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24 January 2025 | 3 replies
Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health) and choose the one that is most “stable” with the best potential for long term tenancy.This advice is contrary to maximization of rental income, but IMO will reduce expenses of tenant turnover, property damage, property management fees so much that the difference in bottom line income will be quite small.
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28 January 2025 | 1 reply
Paying for a Section 8 investment course is the equivalent of an aspiring cook paying for a course titled: How To Boil Water
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6 February 2025 | 0 replies
We have a rented hot water heater that burst and flooded the finished basement.
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22 January 2025 | 22 replies
For Enclave, it seems that if we manage and post on Airbnb, our guests cannot use the water park/amenities.
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2 February 2025 | 9 replies
Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants?
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5 February 2025 | 5 replies
I am writing to explore rental opportunities for a recently renovated property that has been 90% restored following fire damage.
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5 February 2025 | 2 replies
How that will play out for long term values is unknown - however human nature has shown proximity to water is desirable.
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1 February 2025 | 2 replies
Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 February 2025 | 0 replies
I purchased a new furnace and water heater for another unit.
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3 February 2025 | 6 replies
Other lease provisions may apply as well, such as prohibition against causing the LL to incur fines and damages.