All Forum Posts by: Colby Williams

Investment Info:

Single-family residence buy & hold investment in Sandy.

Purchase price: $152,000
Cash invested: $10,000

3 bed 2 bath condo in growing area of Sandy Utah.

How did you add value to the deal?

We replaced the old carpet of the living room and hallway with LVP, repainted the entire condo, added modern ceiling fans and new blinds.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

M&M Properties LLC is our property management company and has so far done an outstanding jab for us and our tenant!

Thanks for the help guys! I was able to find a Microsoft Word invoice template at (https://templates.office.com/en-us/Invoices) that was easily tailored to my needs. I didn't realize Microsoft had so many free downloadable templates online. That's good to know. I also bounced it off the local UT laws that I found here (https://le.utah.gov/xcode/Title57/57.html) to make sure I wasn't leaving anything out. I'm going to start using a property manager for this unit from here on out, so I'm hoping I will be able to learn from simply seeing what forms they routinely use for different situations.

Hey guys, my first tenant is finally leaving and we have already completed the final inspection with them. They left the home in great condition with only a couple minor repairs. What document or form template do you use when you send your tenant a bill or a final statement/summary of charges? Just an email doesn't seem very professional, but I haven't had any luck finding a template online or in the BP FilePlace. Thanks!