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22 December 2020 | 11 replies
I've asked the tenants to please dispose of grease/fat/food in the trash vs. the drains (there is no disposal installed).
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22 December 2020 | 7 replies
Making reasonable efforts to ensure tenant safety is a landlords responsibility, so fix damage and consider paying for a Ring door bell or some other type of security cam.
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24 December 2020 | 7 replies
.- A flood of new capital driven by flight to safety from underperforming sectors (office, hospitality), as well as new capital from other areas (e.g. stock market is at the all-time high, but the future is uncertain).- Big boys are coming to the sector - case in point, Blackstone acquisition of Simply Self Storage.- Downward pressure on the cap rates from the competing new capital, while, at the same time, new supply applying downward pressure on rents.
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1 January 2021 | 5 replies
If you have over 20% it may be advantageous to open up a HELOC Just to have a safety net in case of major repairs. just to hold you over until you can build up a decent cash reserve.
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15 October 2020 | 2 replies
Here's that criteria:The Order does not prevent you from being evicted for(1) engaging in criminal activity while on the premises;(2) threatening the health or safety of other residents;(3) damaging or posing an immediate and significant risk of damage to property;(4) violating any applicable building code, health ordinance, or similar regulation relating tohealth and safety; or (5) violating any other contractual obligation of a tenant’s lease, other than the timely payment of rent Provide the CDC Declaration for her completion and signature; you can download it here:https://www.cdc.gov/coronaviru...Page 2, bullet 3, states the tenant is still liable for unpaid rent.
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15 October 2020 | 1 reply
Services like this seems like it will be a safety net for landlords since the moratorium on evictions.
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16 October 2020 | 10 replies
If there are serious health/safety issues, you can negotiate those with the owner after inspection.The money you spend to upgrade apts MUST increase rents in proper proportion to the investment.
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18 October 2020 | 4 replies
(For fun question) What is your favorite food?
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18 October 2020 | 37 replies
Lower returns, but greater safety.
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17 October 2020 | 8 replies
Just food for thought.