Matthew Chan & Wes Weaver discuss the issues, roadblocks, and challenges of real estate beginners.
Mar
18
TurnKey Investor Show – Episode 1 (Pt.1of2)
Matthew Chan & Wes Weaver discuss Wes’ rising career as a professional real estate investor and real estate broker. March 2011.
Oct
09
Launching Intrepid Bookkeeping Services of Columbus Georgia
I am happy to announce that Martha Leverett (who has managed my office and accounting for nearly half a decade) and I have decided to join forces to launch Intrepid Bookkeeping Services, a brand-new accounting and bookkeeping service firm in the Columbus, Georgia area.
We have worked quite well over the years and have complementary skills sets. We felt there was a need for a more progressive bookkeeping and accounting firm in our area. It has been my experience that many current firms are not technologically progressive and very conservative in how they operate.
Having embraced used and implemented technology in very creative ways in our own accounting operation, we felt other businesses in our area could benefit from our experience. Since we have a good business reputation and established track record in our area, we are optimistic in finding some great new clients to work with.
Sep
25
Upcoming Visit to Webster University Alumni & Faculty Authors Book Signing & Reception
This post was first published on the MatthewChan Blog.
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As an MBA alumni who became an author, I have been invited by Webster University to attend the Webster University Alumni & Faculty Authors Book Signing & Reception in St. Louis, MO on October 9, 2009.
When I attended Webster University for my MBA well over a decade ago, I did the academic work at the Orlando campus. I have never been to St. Louis and looking forward to finally visiting the city and the Main Campus being at the heart of the academic action.
I will be bringing out my digital camera and camcorder to capture some memories of the experience.
Jul
18
Real Estate Business Partner, Wes Weaver, Gets Engaged!
This was first posted on the Matthew S. Chan Blog.
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I am happy to announce that my friend and real estate business partner, Wes Weaver, got engaged to Brandy Sheffield. I am very happy for the couple. I think they will make a great couple. I was honored and privileged to have been invited and attended the private family and close friends event at his parents house in Midland, GA.
I look forward to attending their wedding whenever they decide it should be.
Jun
28
ColumbusGAHousing.com Launched for Local Section 8 Landlords
Because of my dissatisfaction of how the Columbus GA Housing Authority manages and conducts itself and its apparent lack of customer service accountability, I have taken the step to launch ColumbusGAHousing.com to assist and provide information and editorials to local landlords in navigating the Section 8 Housing Voucher Program with the Columbus GA Housing Authority.
ColumbusGAHousing.com will give “street information” as to how they actually work, not the “official” public line they tell people. They always seem to have excuses as to why they fall short in their customer service performance but they have no problems holding anyone else accountable.
My business partner and I continue to work with them and have several rental homes under the Section 8 Housing Voucher Program but our complaints have largely gone ignored. However, that may change when they find out (through ColumbusGAHousing.com) that more landlords are dissatisfied with their customer service to landlords. It may also require escalation to higher levels of the HUD Agency to get some attention.
Jun
09
Housing Authority of Columbus GA – Section 8 Housing Voucher Program – Landlord Info
Since this post was made, I launched ColumbusGAHousing.com, a landlord’s guide to The Columbus GA Housing Authority. More information can be found there.
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It is pretty bad that our Public Housing Authority (PHA), The Housing Authority of Columbus GA, has no functional website or central source of information. So, I have decided to put together an informal source of information (and comments) that other local landlords can refer to. I would have preferred they put one together but I was told that it might be an indeterminate time when this might happen.
I have learned that putting things in writing is far more effective than simply complaining. Our PHA gets complaints all the time and I get the feeling they are numbed by the onslaught of people. So, I have chosen to simply collect and publicly report the information here.
Meanwhile, everyone has to pray and hope a phone call can be returned. Return phone calls by nearly everyone is either ignored or extremely slow because they are supposedly understaffed and underfunded. I have been hearing this excuse for years and it has tested my patience. I have been very respectful and tried to be understanding and accommodating but I am quickly coming to the conclusion that if you need attention and help, you have to be willing to complain insistently, loudly, and to many people.
We are private landlords that work within the Section 8 Voucher Program. Because of my various attempts to investigate and gather information regarding the chain of command and who is accountable to who, this is what I have come up thus far:
- Executive Director: Len Williams
- Director of Housing: Carolyn LaValley (706) 571-2842
- Section 8 Coordinator: Bob Wade (706) 571-2870
- Inspector: Scott Johnson (706) 571-2873 x 2876
- Inspector: John Casteel (706) 571-2873 x 2875
- Inspector: Angie Suggs (706) 571-2873 x 2833
Their street address is: 1180 Martin Luther King Blvd. Columbus 31906.
The Board Chairman is: Franklin Douglass (706) 321-0015
The Housing Authority of Columbus GA works with the HUD office in Atlanta.
- Barry Troutman – Regional Section 8 Expert (678) 732-2507.
- He reports to Ada Holloway – (678) 732-2334
- Susan Brooke is the HUD representative that works with our local PHA. (678) 732-2548
I had to call these folks to learn more about the working relationship of HUD and our local PHA. I was advised to HUD’s Housing Choice Voucher Program document. This is the master document from which our PHA sets their own administrative policies.
I have been told that this Administrative Guide is 600-pages long and only available if you are willing to pay to photocopy this manual. This is such an obsolete approach. They don’t seem to have an electronic version available. However, I question this because someone had to type up this manual into a computer. I have to believe there is some electronic file saved somewhere within their computer systems. They simply need to make the file available. If it is a Microsoft Word or Corel Wordperfect file, it can be easily converted to a PDF file.
I really dislike calling our local PHA beyond what I minimally need because they are always trying to rush you off the phone and give quick answers. More than once, I have had to politely tell them to not rush me off because I wanted my questions answered and issues taken cared of.
This post will be periodically updated as I get new information. If you are a landlord and would like to contribute information that I do not currently have here, please email me.
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Since this post was made, I launched ColumbusGAHousing.com, a landlord’s guide to The Columbus GA Housing Authority. More information can be found there.
Sep
04
40% Discount End of Summer Sale for all “TurnKey Investor” Titles
For the very first time, I am running a 40% discount sale of all “TurnKey Investor” and “Ascend Beyond” titles for orders over $99.00. This is an experiment to see how many people will respond to a limited time promotion across multiple titles.
If you order $100 worth of products, you will get a $40 discount. This is a very steep discount but I can afford to do it as the publisher and author. You will have to enter a coupon code to take advantage of this “sep08sale”. It expires on September 30, 2008.
If there have been any titles you wanted to order, now is the time to order.
Go visit the Ascend Beyond SuperStore for this very special sale.
Aug
21
Muscogee County, GA Bank Garnishment Procedures
These are the procedures to do a Bank Garnishment in Muscogee County, GA as was reported to me. You should verify these procedures with the Clerk’s office if you plan to execute on this.
Essentially, you can sweep a garnishee’s bank account. It is a powerful way to collect on unpaid judgments.
First, you have to pay $47.50 to domesticate a judgment if from out of state. That judgment has to be served. It gives them the opportunity to contest it. After a waiting period and if they don’t contest it, you can move to bank garnishments.
To do a multiple bank garnishment, we have to pay $49.50 for the first bank and $3.00 for each additional bank. In the past, there were only 7 major banks to garnish. However, we now have 16 banks if you include all the small, community banks that have cropped up in recent years.
One attorney reportedly files for all 16 banks in one shot. At only $3.00/bank, it is a good value. Garnishment fees are reimbursable and can be added to the balance.
If you do not get all the monies on the first wave, you simply refile at a future time to sweep the banks again. Although you have to pay another filing fee to sweep the banks, you can once again tack on that fee to the outstanding balance. You can do it as many times as you need to, to ultimately collect the balance and all the filing fees.
My opinion is that you can only do this once in a great while since people will be wise to it and may avoid bank accounts altogether.
