All Forum Posts by: Gregory DeRosso

@Jeff Cantrell

Not sure how it is in your area but $110 seems a bit pricey for internet and TV. I would see what options you have. Today's demands usually need at a minimum 100 Mbps. I tried 50 and once a second device was connected, It was done. TV is TV. Streaming us the way to go. A smart TV with a digital arena antenna should suffice for local stuff. You can always get a Netflix Premium for 14.99 a month. Plus with the advent and implementation of 5G, I have a feeling prices will be dropping soon due to competition.

This is an interesting predicament, and sounds like your sitting on some serious equity. Have you considered doing a refi while you have your w2 (makes it way easier) and lower that mortgage payment and possibly rent / Airbnb it out to cover your expenses. You can always BRRRR any property if you plan on living in it with only 3.5% down.

@Justin Kushner

Just curious about something you said. If your keeping these properties under you, without the llc, how could you go about having a separate business accounts? I have a separate personal checking account and dedicated one of my credit cards just for my property to make expense and income tracking easy, but it's a personal checking... .

@Carlos Mainor

Welcome! You're in the right place.

@Darek J.

Agreeing with Thomas S. You can repaint to a neutral flat tone and they look great. I've personally did a flat gray with a dark stained vinyl wide plank floor and a conventional subway tile backsplash. The floor which was only about 7 cents more per per sqaure foot. And the sanding, priming painting with updated hardware took about a day and less than $100. I went with laminate counters. They're way more durable then they used to be. On top of that, my lease clearly states anything outside of wear and tear, like burn marks / deep gouges etc, it comes out if their security. Plus as a lease signing gift I always them a wide cutting board I bought at Amazon for 7 bucks, and a new heavy duty doormat. I haven't had an issue yet and I've turned the place twice since the update 5 years ago.

@Scott Passman

You can probably frame it out and accommodate a conventional double door. It comes down to cost in the end. A custom door may work but from experience material + labor + time is almost the same price as framing a smaller opening and fitting a prehung. Here's an example of a door I found at lowes just doing a quick search.

https://www.lowes.com/pd/Gatehouse-Gibraltar-Max-Black-Steel-Surface-Mount-Double-Security-Door-Common-72-in-x-81-in-Actual-74-75-in-x-81-75-in/1000078523

@Victoria N Hoffman

If it's trade specific, I go to the local plumbing supply / electrical supply etc... I ask the counter guys if they needed work done who would they recommend. They know who's who. Also, I will stop at a job site that looks appealing and ask for the GC. If they're there, great. If not, within 5 minutes, your gut should tell you how efficient and organized the job is being run. And lastly, network... people know people.

@George V.

Collusion.... had to throw that in. I don't know it works where you are, but get multiple estimates first, and if you can differentiate the business work and bill appropriately you might still be iffy, at least from what I hear l, here in New York. Somewhat like how the cliche goes, know it will look like you used Peter's money to pay Paul.

@Justin Juhan

100% correct. I misread what he said. Shouldn't be on BP while at work... When I see property manager, in my head, I assume a certain set of responsibilities. My mistake.

@Justin Juhan

@Justin Juhan

1. Was it in that condition already when they moved in? If they created the damage, let them know that it's their responsibility and if anyone needs to go repair it, it's on their dime and effort. Hopefully, you have a decent lease mentions these issues.

And

2. Fire that property manager, no tenant should be calling you directly. They're the point of contact. If anything, the PM would have contacted you. Entertain these little petty problems, they will bother you with everything.