Your Investor's Guide on How To SUCCEED in Section 8 Housing Rentals

 

Chapter 17

Protecting Yourself
While Working on Your Property

What to say and what not to say to neighbors. How and when to bring in materials. Is a “Permit to Carry” right for you. Owning 1,000 homes is not worth your life.

"Most of the time when you are rehabbing your property, neighbors or passers by will ask you if you’re renting or selling the property. If you say you’re renting the property, some might ask you if they can see inside the property. I’d say about 90% have good intentions on possibly wanting to rent your property, the other 10% have bad intentions. What could be their bad intentions? Seeing what you’re putting into the property so they can come back later to rip you off. Checking to see what kind of tools are on your jobsite such as a break, table saw, etc. Looking for an opening, such as an old basement door lock or a rotted door frame, something that you haven’t repaired yet that they can sneak their way in through later. Or the worse case scenario, sweet talking their way into your property, then pulling a gun and robbing you!

How can you know which 10% are the ones that are up to no good? How can you prevent them from entering your home? It’s easy..."

"The answer to the question of ‘are you selling or renting?’ is, “I don’t know what the guy is going to do, I’m just the contractor..."

"Anyway, you are more likely to get stuck up if your telling the whole neighborhood that you are the landlord. Keep your mouth shut, tell them nothing and complete your project. He that speaks much is much mistaken!..."

"Here’s another tip. If you hear somebody knocking on the front door, never open it..."

"If someone’s knocking at the front door, go into the master bedroom, open the window and yell down, “Can I help you?” You will be able to see who’s at the
door and ask what they want, see what’s in their hands, and most importantly turn them away..."

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