All Forum Posts by: Brandon P.

Take a look at roommies.com This is what I used last year to fill both of our house hack rooms. Tenants still in place today.

Yes, be strict in screening, but if you have too much upfront (you and I both know) that everyone will just skip the process and move onto the next place.

I do a month to month lease here, and have this since the beginning last year. We have two rooms rented and still both people in place 11 months later. This gives me flexibility for myself or them to not like the place and move on. Maybe open it up to month to month from the beginning.

Best!

Brandon

Hello Sir,

House hacking is a great way to start off!  I currently do this with wife in Florida and it has been the best entry point into owning real estate. From there your mindset only grows into "How can I get the next deal.. or...can I put an ADU in the backyard for more cash flow." Growth mindset! :)

Best,

Brandon

Hello Jacob,

First off you said you are apart of a local house hacking group in Denver, did you bring any of these questions up to them, if not that would be a good idea.

What faults "on my end" did you learn and fix? 

Your property seems to be pretty good for house hacking in print. How are the photos and how are the prices?

1. Our property has always had a lot of turn out.

2. We used roomies to get our current tenants. (Also am signed up for furnished finder - we get leads all of the time - but have not any availability in our place to take them in).

3. What is your policy for month to month - do you require a certain amount of days that the tenant has to notify you before they leave? We have a 30 day minimum notification that they must abide by.

4. It depends on the quality of applications that come in.

5. I don't have experience with the others. But using turbo tenant (Coronado based) as my management software, there is a feature that allows you to advertise on most websites from the home portal.

6.Again no experience with this one.

Best,

Brandon

@Jami Vincent did you post this question yesterday? Turbo Tenant.

Best,

Brandon

Quote from @Elvis Nasi:

For all my rentals that I am responsible for the utilities (especially gas), I am looking for a reasonably priced thermostat (heat only) that has an option to  cap the maximum temperature the tenant can set. They tend to abuse a lot in the winter and gas prices are up 40%+. There is some options here but the temperature does not seem to be adjustable (https://www.landlordthermostat...). I do not want to use the plastic boxes with keys as they are easy to break into. Thank you for any recommendations.  

I use an Emerson Sensi thermostat, it has a password feature that locks the screen on the unit and allows only you to change the temperature. Also it has the ability of letting you set a maximum temperature. 

I have used Turbo Tenant for the past year and have had no problems whatsoever. Go for it! 

People are investing everyone, you just need to find a place and commit to it in order to become successful.

Listen to a few podcasts, read a few posts, and get to work! :) 

Great place!