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23 May 2024 | 11 replies
Lgr home has all electric, the other electric and gas.
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22 May 2024 | 6 replies
Even though we were nor in tourist place, house seems almost more than 50% occupancy rate except winter. ( In winter we had mid term tenants) However, even though our property is popular, because we pay a lot in mortgage, many times it is negative cash flow and pool seems constantly leaking.
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23 May 2024 | 52 replies
Plumbing- corroded cast iron drain lines, corroded copper piping that leaks, sink trap leaks, sink popup ups that are non-functional.
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22 May 2024 | 5 replies
Trash, miscellaneous such as water charge for a water leak, umbrella policy or other asset protection, book keeper/tax person, etc.
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21 May 2024 | 41 replies
I really think the " QUESTION" is do you raise rents... if you do you keep up with inflation, if you don't your a charity,, Does the gas station at the corner care if you drive a beater or a new car??
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21 May 2024 | 4 replies
The next morning he returned and found nothing wrong with the unit after tracing the lines for a freon leak.
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22 May 2024 | 6 replies
Here I'm thinking it'll be easier because there was literally a house there before and there's already electric, sewer, water and gas at the street to connect to.
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21 May 2024 | 4 replies
This is not only to make sure that people are taking care of the property, but this is also to make sure that tenants aren't overlooking issues that could be addressed now that cost way more later.These can be minor roof leaks, gutter leaks, mostly to do with water penetration.
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22 May 2024 | 30 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Payroll & payroll taxesBusiness income tax preparation and paymentsLabor: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...
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21 May 2024 | 12 replies
Is it common place to call the utility companies to get information on electric, gas, water and garbage pick up?