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13 June 2024 | 25 replies
They're getting it done and tacking their 15% upcharge on it.It's just one of those dilemmas you face as you grow and get more units.
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12 June 2024 | 27 replies
Maybe some electricians can weigh in on this dilemma of using three prong outlets when there is no ground on the 3rd prong.Good Luck!
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11 June 2024 | 21 replies
I owned and operate 2 ALFs in Arizona for last 17 years , let me know what questions you have keep mind laws are different in each state you will be under Department of Health licensing rules and City Planning Zoning rules Good luck!
10 June 2024 | 2 replies
The dilemma i have is that I can’t decide if it makes more sense to embrace the c class identity this property gives the impression of, or put a lot more into the renovation, get better quality tenants and convert it to the B class property that the building (and the area) should/could be. 90% occupied, the yearly rental income is around 600k with 420k NOI.
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10 June 2024 | 1 reply
He/she just needs to provide the landlord with documentation of the abuse from licensed health care services and licensed mental health services who examined or evaluated the victim and/or law enforcement incident report, or protective order signed by the judge.The tenant dies.When the tenant who lives alone in the rented property dies, the representative of his/her estate can terminate the lease agreement early.
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12 June 2024 | 27 replies
This is an insurance violation, fire hazard, health code violation, and structural danger to the home.
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10 June 2024 | 11 replies
Albuquerque is home to Sandia National Labs, Kirtland Air Force Base, the University of NM, Presbyterian Health Care, Abq Public Schools, Amazon, Netflix, Intel, HP, T-Mobile, several large call centers, among many others.
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10 June 2024 | 0 replies
Health and safety violationsIf the tenant endangers the health and safety of another tenant or the property itself, the landlord can evict the tenant.Unauthorized occupationIf the tenant has guests who overstay longer than lease agreement allows, the landlord can evict the tenant along with the guest(s).
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10 June 2024 | 8 replies
Long story short mental health coverage for our kids is not cheap and often out of network; out of pocket.
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9 June 2024 | 8 replies
"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.