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26 June 2024 | 3 replies
You need more space and more safety than say, a regular single male would.
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27 June 2024 | 9 replies
Get creative, buy a $200 security system and place them facing the common areas and exterior of the property for the tenants safety.
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26 June 2024 | 2 replies
If the company is hesitant, consider their financial statements to assess their stability or negotiate other security measures like a larger security deposit.
28 June 2024 | 13 replies
If you replace it, do not let the tenants have any say in what type or colour of carpet it is and BEFORE you get anyone in to measure or install, get it in writing that they will have the entire room emptied and make the house available at a pre-arranged time for the carpet installers.
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26 June 2024 | 4 replies
However, here are some considerations:Permitting: Unpermitted structures are often a red flag for lenders because they may not meet local building codes or safety standards.
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26 June 2024 | 9 replies
My measurements should checks out fine (credit, Income/Debt ratio, etc.).
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29 June 2024 | 26 replies
Justin claimed the stove had to be inspected for safety before sending a maintenance person out.
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27 June 2024 | 18 replies
If the tenants are staying usually the only initial repairs/renovations we do while they’re still in the unit is to upgrade the smokes/CO detectors to hard wired and anything else that turned up as a life-safety issue in the inspection.
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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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27 June 2024 | 62 replies
And then meet the trucks on delivery day and take responsibility for counting, measuring, signing for the materials?