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17 January 2014 | 29 replies
We sold our first one under the new model before it was done, the next one in a few weeks, the third one ....etc etc ... we have maintained an average of under 30 dom each year for the past five years.
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21 May 2019 | 23 replies
I feel like if I make it as nice as possible before they move in they maintain it that way.I have another duplex that is in a less desirable neighborhood (but not bad), and it attracts so-so tenants.
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8 January 2013 | 7 replies
17) direct deposit - put in lease agreement that rent will be paid by direct deposit for the monthly.18) monthly or quarterly inspection or maintenance visit - put in lease agreement that the tenant agress to have the landlord or landlord representation visit the ppty to see if anything needs to be repaired or upgraded, also a good opportunity to check if the premises are well maintained and have not exceeded the occupancy limit.19) Eviction - Put in the lease that eviction will be filed by the 5th of the month if rent is not paid.This is what I have compiled now after reading the posts, please feel free to add anything that is worth including in the lease or rental agreement.
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1 April 2014 | 10 replies
I may be better off just holding on to the property, increase (or at least maintain) it's equity, and position myself for the long game.
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5 November 2015 | 11 replies
If the tenants take care of both and the property is well maintained, I would consider it.I look at Mortgage, Insurance, Taxes, Management (10%), Vacancy (5% varies), Maintenance (10%?).
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3 September 2014 | 31 replies
How about turning the properties over to a PM as you probably bought them right and have enough spread to maintain cash flow.
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26 August 2014 | 4 replies
They are faster and more likely to close (to not fall out).If you are using hard money instead of cash, you are going to need to maintain as many of those elements as possible.
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5 September 2014 | 7 replies
For instance finding leads, checking on properties and/or maintaining them, as well as any scheduling to be done or phone calls to be made or taken.Is there a position like this out there?
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25 October 2023 | 3 replies
I'm still learning to optimize everything even further, where its very hands off, but this is where it currently stands.
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13 March 2017 | 20 replies
I don't know if most/any of your improvements are going to raise your rents, but they will certainly make your units easier to rent and more likely to maintain higher quality tenants.