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24 September 2013 | 18 replies
Some individuals are not good at delivering their message.
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23 September 2013 | 11 replies
If it has only been ten days I would continue screening - DO NOT settle on your tenant - they will not only be your tenants but they are going to be your very close and intimate neighbors - and you will have to live with your decision LITERALLY - It's true that bad things can happen to good people - just be aware that some one who had to be evicted means that some other landlord was forced to give three day notices or 30 day notices, and when tenants did not leave the unit when requested to, forced the landlord to spend time and money going to the courthouse to file paperwork , pay fees and hire people to deliver notices and a whole slew of other things that are the opposite of cashing a rent check.
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24 September 2013 | 5 replies
The condition of the property is pristine and do not require much work other than painting if the tenant decide to move or if seller deliver the property vacant.So far I've only factor in the tax, HOA fees, reserve for maintenance, and reserve for vacancy as I don't know which direction I will go in purchasing this property.
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24 September 2013 | 0 replies
Any fresh ideas about where I should be looking to apply?
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25 September 2013 | 2 replies
@Jason VarneyI don't think it matters, as long as you know seller can deliver clear title at your price.
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3 February 2021 | 29 replies
Any large scale rehabs requires hiring a contractor which in NY is fraught with its own perils.Not only do contractors frequently over-charge (and under deliver), one other obstacle I discovered was that in Brooklyn (which has exploded over the last 10 years) usually the prices are so high that the math with a mortgage and reasonable downpayment (IE: as little as possible) doesnt work...
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27 September 2013 | 5 replies
For starters, I've been looking and asking around the board for a good paper application I can steal and use for myself for a week or so and keep getting directed to online sites.And yes, printing all those apps and hand delivering them to the tenant is high-maintenance for me, plus I don't really want tenants who don't have computer access - I've had them before and they were a pain to keep in contact with.Also, my local competition uses RentApp.And, I've been told to not show the house until the tenant has filled out an application.
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17 March 2014 | 10 replies
It's funny... when I was selling new homes, if they did not sell a home in the first 30 days, we used to put small cups of fresh paint in the air ducts to help make the home smell MORE like paint....
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8 November 2013 | 59 replies
In better neighborhoods you might be able to add a special rent mailbox to one of your properties and tenants can deliver their envelopes there.
12 October 2016 | 24 replies
@Pat L.In my "other" profession, I have built data centres, international communications networks, and delivered multiple software products.