All Forum Posts by: Federico L.

I wouldn't make it too difficult at the beginning.

Software: A simple Excel spreadsheet will do.  You can set it up to parallel the Schedule E categories: https://www.irs.gov/pub/irs-pdf/f1040se.pdf

Payments: Encourage tenants to do electronic payments (mobile payments). Nowadays all US banks offer free payments to emails or phones. You can set it up to get alerts when payments arrive.

Once you have more units, it will be worth exploring other options...

Thanks @Tendai Soley I will keep in touch.

@Kraig Kujawa are you interested in meeting?

I'm also a member at the CFRI REI group here, in case you're coming to the next meeting.

Great thanks @Kurt Jones, @Daniel Duque and @Pat G. for chiming in. I have started working with a local broker, so far in slow motion. I'll be happy to meet for coffee or beer (depending on the hour). Email me to arrange. Hopefully more people can join in. 

Hi BP members,

I'm a local real estate investor in Orlando, FL and I'm interested in multifamily properties, either small/medium apartments, or other types of combinations. Although I've read a lot on the subject, I'm new to commercial type of investment.

I'd like to connect with other folks interested in this, including local or out of state investors, property managers, or other experienced investors that would like to partner up with somebody local here.

Please reply here, PM me/email me.

- Federico

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Multi-family units, MF, apartments, Orlando, Kissimmee, Goldenrod, Semoran, Baldwin Park, Downtown, Property Management, Central Florida.

fridge is required down here. @Chris Martin I see your point. Gasket is $60 plus time and no guarantee it will fix the issue (what if the hinge is messed up?). Repair store down the street will charge no less than $150. @Account Closed and most say change.  Home Depot has same fridge new at $470 w/free delivery. Checked mine and it's from 2003, so I think I'll replace. White, no ice/water. 

Thanks for the opinions gals and pals 

Thank you all for the insightful replies. That's why  I didn't wanted to take things for granted!

Thanks @Craig Jackson I thought that it was something tenants would look up to. Shiny silver or sticking with white?

BTW I'm reading other threads about headaches with icemakers, filters, and water leakage problems

The house had an old fridge in great working condition. The small kitchen had white Frigidaire appliances, and I had cabinets painted and cosmetic upgrades but did not replaced the appliances at the time. The fridge is a very plain 18 cubic feet one, no ice, no water dispenser. We reversed the door, since was opening at the wall instead of at the kitchen area. Now, the door seam is not properly closing, creating a bad seal, likely because it had 'set' with the prior configuration.

Sounds to me that the most reasonably thing will be to replace a fridge with a newer one, with ice/water dispenser at least.

Should I repair the seam or having the door reinstalled?

Should I change to Stainless Steel (in anticipation of future dishwasher/range issues)?

Sounds to me that the repair cost would not justify deferring a new fridge, but I will find actual $ tomorrow...