All Forum Posts by: Jesse Choe

I have couple roommates that live with me. I understand when tenant signs a lease they have the right to have people over. In this critical time are we as live in landlords allowed to enforce a rule that roommates can't have friends come over and spend the night due to the corona virus and social distancing for your own and other roommates safety?

I would love to get your input about property managers. At first once I thought after I move out of my owner occupied rental I would do everything myself and fill the property myself. After listening to many BP podcasts it seems the majority of investors seem to believe its just not worth it to do it your self and save time. I am starting to ask for some referrals on PM here in the Denver metro area and I wanted ask what your biggest interview questions are for PM's? What is the most important things you want out of PM? Is it  minimal vacancy and detailed tenant screening the most important factor? Or what other questions is really important to ask that most investors don't seem to ask but will tell a lot about the PM?

What are some great questions to ask beside the normal reference, deposits, etx.. that you wouldn't think of to ask potential roommates or tenants that would help you determine if they might be a problem later down the road?

Thanks everyone> I appreciate your input. 

Can you put it on your lease contract or force your tenants to have renters insurance if they are going to be renting your house rental?

Does anyone have experience with Zillow background checks? Do you have any recommendations for better background checks options? 

Thanks everyone. 

I just bought my first house in Aurora, Colorado after saving some money and moving back 2 years ago to my hometown after living in Los Angeles, East Texas, Houston, and Connecticut. Then I learned about the BP podcast and books after purchasing house. I just finished Brandon Turner's "Rental Property Investing" book and just started Scott Trench's "Set For Life" and listened to over 100 hours of podcasts. I work two job now and possibly looking to take a 3rd part time job. To keep making money and saving money. So i Just got a roommate to offset half my mortgage. I only have 5k in equity so far and planning my next property purchase hopefully by end of year. 

What did you guys do after your first purchase? Also, I am saving all the rental money from roommate's rent and putting into savings account. Would you rather spend that money on next house purchase or save that for a emergency and maintenance fund? I was thinking about pulling money from my 401k to purchase for my next purchase. What are your thoughts.

I'm new to the game and looking to learn.