All Forum Posts by: Robert Lee

Thank you everyone! seems like it can be done, but may not be worth the headache.  will consult with legal!

Thanks again!

Hey there guys,

Hate seeing good money sitting and doing nothing, granted that is the purpose of a 'deposit'.  Are we allowed to invest tenants security deposits? We have enough liquid cash personally to cover any losses.

Thanks in advanced!

I really like the idea of wall units.  Space heaters indeed do make me very nervous. i will look into wall units! Thank you so much guys!

Hi Michael, the heating unit was not working when they moved in.  Not sure if we are obligated to fix it.

Thank you for your response!

Hi Guys,

Property is in Los Angeles, CA

The old floor heater has broken in a unit I manage and I was wondering if I could supply the tenants with space heaters for their unit. We are a bit reluctant, but not unwilling, to change out the old floor unit for a double wall unit because, it just does not get that cold in Los Angeles.  

 I'm not even 100% sure if we are legally obligated to fix the heater as it never gets so cold that the house becomes inhabitable.

Any help is appreciated,

Thanks

Thank you everyone! I understand its a bit crazy what we are looking to do and we appreciate all the great feedback!

To be honest, it would be a family member living/managing as we are not local to the area! :)

Thanks

Hey Guys,

Looking to buy a quadplex in Los Angeles, and was wondering what the average rate if discount is for an on-site manager.  They would be in charge of everything from figuring out maintenance issues to finding new tenants.

Thanks!