Clint Jusino
What steps would you follow to do a Rehab on a rental property you have just purchase
1 April 2024 | 48 replies
Returns of items that don't work/ don't fitSmoke and carbon detectors $100If you really want to make the garage an ADU ask the planning desk now and research if you need separate electric panel - do you need certain parking set backs or a carport?
Brett Roth
House Rules and Resonable Fines
27 March 2024 | 11 replies
The fees are all flat and range from $20 to $50 per violation.Rent Late Fee ($50), NSF Funds Fee ($20), Guest Fee - for guests staying more than 14 days ($5 per day), Unauthorized Occupant Fee ($50), Unauthorized Pet Fee ($50), Smoking Penalty Fee ($50), Smoke Detector or CO Detector Tamper Fee (Up to $200) [we charge $50 first time, $100 second time, $200 third time- this is allowed by our state law], Posting Fee - for posting legal notices regarding lease violations ($20).
Jessie Dillon
Passive Investors: What's your preferred investment vehicle & why?
27 March 2024 | 6 replies
So (in my opinion) they are financially misaligned on long-term performance (and I think this is why there are so many people who have had bad turnkey experiences) And, as someone who has done lots of rehabs directly myself, I have seen hundreds of ways that turnkey operator could take shortcuts (to the detriment of the investor but beneficial to their bottom line) which investor could never detect (or not until years later when it's too late).
Joseph Kirk
Insurance cost on a fully rented duplex?
25 March 2024 | 3 replies
Alarms: Is there a central Station Burglar or Fire Alarm, hard wired smoke detectors or CO detectors, video, etc.4.
Jeanette Land
College student renting
26 March 2024 | 14 replies
i once heard on a podcast about this, that the guy even included 'how to know if your lightbulb blew out and how to replace it.' it's not common sense to many kids who lived at home up until then. this will reduce headaches for you. how to know if a toilet is clogged and how to unclog it, what to do when smoke detectors go off from cooking...
Marco Padilla
What to do when your rental property has a fire and we are out of the country?
27 March 2024 | 18 replies
Make sure evidence is preserved, like status of smoke detectors.
Patrick Fanning
Tenants Complaining About Upstairs Noises
20 March 2024 | 8 replies
Try this device to measure the noise: https://www.amazon.com/Indicator-30-130dBA-Detector-Temperat...You can also stick the same device by windows and doors to see if temperature drop - which would indicate an insulation issue.In addition to getting an Energy Audit, you may also want to look into any state, local or utility programs that offer discounted or financed energy improvement programs.
Justin Melton
Best keypad for Airbnb
16 March 2024 | 8 replies
There is already a nest doorbell and smoke detector.
Danny Van
First time making rental in Warren, Michigan. Any advice?
14 March 2024 | 12 replies
@Danny Van you can also attend Oakland REIA and MREI, both held monthly in Troy.Regarding what to do, first you'll need to call the City and get their rental application to fill out, pay the fee, submit and schedule the inspection.It's mostly a health & safety inspection: smoke detectors, a CO detector near furnace, handrails, GFCI's. etc.WARNING: Warren doesn't really like landlords, so they can be picky about previous work done without permits - even if it was done before you bought the property!
Amirra Elgamiel
Is it common for PMs to charge a tenant placement fee?
16 March 2024 | 36 replies
So I check the plumbing that we replaced, I look under sink, I check smoke detectors, also look at spot I repaired under a bad window seal, heck doors for light leaks.