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All Forum Posts by: Kelly Mae

Kelly Mae has started 2 posts and replied 7 times.

Hi Alexander, congratulations! I am also from the area, interested in venturing out into the multi-families. May I ask if the deal is from the local area or elsewhere? It seems there are not many multi-families in the area to begin with, and the purchase price of 120K seems almost impossible. 

Thank you!
Originally posted by @Daniella Lamis:

@Kelly Mae We found a hardly used fridge on FB Marketplace for $500. I would spend the $ for a good used one! 

That is a great idea to toss in the terms for the appliance care. Thanks for the advice!

Originally posted by @Chad McMahan:

Totally agree- Yes fridge & oven. W/D no, as that way you don't have to deal with the headaches that come with W/D maintenance. LOTS of W/D issue posts here on BP. Nightmares that can be 100% avoided. You may also want to toss in your lease agreements that tenant is responsible for landscaping and appliance care and maintenance. This also protects you from dying trees, etc, and tenant is responsible for keeping it healthy/nice.

Good luck!

Thank you all for the input! Seems that things have changed and landlords need to provide a fridge at least in this market..Before I go out and purchase one, do you think dropping the price without providing a fridge will attract qualified applications? Currently the property is listed at $ 2050, single family residence with 4 beds, 2.5 baths, about 2000 soft. Have had two applications but the applicants have low credits in 500s so I passed.

Hi, I have a rental in Gilbert that has been sitting on the market for a month. It has been reasonably priced, with new carpet new paints, in an highly desirably area. My PM said there was a lot of showing traffic. However potential tenants were turned off by it not having a fridge/washer/dryer. Also my PM mentioned no pets deterred people from applying too. I used to have the properties rented without fridge/washer/dryer. Just wondering if things have changed and now it is a norm for the landlord to provide these appliances? I am an out of state landlord and my philosophy is not to provide more than what is necessary so I don't have to be responsible for the upkeep. pleas advise. Thanks in advance.

I just bought a rental property. The backyard is all dirt and needs to be hardscaped. The quote I got for concrete and pavers are the same price. Pavers look a lot nicer than concrete but I worry about weeds popping out through the damaged joints down the road and are harder to clean and maintain. Should I go with concrete or pavers? The yard is fairely small. I wanf something that is durable, easy to clean and maintain. Thank you for input.