All Forum Posts by: Sarah Buchanan

Just a quick reminder that our next meeting is this Saturday at 9am at 4913 Graystone Ave.

Ryan came up with a great idea for the group and will explain it at the group.  Looking forward to seeing you there!

Welcome Dan!  I am a PA as well here in Sioux Falls investing in Real Estate.  Sounds like an exciting time in your life - starting a family, purchasing your first property, etc!  Good luck with your first purchase!

@Andrew Kerr great idea, thank you!

I own and self manage (out of state) a luxury townhouse in a high end neighborhood (A-). I know the owner of the adjoining unit, who has a property manager and lives out of the country. My current tenant (wonderful, ideal tenant!) has recently informed me that the neighbors with whom they share a wall are 1) drumming often and during late hours (they do have a drum set but say they have "dampers" on the drums and 2) the couple is constantly fighting very loudly - shouts which are heard through the wall, and fights are often outside in the front yard as well. Domestic disputes are not expected in this neighborhood - there is an HOA with tight restrictions and generally high caliber tenants. My question is: Do I contact the owner or property manager regarding these issues? As a landlord, I would certainly want to know if I had unruly tenants in place and would be disappointed my PM had not screened them better. Which is why I think contacting the owner may be preferable. On the other hand, since they have hired a PM, maybe they would wish for all communication to go directly through PM?

One thing I have learned is to hold open houses rather than private showings.  Private showings are just too much work - especially if you have a tenant!!  Now, I advertise starting on a Monday to collect interest, with the ad stating that an open house will be held on Sat from 10-12.  This is SO much less work, and you don't risk showing the home to someone creepy alone.  :)

@Kelly Byrd wonderful, thanks for the info!

@Kaleb Carsten do you have location details? Many thanks!

@Kelly Byrd, congrats on acquiring a MF as a new investor! I am impressed! I am here in SF and would be happy to help connect you with people and/or partner with you on deals in the future if interested.  I, too, am a beginner (1 flip done, 1 flip in process, 1 rental and getting ready to purchase my first MF)

• I have just moved here to Sioux Falls and am preparing to purchase my first rental here.  (I have other properties elsewhere).  Are the meetings on the 3rd Sat of every month still occurring?  I would love to be involved.  

Thanks, and my apologies for wasting your time.  I appreciate people helping a newbie like myself. ;)

This may seem like a small thing, but I'm curious what most people do.  Do you leave plungers in your rental units?