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17 January 2016 | 1 reply
Does anyone know if installing separate water meters is a good thing to do in a multi family home?
22 January 2016 | 27 replies
The weather is cool and temperate.I have found that just about all of my rental properties have mildew issues.I have installed vents in all rooms to promote air circulation.
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21 January 2016 | 19 replies
I put out marketing packages based on actual numbers because all experienced investors will do their own underwriting and make offers based on real numbers but this is hardly the norm.It would behoove you to look at IREM.org as they have financial information from local property managers in every major market and they'll give you the real numbers when it comes to the cost of repairs, water & sewer, heat, electrical, payroll and other information.Once you have this, you should start practicing underwriting deals with your own spreadsheet or one like RealData so you can learn what a deal will actually make versus what BS brokers put out to market.
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18 January 2016 | 22 replies
pumping a tank should always be on the shoulders of landlord / property management and priced in with the cost of rent also you should make a note that tenants are NOT to use bleach and or antibacterial soaps as these products will kill the bacteria in the tank and cause a lot of problems down the road also it is a good idea to add a bacteria of some sort to keep it working properly you can buy the over the counter stuff or just add some yeast mixed with water once a year or so I use bakers yeast every three to four years
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17 January 2016 | 4 replies
I'm so tired of spending so much time installing regular 10mm laminate flooring and the seeing water damage or tenant chips in this stuff.
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9 October 2017 | 5 replies
If that's the case then you have $2K for insurance, break/fix, utilities (almost certainly water), landscaping, etc.
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10 October 2017 | 10 replies
Am I legally allowed to increase his rent a little to cover the extra water usage?
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9 October 2017 | 2 replies
I've read some of the forums and blog posts, and everyone's examples always seem to be slightly different than mine and I want to make sure I approach this correctly.Under SHST, can I expense the cost of an improvement (in this case, a new water heater) fully in the year it's placed into service?
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18 November 2017 | 1 reply
Hello, I had a company look at A/C in one of my property in Miramar, and it has become a repeated A/C water leaks.
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9 October 2017 | 2 replies
But apparently there isn’t a home on the land... instead a garage with water/electric?