Miguelli Fernandez
Final Steps before commiting to my first out of state rental.
13 September 2024 | 50 replies
I've been taken advantage of financially of, 2 properties broken into, etc - being 2000 miles away is a huge negative.
James McGovern
Exploiting other Real Estate Investors
5 September 2024 | 4 replies
@James McGovern, while I don't necessarily agree with your language, I certainly understand where you are coming from.If you truly want to exploit them, then continually report code violations: long grass, broken windows, broken down cars parked on property, anything that will keep racking up the nuisance issues of the property that the landlord not only has to handle with effort but also with money...But, assuming you don't want to go to that level, find the owner and reach out.
Josh Starner
Newly Added Shore Duplex
6 September 2024 | 2 replies
Does the cash invested include any repairs/upgrades?
Sanjeev Advani
Bascom Group Acquires 249-Unit Multifamily Property in Bakersfield for $56.6M
5 September 2024 | 0 replies
With occupancy rates consistently above 95%, Old River Place is well-positioned to meet the growing demand for rental housing.Bascom plans to upgrade unit interiors and enhance the property’s exterior and amenities, offering affordable yet desirable housing.
Bryan Field
Should I self manage my rental properties for extra cashflow?
9 September 2024 | 23 replies
Broken blinds, refrigerator and freezer door left wide open and running.
Kevin Gallagher
Rookie BRRR in Maine
6 September 2024 | 2 replies
The house does not need much to have it rentable but does need serious upgrades to be a top property in the area.
Julie Philpott
Is not having Central AC a deal breaker for tenants in Ohio?
6 September 2024 | 22 replies
On the other hand, families or older tenants might prioritize comfort and be less willing to compromise.Property Upgrades: Consider whether you have room in your budget to install central AC down the line.
Chris Gawlik
Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies
They have all rented out quickly (less than 2 weeks) but I make sure to "upgrade" them more than what other local landlords do and offer market rent.
John Bertolon
Replaced one tenant's showerhead, now I'm getting other requests.
5 September 2024 | 14 replies
@John BertolonIf your goal is to have tenants move out so you can do renovations I'd hold off on doing upgrades unless they lead to higher rents.However, if you want to keep the tenants and the repairs are inexpensive and beneficial long-term, it’s worth doing because vacancies will cost you more.Replacing items like appliances can be costly, so if they're working well, I wouldn't address those kinds of requests.
Joe S.
Do you provide mini blinds in your class C rentals?
4 September 2024 | 9 replies
we did but you can count on them getting broken and needing replacement pretty much every tenant turnover especially if its section 8 and bunch of kiddos