot you an email with all the details : )

@Marc S. Congratulations on the leap of faith!  It's not joke, real estate can be a game changer...and a life changer!  Let me know if you need information on Kansas City or Cincinnati/Dayton markets, I am glad to help.

@Account Closed Kansas City is a great market.  It's my hometown so I am biased, however, I have watched the population, job market and city as a whole grow so much over the past 5-7 years.  The multi families are few and far between, a lot of new construction apartments have started as well.

@Shevon Coorey I'm most familiar with Kansas City and Cincinnati/Dayton. If you have any questions regarding those markets, I'd be glad to help! 

@Dillon Dinglasan It may seem like a big leap but working with a turnkey provider is definitely helpful!  I have served many clients across the globe with their investments.  My company has allowed investors to be completely hands off while we manage the acquisition, rehab, leasing, and property management.  If you have market specific questions to Kansas City or Cincinnati/Dayton, I would be glad to help!  Best of luck to you.