All Forum Posts by: Tim Miller

The main problem with them charging $9.99 a week is there is no VALUE ADD to the service. Send an email to Zillow, telling them you disapprove of this. Otherwise they will roll this out nation wide. 

There are plenty of other services to use, Apartment.com, Cozy, Realtor.com & Zumper Pro. With Zumper, they will put your ad on Facebook Market. Look for other ad services that cater to your local market.

@Jason Appel -- You also need to ask, why was it sold in May 2019 for $180,000 & now they are asking $179,000???

Plus I grew up in the Hagerstown area & I wouldn't touch any property in this neighborhood. Good luck!

We invest in Maryland, mainly in Hagerstown.

@Russell Brazil -- Russell is correct about Hagerstown and how people are losing a lot of money. We bought a property from one of them and we now have a 15% Cap Rate. We bought the property next door, rehab and applied our strict standards. Now we're getting 20% Cap Rate on it. We're the exception, not the rule for Hagerstown.

For us it depends on what is on their credit report. If it's only medical, we will over look that. If they can't pay their utilities, we will deny them.

Anytime they are too pushy or demanding, we deny them right away. They beg and give a sob story, we deny them.

Like the others have said, these are all RED FLAGS. Take your emotions out of this process. If you don't, it will come back and bite you. Good luck!

@Steven Haughey Hey, sounds good.....but. $95k for a duplex in Hagerstown sounds like it's not in the best part of town.

PM me with the street and block. I can let you know what the area is like.

Patrick, I'm not sure how Carroll county handles this. In Washington County, it's 3 or 4 times before the judge will not allow the tenant the right of redemption. 

Some tenants know this and they will play the game. All along you have to waste your time to deal with it.

As it has been stated many times before,  screen them, screen them, screen them.  It's the only way to lower your risk. Good luck.

@Russell Brazil This is only for agents that subscribe to Bright MLS services? I think every agent should cancel their subscription. Who do they think they are? Off market deals are done because they don't want to deal with all the red tape and to save money.

@Nicho Pruett sorry that people don't read what you are asking. Unfortunately I don't know if there is any insurance that would cover that. My advice is to have your friend ask his/her current insurance agent. I hope that the cement was contained to the toilet only and not to the sewer pipes. 

@LaRuan A. Cole Our local bank is in western Maryland. The Baltimore area is not in their range.

I would check with a small local bank. We have 2 multi family building and only put 20% down on both of them.