All Forum Posts by: Tyler Ansell

They don't need any "time" to transfer the service. They just call TECO and change the address of their service. 

BTW also a huge no-no, need AC or you'll walk in 2 weeks after move out into Mold-City.

Hey @Jason Muenchow,

Taxes seem high, also rent seems that it could be low. Where is this property, I might be able to help you check those numbers out.

Why not keep your job and invest in some of the surrounding towns around Austin? If you can't afford it then half the other people can't either but they still have to live somewhere...I bet you could find a bunch of deals within 35 minutes of Austin that would do just as well as picking up and moving your life. 

If homes are selling for 250k+ but your 75% of the employees in 75% of companies are only making 50k then they have to live somewhere, aka apartment or further from the city. It just doesn't make sense to me to pack up and move or try to invest remotely when you can surely find a deal right where you're at.

@Bob B.

Across the board I'd say males/females generally have no difference. They can both be equally gross and destructive. 

The entire premise of student housing is the individual lease, otherwise...you're just renting as any other landlord would and the tenants just happen to be students. Call it student housing if you care to but the entire operational aspect of running a student rental vs a conventional hinges on the individual lease agreement IMO.

@Patrick Liska

No, just wanted to bring to attention that most counties you can't have that many unrelated occupants living in the same unit (SFR or MF unit). If you meet the occupancy rule, then you can proceed. Individual vs. One lease doesn't matter. They're still living in the same unit.

You're looking for 3 tenants...cake. I'd post some flyers on bulletin boards in the school buildings. That and/or go hand out some flyers to people at the coffee shop etc. If you post online you're going to likely get a ton of leads and overwhelm yourself trying to sort through them. I rented my personal duplex to 2 guys that were friends of a friend who I found by posting on my facebook. @Hervic Almonte

If you're dead set on going online, craigslist will be more than enough for you to get a group of 3.

It only takes about an extra 2 minutes from making a normal facebook post for your business to making it a boosted one. If you want to be serious about your social media then you should probably be the one doing your posting unless you have another employee that can do it for you. 

We've had more luck with boosted posts then ads. I guess you could consider them the same but yeah. Set up a credit card, create a nice post with a picture and boost it. We usually do $20 for 1-3 days. Hardest part is setting your demographics, for me it's fairly easy because I lease to college students so I send these boosted posts to newsfeeds of people who like pages such as USF College of business, USF, USF Basketball, etc...

Usually get 2-3,000 views and between 50-100 clicks through to our website.

The duplex that I bought is 58 years old. Electrical was ok, old but passable. Galvanized plumbing was ok too, just be careful when working with it because if you break a pipe it will keep breaking down the line. Might want to bump your numbers up a bit just in case.

Also on electrical, take note that the breaker panel might have double tapped breakers (common back then) which is big time no-no these days. Might not have enough capacity to carry new load (amps) after a renovation either.

Be sure with tenants that are like this to document every little thing in the apartment. We take photos such that you can see a dry erase board with the unit number and date on it in the picture for further evidence. Test all your appliances, window blinds, doors, door locks, check flooring thoroughly...think of it as they just tried (..did) rip you off, without malice, but with a business approach get them for everything it's going to cost you to prepare for a rerent.