All Forum Posts by: Michael King

Let 'em go. Why force them to stay miserable? I wouldn't hold them to the flame. 

@Jody Sperling same here, all mine in my own name. 

You are looking for a full time employee to service one unit? How much do you plan on paying? I may apply for the job.

Lots of good answers. FWIW, I'm a licensed electrician in Australia, but that means nothing in the USA. I had to replace a dryer outlet for a tenant in Missouri, and at the last minute realized that my liability on the outlet far outweighed the $80 I ended up paying a guy to do it. Something to consider with respect to their 'professional that can't provide a receipt'. I call a lie on that.

I am curious where they get their stats from. It's very hard to trust any 'news' source any more. 

I was certainly considering flogging off a couple of places, and I am still contemplating selling at least one of them. I did have a very attractive contract on my 4 plex, but I backed out because I didn't want to lose the income stream. Then what when I sell? I have to buy in the same hot market via 1031 exchange, or cash out and give a huge chunk to India for gender studies...I mean the IRS. 

Guaranteed you will not get anything you don't ask for. Expect 'no', hope for 'yes.'

Alternatively you could pay it yourself and build an extra rental amount into the monthly rate to cover it. 

 Good point. Seems he left his warehouse there. I smell a rat on $10K worth of tools, and the fact he wants you to claim it. 

Something fishy, and it's not the ocean.

I would go to Italy. Find one of those towns that offer places for 1 euro. 

I've had many granite countertops and never had an issue with them. I have also never sealed them. I just put granite in 3 apartments; the tenants love them. The granite was cheap - around $300 for an 8' x 25" slab, which I cut and finished myself. Hard, heavy and dusty. But gorgeous and worth the effort.

I recently put quartz in my home. It had a scratch and a chip the day it was installed. It is beautiful, but not sure if I'll go that route again.

For a rental, I'd go granite. Sealing, if you do it, is a 6 month affair. Spray and wipe, done.