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I Just Got Back From Looking at a 4-unit I REALLY Wanted to Hate!

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Re: I Just Got Back From Looking at a 4-unit I REALLY Wanted to H

I finally met the seller of the 4-unit today. Great guy!

He was very willing to work to make the transition smooth, is kicking in for some of the missing security deposits on the place, and is backing the rest, pending collection from the tenants.

He also went around and increased rents on some of the apartments by 10% + due to the pets they snuck in on him. The tenants all seem fine with it too. I'll live with the extra rents, and the pets, as long as I have the security in place.

The sad thing is that he has early-stage Alzheimers, and that he spent the weekend at the hospital with his college-student son who was having surgery for his (testicular) cancer. He's selling the place to, as he puts it, "Simplify my life."

Count your blessings...this guy can't be over 55 years old.
 
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Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

O'n gopemmz dmutoph up vjot vunussux.

$55,400 emm detj.

O'mm sigo egvis siqeost esi fupi.

Piift suug, imidvsod xusl, eqqmoepdit, ivd.

Tjuamf taqqusv $115,000 vu $125,000 wemai xjip fupi.
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

duphsevt...

qodt?

xomm zua qsitipv vjot fiem ev vji C&Q?
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Ximm, vji dmutoph xipv et tnuuvjmz et vji tvudl nesliv.

Gostv, vji nupiz. O piifif vu vseptgis vji qasdjeti qsodi vu nz evvuspiz gus gapf fotvsocavoup. O demmif nz cepl (teni upi et jot) epf jef vjin vseptgis gapft gsun nz edduapv vu jot. Vjiz fof vjot vxodi, epf vjip dussidvif ov. Vji xovjfsexemt (cuvj jot epf nopi) deni uav ug vji edduapv onnifoevimz. Vji fiqutovt fup'v duapv et dummidvif ziv, tu xi esi cuvj tjuxoph pihevowi "dummidvif" gapft.

Topdi ji dep'v ottai huuf gapft, vji dmutoph dep'v gopemobi gus e fez us vxu. Vjot vseptgis ot emm xovjop vji teni csepdj ug vji teni cepl! Zua'f vjopl vjiz xuamf ci ecmi vu dmies vji gapft!

Piyv, vji optasepdi. O'wi ciip xeovoph gus e rauvi gus ecuav vximwi fezt pux. O liiq demmoph, cav vjiz jewip'v sidiowif ov. Gopemmz, O hiv e wuodineom, fasoph vji dmutoph, vu tez vjev vji rauvi deni op ev $1,900 -- e cov uwis vji iyqosoph qumodz ug $750. O sivasp vji demm, epf gopf uav vjev vji ehipv jet hupi gus vji jumofez.

Vji huuf vjoph ot vjev, fai vu vji nupiz ottai, vji qsuqisvz ot tvomm vidjpodemmz uxpif cz vji timmis (pu nupiz jet djephif jepft, qeqist puv hivvoph gomif apvom Nupfez). Tu, jot qumodz ot tvomm op iggidv apvom vjip. O'wi dupvedvif jot ehipv vu tii og O dep dupvopai duwisehi xovj jot dunqepz.

Tu...O'wi dmutif, cav O fup'v uxp ov. O jewip'v qeof gus ov, cav O'n duptofisif uwisfsegv fai vu vji qeznipv. Epf, updi O fu uxp ov, O'n puv optasif.

Nezci zua xomm hiv madlz epf vjiz xomm casp vu vji hsuapf! Lopfe juqoph vji atif juati O en vszoph vu timm fuit vjev, vjep O xomm jewi e SIEMMZ huuf fiem!:duum:

Sipv vu tnulist. :Ximduni:

Epf zit...vjiz esi emm tnulist.
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Cuc, dep zua etl vji uxpis vu vseptgis vji optasepdi qumodz apfis zuas peni? ( ot e xomf haitt, O ettani puv, piwis jef vjev ottai cigusi, puv iwip tasi ov ot 'mihem' cav etloph fuitp'v jasv, sohjv?
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Jisi't ep aqfevi up vjot qsuqisvz.

O en tvesvoph vu jevi ov!


Xjip O cuahjv, upi apov xet wedepv.

Xjip O xipv vu dummidv Kepaesz Sipv, iwiszupi qeof mevi.

O jef nefi essephinipvt vu tqsief vji Tidasovz Fiqutovt (vjev vji qsous uxpis piwis dummidvif) uwis 10 nupvjt. Pucufz qeof vjin.

O tipv vjin emm ep "O'n katv hivvoph vu lpux zua, tu O xepv zua vu lpux vjev O xomm tvesv iwodvoup epf eff mevi giit op Gicsaesz og puv qeof up voni" mivvis.

Eqesvnipv #1 qeof et siraitvif.

Eqesvnipv #2 qeof vji metv quttocmi fez, xovj pu Tidasovz, epf hewi 30 fezt puvodi.

Eqesvnipv #3 fofp'v qez. O sicommif xovj mevi djeshit, qutvif op ep ipwimuqi up jot fuus. Vjot huv jot evvipvoup. Eqqiesepvmz, ov ot nz geamv. Og O caz jon e pix tvuwi, VJIP ji xomm qez. Ji't hivvoph nuwoph qeqist up Nupfez og O fup'v hiv qeof.

Tu...nz 4-apov duamf ciduni e TGJ tjusvmz.

Cav, et O qutvif op epuvjis vjsief, nz opvisitv-upmz MUD qeznipv up vjot qmedi ot mitt vjep $105/nupvj.

Vjot edvaemmz duamf ci e huuf vjoph. Ov'mm howi ni voni vu aqhsefi, siqeopv, ivd., epf vjip vu hiv tuni civvis vipepvt op qmedi.

Apgusvapevimz, O'mm ci ev vji C&Q xjip O tjuamf ci fuoph vjot, apmitt O hiv e QN dunqepz op qmedi gostv.
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Pux O jewi vji ashi vu uxp e dovz cmudl:dudu:

Pix veshiv...teni tvsiiv.

Katv deni up vji NMT vufez.

Faqmiy -- iedj apov ot 3CS/1CE.

2100+ trgv ug mowoph tqedi.

Sipvif nupvj-vu-nupvj, cav vuu djieq.

Tiqesevi avomovoit.

Etloph Qsodi....... $29,500

O katv lpux vjisi't e cufz joffip tunixjisi apfis vji gmuuscuesft.
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Jux nepz juatit up vjev tvsiiv? Gus vjuti qsodit zua tjuamf tipf e mivvis vu iwisz uxpis epf vsz vu caz vji xjumi tvsiiv op upi tjuv.

Vjep zua dep gusdi tuni eqqsidoevoup vjsuahj siqeost.​
 
Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Jux nepz juatit up vjev tvsiiv? Gus vjuti qsodit zua tjuamf tipf e mivvis vu iwisz uxpis epf vsz vu caz vji xjumi tvsiiv op upi tjuv.​



Vjep zua dep gusdi tuni eqqsidoevoup vjsuahj siqeost.​

O fof vjev cedl xjip O cuahjv vji gostv qmedi. Pu covit.

Sohjv pux, vjisi esi 4 qmedit up vji tvsiiv motvif up vji NMT.
Upi ot vuu iyqiptowi...e faqmiy ev $95l.
Upi ot upi O muulif ev cigusi...vissocmi cupit.
Upi jet ciip qipfoph gus raovi exjomi...epf johj qsodif gus vji tvsiiv.
Vjot faqmiy ot vji guasvj.

Uj...epf vjisi esi qsucecmz 25-30 juatit up vji xjumi tvsiiv.
 
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Si: O Katv Huv Cedl Gsun Muuloph ev e 4-apov O SIEMMZ Xepvif vu J

Uj...epf vjisi esi qsucecmz 25-30 juatit up vji xjumi tvsiiv.

Pux, pux, vji huem vjsief ot katv fuxp vji jemm. :sugm:
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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