Kathy Kennebrook®’s Attract Motivated Sellers

For those of you who are attending Louis Brown’s Millionaire Deal Maker Boot Camp at the end of the month- February 26th-March 1st I look forward to “seeing” you on zoom on Sunday Morning March 1 to show you how to fill your pipeline with all of the motivated sellers you need for your real estate investing business. This is the perfect time and the perfect market to do even more deals!! See you there!!!

Marketing Tip # 24- Actually today’s tip is going to be a landlording tip. Here is my advice to landlords and budding landlords out there. Number one you need to have a kick butt tight lease agreement. I personally started with Louis Brown’s lease agreement many years ago and then we have tweaked it over the years based on Florida laws.

Second hold your tenants to the fire. We do not accept late rent for starters. Rent is due on the last working day of the month and if it is not in the office by 5 pm on the last working day of the month we automatically serve a three day notice, no exceptions.

Remember if your tenant pays you can always change your mind. Take a full set of photos before your tenant moves in and use a move in condition sheet. Then take a complete set of photos when the tenants move out. We were just in court last a year or so ago for damages against a tenant who was evicted. Property condition was awful, wish they had smellivision.

In any case we got in front of the judge on a Thursday (it went to trial) and we ended with a judgment for almost $9,000. As soon as the courts post the judgment our collection folks take it from there. We have been paid for many judgments throughout the years. Don’t be afraid to follow up with the collections on these judgments, it’s your money. In this particular case the tenant was in the property when we purchased the home. Seller sent me photos of property condition when they moved in and we had the tenant sign our lease agreement so we had a great case. It’s fairly rare anymore that we have evictions, this is because we do a great job vetting our tenants in the first place.

For all the information you need on filling your pipeline with eve more deals for your real estate investing business check out my website at www.marketingmagiclady.com

Happy Sunday Everyone! So I have another air bnb story for you. We are having problems again with the air bnb on one side of us. They have a new tenant in the property who has been walking their dogs all over our property two and three times a day. Our home is a half acre away from where they are staying.

Yesterday she walked the one dog through our driveway in between the parked cars and up to our side door. What the heck??? We have cameras everywhere at this point because of this type of nonsense. So I got really annoyed and I called the property management company. Some lady in the Philippines whose first language was definitely not English answers the phone with roosters crowing in the background. Mind you this is a fairly large company in our area. This is so unprofessional and ridiculous! I’m really hoping that you folks who have air bnbs are dong a better job!! This company overall is totally non-responsive to issues..

So then I contacted the owner and sent her photos from our cameras and I have spoken to the Sheriffs dept. The tenant is now on notice. If they show up in our yard again while we are here, they will come out and do a trespass warrant. We bought our home looking toward retirement many years ago and now it’s just a headache.

We have another self managed air bnb on the other side of us and we have worked out the issues we were having and it’s been pretty quiet for the last year and a half or so, so it can be done. But definitely NOT with a property management company.

Mark Your Calendar for September 13th 10am-4pm when I will be going a very special full day class where I will be teaching folks how to find the most highly motivated sellers to create profitable deals.

I will be covering how to use highly targeted direct mail to find very motivated sellers who will provide you will all the information you need in order to create the deals. I will also be covering 24 additional unique tools to find these motivated sellers. I will also be covering how to get realtors working for you, how to use attorneys to bring you deals, how to find even more private lenders and MORE!!!

Get registered NOW while we still have space available!! See you there!!!

So I am ranting again….I hate air bnbs. Many of you know this about me already. I think they should be abolished since it’s a commercial enterprise in a residential area. There are 9 air bnbs on the street I live on and we have one on each side of us. All of this has occurred within the last two years. We are talking about really high dollar houses.

Two weeks ago when fortunately we were out of town, there was huge party at the one that usually doesn’t give us trouble. The owner actually contacted me to find out what was going on. I guess other neighbors called the cops. I sent her photos off of our cameras. Then this week they had a group in the house with constant noise, fireworks, screaming in the pool at all hours and generally a nuisance. Plus hubby had surgery last week and we really didn’t need the hassle so I contacted the owner. She got on it immediately, however her people were banging on our door this morning. I used the intercom I did not answer the door.

The other problem with all this is that there are constant strangers in the neighborhood. The airbnb on the other side of us is a constant headache. So new people come in tomorrow for the holiday weekend and out on Tuesday in the headache house. How much you want to bet there is going to be a huge party?? This is typically their MO. Cops were there twice on Memorial Day Weekend. The owner of that one uses a property management company who couldn’t care less who is in the house.

I have the cops on speed dial. We are not tolerating it. Rant Over!