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24 December 2021 | 0 replies
📝 Below are specific systems & processes I have used for managing my long term rental portfolio in the Omaha, Nebraska market:Zillow & Apartments.com to list properties for rent & receive applicationsPre screening prospects with a few baseline questions before scheduling showings to weed out non qualified parties & tire kickersApartments.com (previously Cozy) for management platform, receiving rental payments, & accountingInputting expenses for each property each month Separate bank account for holding tenant depositsEscrowing insurance & property taxes in monthly paymentLockbox to allow contractors access during rehabHVAC maintenance contract for service twice a yearGutter cleaning company scheduled once a yearLeave on agreements with utility companies for all propertiesAutomatic late fees applied after rent due dateInforming tenants to email all non emergency repair requests & include images if possibleContacting contractor about a needed repair & having them get in touch with the tenant directly for schedulingPaying contractors promptly and thanking them for their good serviceMailing 2 tenant tip letters a year incorporating visuals for various items such as winter preventative maintenance, what not to flush down the toilet, reminder to clean lint trap from dryer, etc.
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28 December 2021 | 39 replies
The two 2/1 apartments were built to be 1750ft2 each at a time when the Borough of Homestead, two streets down, had the same population density as Manhattan has today.As far as the downspouts go, I don't think you're visualizing what's being done correctly. the existing copper gutter is actually being covered, as an integrated part of the roof, hanging within the fascia above the soffit, and new aluminum gutters are being installed at the edge of the roof, hanging outside the fascia.
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29 December 2021 | 9 replies
So the workers comp system actually functions to limit claims by employees against employers.
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29 December 2021 | 3 replies
Texas is landlord friendly.Cash flow is a function of how much money you put down vs the rent.
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23 March 2022 | 14 replies
I didn't find anything that the ADU is already functioning...
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31 December 2021 | 44 replies
A universal rule is CLEAN, I can not emphasis this point enough, a marketed unit must be CLEAN, neat and presentable and clean means CLEAN in all aspect including the smell, touch, visual.
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28 December 2021 | 5 replies
If these people have at least one functioning brain cell between them, they already know they are paying far less than what they would be elsewhere.
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28 December 2021 | 0 replies
Cosmetic fixer and repaired many functional issues with the property.
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28 December 2021 | 2 replies
The panels are not functioning in any capacity.
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29 December 2021 | 6 replies
I have a firm understanding of commercial products and function however I am not accustomed to the short term duration (3-5 years).