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8 March 2019 | 9 replies
Definitely prevent moisture.Lots of places on the internet will give stats on which remodeling projects have the highest ROI.Some of my favorite (but less talked about) super cheap updates that get noticed by tenants or buyers but won't necessarily boost appraisal.
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7 March 2019 | 4 replies
Would you give her a longer notice to find a new place or just leave her be?
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11 September 2020 | 41 replies
With both ends of the spectrum I've noticed issues with managers being so busy that they are unable to keep up with clients and tenants.
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16 June 2022 | 17 replies
I think I should send it before the intent to foreclose notice because that also gets filed with the treasurer.
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17 March 2016 | 21 replies
But I keep an eye on it because it's so close to my market and notice some duplexes going for about 140-240 renting for around 1200-2000 depending.
16 January 2016 | 0 replies
The current lease is month by month for either party (30 days notice).
22 January 2016 | 27 replies
What it boils down to, is that tenants do not follow the instructions in the lease.1) They don't run heaters.2) They have furniture pushed up against the walls.3) They don't ventilate the units (some are SFH and some are multi-family)So here's my solution:When their lease has 60 days until expiration, I will pay a handyman to do an inspection.If they are not taking care of the unit, or they allow mold to grow, I will serve them a 60 day notice to vacate.
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16 January 2016 | 2 replies
Now that I see the answer I feel really dumb for not noticing that little icon.
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19 January 2016 | 16 replies
Sometimes you can buy something at a 6 cap fully stable with under market rents and increase rents and decrease costs to get an 8 or 8.5 cap etc.The syndicator you are planning on investing with needs to plan out exits and return of capital to the investors.I think a lot of stuff people are nuts paying those prices for things.
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18 January 2016 | 12 replies
Cap rate = NOI/Purchase price Therefore, if you can increase your NOI by either decreasing expenses or increasing revenue, your cap rate will go up.