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All Forum Posts by: Jennifer Streamer

Jennifer Streamer has started 9 posts and replied 76 times.

Post: What about my own home as an investment?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36
Originally posted by @Amy B.:

Thanks @Carlton Kohler, I am trying to make sure I am not just excited about moving or is it a great deal. I always say there is no room for feelings in business, especially real estate! lol

Thanks @Joe Villeneuve Yeah we gotta live somewhere right :-) I am hoping this is a combination of a flip and home. Since you are in Michigan too have you used any hard money lenders? 

 Where is the house located?

Post: DETROIT and MICHIGAN (#1 Defender answers questions)

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36
Originally posted by @Richard Dunlop:

It is a $10,000 house at best with the current tenant being evicted.  

I gave her 7 additional reasons why it is not feasible.

 I'm curious about the additional reasons if you have time to share!

Originally posted by @Bill Bodziak:

It all depends on the finishes... PM me with the address and your email if you would like.... I will do a quick market analysis on it for you.

 Thanks so much for the offer.  I've sent you the address.

Quick update for anyone following this thread.  After great communication last week and a written quote, the sod company won't respond to my calls or emails to schedule a date!  I'll wrap up the thread with some before and after pictures once we get things sorted out.

We posted the rental last night after midnight and have 5 inquiries so far...

Post: Where to search 2-4 units in Michigan?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36

I've had success with Realtor.com.  You can use the filters to select multifamily properties as an option.

Good luck!

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36
Originally posted by @Timothy DeCarlo:
Jennifer, 24 hours is a good turnaround time on a non emergency work order. Dont let your tenants guilt trip you. If you do feel bad about an issue like that, I suggest you hop on craigslist and pick up a cheap portable A/C unit. They are on wheels and all you do is put the vent hose in the window and plug it into any 110v outlet. I picked up a few for $100 each and they came in handy whenever I had an A/C go out on weekends. But dont feel bad about the A/C going down when its 80 out. At Least its not the 95 we have down here in Florida, hell my home A/C is set at 79.

 Good tip about the portable ac!  It was a guilt trip.  I've been outside all day and it's very pleasant.  It's cool now.  Low 70s.  We did offer to loan some fans.  He said no.

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36
Originally posted by @Karen Bickford:

@Jennifer Streamer

I think 24 hours is reasonable. I believe you were just being honest and letting your tenant know about the Sunday option. Don't beat yourself up over it.  If that is your biggest faux pas in being a landlord you're doing great 😊

 Thanks for the encouragement.  I always try to be fair with tenants!  This is the first time anyone has pushed back.  So I started to second guess myself!

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36
Originally posted by @Michael R.:

I run servers in my house - so even at 80 degrees the amount of humidity can cause a problem for me.  I own, but to me this is a case by case.  If a tenant can live without A/C for 24 hours great - do they have fans for the evening?  

if not, maybe it's worth it.  You may have paid the additional fee just to have the A/C repair person come out to tell you that it wouldn't be fixed until Monday.  

I agree that you should not have mentioned the possibility of a Sunday call out.  But you did.  In this case I wouldn't lose too much sleep over it.  

And of course - what does the lease say?  

 What could the lease say to help here?  I wouldn't want to give a specific timeframe, because in a hot spell, it might take a while. Ours broke two years ago when the temps were in the 90s and I couldn't get anyone out for a week.  

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36

Thanks to all.  I feel better about the decision.  Just for clarity, we didn't consider the Sunday option until the tenant requested it.  He told us he had called providers and confirmed that they were available on Sunday.  Since he knew it was possible, we figured we'd give him the option to pay our preferred Hvac provider the surcharge.  

It's been a good run.  I hope this doesn't sour the business relationship moving forward!

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36

we have had a good, but picky, tenant for seven years.  He has a lot of requests and most are reasonable.  The three year old air conditioning went out today (Sunday).  

We got in touch with a repair company.  They said they could be there tomorrow afternoon.  They offered to come this afternoon, but there would be a $55 surcharge for a Sunday visit, plus an extra charge if they had to make a second trip because their parts supplier isn't open Sunday.  This was the lowest surcharge I could find, by far.

We told the tenant the repair person would be out tomorrow.  Since the tenant seemed frantic to fix the air, we said they could call the company out today if they were willing to pay the surcharge themselves.  The tenant had called around himself and knew companies were available.

It was a high of 81 today and is going into the 60's tonight.  So it's not painfully hot. Our air is not on at our house.

The tenant is furious.  Did I make a mistake?    Should I have paid the Sunday fee to keep a good tenant happy?

Post: Is 24 hours unreasonable to repair an AC?

Jennifer StreamerPosted
  • Investor
  • Royal Oak, MI
  • Posts 78
  • Votes 36

we have had a good, but picky, tenant for seven years.  He has a lot of requests and most are reasonable.  The three year old air conditioning went out today (Sunday).  

We got in touch with a repair company.  They said they could be there tomorrow afternoon.  They offered to come this afternoon, but there would be a $55 surcharge for a Sunday visit, plus an extra charge if they had to make a second trip because their parts supplier isn't open Sunday.  This was the lowest surcharge I could find, by far.

We told the tenant the repair person would be out tomorrow.  Since the tenant seemed frantic to fix the air, we said they could call the company out today if they were willing to pay the surcharge themselves.  The tenant had called around himself and knew companies were available.

It was a high of 81 today and is going into the 60's tonight.  So it's not painfully hot. Our air is not on at our house.

The tenant is furious.  Did I make a mistake?    Should I have paid the Sunday fee to keep a good tenant happy?