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4 October 2024 | 13 replies
I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.
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5 October 2024 | 17 replies
Constantly getting pestered, not listening to me, following up when i already replied.
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1 October 2024 | 1 reply
I need to create some kind of significant revenue stream to ensure my wife, kids, and grandchildren are taken care of when I’m gone.
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4 October 2024 | 16 replies
Compare that to my sec 8 building in suburbs I am constantly texting these low lifes to get their tiny portion of the rent or to get roaches out of their units because they refuse to clean properly.
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2 October 2024 | 8 replies
It could be a guest, but it could also be a toilet constantly running.
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4 October 2024 | 9 replies
Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.
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1 October 2024 | 2 replies
But in a rooming house, they pay a much lower rent cost, and get the benefit of a professional cleaning crew doing common areas, kitchens and bathrooms, free high-speed Wi-Fi for their streaming devices, etc.
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3 October 2024 | 3 replies
I was constantly having to prompt the company to provide me with updates on their payments.
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4 October 2024 | 10 replies
These types of people are never satisfied and probably make everyone around them miserable with their constant back and forth with everything.
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2 October 2024 | 7 replies
I have a Associate Degree in a completely unrelated field.Seeing as how we are planning to make real estate the foundation of our day-to-day income stream and long-term "retirement" strategy, it feels as if making another change of profession is in the cards.