
4 June 2023 | 6 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

6 June 2023 | 25 replies
Given the circumstances of the renter during the repair period the $300 seems like a good business decision = (not charging rent during a time when the unit is non-operable as a legal rental).If they did not have the option of staying with a relative (not everyone can--new to the area, etc...) then the closest Motel seems like a reasonable offer.I think it comes down to the rental experience that you want to (or need to) offer the renter (in your market for that property class) to hopefully retain them long term (excessive turns are a money eater).Some areas and some renters are way more self sufficient than others who are used to having everything in life handed to them.Self reliant Wyoming-ens might have a different attitude (or needs) than some of the more urban renters, hence the different (profitable there) business practices (which reminds me of this song)... https://www.youtube.com/watch?

6 June 2023 | 27 replies
Paul is different with the 3% cap, but I have always been a proponent of being just under market rent to both attract more potential residents as well as retain great residents.

7 June 2023 | 8 replies
This will give you the option to maintain quality of life by ensuring you retain your privacy from your tenants as well as being able to rent a full unit will allow you to bring in more rental revenue as opposed to renting a single room.

16 July 2022 | 3 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

11 May 2023 | 3 replies
Focus on customer service: Retaining loyal customers begins with providing excellent customer service, and this can ultimately lead to more business opportunities.
3 December 2021 | 16 replies
However, from a regulatory standpoint, tiny houses are kind of a bastardized hybrid and retain their mobility, vs. a mobile home which is typically only mobile once.
8 February 2019 | 5 replies
Open a Heloc or (line of credit) on your home, and when you find a quality rental that makes sense you will be ready to purchase, and still retain your primary home.PS. when doing your underwriting, ensure you account for both the new mortgage and the HELOC payment.

11 May 2023 | 7 replies
I'm also hearing that we may be able to retain all of those listings by filing a suspicious activity report with AirBnB indicating her non compliance in transerring the listing with us and prove our ownership of that LLC, bank account, EIN, etc.We are very concerned about losing those great reviews--nothing will be changing on our end (bank account remains the same, EIN remains the same, boots on the ground host thats done all communication remains the same, etc.).

8 May 2023 | 9 replies
.- Look in the crawl space and attic if you can (always have a pocket flashlight on you)- Roof-Chimney- Gutters/Soffits/Downs- Paint/Siding- Electric Service Drop (older homes with above ground wires)- Electrical Breaker Box- Exterior Doors/Jams- Porch/Deck- Termite Danger (ground is near wood)- Land Grading (for water runoff)- Cement/Asphalt-Retaining Walls-Garage (Door and function)- Landscaping-Trash Cleanup- Windows-Interior Doors-Strip Wallpaper-Drywall-Patch & Paint- Flooring (carpet, vinyl, hardwood, tile)- Ceiling Repairs-Water Damage-Trash Removal- Kitchen- Kitchen Appliances- Baths- Water Heater- Water Service Line- Water Plumbing-Waste Plumbing-Check water pressure -Electrical- Joists- FoundationTips - Check the property at different times of the dayThe street may be peaceful and quiet in the morning but in the evening, it may overflow with traffic.