All Forum Posts by: Raun Stout

Cold calling and door knocking is one of the great untapped areas for potential, specifically because it does make so many people uncomfortable. So as a strategy I highly recommend it....just be prepared for a lot of 'no's to get that 'yes.'

Also I agree with the other members: He probably owes a lot more than 3k unless he has a a home that he bought for a low dollar amount or he put down a significant down payment.

This will apply to both flipping and people who are possibly going to remodel in preparation to list a SFR.

I am wondering what has proven to be the areas or specific items that have produced the biggest return when putting dollars into a home?  Especially if there are any things you have done to a house that turned out to be very popular or big flops. 

Please be as specific as possible. Kitchen, Bathroom, flooring is an answer that is probably not the most helpful. What exactly did you do or not do to the kitchen or bathroom? What kind of flooring did you put in and why that vs. something else? Was there something you did as an afterthought that turned out to be a huge selling point? Or a costly expense that was a waste?

Thanks again BPeeps--I am looking forward to your answers....Pics too?

Like many of the respondents have already said I never let anyone come to my home. I have sold everything from a car to small electronics via craigslist and every transaction that I have completed has been in a public setting. Usually a busy grocery store parking lot. Even that is no guarantee that nothing bad will happen. Always use the utmost caution and always go with your gut feeling. If you can have at least one other person there with you as well. And pepper spray...lots and lots of pepper spray.

 If you value tenants (they pay on time, respect your property, are good people) you have every right to have them sign a new lease with the lowered amount of rent to reflect the absence of one of the pets. And if he does not feel like doing that the landlord is also within their rights. The adjustment is made on number of pets not any other factor. Willingness to do so is another matter. I understand Derek's fear of litigation but that is quite a leap in my honest opinion.  

As I am sure you can see my name Is Raun ( pronounced Ron)...thanks Mom....

I am a Realtor in Tucson, AZ  A Real Estate Team, Long Realty

This site was recommended to me and after exploring and reading posts for the past couple of hours I am blown away by the thoughtful responses and helpfulness of the community members.

I do residential real estate, work with investors and am getting ready to actively invest myself for the first time.  I just wanted to drop a line and say Hello to the Bigger Pockets world.  

The only thing that would make me hesitate in this situation is if it is a 3 Bedroom/1 Bath. The whole one bathroom thing is something I usually just avoid all together unless you budget for a second bath to be added and valuations can support that.  In AZ it is fairly simple to get information from the assessors office if you find an address different from the physical location of the house you might have a place to start, you can also see if it owned by a Trust which will obviously change the probate aspects

There are a lot of good responses here. If you value the tenants I would adjust the rent for the pet that is no longer there. If you can rent the property with ease and you do not have any particular fondness for the tenants than keep it at the current rate.

On the lock out rate I agree with those who are saying if its in the lease then you should charge it. You don't want to create unnecessary precedent that could lead to more issues down the line. 

Honestly if they think you are being 'mean' that's on them. Everything is laid out in black and white, so neither party should be surprised by any charges or lack of fee reductions.