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25 June 2024 | 10 replies
Hire someone professionally locally to work for you and oversee manage the project (a construction manager).Some examples I can provide having worked in the construction industry is - soda bottles filled with urine in the walls, food thrown in the walls, throwing coffee down duct risers, sheetrocked over outlets providing fire hazard...
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29 June 2024 | 26 replies
Justin claimed the stove had to be inspected for safety before sending a maintenance person out.
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27 June 2024 | 18 replies
If the tenants are staying usually the only initial repairs/renovations we do while they’re still in the unit is to upgrade the smokes/CO detectors to hard wired and anything else that turned up as a life-safety issue in the inspection.
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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25 June 2024 | 4 replies
Additionally, check crime rates and the overall safety of the area, as these are crucial factors that tenants consider when choosing a rental home.Financial Analysis: Perform a detailed financial analysis to ensure the investment is viable.
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25 June 2024 | 15 replies
Secure the unit for the dog and your tenants safety - meaning all doors and windows should be functional.
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25 June 2024 | 14 replies
While the intrinsic value of the real property initially seems like a safety net, the reality of the capital stack reveals the risk.
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26 June 2024 | 65 replies
Besides the fact that the drive to Disney is brutal, that community in itself has had MAJOR issues with safety and parties over COVID.
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22 June 2024 | 23 replies
Unless your panel has been recalled or has a known hazard issue, I wouldn't touch it.
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23 June 2024 | 38 replies
Most of my tenants pay close to $20,000 a year in rent, it’s a small price for me to pay to ensure their safety.