All Forum Posts by: Michael Plante

How many of you really have a problem with calls at 3am? 

I've never received a call later than 9pm, and it's very unusual for a tenant to call later than 6pm. If you're getting non-emergency calls in the middle of the night, maybe you need a better class of rentals.

I have a tenant that owes me about $30K in rental debt in San Diego. I will pursue through small claims court after March, 2021. The problem is this.

1) when tenant moves out, they don't have to provide me a forwarding address

2) they could also change their email and or cell phone number as well

3) my attorney says it's a conflict of interest to try and get the tenant's forwarding address from the tenant's attorney (they will most likely not provide this information)

4) I do have the tenant's driver's license and US passport

So how do I go about obtaining the tenant's present address when there's no obligation on their part to provide it. Since small claims court requires you to know their present address in order to serve them.

So just wondering how previous landlords have gone about this. 

1) do you hire a private investigator? If so, please provide some contacts in Southern California (Los Angeles, San Diego) for me.

2) do you hire a profession collection agency? If so, please provide some contacts in Southern California (Los Angeles, San Diego) for me.

3) also, what database or website do landlords use to place this tenant on the list of tenants that landlords should avoid at all cost? I would like to include this tenant on the list as well.

Thanks for reading and hopefully some people will reply with good insight to this.

@Michael Plante -  In market, I'd do the following

I'd source the deals through DM, 1099's driving for dollars and AI scripted text bots that hammer specific lists with scripts focused on solving the problem faced by that list. I'd have a call capture secretary who goes through a general questionnaire and schedules an appointment with our closer. 

I'd use one general contractor (whose also in charge of quality control & permits) who has 1 crew of three workers (with a reliable foreman) + a takeoff estimator, runner and secretary.   The GC would also be in charge of a few specialty subs, who'd roll from job to job to pound out their specific talent (roof, hvac, electrical, plumbing).  

Everyone would be cut in on a % of the profits.  It doesn't have to be much.  $100-$2k.   Interests must be aligned with the success of the venture

My goal would be to source deals with at least $50k net on them (running super conservative numbers). These can NOT be full gut rehabs. I'd use hard money w/ 100% rehab financing and close on them as fast as humanely possible.

This would mean 20 flips, (but maybe 18 if we're able to run ultra-efficient).  

Difficult? Absolutely

Impossible?  No

This plan would require a couple years of trial and error to pull off.  You need to find and surround yourself with a few extraordinary leaders.   Those types of people don't partner with people who aren't on their level.

Thank you for the kind words...