Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kevin Izquierdo

Kevin Izquierdo has started 51 posts and replied 146 times.

Post: Tenant proofing a rental

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27
Originally posted by @Account Closed:

I am a huge fan of tile in the bathrooms and the kitchen. It is an upgrade from the vinyl and if installed correctly it can last for a long time. Porcelain tile gives you the best bang for your buck as far as tile selection goes. You have high strength and costs around $2-4/sq.ft.

Another thing that I have started putting in my rentals is concrete for the countertops. If you are fairly handy you can make a concrete countertop yourself. They are not super expensive and have handled well against abusive tenants.

Good Luck with your project.

 Ive seen those concrete counter tops youre talking about and I love them! Im curious to know how the tenants respond to them though. Since its in the kitchen, do you have to seal it? Can you tell me more about your experience with this?

Post: Ideas Wanted!!!!!

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27

Congrats on your first purchase! I would recommend some private or portfolio lenders. Make sure to have a strong deal on your hands though

Post: Here's what NOT to do when submitting an offer....

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27
Originally posted by @Joe Villeneuve:

"The things that come to those who wait, are the things that are left behind, by those that got there first"......Me (my epitaph, and tagline on my emails)

 Im in love with this.

Post: Google Voice

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27

very interesting. I wanted to get feedback on it before i signed up for it :)

Post: Should I fix the ceiling fan?

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27
Originally posted by @Franklin Romine:

@Phung N.

This is just the beginning.  I would show up and fix the fan.  

I try to smoke out the high maintenance tenants during the screening process.  Every once in awhile one will get through the fence.  

Frank

 Thats interesting. Im curious as to how you screen for high maintenance. Do you ask specific questions or are you good at reading people?

Originally posted by @Tom T.:

Agreed on depends on the market and clientele you are serving.
I serve middle, low income families so I supply Refrigerator, Dishwasher and a Stove / Oven (not a microwave)  Quarterly Pest Control and Garbage Collection.

I offer as an add on of a washer and dryer for X$per month. - Maybe I add to the lease, "Complete 12 months with no late payments and the washer dryer become yours at lease renewal."  Thus rental price goes down in year two but so does the responsibility on my end.   I purchase the units used from a local used appliance dealer.  I think this is a win win scenario and keeps a good client (no late payments) in my property for the second year since their rent just got a tad cheaper. 

Wow, i love that lease addendum, "12 months no late payments and the W/D is yours." I assume you ultimately get more than what you paid for the machine, correct? 
Curious: when the tenants move out, how do they take the machine? I imagine thats brutal on the floors, walls, door, etc., no?
Id love to hear more about this :)

I think everyone already answered this pretty well. If I may add my 2 cents, I think you should offer the fridge, washer and dryer. They will be strong points when youre showing the house to potential tenants and you can increase the rent (if it makes sense in your market to raise rent for new appliances). 

I always say, "make it easier for the tenants." If they dont have to pay to have their appliances moved, I think thats a plus! 

AND youre the one installing the fridge, washer and dryer so you know youre installing them correctly as opposed to hoping the tenants would install them correctly (im talking about the ice maker and the water lines for the washer).

If you decide on going with this option, I recommend what Johnny Youssef said in podcast 147: Stainless Steel Appliances! Listen to it and he'll explain ;)
Best of luck to you!

Post: Good Credit, Not much Work experience

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27

I had an issue where my income wouldnt be enough for me to the high loan I wanted, so I looked into getting a co signer. In your situation, I believe a co - signer can fill in the gaps for you to get a loan to get you started. 

best of luck to you!

Post: Google Voice

Kevin IzquierdoPosted
  • Hillside, NJ
  • Posts 148
  • Votes 27

I heard on a podcast (cant remember which one) that Google Voice is a good service to automate calls and such.

  • Has anyone had any issues with Google Voice?
  • What is another great service that resembles the services Google Voice provides?

This is a tricky situation depending on how you look at it. 

  • True: whats done is done, and if it makes them happy and stay for longer then what the hell, right?
  • One the other side, be very careful in "letting things slide" because this can cause the tenant to feel like they're in control and will do what they want. like they can get away with the things they want.

When I was a handyman, the landlord did not let tenants paint their units for a number of reasons. 

tenants would pick the most ridiculous colors\ color schemes\ finishes. For example: Semi gloss beige walls with a jet black OIL based paint for the trim. And guess who had to rip off the trim, install new ones, and paint?

Make sure to be firm in your decisions.

Best of luck to ya!