All Forum Posts by: Erin Cassidy

They have no intention of moving. I chose the month-to-month option so it would allow me wiggle room to raise the rent as well as make it easier if I decide to sell my house. This home was my primary and is now a rental with minimal cash flow. Since I pretty much break even on this property I have a hard time putting unnecessary money into it but I also want to keep long-term tenants happy. I would not do carpet, it would be laminate. Wavering on selling or holding makes it that much more tricky. So my thought process was to offer the option of putting in laminate with an increase in rent? Otherwise, leaving things as is.

Hi, 

I have a rental property that the tenants have been in for 12 months. They recently signed a new month-to-month lease. I chose the month-to-month option because I am considering selling the house maybe in the next 2 years. They intend to stay as long as possible. When they moved in the carpet had some staining but I chose not to replace it because they have 2 bull mastiffs. During the lease signing requesting new carpet. They say that it is embarrassing and that it had stains to begin with. Since they moved in, the carpet has gotten excessively stained so when they move I will have to replace it with either carpet or laminate. My question: do I grant their wishes and tear out the carpet? Do I state there will be a rent increase if I do so? I don't want the added expense but I want to keep them happy. I would probably opt with laminate because I know the carpet would take a beating with them living there. What do I do? 

Hi Kevin, I have lived in the Sacramento area for the last 11 years. I just moved to the Bay Area last week. I'll be living in Walnut Creek and going to school in Oakland so I'll have to look for groups in that hub. Sac had 2 groups that were great NorCalReia and Wealth Builders, so hopefully I can find another good group close to me!

Thanks Derek! I try to listen to the podcast as much I can...love them!

Hi!!

I currently live in Northern California. I am still pretty new to the industry so I'd love to network to gain more knowledge and experience!

 I have a rental in the Sacramento, CA. I recently partnered with my brother for more real estate investing. We are currently looking for single-family and multi-units in California and in the Suburbs of Chicago.  We are open to exploring more out-of-state opportunities as well as opportunities in my own backyard.

Hi Jason, yes, signed docs on a property on Bruce Road last week. Any local referrals, agents, investors, PM, etc. that you have would be great! You can never network too much! 

Where are you looking for rentals? Any deals in the works? Northern California is way too pricey for me, but the subs of Chicago make investing doable! 

Hi! My name is Erin. My brother and I are in the process of buying a rental in Lockport and hopefully, securing a 2-flat in Joliet too. Any recommendations for property management? I live in Northern California. My brother lives in the south suburbs of Chicago. He can oversee everything but it would be great to lockdown a good property management company.

Thanks!