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LandLord Manifesto
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jy101

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  • work a 14 hour day today..
  • TZLC Project Update, April 2013
  • Rent Update, April 2013, 6 opens, collected 96.0% of total rent.
  • lets have a party!!!
  • ChineseREIT group members only
  • ÍòÀﳤÕ÷ de 2nd step.
  • Time Shares Pt 5 - no need for a big package..
  • Time Shares Pt 4 - home resort and fractional deeds..
  • Time Shares Pt 3 - more on timeshares...
  • Time Shares Pt 2 - Wyndham Map.
  • how to stretch your timeshare dollar and beat the system..
  • cjwl, just few words..
  • TZLC Project Update, March 2013
  • Rent Update, March 2013, 6 opens, collected 95.5% of total rent.
  • #2 reason 90% of all RE investors fail..
  • ¹éµµ±¸·Ý
    12/01/2003 - 01/01/2004
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    ÎÄÕ·ÖÀà
  • work a 14 hour day today..
  • TZLC Project Update, April 2013
  • Rent Update, April 2013, 6 opens, collected 96.0% of total rent.
  • lets have a party!!!
  • ChineseREIT group members only

  • What a great month, 100% occupancy for March 09, 93units all ren
  • rented out 5 units this month, collected 101.9% of expected rent
  • 2 more unexpected moving out for Feb 08, vacancy@8%
  • only collected 89.9% of rent this month, rent out 2 more
  • I rented 3 out of the 7 empty units this week....

  • just got back from court, I had a dead beat arrested
  • I got sued by tenant for personal property left behind - Pt 3
  • the only 2 way you can collect thru wages are
  • I got sued by tenant for personal property left behind - Pt 2
  • since we on this topic, of my 24 open claims on small claims co

  • Invest in RE is more of buying yourself a job...
  • Rental Market Trent
  • Devaluation of the currency can only differ what is inevitable
  • I think we have to give back 50% of the gain from this boom
  • finally, I feel the credit crunch...

  • how about a board house for low incomes?
  • New prospect- 13 unit asking 550k Ðø part3
  • submit an offer on a REO, part 2 - Done & Rented.
  • Submit an offer to a REO, Part 1
  • New prospect- 13 unit asking 550k Ðø part2

  • ¡¾Others¡¿
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    •  wow, good luck. Thanks for sharing. ...
    •  jy, thanks for sharing! learned a lot fr...
    •  Ò»¶¨ºÜÓÐȤ£¬²©Ö÷ÄÜ·ñÏêϸ½²½²Õâ¸ö¹ÊÊ£¿...
    ÄãÊÇµÚ Î»·ÃÎÊÕß
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    [²é¿´ÎҵIJ©¿ÍĿ¼] [¼ÓÈë¸öÈËÊéÇ©]
    work a 14 hour day today.. 2013-05-08 23:48:08

    7:00am, get up



    8:15, court, 24 collection cases, 1 paid $1200, 1 order to bring $1500 of his tax month in 30 days,  6 agree to make month payments, 4 no services, rest of them no show and send out for contempt of court notice.



    10:am, out of court, file for personal property tax forms for 2013.



    12:35, arrive in Indy, visited a 144 unit complex.







    1:30, drove by a 104 unit which coming to auction.







    3:00, visited a 248 unit.





    5:30, arrive in Peru, meet up with one previouse park manager, spend 3 hours in sherood MHP.







    8:30, Bourne end MHP, spoke with half dozen tenants there.







    10:00 home.

















     

    [´òÓ¡]
     
    TZLC Project Update, April 2013 2013-05-01 17:10:34
    TZLC Project Update, April 2013

    Walnut Apartment is now technically all full..

    renovation finished on last unit, all new plumbing, new electrical, new blower motor, new paint, new flooring, new toilet, new door bell... and its rented.

    Rent on new leases will increase from $395 to $415/month, compare to previous owner's $325/month, old leases will also increase from previously $325 to $350.


    11/12, Project 1, 72.9%

    12/12, Project 1, 83.8%.

    01/13, Project 1, 77.9%

    02/13, Project 1, 82.1%

    03/13, Project 1, 92.6%

    04/13, Project 1, 96.9%
    [´òÓ¡]
     
    Rent Update, April 2013, 6 opens, collected 96.0% of total rent. 2013-05-01 16:39:47

    Rent Update, April 2013, 6 opens, collected 96.0% of total rent.



    SFH + Duplex (45 units), collected 94.9%, 2 opens.

    Commercial Office Park (10 units), collected 100%, 0 open.

    Apartment Complex One (40 units), collected 103.2%, 1 opens.

    Apartment Complex Two (40 units), collected 89.3%, 3 opens.





    07/09 97.5%

    08/09 95.4%

    09/09 88.7%

    10/09 91.6%

    11/09 95.1%

    12/09 92.5%



    01/10 97.6%

    02/10 104.6%

    03/10 94.55%

    04/10 90.3%

    05/10 106.8%

    06/10 93.4%

    07/10 97.5%

    08/10 93.8%

    09/10 99.15%

    10/10 100.8%

    11/10 91.8%

    12/10 89.9%



    01/11 90.3%

    02/11 95.6%

    03/11 100.2%

    04/11 98.44%

    05/11 101.3%

    06/11 97.06%

    07/11 SFH 89.65%, Office 100%, Apt1 94%, Apt2 80.4%.

    08/11 SFH 90.1%, Office 100%, Apt1 101.9%, Apt2 80.7%.

    09/11 SFH 98.3%, Office 90%, Apt1 94%, Apt2 91%.

    10/11 Overall 89.9%, SFH 90.9%, Office 90%, Apt1 90.9%, Apt2 86.6%.

    11/11 Overall 92.4%, SFH 95.7%, Office 90%, Apt1 100.2%, Apt2 79.8%.

    12/11 Overall 87.7%, SFH 94.9%, Office 90%, Apt1 90.5%, Apt2 77.5%.

    2011 Year End, Overall 93.2%.



    01/12 Overall 89.3%, SFH 96.8%, Office 90%, Apt1 91.8%, Apt2 77.2%.

    02/12 Overall 94.8%, SFH 107.71%, Office 90%, Apt1 95.3%, Apt2 81.3%.

    03/12 Overall 101%, SFH 102.2%, Office 90%, Apt1 103.2%, Apt2 101.1%.

    04/12 Overall 109%, SFH 118.4%, Office 100%, Apt1 112.4%, Apt2 91.8%

    05/12 Overall 102%, SFH 104.4%, Office 84.3%, Apt1 105.5%, Apt2 95.3%

    06/12 Overall 97.5%, SFH 100.3%, Office 84.3%, Apt1 103.2%, Apt2 86.9%

    07/12 Overall 97.1%, SFH 100.3%, Office 100.3%, Apt1 95.7%, Apt2 90.2%

    08/12 Overall 92.5%, SFH 90.4%, Office 100%, Apt1 98.3%, Apt2 89.2%

    09/12 Overall 91.3%, SFH 92.3%, Office 100%, Apt1 93.5%, Apt2 88.8%

    10/12 Overall 92.6%, SFH 90.8%, Office 100%, Apt1 95.8%, Apt2 89.5%

    11/12 Overall 91.3%, SFH 92.3%, Office 100%, Apt1 88.2%, Apt2 92.3%

    12/12 Overall 90.8%, SFH 91.4%, Office 100%, Apt1 84.4%, Apt2 94.9%



    2012 Year End, Overall 95.3%.



    01/13 Overall 91.8%, SFH 91.5%, Office 100%, Apt1 91.5%, Apt2 92.1%

    02/13 Overall 100.1%, SFH 102.4%, Office 100%, Apt1 100.2%, Apt2 96.4%

    03/13 Overall 95.5%, SFH 92.1%, Office 100%, Apt1 104.6%, Apt2 92.6%

    04/13 Overall 96.0%, SFH 94.9%, Office 100%, Apt1 103.2%, Apt2 89.3%
    [´òÓ¡]
     
    lets have a party!!! 2013-04-30 12:19:12










    TZLC Group Project #2



    road map.



    1. auction - done

    1.1 escrow - funded

    1.2 purchase agreement - signed

    1.3 title - committed.

     

    2. fund raising

    2.1 current members - 19 committed

    2.2 priority list -  committed

    2.3 extend group - assigned

    2.4 waiting list - notified.

     

    3. entities

    3.1 original operating agreement - modified

    3.2 new entities

    3.2.1 Sherwood MHP of Peru, LLC

    3.2.2. Bourne End MHP of Peru, LLC

     

    4. new unit issuance.

    4.1 new members need questionnaire fill out.

    4.2 if we choose to accept, new members need to sign membership subscription agreement and acceptance agreement of the current operation agreement.


    5. new members

    5.1 notified.

     

    6. funding

    6.1 funding no later than 5/20/13

     

    7. closing.

    7.1 closing expected on 5/31/13
    [´òÓ¡]
     
    ChineseREIT group members only 2013-04-30 12:18:53
    ChineseREIT group members please check your email for upcoming group project.



    FYI, please find offering memorandum from listing agent:
    [´òÓ¡]
     
     
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