Tomas Calvino
Ideas for Standard Operating Procedures
10 January 2020 | 14 replies
We find it especially helpful when we don't have people moving out as often, to refresh ourselves on what to do when.Here are the things I include:Table of Contents:Resources. 4Property Selection.. 4Purchasing/Evaluation Reminders:4Unit Preparation.. 4Sequencing of Repairs. 4Crime Prevention Through Environmental Design.. 5Remove the Cleaning Vinyl and Plastic Blinds. 5Cleaning Cabinets. 6Hot water heater. 6Smoke detector & carbon monoxide detector. 6Advertising to Applicants. 7Utilities. 7Pet Policy. 7Smoking Policy. 9Occupancy Standards. 9Market Rent. 9Evaluation at Vacancy. 11Reevaluating during tenancy. 11Change to rental rates. 11Advertising. 11Tenant Selection.. 12Rating Applications. 14Tenant Selected. 16Rental Agreement. 16Paperwork & Legwork needed for Move in.. 18Move in.. 19Maintenance During Tenancy. 19Maintenance Needs reported by Tenant. 19Maintenance Performed by Tenant. 19Maintenance Inspection.. 20Things to Keep Maintained. 20Trees, lawn care & Trimming bushes. 20Monthly Processes. 21Collecting Rent. 22Rental Financials. 22Gather Market Rent. 22Document. 22Update Tenant Listing. 22Update Occupancy Tracking. 23Follow-up on Late Rent & Late Utilities. 23Less Frequent Processes. 23Here’s things to do on a routine, but less frequent basis.23Maintenance Inspections. 23Review Landlord/Tenant Law.. 23Issues/Changes During Tenancy. 23Late Rent. 23Unpaid Utilities. 24Mildew, Pests, or Rodents. 24Agreement Violations. 24Neighbor Complaints. 24Change in Tenants. 24Amendment to Rental Agreement. 24Abandonment. 25Terminate Agreement. 25Eviction.. 25Judgment. 26Tenant Turnover. 26Items left behind. 27Turning Prior Tenants in to Collections. 28IRS Guidance. 28Misc.
Siah Hawton
Is NNN lease a good first investment?
23 May 2023 | 21 replies
But when I had ACL surgery, I suddenly was thrown into the world of NNN medical office investing.
Wayne Woodson
Order of The Rehab
2 January 2018 | 21 replies
We would always tape this to the inside front door with a clear plastic cover.Here is a link to the formhttp://michaelquarles.homestead.com/repair_process.doc
Simone Koga
Self Managing STR at a distance
1 December 2021 | 29 replies
I initially provided all paper products, spices, soaps to refill the soap dispensers, plastic storage and garbag bags, etc. .
Johann Jells
What to do about a sanitation summons on a 3 family?
28 July 2018 | 16 replies
A typical tenant of a 2BR apartment has enough garbage to fit in a small plastic bag for half a week.
Larry T.
best sink to buy for rentals
10 February 2008 | 10 replies
Same for the faucet, don't use a cheap model with a plastic body...get a mid range moen or pfister single handle NO Sprayer.
Jordan L.
Keeping crawlspace moisture down in the southeast
4 November 2020 | 12 replies
Code where I am (TN) and in most areas call for 1 layer of 6 mil plastic.
Jim K.
Important lesson learned cheap, passing it on
19 February 2020 | 54 replies
I use these.....LASCO 03-4307 White Plastic Tubular 1-1/2-Inch by 12-Inch Flanged Tailpiece
Kiet Ho
How do yall feel about buying a rental property all cash?
20 December 2021 | 121 replies
It amazes me how many times someone says they have a great deal because the purchase price was $XXXXX, and the rent was $XXXXX, then when I ask them what the CF was, they still go back to the high rent...as if they got to keep it all.REI isn't really brain surgery, unless you make it out to be by rationalizing bad deals into good ones.
Kevin Harrison
smokers?
29 December 2015 | 81 replies
Most cigarette filters are composed of cellulose acetate, a form of plastic.