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All Forum Posts by: Michael Attaway

Michael Attaway has started 2 posts and replied 6 times.

Post: Inheriting Tenants

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0
How do you all handle getting background information on them...like credit scores and income verifications (for example)?

Post: Inheriting Tenants

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0
Thanks for the advice! We are not going to be doing any improvements. I love the "update" idea!

Post: Inheriting Tenants

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0

Hello all!

We are closing on a new duplex at the end of this month, and one of the units is currently occupied.  The tenants there are on a month to month lease and are paying a couple of hundred dollars below market rent in the area.  We would like to raise the rent to the market rate and get them on a 6 to 12 month lease.  Also, we like to do background checks, credit checks, income verifications, etc on all of our tenants, and we don't have that information on them.  I think they are a little worried about having new owners, and so, we may need to be very diplomatic in our handling of them.

Do any of you have any advice on dealing with preexisting tenants?  Thank you in advance!

Post: Newbie from Dallas

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0

Nick Pittari

Welcome! I just posted as a new person from the Dallas/Fort Worth area myself. I'm going to be wholesaling properties in the area. If you are interested in getting deals sent to you, send me an Email ([email protected]).

Hope to connect with you in the future!

Michael Attaway

Post: New Member from the Dallas/Fort Worth area

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0

Hey everyone! Thanks for all of the welcomes!

Jerry Puckett: Great to see another musician! I am a Classically trained trumpet player, and I mainly play in local churches, for weddings, and other concert-type venues. Do you play an instrument yourself?

The action plan that I have (and may be changed) is to do buy and hold investing. Right now, we have great credit and good income, but we have no money to invest. So, I have been looking at ways to wholesale properties to get that initial seed money. I don't really see myself staying in the wholesale area, though. My wife and I have a huge interest in flipping houses, but again, we need seed money to get that started.

By the way, I really enjoyed your interview on the recent podcast!

Rudy Gonzales: I would love to connect! What kind of work do you do in real estate? I think my phone number is on my profile, and my Email address is [email protected].

Tom Lafferty: We joined an organization called Lifestyles Unlimited back in February, and they have been great! The have a lot of great vendors to work with, and the education that they provide has been fantastic!

Brandon Turner: Thanks for the reply! I have absolutely LOVED the podcasts that you and Josh have been doing. It's been great to hear from different successful investors and hear the wide range of stories associated with them. I downloaded your ebook recently, and I'll definitely check out the "Beginner's Guide..." unless they are the same thing?

Post: New Member from the Dallas/Fort Worth area

Michael AttawayPosted
  • Real Estate Investor
  • Roanoke, TX
  • Posts 6
  • Votes 0

Hey everybody!

My name is Michael Attaway, and I am a new member from the Dallas/Fort Worth area. My background is in the music field, and I work as a performer and teacher. I've had a long fascination with real estate and passive income, and I'm excited to get started! My wife and I have no properties, yet, and we have yet to do any deals. We're about as new as it gets!

We joined a local REIA, and we've been attending classes. From that, we feel like we have a good grasp on the basic concepts, but I know that there is a lot of learning that happens through taking action.

Looking forward to engaging with and learning from all of you!