All Forum Posts by: Tami R.

I feel like fighting for carpet in court is nonsense and usually the tenant wins. 6 years for carpet is a long time in my rental world. Lately I am putting laminated wood or ceramic in all my rentals sometimes I will put carpet in a bedroom but never in living room.... too much damage occurs in the living area

We just purchased some smaller apartments and noticing that. The previous management company had rents like a yo yo. Here's an example.... my 13 door apartment. Some rents are at $500 but tenants have lived there for 10 plus years and they probably need remodeled and they will probably live there another 10 plus years. I am only doing a small increase too 25 maybe. Then the other rents were at 600 which is right.... that's where I will keep them or even go a little higher. Sometimes to me if it's a good tenant not going anywhere in a C neighborhood I'm leaving it especially if I have to do a remodel after they leave. But when they do leave hell yes I'm remodeling it and raising rents

I should have started using Cozy years ago... just started last month when I purchased 86 new doors. I agree down side the 5 days but sometimes it would take me 5 days to do a deposit and go to bank.

Good points. How many of you actually started buying real estate between '08 and '09 for the first time. We got interested in real estate when the market tanked and never looked back. We put more cash into the loans and now we have 200 doors. I do not want another years like 2007 2008 it hurt so many families but that's what got our real estate career started

@Justin Stanfield. Totally disagree regarding GAF. You are getting one opinion from a guy. We have a roofing company installing 600 to 700 roofs a year. We would only install Owens Corning or Malarkey. Depending on the area of the country some areas are big with duration the north half of the area and the south does not use duration they use oakridge No matter what we never go over top of shingles for our clients or for any of our 200 rentals.

@Stacey Paulin lol.... true. Just lessons we learn, sometimes we lose money in our lessons.

The one LLC with online qb, We have a partner so I set it up so he could see it etc.

@Brian McPheeters. We have two accountants and one prefer online and the other desktop version. I think I like the desktop version too, we own a construction company and use the desktop version too.

I buy properties in bulk and run into this a lot. I get the list and we do fix / repairs and or put on a list. We do let them know that rent is still due on the 1st and they argue it we let them know they can take the rent to the court house [our law, they never do they dont have the $] and then we file. I always bring up the facts about holding the money at court house etc and us just purchasing the properties and repairing And we always win. 99.9% they just do not want to pay. Start the eviction process

I have two separate LLC both with around 100 doors. I use QB online and QB 2018... love them both. Just use classes and it works great