All Forum Posts by: Tevis Verrett

Buhravo Nick Aalerud all of us are beaten, bruised, skinned up to some extent . . .

Your story is an inspiration to us all!

Blessings,

Tevis

Annette Hibbler you have my interest.

I will email you for the pro forma, rent roll, etc. . .

Tevis

Kay March be careful renting to military personnel. If you have to evict, it takes an act of God, as the courts (at least in CA) will slap down your landlord rights.

YMMV, check the laws in your state.

Vet him carefully, and check with previous landords.

Good luck,

Tevis

Dear Jean:

Karen Margrave is the Queen Baller in Orange County, I am in awe with her prowess in creating McMansions out of dirt.

Many years before I reach even apprentice level.

Jean Norton, sounds like you are doing the same in your neck of the woods!

Karen you asked me in a previous post what I am currently doing. . .

I am positioning myself as a Commercial Hard Money Broker and currently have an impressive lending ceiling.

Also, have my hands into institutional commercial soft money that can stretch out 5 to 7 years for seasoned ballers such as yourselves.

. . .and then, what I am best at is fixing, getting deals closed like the Hancock Park in the previous post.

So ladies I stand before you both as a happy puppy. . how can I support you?

Tevis

Hi Bhavna J. PMd you!

Tevis

Arrgh, apologies in advance for being the dark Debby downer on this wonderful exchange of positive and loving ideas. . .

. . . tho, there is a TEECHING point that can contribute to our beloved BP community.

Yes, certain trees grow roots twice the size of the height of the tree. They suck maaad water to continue their growth. . .

. . . and WHERE do you think they get all of that water? Its not from annual rain fall.

It is from your sewer line. I got to experience this first hand and it is a nasty and costly $7,500 plumbing fix.

The roots seek, find, and grow into the ceramic pipe-find a crack and expand it.

Next thing you know, you have feces backing up in your bathtub.

niice!

The fix?

Every quarter, have the roto rooter guy do a preventative snake all the way to the street.

$150 per year saves a one-time cost of $7,500 and re-piping with PVC.

Blessings and much good luck with your investments.

If this helps ONE brother or sister, I have paid my dues for making the world a bit brighter on this day!

Tevis

Buhravo and welcome my new BP brothers. Lean on me and lets get you guys dialed in. PM me or give me a call.

A warm welcome, this is a great place.

Tevis

Good Morning Natasha Hylton and David Torres and a warm welcome to BP and the wonderful and lucrative world of real estate investing.

I would be pleased to take you both under my wing and partner with you on deals.

First things first, I concurr with David, lets get you both in a good Real Estate Investment Association (REIA) where you can get a sense of Lead and Deal Brokering (bird dogging and wholesaling).

Until BP has a cohesive REIA, many of us have our home REIAs.

I am a member of the San Fernando Valley REIA: http://www.meetup.com/sfv-real-estate-club

and my hero and resident good guy and modd extraordinaire Will Barnard has hipped me to the InvestClub for Women: http://www.meetup.com/investCLUBLA/

Hope to meet you both in person soon!

Restful Saturday,

Tevis

Bryce Y., separating the wheat from the chaff is more an art than a science.

looking through the the glass as half full-congrats on dissuading the felons, the child molesters, and the professional tenants from applying.

If you are not getting bites, you need to step up to 'value added' amenities. On the other hand, you can also go with concessions like buy 12, pay 11 months. . .and in the small print, put 12th month free with renewal.

Give it a shot,

Tevis

Definitely what Rick said, and also, come up with your stone cold rental parameters and leave it on a voicemail that a prospective tenant can call.

Inform them of the next steps (e.g. . . . call X number for more information, open house scheduled on X day where if they qualify, they can view the property and fill out a rental application, email X for more information)

You call the ball and you run the schow!

I have just saved you a bucketload of grocery money and time outsourcing.

Cream rises to the top, and your screening tool will disqualify those whom you wouldnt rent to anyway.

Hope this helps,

Tevis