All Forum Posts by: Lorien Rollins

Depending on your state laws, when you purchase the property the lease agreements (assuming they are in date) are valid. If you haven't already, I advise combing through the agreement. If it clearly states no smoking in or around the premises, then you can fine them (depending on your state restrictions, maybe even per diem), this may incentivize them to quit or place their notice to vacate or you can offer them a non-renewal when the time comes. If there is no active lease agreement, and again depending on state regulations, send them a notice to vacate.

I do not ever permit smoking in my rentals, it is one of the most costly and time consuming tenant habit to mitigate.

Feel free to connect - hope all goes well!

Highly desirable and booming area, within 25 miles of Charlotte, NC. Surrounded by major employers and retail, this garden-style apartment community is Class A, with luxury finishes and comprised of 36 units, consisting of one- and two-bedroom floor plans. Proximate to I-485 and I-177, residents benefit from convenient access to 100,000+ jobs.

Pricing assumption 10M.

Email for more information, images / OM ([email protected]).

Oceanfront 40 unit luxury condominium complex on the north end of Carolina Beach. The redesign includes adding 4 new penthouse units on the 5th floor with incredible 360-degree views of the Atlantic Ocean and the Intracoastal Waterway. The remaining 36 units consist of 24 2bed/2bath and 12 3bed/2bath units each with their own ocean view balconies. All units are being completely remodeled with all new floor plans, electric, plumbing, HVAC, insulation, sheetrock, trim, cabinetry, fire suppression, paint, tile, flooring, and appliances. Completion of renovations on track for July 2024.

Please email (via BP) or [email protected] for additional information / OM.

 Thank you! I have requested a quote from my realtor on their fee. I think I may go that route.

 It's fair for the market (and the area) I lowered again last week, I'll revisit in a few weeks if the traffic doesn't pick up :)

Quote from @Lucas Thomas:

Quote from @Lorien Rollins:

I am looking for new ways to market my SFH rental in Denver NC. I'd like to stay away from bandit signage. Does anyone have any helpful hints? I have it listed on 5 websites (free) with tracking numbers (that sometimes ring through to my phone). Fence was installed in December. TYIA!

Well, Bandit signs work great! If you feel like the neighborhood is too sketch for them, put an extra car in the driveway so people think its occupied. Or have a radio with a talk show on in the kitchen. Put up blinds or curtains in every window.

Otherwise, it's the usual suspects:

Craigslist, Facebook Marketplace, pay for Zillow listings ($35 but it works), Apartments.com, etc.

The only other way to get it even further out there is to have it listed with a real estate agent which is what I normally do.

L. Thomas

 The neighborhood is great and I've decided to place bandit signs next week - hopefully they'll help! The home is currently occupied, I'm attempting to backfill and have little vacancy once they move out. Those are great ideas and suggestions for a vacant home though!! Do people still use craigslist? I didn't realize! I'll post more on FB too, I joined a few new groups. Thank you!!

Perhaps my favorite agent @Brian Howse can assist?

 Thanks, Glen! I have it on Zillow but I have only gotten two interests.

 Thank you Alecia, I will reach out to my Realtor and ask if we can go that route!

My vote would be to keep the home as rental but I will tag my favorite LO @Wyatt Wolff for extra insight.