Mel Hall Landlord & Judgment Recovery Specialist; MBA

Hands-on experience as a landlord, property manager, judgment recovery enforcer, and investor. Also specialize in landlord/tenant issues, evictions, and judgments. I want give landlords and plaintiffs that have been awarded judgmenta the tools they need to succeed and to get their money back.

Recent Answers

Be sure that this business opportunity is the best option for you. It could seem, at this point, that you may need a partner but possibly you may need to continue to allow the business to grow.

If you have decided that partnership is the best option for you, be sure to thoroughly vet your potential partner and protect yourself not only from a legal standpoint, but also from a relational aspect as well. Meaning, for example, are you friends with the individual, do you share like values, do you have the same business goals and ideas, and most importantly, can you trust the partner in your absence in all aspects of the business.

Let's talk to ensure this is the best option for you and your future.

I understand how you feel; I felt the same way when I started investing in rental property over nine years ago. There are a ton of books on investing in real estate, but I needed the 'real truth' about the market.

Start by locating a real estate investors group in your community and attend. You are sure to meet several seasoned investors with tons of knowledge. If you are unable to find a group, just contact a local property management company; I'm sure they are aware of area groups.

Facebook landlord/investor groups is another option if you are social media prone. Social media groups are a great way to network with other professionals and maybe even get a good lead on a wholesale property.

Find a realtor that specializes in selling investor property. Even better, hire a realtor that is actually an investor. The realtor will understand your mindset and will also be able to give you their first hand experience.

This should be a good starting point for you, but if you have more questions just give me a call - I have a couple more ideas that might work for you and even some tips on finding the right property and tenant (should you decide to rent it).

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