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4 May 2011 | 11 replies
I will ensure that there are battery-powered smoke alarms in pretty much every room.
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8 July 2011 | 5 replies
If the remote with delivered in perfect working condition, then the tenant should be held responsible.Maybe it just needs a new battery.. ( LOL )
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3 August 2011 | 14 replies
I was having my PM go later this week through each unit with a check list to see what works and what does not.I want to send a message to all tenants that they will be gone period if they don't pay the cash.I just bought the property so I need to set a precedent from the start.The seller gave me a list of 10 tenants wanting to rent last month that they didn't have time to call.They don't even put anything on the net just a tiny sign in front of the building next to the road.I want to build up a big tenant call list and show that to the existing tenants and let them know when they don't want to pay rent or try to pay partial they will be gone.In a way I think it would be better as I could condition a blank slate tenant from the beginning instead of having to recondition existing tenants from a previous landlord who sometimes was on top of things and other times let things go.
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11 August 2011 | 15 replies
It's on a battery backup (about 24 hours worth of power) if the electricity is turned off or power is removed.I guess a burglar could smash the transmitter unit to keep it from calling out, but they'd have to be able to find it and destroy it within 20 seconds of breaking in, so I'm not sure they'd be able to do that unless they had been casing the place and knew exactly where it was.Regardless, the high pitched alarm is generally enough to scare off any intruders...at least in my experience...
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11 August 2011 | 21 replies
Have some vacants I am reconditioning to rent out.Looked at carpet.Found a happy medium at .80 sq ft.and 8 pound plush scotch guard pad at .85 sq ft.This is at Home Depot with a very low installation fee of around 35 bucks.Conversely found 12 by 12 ceramic tile for .56 sq ft.My thought process is too install the tile all the way through on the main floor and use carpet just on the stairs and the 2 bedrooms upstairs.Has vinyl down stairs now but actually cost more than tile and get ripped and messed up.Tile would seem to take more abuse and last longer.I can get cheap berber type carpet for .48 sq ft and cheap 6 pound pad for about.49 sq ft. but I am trying to make it look nicer and not cheap.This is why I wanted to spend a little more on a nicer pound foam pad versus rubber composite.I asked about the Home Depot bid room and the sale person said he could submit but the bids are getting rejected as the carpet is already priced so low.Says HD is getting away from the contractor bidding wars to try and get the price down etc.I checked with prices versus Dalton Ga (carpet capital of the world and the prices were just as good or better.HD is measuring the units for free for me tomorrow.On the tile how much is the grout and the bonding agent for the tiles to the floor??
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8 January 2009 | 20 replies
The Storm comes out on Friday, 11/21.What I didn’t like about the iPhone is the issue of replacing the battery.
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24 December 2010 | 6 replies
As I'm sure many of you know, BiggerPockets was completely offline all Thursday evening from about 7pm EST until 2:10am EST.Our hosting company experienced a series of unfortunate events (starting with weather and ending with battery backup failures) which led to all sites under their watch being unavailable.
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1 March 2011 | 17 replies
Install Smoke Alarms Battery-powered?
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14 March 2011 | 1 reply
You will have high turnover as people seek lower rents.With higher rents it might appear you make more but with more turnover and reconditioning the property you can lose more.Have a great product at the bottom 50% of rents for that size and type and you will get to choose from many applicants and have a better chance of landing a quality tenant.You can also request a higher security deposit for a better rate.Tenants look for deals on rent also even though they are not buying a property in most cases.
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21 August 2018 | 68 replies
These units have high turnover and massive damage each time for reconditioning.These properties in the city of Atlanta have high property taxes as well.You buy for 15,000 and rent for 400.400 times 12 is 4,800Back down 480 for management fee and 200 for lease upTenant turnover can cost a few thousand or more each time.Say from eviction the property turns 3 times a year.At a minimum 1,000 is spent each time plus 1 month in lost times 3 is 1,200.3,000 in reconditioning costs plus lost rent of 1,200 ( 3 months) plus 40 management fee times 9 months collected rent is 360,plus yearly taxes of say 500 is around 5,060 in annual costs IF you have no big ticket items go out.In Fulton county where the inner city is the court room is packed with evictions.