Paul Lucenti
Strategic ways to scale
23 January 2025 | 8 replies
.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less wear and tear while fixed costs like cleaning and painting are easier to absorb.
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
You can point out spots like nail holes where they hung pictures, dirty spots in the apartment needing cleaning, blown outlets they are overusing, etc.
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
I'd also look into property taxes and what is included with that $800 condo fee (that is really high though guessing it may include weekly cleaning).
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
He does not want to deal with the headache of tenants cleaning or any thing to do with STR.
Jay Hinrichs
LA fires Wholesalers Beware
20 January 2025 | 19 replies
I don't like seeing a bunch of blue haired nerds running around crying about how evil their landlord's are for forcing them to pay their rent on time, but I don't want being a blue haired nerd to become a criminal offense.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
Luckily this apartment just needed touch up a cleaning.
Lorraine Hadden
Is There Such A Thing As Too Much Curb Appeal?
18 January 2025 | 4 replies
A clean, neutral-looking curb gives prospective homebuyers a chance to visualize their own additions/upgrades.
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
If the transaction has "hair", the feds care and financial crimes can be prosecuted for up to 10 years after the transaction.
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).