All Forum Posts by: David Spurlock

Hey @Karen Seguin

I would double down on what Even Polaski said. Send a letter giving them your/pm's contact and a detailed explanation on how to pay the rent (Helpful with older residents if you are going from check to online billing. You could even offer to help set them up on automatic payments). 

It can be good to let them know that the terms and conditions of their lease are not being changed. In my experience, tenants on a lease often have a unwarranted worry that their lease will be canceled when the building sells.

Hey @Jay Hinrichs,

This interests me quite a bit. Is the neighborhood grade in Jackson the same Portland? Do you require a 700 credit score for you Jackson properties? If not, do you think the different screening processes for each state is what causes a difference in the types of tenants you're getting?

Hey @Gregory Schwartz,

Are your tenants required to give you a 4 month heads up? 

Hey @Jose'Luis De La Torre!

Welcome to Bigger Pockets! I noticed you are interested in house hacking. I have just started my first house hack year

Hey @Beck DeYoung,

I am unfamiliar with the Philadelphia market, but it sounds difficult to get into. This property you are looking at is either a bad deal or is standard. If it's standard and cash is the issue, I would recommend partnering with someone who is already investing in Philadelphia. You can bring them value by having such a low down payment and doing the property management yourself. 

@Dave Kush

It seems there is a lot of opinions on this. Below is your state's statutes regarding smoking. Give it a read (Or put it through ChatGPT and have it summarize it) and let me know if it helped!

(410 ILCS 82/) Smoke Free Illinois Act. https://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=2893&a...

Here is one that has been noted by tenants the most @Willis Yoder. Still relatively simple

Hey @Cheryl Spangler,

What problem did you run into with the mini-splits? Also, what did you end up selling it for?

Relating to renting, when renters compliment a unit they almost always mention the kitchen. A beautiful spacious kitchen can make or break a rental. You can keep it simple and just do a modern kitchen, but I've found if you can add one thing that makes the kitchen "Pop" it will rent much better. Example: A backsplash that is a different color from rest of the kitchen (a warm green or red against white and grey walls), a tile that has a unique look or pattern to it, crown molding on cabinets, or a unique light fixture.

@Alecia Loveless This would be considered an addition to the lease which would still need to be mutually agreed upon. 

@Dave Kush You could always market the property to indoor smokers Lol