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27 February 2025 | 3 replies
Move-Out Checklist for Investment PropertyA well-structured move-out checklist helps protect your investment, ensures a smooth tenant transition, and reduces turnover costs.Tenant Responsibilities (Before Move-Out)✅ Provide written notice of intent to vacate (per lease terms)✅ Schedule a move-out inspection (if required)✅ Pay all outstanding rent and utilities✅ Remove all personal belongings and trash✅ Clean the unit thoroughly:Wipe down walls, baseboards, and doorsVacuum and mop floorsClean kitchen appliances (inside/out)Wipe down cabinets and countertopsScrub bathroom sinks, toilets, showers/tubs✅ Replace any missing or burned-out light bulbs✅ Repair any tenant-caused damage (holes, broken blinds, etc.)✅ Return all keys, garage remotes, and access cards✅ Provide a forwarding address for the security deposit refundLandlord/Property Manager Responsibilities✅ Conduct a pre-move-out inspection (optional)✅ Take photos/videos of the property’s condition✅ Verify all keys, garage remotes, and access cards are returned✅ Check for unpaid rent, utilities, or damages beyond normal wear and tear✅ Hire a cleaning service (if needed)✅ Complete repairs and maintenance (paint, flooring, appliances, HVAC, plumbing)✅ Change locks if required by state law or property policy✅ Test smoke detectors and carbon monoxide alarms✅ Review lease terms for security deposit deductions✅ Send tenant security deposit refund (minus any deductions) within the legal timeframe
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28 January 2025 | 7 replies
The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.
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21 February 2025 | 3 replies
The damage waiver is almost like a little insurance policy for damages that exceed the deposit.
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25 February 2025 | 10 replies
Sure, the two strategies are compatible.
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14 February 2025 | 6 replies
For the longest time, I almost always bought locally.
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10 February 2025 | 6 replies
It's time to run the numbers to determine the cash-flow.
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17 February 2025 | 11 replies
I contacted ALE solutions on Friday through their housing request form and just resubmitted with a longer term minimum based on what you stated here.
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17 February 2025 | 1 reply
Through my real estate agent.
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26 February 2025 | 7 replies
Congratulations on the fourplex.
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4 February 2025 | 7 replies
You could try filing a case/judgement against them but I’m guessing they ar leaving the area to screw over the next MTR landlord.