Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
I've been renting a long time and never gave TV or appliances, but on rare occasion have done 13th month FREE.
Scott Trench
Bold Prediction: The Fed WILL Do a 25+ BPS Cut... But RE Borrowing Rates Will Rise
17 December 2024 | 20 replies
Oil prices remain a huge X factor, and housing prices (at least with respect to rents) are being held back by the most supply EVER being built and coming online here in 2024.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I acknowledged his concerns but was unable to resolve the issue.Since the tenant moved in, I have experienced escalating issues with his behavior, including:Lease Violations:Moving items without permission (furniture, safe, carpet cleaner, TV from his room to another tenant's room).Accumulating boxes in the garage, potentially exceeding the agreed-upon storage space.Installing a security camera in the common living area, which is a direct violation of the lease agreement.Failure to submit a work order for alleged issues with the smart lock, as required by the lease agreement.Behavioral Issues:Aggressive and confrontational communication.Unfounded accusations and personal attacks.Refusal to communicate through agreed-upon channels.Loud and disruptive late-night behavior (banging on the door, kicking the door) due to alleged difficulties with the smart lock, often accompanied by profanity.Harassment of my son, the designated on-site property manager, by making disparaging remarks about me and refusing to cooperate with him.Potential for Neighborhood Disruption: The tenant's late-night outbursts have the potential to disturb neighbors, although no formal complaints have been received.Unreasonable Demands: The tenant unreasonably demands advance notice of my access to the property for storage purposes, despite the prior agreement and my right to access common areas and my own storage spaces.Safety Concerns:While the tenant has not directly threatened us, his actions, including the harassment of my son, have created a concerning and unsafe environment for my son and me.Goal:My ultimate goal at this point is to evict the tenant due to his ongoing lease violations, concerning behavior, the harassment of my son, and the potential for neighborhood disruption.Questions:1.
Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
I guess my challenge right now is to define the strategy and balance all the factors, such as job and population growth (value increase), cashflow (demand & supply market, interest rate, property tax, maintenance cost), and risk control (insurance etc).
Chirdeep Bhutani
Are Cap rates getting better?
20 December 2024 | 8 replies
As to others points rents will change with supply conditions.
J. Mitchell Bernier
New HUD Nominee: Great News for Housing Affordability
19 December 2024 | 1 reply
Though I have not personally contributed to these investments for tax credits, I have personally seen these investments in action and these investments can help provide more supply of housing and development that would otherwise not be there.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
Looks like the fence fell down at the end.For a weekend of work and a few hundred in supplies, I think you could make the place look much more appealable.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
after seeing all the risk management/insurance that comes with tenants wood fire usability, I was wondering the same, or, actually: I'm thinking to seal the cap on roof and run a cord putting an electric Infrared heater fireplace in there, so they can still open the glass and get heat and watch TV over the mantle, but can't burn anything or have any flame.
Scott Zeiger
Appliances
17 December 2024 | 29 replies
We supply kitchen appliances for all of our units, on the SFR's we supply dishwashers because they are in nicer neighborhoods where a tenant would expect it.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
I believe if people make money and there is sufficient housing supply, housing will become affordable.