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21 June 2024 | 11 replies
Recommend opening the account in the personal name, keep it simple.
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20 June 2024 | 26 replies
The cost of repairs and tradesmen seems to have skyrocketed after covid, a simple pest control for ants costs above $250, whole house paint of a 1400 sq ft 3 bed house costs $4k or more, a new HVAC costs about $6k, a plumbing repair costs $200 or more, a new water heater costs $1000-$1500.
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20 June 2024 | 23 replies
If you have little to no PM experience, then you're better off hiring a professional PMC.EVERYONE thinks it's easy to DIY property manage - until something goes wrong and you have no clue what to do!
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21 June 2024 | 5 replies
So, it won't be easy or simple and may not even be possible but worth asking about.
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25 June 2024 | 39 replies
Houses that had servants - even just a maid - simple things like cooking involved a lot of smoke and noise, none of which you wanted around guests.
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24 June 2024 | 58 replies
In Ohio there's no rent control, and in Toledo it's pretty simple: you don't pay your rent, you don't stay in your property.
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22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
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20 June 2024 | 12 replies
Do NOT make the DIY mistake of being nice and covering this for the tenant.
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21 June 2024 | 20 replies
Don't over complicate it, keep it simple, reverse engineer it into it's pieces.