I am not a big fan of lower income areas.

I"m not a big fan of flowery language are sales gimicks and prefer to just get to the point.

We put a small fan forced unit heater in the bathroom(which shares a wall with the water heater on the exterior) and a unit heater in the kitchen blowing under the kitchen sink.

Hint mostly everyone here hates them passionately.

I am not a big fan of the SLO as a good strategy for investors in these times.

When a bathroom does not have a window, an exhaust fan is required to be installed to let the steam and moisture out.

For a major rehab, Demo includes:- Get dumpster delivered- Pull up old flooring- Pull out cabinets- Remove old appliances- Remove light/fan fixtures- Remove plumbing fixtures- Remove old tubs/showers- Remove any sheetrock that needs to be removed- Etc...The major reason to start with demo and get it done first is that most of the dumpster companies will rent dumpsters for 2-3 weeks...after that, you need to pay extra so it's best to get that out of the way while you have the dumpster...

it was actually my hatred for the college that made me tired of paying ridiculous sums of money for on campus housing, and so i eventually looked to live off campus, where i bought a house and rented out a bedroom..... and this fueled my passion for real estate...so, in a round about way, thanks college!!

I'm glad you're a fan of the site and look forward to learning more about you as you participate here.Best,Josh

Let your tenants know that rents in the area for similar properties are higher than what you are charging, and based on the expenses you incur to keep the property in great shape, you need to increase the rent to market levels.Of course, also throw in how great they are as tenants, how much you appreciate them, and any concessions you're willing to make in order to retain them (for example, if they've been there for a year, offer to paint a room for them or put a nice fan in the master bedroom; if they've been there for several years, perhaps offer to replace the carpeting in a couple rooms; etc).Remember, it's MUCH cheaper to keep existing tenants -- even if you're getting a bit below market rents or have to provide incentives -- than it is to replace tenants.