Noah Bacon
6 Signs Your Real Estate ‘Guru’ Might Be a Rip-Off
22 June 2024 | 3 replies
Once you see that a company offers such a guarantee, check the Better Business Bureau to see whether consumers complain that the company hasn’t followed through on that promise.Expectations should vary based on the duration of the programs as well.
Daniel Mendez
Diving into my 1st rental (DFW)- Input your Advice & Guidance
22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
Consumer confidence is still strong.
Ryan Ness
Knob & Tube Wiring 🔌 💡
21 June 2024 | 8 replies
You might get lucky.I'm dealing with my own issues right now as I have a 5 plex that is not nob and tube but is screw in fuses and the insurance company (auto owners) threw a fit and demand the fuse boxes all be replaced with breakers or they will drop me.I'm right down to the wire and they have issued a do not renew order until fixed because it has taken 7 months to get all the paperwork and consumers on board with the update.I have a really good electrician coming in two weeks now that he finally has his permits, parts and pieces, electrical company ready for the work to be done.The electrician warned that he was only doing this because he was friends with my PM.
Cory J Thornton
What are the potential effects of "Phantom Debt?"
20 June 2024 | 2 replies
This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."
Kymberly Chase
Taking Line of Credit from my STR business
20 June 2024 | 12 replies
I use Sam's Club for my STR consumables...Sam's Business card does not report to personal.
Lisa G.
Mid Term Rental Lease & Supplies
19 June 2024 | 10 replies
That's it.This past year, I had a tenant who expected me to restock the cleaning supplies when they were consumed.
Josh Silvester
Do you disclose you are the owner to tenants?
20 June 2024 | 14 replies
That usually gives a consumer reason to believe there is fraud or something amiss.
Ty Mould
Sms Text Blasts
18 June 2024 | 3 replies
That is the law that regulates the type of activity you are describing.Telephone Consumer Protection Act 47 U.S.C. § 227SEC. 227. [47 U.S.C. 227] RESTRICTIONS ON THE USE OF TELEPHONE EQUIPMENThttps://www.fcc.gov/sites/default/files/tcpa-rules.pdf
Dan Bowersock
Off Market Deals
19 June 2024 | 4 replies
They halfway tried to implement some means for presenting data in a way that an investor would logically consume that information, but they completely dropped the ball in really simplistic ways.