All Forum Posts by: Rolando DeLeon

I need to replace the AC and furnace at my rental property, (ranch-style home of 1256 sqft.) I'm wondering what is the current average cost, and seeking recommendations/advice.

Ty 

Where is the best place to purchase rental appliances such as; dishwashers, refrigerators, stoves, and microwaves? I am thinking of upgrading from white to stainless steel.

Thank you.

@Jason Bott yes in Waukesha, WI do you have a contact email/phone number? Ty

Any recommendations for the best affordable Insurance for Landlords (rental properties)

I currently have ASI (American Strategic Insurance) a Progressive company, but I am wondering what others have found to be affordable.  Thank you. 

Does anyone have a list of what can & can not be charged toward the security deposit?

Thank you in advance.

1. What Is The Best Tenant Screening Services for Landlords (credit report/score, background check, eviction report,  income verification, etc.)?  

2. Also, how does it work do I need a membership, or do I pay as you go/use? Is there a cost per person?

3. How much do you charge per rental application/applicant?

Thank you in advance.

My current tenant's lease exp. on May 26, 2023, they are asking for an early release of May 1, 2023. I am wondering if I should begin showing the property ASAP while occupied, or if I should wait until they move out to begin showing the property. I don't feel the current tenants are using the space to its potential/set-up and currently, there is an elderly scent as well. My goal is to ask for top rental market value when I list the property. Thoughts, suggestions, or recommendations?

Also thoughts/exp. on ending leases early?

Thank you in advance.

What platforms/sites do you use to price your rental property? Thank you.

I have a tenant (husband & wife)  that have been with me for 8 yrs. when they first signed the lease they asked for a 5yr lease with a (3 - 5 % ) increase per year when the 5yr lease exp. they resigned a 3 yr lease same with a (3 - 5%) increase per year. That being said, I only increased the rent once during the 8yrs. from $1675 to $1758.75 at 5%. With the recent increase in cost for everything I recently did a market analysis and it showed I should be charging $2000 - $2500 for a single-family home with 3 bed • 2.5 bath • 1756 Sq Ft with a finished basement. The current contract exp. on May 2023.  I am looking for advice/suggestions/recommendations I am thinking of increasing the new rent/lease to $2219.64 which would be a 26% increase.  What are your thoughts/recommendations? Are there any best practices on the max % one should increase rent on a new lease? Thank you in advance.