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All Forum Posts by: Steven Muresan

Steven Muresan has started 1 posts and replied 6 times.

Originally posted by @Steven Muresan:

Great thoughts here BP, @B

When I bought my 6 units building, it was fully rented, with 5 Yearly leases and 1 M2M lease. We returned all the deposits. Now I`m kinda risky cause they renting without a deposit. When I'll do the extension of the leases, which will be M2M is it that the right time to ask for the move in fee? Any ideas ?

@Joey Nakayama 

Thank you for the  good idea ! 

Post: Paypal to collect rents??

Steven MuresanPosted
  • Chicago, IL
  • Posts 6
  • Votes 2

Hello @Benjamin Clark 

I like your idea of giving them an account to deposit in, how do I do that ? Some of my tenants pays me the rent with QuickPay, mailing checks and 1 of them with cash. 

Great thoughts here BP`s.

When I bought my 6 units building, it was fully rented, with 5 Yearly leases and 1 M2M lease. We returned all the deposits. Now I`m kinda risky cause they renting without a deposit. When I'll do the extension of the leases, which will be M2M is it that the right time to ask for the move in fee? Any ideas ?

Post: New real estate investor

Steven MuresanPosted
  • Chicago, IL
  • Posts 6
  • Votes 2

Hi @Mark Nolan,

Thank you for the suggestions. 

Post: New real estate investor

Steven MuresanPosted
  • Chicago, IL
  • Posts 6
  • Votes 2

Hi @Jimmy Murray,

Thank  you for the feedback, recently I`m not using any system, as handyman I fix the basics,  and for more detailed work I have some friends that helps me , but I`m still searching for a good handyman to trust him with my building keys.

Post: New real estate investor

Steven MuresanPosted
  • Chicago, IL
  • Posts 6
  • Votes 2

Hi,

I`m Steven, and I`m a small real estate investor. I got a 3 units building and a 6 units building. The first one I owned for 7 years now and the second one for 1 year. The first one is like my house,average rentals, paid on time, very good tenants, the mortgage pays from itself. Now with the second one is more stressful because of collecting rents, repairs based on phone-calls from the tenants, maintenance.... I managed them both with all the needs. Any advises ? How do I make my business running smoothly and my life easier ?

Much Appreciated,