Michael Rossi's Blog

The purpose of this blog is to give you a look at the daily life of a rental property owner. It's not all sitting on a yacht like you see on the TV Infomercials! Visit our Website at: www.1MinuteToRentalPropertyRiches.com

Tuesday, July 8, 2008

Blessed by the Nuisance Abatement Board

The turnaround of the Pink Elephant is now officially complete, at least as far as the Nuisance Abatement Board is concerned. When I took this building over in January, this apartment building was a disaster, meaning that it housed a bunch of TERRIBLE tenants. It was not uncommon to have the police at the building 5 or 6 times in a single day. Violence, drugs, and deadbeats were the norm.

Today, the building has turned a corner with substantial progress being made. The nuisance board reported that not a single incident had occurred at the building in the past month!!! Compared to the dozens of calls that were occurring each month when we took over the building, this is a HUGE improvement.

As part of the meeting, I explained and demonstrated the operation of our new surveillance system at the building. Ironically, a neighborhood druggie had stolen a bicycle from one of the tenants at the building the day after the surveillance system was completed! The entire incident was caught on tape and the police were notified. The thief quickly became aware that his act had been caught on tape and that evening he returned the bike (again, caught on tape)!!! The board was very impressed by the surveillance system that we installed and they thanked me for turning around the building. I've been in contact with the nuisance board monthly since we took over the building in January, but with the official blessing of the nuisance board, the job is now complete and I won't need to attend any further meetings.

My attention now will turn to finishing the painting on the building and finding qualified tenants to put in the units that are vacant (and of course, raising the rent).

2 comments:

Anonymous said...

I hope you finish this work soon

rentals "R" us said...

How much do you get for these apartments.

congratulation's on completing the turnaround!