All Forum Posts by: Travis Bohling

 Thanks Heather! Staying somewhere with limited silverware is definitely annoying. 

 Hi Mason,

Thanks for your process - it is helping me understand the local MTR market. What are you seeing on the demand side right now?

Hi MTR investors and property managers,

What are best practices and innovative solutions for the 2 subjects below:

Utilities

1. During periods of tenancy who should have the utilities in their name, landlord or tenant? Pros and cons of each strategy?

2. For those who believe landlord is the answer above, do you include internet access?

Furnishings

1. Efficient inventory methods. Are you counting dishes or do you limit your concerns to the big-ticket items?

2. Any slick new solutions to troubleshoot tech issues with residents (usually tv or internet questions)?

Hi @Avery Lee,

HOAs, such a fun topic unearthing their benefits and downsides. The best HOAs have responsible and reasonable boards that hire great hoa management companies. 

Another option to consider: Be the squeaky wheel - get vocal with the current board, review the full financials to understand the issues, run for the board on the next election cycle, once on the board, press the management company on service issues or find a new manager.

On the plus side, it sounds like your getting new siding which should help the overall appearance of the community and long-term values. 

Hi Chris, check out Second Nature. We use them to offer our tenants a resident benefits package which includes enrollment in a master insurance policy that covers their contents, liability, and dog-bite coverage. A lot of other benefits are available as well that protect you as the landlord.

Congratulations Jessica!

Great question but it is hard to give a recommendation to such a personal decision. Maybe think through it like this:

Is the value of your free time worth more or less than the cost of management?

Is the satisfaction from mastering this skill greater or less than the heartache and stress you may endure?

Happy to chat further if you want to dive deeper on the questions above.

Rent Perfect is great for self-managing landlords.

You seem unsettled by this. Imagine the angst you will have if this goes to court. Peace of mind is worth a lot in the end. Maybe for you, being a landlord isn't worth the toll. 

As a LTR property manager, I have been hearing from airbnb hosts who are experiencing your same dilemma. One strategy that is working for some is to convert their airbnb into a rental-by-the-room property. I have heard from investors with good experiences with Padsplit. Best of luck out there!

Your intuition about leasing interest dropping throughout the last quarter of the year is accurate. We see this annually in the Phoenix area and ensure we do not have lease-ending dates during this period. We consider prime leasing season to be Feb-July.