My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arrival of a suitable new tenant.

Guest checks out, cleaners arrive to clean, conduct post stay inspection, and reset the home for next guest.

Baby girl arriving April 2025!

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.

When the day to sign the lease finally arrived, she called me and said she had to back out.

. $550  / mth * 8 unit = $4,400 * 12 mths = $ 52,800 GRI  ****not $53,800****The formula for CAP = NOI/PriceNOI = [GRI - V&C loss + OI] - EXP  *****You did not subtract for expenses to arrive at NOI nor include a vacancy and collection factor****Assuming expenses are 50% and 100% occupancy (which 100% occ is not realistic all the time).

or just take my own pic when they arrive to move in?

-Must provide 30 day written notice to terminate Property Management agreement.I was also told I'd receive additional construction update pictures last week which never arrived.

I sent them a text with an informal notice that if I don't hear back from them about the changes in their arrival plans and don't receive the first months rent by tomorrow I will presume they no longer plan on taking possession of the property at which point I will make a formal legal notice.

Within an hour of check-in, we send a message like, “Hey Jane, I just wanted to make sure you arrived ok and everything is perfect!