All Forum Posts by: Tuesday Goodband

Chris Sweeney Thank you for the recommendations I will look into that. That (water) has been one of the main concerns with types of flooring due to seeing bathrooms where the flooring is peeling off the ground or the glue has been so moist that the glue for the tiles is no longer sticky at all -the back house to my apartments has this problem, but that is a smaller problem within a larger problem that I won't go into-

Lucas Hall Thank you so much for the clarification as for I had not realized that Cozy and Landlordology have been partnered. I was and am very happy to have been able to have received a response from the founder himself and to hear that the creators are also using the service. I am looking forward to using Cozy to be assisting me with my rental needs and am going to check out the educational resources as per my first rental and first time land-lording there is a lot of information to absorb and apply.

Roy N. Charlotte Edwards Kim Meredith Hampton Kyle Nelson I couldn't thank you more for your recommendations! Sorry for the slow response just have been busy getting ready to paint and fix up. What type of laminate or wood flooring would you recommend. I had contemplated not going with carpet before but didn't want to completely dismiss it due to Buffalo's cold winters causing cold floors, and a family member being adamant that nobody will want to rent a place with no carpet.

On Monday I just accomplished my first closing on my first rental property. I am looking for rug recommendations. Currently there is bur-bur in place, and when looking into purchasing a new rug an associate mentioned that another carpet -StainMaster- would be better. (see pictures below- the first picture is why we're replacing the current carpet, and the second picture is two bur bur choices and the other two samples of the recommended StainMaster-). As per the information tabs at Lowes the bur bur said they last for about 5 years and the StainMaster lasts about 25 years. Would you recommend another type of carpet? Which of the two would be the preferred as a rental property owner?  

Between landlordology and cozy I'm really leaning towards cozy. Has anyone used either programs and if so what has your experience, pros and cons with using the program for your rental(s).

@Stephen Guilfoil, do you working full/part time while also fixing up the property? That sounds like a lot of hard work you put in! Although it stinks to hear that you had a vacancy it's better than having a poor tenant :) My property in the back house (there is a back and front house completely separate from each other) has mold that has to be taken care of. That will be outsourced for sure. My background in fixing things is not nearly the best, but I am looking forward to learning how to fix the small things, and learning to find the best contractors/handymen to work with. I appreciate hearing your experience and lessons from them. I am hoping that I learn from yourself and others in preventing as many problems as I can prevent.

@Stephen Guilfoil Congratulations on your first 4 units! I can't imagine the so exciting to have the first unit under your belt. Nonetheless, to have the first year under your belt with so much more to come. Are you living nearby, or house hacking? What have your first years experience been like? Have you been outsourcing services or fixing them yourself?

Thank you, I am very excited as for my younger brother already have properties in Jacksonville, FL they don't have any experience with landlording so I am on my own adventure there! I am not sure how you found that book but I am very excited to buy it and continue learning. There are just some books that need to stay on the bookshelf and it looks like it very well will be one of them. 

Thank You @Moshe H. for the links they are incredibly helpful. I can't thank you enough for sending the links! I found many more articles that were along the lines and helpful, but these really answered many of my beginners questions. 

I am currently closing on a property in North Tonawanda, NY the next step is to gain tenants for the property. I have an ideas as to how I am going to go about the process, but am interested to seeing what other property owners are doing for their tenant leads, websites to post the rental opening on, screening process, and important questions to ask interested tenants.

Questions:

What websites/places are recommended to post my rental property opening? 

Any tips on how to go about  creating the rental application, and analyzing their credit and background checks? 

Target Questions to ask inquiring tenants?

I'm looking at financing a 30k loan, where do I start?