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All Forum Posts by: Sara N.

Sara N. has started 5 posts and replied 58 times.

Post: online services for tenant applicants screening fee?

Sara N.Posted
  • Investor
  • Washington, DC
  • Posts 60
  • Votes 26

If your market's younger professionals, it seems they are all already using this site to pay their friends etc. So adding you to their list is a matter of just sending them your link/profile or they can even do a search for you if you're already on it. 

https://venmo.com/

Meghan--I agree w/what Austin and others had to say. My husband and I did the same as you--bought a row house surrounded by several new highrises going up in the particular neighborhood of DC very close to the subway and tons of new restaurants & grocery stores going up. If it's located in a hot neighborhood, it shouldn't be hard at all to attract a large pool of potential tenants. As long as you price it right (even a little lower than what others around you are charging), show/maintain the property well, you will get lots of responses. Not everyone wants to live in a highrise (as you have a yard and likely bigger size) or rent from a property mgmt. co. Good luck!

Hi all--thanks for all the great suggestions, especially to not confront him as to why, let him re-apply if he really wanted to (but by then he'd be out of the place and living somewhere else permanently). He's on a month to month lease and we're planning to renovate soon because there's a probability we'll be moving out of state later next yr for work, so we want to get the studio updated before we oversee this property remotely. 

THANKS again for all your input! : ) 

Hi landlords! So we have a great tenant who's been living in the studio we rent out for almost 2 yrs now. He's great, pays his bills on time except he's so dirty and messy and has a cat who's litter box he doesn't seem to clean out often enough. We're planning to renovate the studio this fall--a reason to get this project going w/new bathroom, new kitchen, new floor, opened floor plan, new paint, etc. and will notify him to move out & need to terminate his lease. He may ask if he can move back in once the place is renovated (we expect the renovation should be done in 2-3 wks). How do we tell him we DON'T want him back because he's too dirty? We want someone cleaner, especially since the place will be renovated. We may put out an ad looking for a new tenant even though the place wouldn't be renovated yet so he'll surely see the ad on Craig's list, etc. How do we kindly tell him we're terminating his lease and that we don't want him back? What reason do we give him for not wanting him back? Will the truth be too painful? 

Post: 25 Best Personal Finance Books for Your Summer Reading List

Sara N.Posted
  • Investor
  • Washington, DC
  • Posts 60
  • Votes 26

Hi everyone---This is a great list of books to getting you on the right track to financial independence. On the top of the list is Rich Dad, Poor Dad which I breezed through in a few days--borrowed c/o DC public library. Enjoy!

http://www.huffingtonpost.com/gobankingrates/25-be...

Post: 25 Best Personal Finance Books for Your Summer Reading List

Sara N.Posted
  • Investor
  • Washington, DC
  • Posts 60
  • Votes 26

Hi everyone, 

This is a great list of books to getting you on the right track to financial independence. On the top of the list is Rich Dad, Poor Dad which I breezed through in a few days--borrowed c/o DC public library. Enjoy!

http://www.huffingtonpost.com/gobankingrates/25-be...


Post: Short Term Leases

Sara N.Posted
  • Investor
  • Washington, DC
  • Posts 60
  • Votes 26

Hi--have you thought about listing it on short term rental site such as AirBnB? Great site and it's insured so you're property will be protected. Good luck. 

Post: The END of the Suburbs?

Sara N.Posted
  • Investor
  • Washington, DC
  • Posts 60
  • Votes 26

Here in DC, yes, it's the same trend. Young working people want to work and live in the city and even young families are opting to raise their babies here in DC. Since I've moved here 7 yrs ago, the city's offering more nightlife, unique restaurants, etc. With high rent prices, yes, it's harder for poorer families to stay in the city; many end up fleeing to MD/PG county. The city is working w/developers to create subsidized housing, but I think it's not enough.