It was with a sigh of relief that I granted the request of the tenants to be released from their lease when their jobs transferred to the far side of the metro area.Two important lessons we gleaned from this mini-debacle are 1) nothing is more important than leasing to good quality tenants, and 2) having a property that shows well and is in a fact an up-to-date place that’s nice to rent is critical to attracting and retaining good tenants.As this was happening we were also learning the ins and outs of the local eviction process as we evicted tenants from two units who were non-payers.

This week I want to continue my mini series on some of the benefits and critical things you need to know if you are deciding to implement the virtual investing model.The key to having consistent success in a visual market is having the right boots on the ground in that specific market.There are two different ways that that you can have successful boots on the ground.

My mini mentors were the hundreds of investors on the BP podcast as I worked my way through most of the episodes and did my best to heed their advice!

Among all of our tenants, we only have two tenants who broke the payment into a few mini payments, but we are expecting both of them to pay in full by Friday this week since the stimulus checks arrived.

Thought we would need to replace old Radiant gas grate heater with Mini split system, budget was $7k, spent $140 For HVAC tech maintenance and new Thermostat.

I have apartments, mini storages, warehouses, and some small business offices. 

If the electric is separate perhaps look into ductless mini split system or as you mentioned electric baseboard.

In addition, there are features I would change if I lived upstairs that would be untouched if I rented: mini blinds, cream/yellow paint color.

Also they are more corner-store / mini-marts.

Note: I had MassSave do an assessment, they are going to blow-in insulation in both units, and they mentioned there are rebates on mini-splits, hot water tanks, etc.Unit #1 (Rented until June-2023 w/ Lease) - First floor, 2br, 1ba:Heat: Force air by oil.