All Forum Posts by: Todd Pultz

@Erik B. Very quickly! Lol!

@Cherif Medawar @David A. I understand your concern and had the thought myself, but it was an option on how to spend 100k. Now most see when a post is geared to induce some business, but we deal with it.

I actually had a post removed on this string because I told someone to watch one of my videos on Instagram. Now mind you I don’t even have a business account on Instagram and I don’t sell anything at all, so I scratch my head sometimes on what they allow and don’t, but I deal with it.

All good information we can all benefit from. Several strategies laid out here that allow everyone to think for themselves. I would hope anyone that’s going to work with someone will due their due diligence!

@Adrian Fajardo 6-8 months is typical on refinance. There are quads across the Midwest that will fit

@John Warren send me those tenants above 600 lol! 75% of our apps have -1 scores and the others are in the 5’s. I can’t remember the last time I saw 600 on those properties. However a lot of times are due to medical collections and phone collections. Most we couple criminal and rental history together to make a better decision. We do require 3x rent though and that keeps us rolling nice. They are all manageable usually as long as you are active and hands on while not taking any BS, you would probably agree.

Somebody tell me how to add pictures on the post and I’ll send some from this morning of the stuff you deal with in C & D neighborhoods. Can’t seem to find an option on the phone to add a picture, but I’ve seen others do it

@John Warren your on it with classifications. All properties have a class that talk to age and shape, but the bigger discussion on this thread is the class of neighborhood!

Although, you said not that intense to run?????come hang with me for a week! Lol

If we say C+ neighborhood things are fairly chill, but as we drop down to C- or D things can get and be dicey and you have to work!

@Jorge Torres yes we buy and sell SFH every day! I do not hold any SFH ‘s though as I like tri and above, but we have tons of SFH's available

@Jay Hinrichs pretty right on. Gas and electric collections is huge because they won’t be able to get in their name and we do not carry utilities. Not real sure on the cell phone thing as many of my applicants have cell phone collections. They run one bill up and the switch carriers. Your spot on though with what we are looking for.

@Marc Estepa sounds frustrating for sure but I’m sure you guys can work through it. If not pay the small fee for small claims and let the chips fall where they may.

Your follow-up now makes more sense, thank you

I failed to say it, but thank you for your service by the way!

@Chris Gawlik on vacancies we have the same paint color, the same flooring, VCT in common and we use a laminate in units, same stoves, same refrigerators same everything for the most part. We have a network of used appliance guys that work on appliances and sell is fridges that looks new for $200 and stoves for $150. Same windows for replacement. We use the same master lock system so keys are easy. I have 1 key for all my properties.

Yes we have often did big jobs on multi-family. If we get into a quad for say 25-30k, we know we will have to replace all electric, all galvanized plumbing, hot water heaters, furnaces etc. and yes I use the same everything except furnaces as those might depend whether you have Up flow, down flow etc.

I use the same led address sign, the same unit number plate, the same towing company sign,

It’s like an assembly line, but that’s for when we take new buildings as Like I said we run very little vacancy.

I could write a book with stories on landlording if I was any good with grammar!