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20 February 2022 | 15 replies
I put $60 per month for rent increases every year in my calculations and since the tenants are already paying $3,916 per month per unit I would not count on being able to increase rents even one penny for a few or several years, but I don't know and I definitely don't increase rents enough for my own rentals.
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25 February 2022 | 4 replies
Questions:- Should I look towards a new area to invest in (or look in more than one at the same time) (keep in mind as someone who has yet to invest in property)- Find alternate ways to find leads in Toledo (ideas are welcome-- currently using MLS only)- Continuing looking and saving money from my job to increase quality of property I can purchaseI am trying to avoid analysis paralysis, but don't want to lose every penny I have on a bad deal (my budget is what I have).
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24 February 2022 | 6 replies
Worth every penny.
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11 March 2022 | 13 replies
I assume the squatters are busy ripping out the copper piping.
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12 March 2022 | 1 reply
They are kind of a "vinyl flooring and a coat of paint fixes all that ails you" type of places.
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2 March 2022 | 17 replies
It is admirable to see those who do not wish to be the 'bad guy' landlord and appear as greedy and squeezing every penny from a tenant, especially one who upholds their side of the bargain and takes care of the property, but you have to keep up with the market or you'll be in trouble down the line.
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2 March 2022 | 0 replies
Value is being added to the property by redoing the kitchen & bath, some new laminate, and a fresh coat of paint.
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9 March 2022 | 7 replies
IMO, as a beginner in REI, it's all about reducing your expenses so that every penny can go to saving for your next investment.
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3 March 2022 | 2 replies
While "demanding" the tenant to trim the nails is an option but hard to enforce + holding a higher security or pet deposit is also an option - I would love to try and find a coating or some other option that actually protects the floors, even if it is not guaranteed but would possibly improve the floor chances of surviving longer.Any suggestions?
4 March 2022 | 7 replies
Putting a new coat of paint after a tenant leaves isn't the end of the world.