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25 January 2025 | 12 replies
The wrong tenant can lead to non-payment, evictions, and property damage.
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5 February 2025 | 69 replies
While this isn't Sanibel, Matlacha, or FMB, the hurricane damage was no joke.
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28 December 2024 | 8 replies
I was now without power, or water.
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17 January 2025 | 7 replies
Also, my guests always love my little goodie basket of snacks and a few bottles of water.
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16 January 2025 | 3 replies
We have had duplexes with shared water, sewer, and trash billing, as well as shared driveways.The long term tenants act more like owner occupants, planting flowers, etc. and in some cases neighbors think that they are the owners.
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31 January 2025 | 27 replies
Nice try, but this time does not count.In order to meet 750 hours, your wife will need one of the below:- do something else real estate related, like wholesaling or realtor- actively work on expanding your rental portfolio - have an extensive DIY rehab, like a month-long full-time rehab (and then she might need another kind of rehab)- a calamity such as multiple properties damaged in a storm where she will have to deal with insurers and contractors- something else out of the ordinaryAgain - if all you have is 9 single-family properties with stable tenants and typical occasional maintenance - you don't have enough work to collect 750 hours.
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7 February 2025 | 16 replies
Plus, there was lots of damage in a short period of time from those instances.That's okay because I have great support from my property management company, PPMG.
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10 January 2025 | 4 replies
I'd personally say pulling your water heater out and replacing with a wall mount on demand one, would be worth the cost to have in unit washer dryer if you are staying there or renting it, it would be worth it.its always worth doing the big stuff well and correct even if you are cleaning up after someone, the long term hold always prevails, its just a little frustrating front sometimes, but hang in there!
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11 January 2025 | 10 replies
OP, keep in mind not having access to heating and sharing same water heater and etc will require an easygoing tenant in the nextgen.
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21 January 2025 | 18 replies
@Joe Gellenbeck 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 Class A property in Class D area, what quality of tenant will you get?