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All Forum Posts by: George P.

George P. has started 116 posts and replied 3982 times.

Post: #25 was purchased today

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

and update on this story that happen about 10 months ago...

so, the tenants moved in, paying $1300 per month. they re-sanded the floors, painted....pool is gone.

i am doing a refinancing on the loan (to get a lower APR), so i needed an appraisal.

the appraisal today came at $210k.

so, i got 90k in equity without doing anything to the house. that makes me pretty happy.

Post: Contractors: Quality, Honest, Reliable - Metro Detroit Area - MI

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

we do a lot of work for investors in those areas, west of detroit. i will not go east of telegraph.

look at my profile to see the website and our work. a few BP members have used us and seem happy.

Post: Need an agent in Clair County, Michigan

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

I have tenants that want to move to Clair County, Michigan.  It's close to midland, Mt pleasant and Houghton Lake. 

The tenants are currently in Detroit metro but they are looking to buy their home in Clair County.. Need a referral. 

Post: Why aren't people interested in apartment buildings Detroit

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

my guess is the numbers dont make sense. 

i have never been able to find anything in the suburbs that makes any positive cashflow without purchasing a job with it!

Post: Getting the price down

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

I like how it increased in price...  It was 119 a month ago and now it's 125..lol the agent has great skills.  Lol

Post: Downriver/suburban Detroit GC or Handyman

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

We do a lot of work there. 

Post: Refinishing Bathroom Tile Floor

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

There is a right way to do it and then there's your way to do it.. 

Just rip and replace 

Post: Auto Draft from Checking

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598
Originally posted by @Amanda Ward:

I use Venmo. It's an app, is free w/ debit card, and provides a monthly report. Curent tenants can't pay on time & it's killing me. I'm new at this & welcome any feedback! Thinking of amending contract to say $50 late fee for 1st day and $10 each day after until paid.. thought?

 Venmo is only 2,999 per week.  I have 35 rentals.  Venmo is too limiting for me 

Post: Tenant Applicants say the dumbest things

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598
Originally posted by @Jack B.:
Originally posted by @Jon Klaus:

Did you laugh? Or reach for your Glock?

Brilliant post/thread, Robin.

 I had a couple of convic..........a sex offender with. Enjoy jail you dumb moron loser.

 you sound angry. i mean "on the verge of ripping someone in half" angry. are you sure you are enjoying being a landlord? i have stories too but i just chuckle when i think of them...

Post: POLL: What are the most-asked questions in the forums?

George P.Posted
  • Property Manager
  • Livonia, MI
  • Posts 4,081
  • Votes 1,598

Which is better... 15 or 30 year?