Meeting notes: 1/5/24 6:30pm Kelly's 1st Friday of the month.
Good group!
1. Tony's dilemma - Bad Tenant causing problems with another Tenant and Neighbors, Police called multiple times BUT still paying Rent on Time.
Suggestions: Why wasn't this obvious when interviewing the Tenant. We reviewed a couple of ways this bad behaviour could be stopped. Also we found the Hot Button that could get this tenant to move on!
2. Property in Peabody that we saw when Tony Youngs last did his Hidden Market Tour for our Association. We all saw it, no one pulled the trigger (made an offer). It sold for $373k, fixed up and Sold for $725k (Home Run!). Robbie pointed out that it was Maxed out!, to the studs! with ALL brand new Appliances, Floors, Paint, Landscaping, HVAC and electrical.
AnnMarie sent all the details and photos for everyone there, hopefully for us to learn from. Moral: When you see Cinderella, do something, it's too late to try and chase down a slipper later on.
Actually we did see it 11/14/2021 and it sold 4/19/22, fixed up and resold 12/14/23. So not exactly that we missed it by a day:-( What do they say in Airports - If you see something, say something! To the Owner of course.
3. Gerry's concern, great house in West Peabody but the taxe
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