Investment shortcuts (financial & repairs / maint)

I know this segment is blunt and to the point.  I also know I'm preaching to the choir.  I speak as a property investor myself.


A true story.  (and I cringe)
An investor was getting his property lead safe compliant for the city of Cleveland; great!
BUT...the owner didn't want to buy all the brand new windows needed to be in compliance.  So, the LBP assessor said to just screw shut and seal the windows not being replaced 
This is a massive building code violation.  Sure enough, the Section 8 inspection FAILED.

Shame on the LBP assessor for making the suggestion.
Shame on the owner for requesting his contractor do work against code.
More importantly, shame on the contractor for agreeing to do the work.  There are wwaayy too many home owners needing work to code that why would you have this as a representation of what you do?

As an investor / owner...if you refuse to give a legitimate product, you don't belong in real estate.  If your MO is to find financial short cuts.  Every.  Step.  Of.  The.  Way.  You also don't belong in real estate.
There's money to be made in real estate, but NEVER by being cheap.


Karen Bostwick, Broker

now!!  also a Notary Public

D & K Property Management Services

(440) 590-5925

KarenMBostwick@yahoo.com

https://dkpropertymgmtsvcs.blogspot.com/

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