When my Co-Founder and I were just developing the idea of Saving Grace Investments, every other person (more like 3 out of every 4) was telling us that "Dealing with tenants and toilets is nothing but a nightmare- give up the idea and find a real job."
Well, you see, we were going at it from a whole other angle. We wanted to help some people out. Everybody and their brother has short sold or foreclosed on 1 or 2 or 5 homes here in Phoenix it seems like, so that means there's lots of renters out there that haven't been renters in a really long time. It also means that a lot of really smart people are buying homes right now since they've suddenly gotten cheaper than most new SUV's, in case you haven't heard.
Not everyone wants to buy a home, and that cool, but lots of people do want to buy but can't. Unfortunately SGI can't issue our own bailout program, but we did figure out a way to help out a little. If you're a renter and you want to buy a home, you can help us out. You see, we have owners that want a renter in their home to help take care of the place, and treat it like their own. If you rent and hold up your end of the bargain, we will credit you $1,200 a year. It usually takes 3 years to fix you're credit after a short sale or foreclosure, so that means you'd have $3,600 to put down on a place just by renting!
This blog is going to be a way that you can check out the day to day interactions with tenants, owners, and those of us here at SGI. Names and addresses will be changed to protect the innocent...and the guilty.
Sample:
If you're not supposed to have a dog, but there is one roaming around your backyard and chews up the irrigation, you probably:
- Are dog sitting...
- Accidentally left the gate open and a random pooch decided to hang out...
- Are harboring a stray because you have a big heart...
- Have a dog that you're not supposed to have.
This is gonna be great, and there's more to come....
5. one of my tenants claimed it was her illegal roommate's dog. :-)
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