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5 November 2024 | 28 replies
Found out later during inspections that termites got through the floor joists and now they all need to be replaced.
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2 November 2024 | 20 replies
I don't aggressively increase rents if a tenant's current rent is within the turn cost / 12.For example, if you need to replace flooring, paint, and fix up a few things... your turn cost might be $5-7k
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30 October 2024 | 3 replies
Size, type, floors, etc?
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31 October 2024 | 9 replies
The tenants are reasonably clean, so no issue with trash or critters.
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31 October 2024 | 8 replies
Even if the area is cleaned up, I wouldn't purchase any rental real estate in Kensington, Fishtown or Northern Liberties for a few years.
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29 October 2024 | 4 replies
I also recommend including some move-out instructions for cleaning, how to turn in keys, when they will get the deposit back, etc.
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9 November 2024 | 87 replies
I'm hoping that my finances are much better at this time next year and continue to improve as the economy gets cleaned up, with the right person at the helm.
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29 October 2024 | 2 replies
I would use cleaning services but it's my understanding I could use more than one company over the course of the year to limit how many hours one company spends on it.I'm looking into a utilitarian STR more for business travelers, so this won't be one where everything is perfect, it's bound to accumulate wear and tear I think.The STR would be out of state, but I plan to travel there for probably two weeks a year where I would perform many repairs myself.
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29 October 2024 | 6 replies
Currently working on the floor plans.
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27 October 2024 | 4 replies
In accordance with the lease agreement, the property shall be fully vacated, cleaned, and returned in the same show quality condition upon move-in.