
30 May 2024 | 10 replies
If the answer is yes, you can go Nathan's route and maybe recoup a third or so, but IMO not worth it.We focus more on preventing these situations in the first place with solid screening and frequent inspections, once the damage is done it's too late.Milwaukee is currently the second most competitive market for tenants right after Mimai, FL according to the Q1 report from rentcafe.

29 May 2024 | 4 replies
The new mortgage on the new $340k duplex home which is an FHA loan is going to be a monthly payment of $2800 and we will refi ASAP (the current rate is 6.7%) when rates go down.We have done some nice improvements on the SFR and will be refinishing the wood floors before a renter moves in (July 1) so feeling like it's a great opportunity for the right long term renter and we plan to screen prospective tenants well.We are taking a $20k HELOC on the SFR for the downpayment and plan to pay that off within 12-18 months.

31 May 2024 | 44 replies
For example, there have been a number of times my tenants have had trouble figuring how to work the thermostat and so wrongly assume it is broken.

29 May 2024 | 8 replies
They're only required to repay you for health, safety, preservation of the property....fixing broken windows, roof leaks, locks, etc.#3.
29 May 2024 | 5 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

1 June 2024 | 48 replies
Once they agreed here’s how it was broken down:The home was fairly furnished with little to no work.

30 May 2024 | 43 replies
If you have those attributes and know how to screen well, its a very rewarding and lucrative business model.

28 May 2024 | 7 replies
So, we're very familiar with the S8 program and tenants, and how to properly screen them to avoid the worst ones.PM us if you have additional questions:)

28 May 2024 | 3 replies
If yes, what would you recommend I do if broken down in steps?

28 May 2024 | 6 replies
Given California's tenant-friendly laws, you'd probably be better off hiring a PMC to help you find & screen roommates.