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All Forum Posts by: Sara Hodge

Sara Hodge has started 6 posts and replied 41 times.

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
Originally posted by @Sam Leon:

I wouldn't worry about it.

The only way to "prevent" termites is during original construction, use metal studs, apply a layer of termite barrier before the slab pour etc...

If he is recommending an annual treatment, then it must be subterranean termites he is referring to.  This is typically done by creating a shallow trench around the perimeter of your structure and apply a liquid termicide (like Termidor).  This assumes the termites' nest is somewhere in the exterior, and it must be crossing the perimeter to get inside for the wood.

You could also have drywood termites which is a totally different animal.  Drywood termites eat the wood much slower and it's either spot treated (if the spot can be identified) or tented.

I would wait until there is evidence of termites before acting.

Thank youuuu! Very well thought out and said! 

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
Originally posted by @Thomas B.:

If you don't mind whats the address? I have properties in one neighborhood in SE Memphis and every house has had termites at one point or another. The house is not near water and every house has one or two small trees.

 Thanks just sent you a DM

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
Originally posted by @Stephen Akindona:

Termite treatment is not necessary in Memphis. We do have them but they are not so commonplace that it would justify the expense. I think you should bank the cash flow.

 Your feedback and professional insight is much appreciated! @David Hodge helpful comment from Stephen. ^^

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
Originally posted by @Douglas Skipworth:

Sara,

Personally, I do not get termite treatments on my rental properties nor do the majority of the investors we manage for.

That said, if I owned only one house, I would be much more inclined to do everything I could to protect that specific asset.

Across a diverse portfolio of properties, the law of large numbers kicks in and you don't have to worry so much about one off events.  And, termite troubles in Memphis seem to be a rare occurrence, from everything I can tell.

Hope that helps.

 Really helpful feedback! Thank you!!!

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
 @Account Closed:

 Thank you!!! I will look into the traits you mentioned; good thought. 

I agree - housing should be SAFE for all tenants!!

Post: MEMPHIS Investors Pls Help: Termite Treatments on Rental Y/N???

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9

Memphis Investors - do you (or do you not) get annual termite treatments on your rental properties? We are currently buying a home in Memphis (so excited about it), and it just passed wood inspection with flying colors. BUT the guy said we 'FOR SURE' need treatment annually to prevent termites. He said it's very common in that area.

Prices were reasonable for services offered, but still - as an investor don't want to lose that cash flow! Thank you in advance for helping a newbie!

$575 first time

$175 annually after that

Post: Seeking Birmingham, Alabama Turnkey Advice. (Investors Only)

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9
Originally posted by @Account Closed:
Sara Hodge David Hodge

Great to see you guys active in BP . Keep it up!

 Thanks Joey! I'm just TRYING to live up to your mantra: PAY IT FORWARD. 

Post: Seeking Birmingham, Alabama Turnkey Advice. (Investors Only)

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9

@Paul Burke just sent you a message 

Post: Seeking Birmingham, Alabama Turnkey Advice. (Investors Only)

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9

@Paul Burke hi Paul! My husband David or I will email you tomorrow with the company/(ies) we are using. So far, so good! Thanks for touching base!! 

Post: Seeking Birmingham, Alabama Turnkey Advice. (Investors Only)

Sara HodgePosted
  • Pro Competitive Dance Coach
  • Denver, CO
  • Posts 42
  • Votes 9

@David Nadelstumph - @David Hodge just left for work, but we already have a couple people or companies we can tell you about! (we've already had good and bad experiences, and are waiting to close on our first property). Just wanted to let you know he will definitely write you back today, but if you don't hear back for a few hours it's because he's in the office. Glad you're considering out of state! We can help each other along the way... New investors have to stick together!