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15 March 2022 | 7 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!
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20 March 2022 | 3 replies
Additionally, the old aluminum siding on 3 sides (the front facade is new vinyl) has damage but I've not had any interest in redoing it as, in my humble non-insurance adjuster opinion, it is not going to add any value for my rent.
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23 March 2022 | 3 replies
When you say "baseboards" are you referring to hot-water radiators with aluminum fin tubes (i.e. not the stand-up style radiators)?
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23 March 2022 | 3 replies
You might also be able to search them in the forum search bar the concerns like "squatters in flip" or "aluminum wire in flip" to see the discussions about them that people have previously had.
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30 March 2022 | 0 replies
Windows Metal weights, aluminum, cast iron tubs, etc.
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16 October 2022 | 4 replies
I live in southeastern Pa now, outside of Reading.
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8 June 2022 | 76 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!
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13 May 2022 | 4 replies
Electric panel and a few wires are getting updated (a couple aluminum wires).
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15 June 2022 | 5 replies
I have a spreadsheet that has columns for everything.....BRs, baths, Finished basement, finished attic, granite or formica countertops, hardwood or laminate, vinyl siding or aluminum siding, two-car wide driveway vs single wide, etc, etc.