All Forum Posts by: Andrew S.

Short gamestop and hold for 1 year so you don't have to pay short term capital gains. Happy Monday

Under the sink - get sheet vinyl from HD, Lowe's or a small chunk from your local Habitat for Humanity ReStore.  

Another option could be, if you are caught up on all rent and fees for 12 months we can look at upgrading your cabinets. Sounds like it might be a version of cash for keys situation. Probably won't ever improve to be a quality tenant.

Hey Welcome to BP. We have a crew in Helena that does a monthly meetup as well.  Feel free to reach out if you're ever in our area. 

Starting with a 4 unit is reasonable. Keep existing tenants, renovate as they move, bump up rents to fair market price after fixed up. 

Morning everyone,

I have a tenant that is interested in moving from a 1 bedroom unit I have to a remodeled 2 bedroom unit I have available. So far they have been a great tenant.  I think the 2 bedroom unit is easier to rent (more space) so I'd rather have the 2 bedroom unit vacant than the 1 bedroom.  The 2 bed unit has been listed for 4 days with a decent amount of interest.  

How would you handle moving the tenant over to the 2 bedroom unit with start / end dates of the lease. They're currently on a month-month. They have fully paid for January rent.  

One option - 

2 bedroom rent $700 - pro-rate them for when they move in

1 bedroom rent $600 (paid) -

option 1. let's say they move out by Jan 15th - credit them $300 towards the 2 bed unit

option 2. would it be reasonable to keep their rent through Jan 30th or something?  I'm trying to not lose a full month's rent with the transfer from unit to unit if that makes sense.  Curious how other's have handled this situation.

The young kids nickname is "thunder".  It's a loud energetic kid that runs in circles. 

Hey BP,

I have an available upstairs unit with an interested person with a very energetic 5 year old kid.  How have you handled it with the high possibility of someone loud being in an upstairs unit?  If it were a downstairs unit, I think it would be less noticeable.  What provisions have you put in place, warning the downstairs tenant, etc? 

I am aware of the fair housing laws preventing discrimination against someone with children. But I want to maintain a enjoyable living space for all the neighbors.  

Thanks,

Andrew

I self manage so I'm around my apartment complex doing minor maint, vacuum the lobby, cut the grass a few times during the summer. I try to be there doing "something" about once a month or so. 

I understand the lack of appeal in this work, but it allows me time to catch up with the tenants. I probably get half a dozen or less minor maintenance requests in passing over a year.  Add silicone to this, put down some ant traps, minor stuff.  My intention, I hope, is that it shows the tenants that I care about the property.

I think if you provide a presence showing hat you care about the property condition, they will treat it better. If you rarely inspect the properties, I think it's a fair assumption that you don't care much about the condition (from the eye of the tenant).