Tadas Bendaravicius
How To Protect Yourself From Lead Law When Acquiring New Rental Property
28 August 2024 | 7 replies
Not necessarily, if there is only one window which is hazardous then you replace only that, but of course its up to the owner how extensive repairs he wants to do.Yes, on siding or repainting of exterior i will agree on that.
Kathryn S.
When tenant does not respond
27 August 2024 | 11 replies
We are now ready to schedule a repaint job.
Noah Swope
Best place for cheap bulk items
25 August 2024 | 4 replies
I need all new appliances (Fridge, Microwave, Dishwasher, Sink, oven/range)I also need flooring (Tearing out carpet ..yes it's everywhere...yuck)Will also need to repaint and buy new LED lights for my fixtures.
Benjamin Sulka
Offer price for an off-market house hack deal
26 August 2024 | 13 replies
The seller said they re-did flooring, repainted the interior and added some other fixtures in the past year since they've owned it.
Kathryn S.
Is tenant obligated to communicate?
25 August 2024 | 7 replies
We sent another commuication asking the tenant to give us a few days to schedule ceiling repaint.
James J Canull
Washington Blvd Cosmetic Flip
24 August 2024 | 2 replies
The biggest changes were simply making the place new buy re-painting in neutral colors, replacing some very bold colors they had before; such as the dark red dining room.
Michael Plaks
Explained: How CPAs charge you (and why)
27 August 2024 | 13 replies
What happens if, after your contractor completed the job, you realize that you forgot to ask him to repaint the cabinet doors in the hall bath and install two extra outlets in the kitchen?
Robert Rixer
Creative Ways to Boost NOI
23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.
Tom Albares
Sold short term rental condo in Tucson
22 August 2024 | 0 replies
Repainted entire unit.
Cheryl Daniels
Positive lead Dust Test
21 August 2024 | 1 reply
For a Lead Safe certificate (which shows that lead dust levels are within tolerances and has to be re-done periodically, as opposed to Lead Free, which shows that there isn't any lead to worry about and doesn't have to be renewed) almost all scenarios can be remediated by cleaning or repainting (followed by cleaning, of course).