All Forum Posts by: Mark N.A

It's a new world out there, Ryan.

The LLs with really nice rentals are raising their standards.

The LLs with crap are lowering them.

Good luck.

Tim, I'm pretty lazy so I decided to automate having fun. Whenever a tenant calls me s/he hears the message:

"Press 1 if you can't pay rent because a close relative died.

Press 2 if the dog ate your rent. Or died.

Press 3 if your welfare check got lost.

Press 4 is something terrible happened to your car/bicycle/Air Jordans.

Press 5 if there's black mold everywhere.

Press 6 if I'm a slumlord.

Any other suggestions to add to my phun-tree would be greatly appreciated.

Remember when the Cuyahoga River caught fire?

Do ya think parts of the ocean could follow suit?

What's extremely troubling is that BP's relief wells may miss the mark in August or, unthinkably worse, lead to a catastrophically greater escape of oil.

Then what?

Thanks, Rich. There are VERY FEW here on BP who give me pause to reconsider and you are one of them.

Here's the larger issue that concerns me:

That landlords will increasingly become targets-of-opportunity for municipal revenue enhancement, especially owners of MF units (as Bill said: "deep pockets, one vote, no brainer!").

Good luck with this, Rich.

I'm from the old school: I like owning my own personal house free and clear.

If I ever rent, it'll be a space for an RV.

Your best targets are probably the big companies owning/managing dedicated student complexes. Might try Dorms, too.

I have a web presence, of course, but the _last_ thing I want to do is engage in any superfluous social intercourse with my tenants.

NC is about ten years behind FL so we're still doing it the old-fashioned way -- on the courthouse steps.

Which can be advantageous. Case in point: six months ago I went to a foreclosure just for fun. Well it was RAINING and no one else showed up.

My lowwwww bid won but I had maybe $50 bucks with me. The very wet attorney then gave me a couple hours to bring a cashiers check to his office to close the deal.

So Rich, while you're sitting in your comfortable LaZboy I'm hoping for RAIN or SNOW to cut down on the competition!