A Week in the Life ...

[Jennifer Donley]

I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here.  So I thought I'd start one to give a little potpourri of what I experienced in the last week in my rental portfolio of 31 doors.  Feel free to add your own!

In a week's time, I had:

• 2 great Section 8 tenants renew leases and choose a 2 year lease 
• A house with significant smoke damage from smoldering incense sitting too close to a fake plant (tenant thought she fully extinguished it before leaving but obviously didn't)
• 2 tenants notify us they'll be late on rent this month 
• 1 tenant with a trampoline not responding to our request to remove it 
• A Section 8 property approved for a $50 a month increase at lease renewal 
• A Section 8 bi-annual inspection passed 
• A newly discovered foundation crack at a property I bought 2 years
• I'm a hardcore process & systems person, so we'll handle everything through our processes and keep moving forward.  But if you're just getting started and only seeing the wins & successes - do not be fooled! The key (for me at least) is to know it's all part of the deal and none of it is worth losing sleep over.
  
  Tell me - how was your REI week?