Asset Management & Recovery: Landlord Boy Shows Property

Gryphon USA, Ltd services clients through Gryphon Asset Management, Gryphon Realty Advisors and Gryphon Auction Group. Gryphon Asset Management manages operating entities and undertakes liquidation management in numerous business lines. Gryphon Realty Advisors is comprised of three divisions all working together; Residential, Commercial and Management. Projects range from single family investments and owner occupant reresentation to apartments and commercial complex disposition. Gryphon Auction Group assists clients with the sale of real property as well as commercial equipment.

Landlord Boy Shows Property

We sent Landlord Boy out to one of the properties today.  He needed to show it to a young lady who found us online about a month ago.  She has been waiting for us to have it ready to show and ready to rent.

Now this is the day that I hit 50k on the Rain.  Things were good and I was waiting for something to go wrong.  It was going to happen.  I just didn't know what would go wrong. 

Crap.  5:54pm.

Prospective tenant wants the place.  She wants to fill out an application on the spot.  Since we have had this vacant for 2 months, I am ready to rent to a donkey with a diarrhea problem.

Phone rings and I expect to hear that we have an app and things are good.  Wrong....

LL Boy: They were ready to sign the application, but there was a problem.

LL Man: Problem?  What problem?

LL Boy: The gang bangers.

LL Man: Huh?

LL Boy: Right after I handed them the application there was a noise outside.  It was about 15 little gang bangers getting into a fight.  They came out of the house across the street.  One of them was yelling that he was going home to get his gun.

LL Man: So what happened?

LL Boy: Tenant grabbed the application and left in a hurry.

LL Man:  So what about you?

LL Boy:  I called the cops.

LL Man:  And then you left?

LL Boy: No.  I was pretty sure I was safe upstairs and there was a good view of the street from the master.

LL Man:  So how long were you stuck in the house?

LL Boy:  Long enough to see the kid in the red hat get the crap kicked out of him.

LL Man:  And after that you walked out to the car with all of this going on and left?

LL Boy:  No. I was parked in back. They never saw me.

LL Man: So why did you stick around?

LL Boy:  I just wanted to see what would happen.

I think I like Landlord Boy...

 

Do you have questions about distressed assets, receivership or bankruptcy sales, auctions?  Email me at rfk@gryphonusa.com and I'll try to answer it in an upcoming post.

Richard F. Kruse is the President of Columbus, Ohio based Gryphon USA, Ltd. (www.gryphonusa.com).  The Gryphon Organization includes Gryphon Asset Management providing receivership and consulting services in the distressed marketplace, United Country Gryphon Realty & Auction Group (www.ucohiorealty.com & www.ucohioauctions.com) providing real estate brokerage and auction services throughout Ohio and OnlineAuctionUSA.com (www.onlineauctionusa.com) providing commercial asset liquidations from the Midwest to East Coast. 

United Country Gryphon Realty & Auction Career Opportunities Available.  Call 614-885-0020 x 17

7 commentsRich Kruse • March 21 2007 11:08PM

Comments

Rich - I keep telling you, Do Not get landlord boy killed. Especially now that he's a W-2 employee with insurance coverage. Our rates will go up if he dies and the his only possible replacements at this point are me and the littlest landlord. Neither of whom are going to go show these properties.

Renting to a donkey - that's a whole different issue that we'll have to discuss.

Posted by Melissa Kruse (Gryphon ) over 3 years ago
We have only one small area here that is a questionable neighborhood. But going over there in the daylight is ok..it's at night I might become uneasy. It's the crack area and where all the hookers hang out.
Posted by Danny Smith (DISCOVER TEXAS HOMES) over 3 years ago

ahhh, I'm almost missing living back in New York.  Almost but not quite.

Just want you to know that I did not laugh at this post or Melissa's comment.  <------Big Fat Lie

Posted by Pinecrest | Coral Gables| Maggie Dokic, SFR (Prudential Florida Realty) over 3 years ago

I like Landlord Boy too.. I would have done the same thing! Cept I would have had the camera out, flash off of course.

Maggie LOL!

Posted by Lysa Napolitano, Call Coordinator ~ Century 21 Sundance (Century 21 Sundance) over 3 years ago
LLM, LLB sounds like a keeper. Next time make sure he has his video camera so we can all see the YouTube short. I'm assuming his concealed weapons permit is in the works?
Posted by Bryant Tutas-Tutas Towne Realty, Inc over 3 years ago
Pretty good chance he already has it.  We were discussing the "guns in the office" policy the other day.
Posted by Rich Kruse (Gryphon USA, Ltd.) over 3 years ago
Love Landlord Boy!!!  My kind of guy, nuts the size of grapefruits.
Posted by Jason Sardi, Pretty Fly for an Allentown Guy (None needed;)) over 3 years ago

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