Alicia Marks
Rookie Episode 232 Medium Term Rentals- Let's Discuss!
5 December 2022 | 16 replies
I am building a hybrid apartment/hotel that will have short, medium, and long term guests/residents...located in the shopping and entertainment area with pool, gym, laundry, and outdoor courtyard and kitchen on site.
Selina Rifkin
Which and what type of appliances in a rental?
10 December 2015 | 5 replies
The stack washer and dryers are expensive and from my experience they don't seem to last too long I don't know what what type of rent you are getting but if can get away without a wash dryer I would do so.Sometimes i might add an appliance as a convenience but I don't assume any liability for repairs.
Tyler Merritt
Multi-family purchasing and operating checklist
17 December 2018 | 4 replies
DAY OF CLOSINGPick Up KeysPick Up Hard Copies of Lease DocumentsPick Up Personal Property (as-needed)BUSINESS PLANMarket Lease RatesGarage / Parking Lease RatesOperating BudgetDistribute Entity EIN # UTILITY TRANSFER/SET UPElectricalElectrical - SCE Auto/Clean and ShowGasWaterSewerTrashTelecom SERVICE CONTRACT SET UPLandscapingLaundry Facility Service (DO NOT EXTEND CONTRACT - SIMPLY REQUEST NEW FORWARDING ADDRESS)Pest ControlJanitoiralPool CleaningFire Equipment (Extinguishers, Alarm Box, etc)Elevator Service ContractCourtesy PatrolWater Servicer Vendor RESIDENT RELATIONSNotice of Change of Ownship / ManagementChange of terms: RUBS, Pet Addendum, NSF, Late Fees, Removal of HVAC from WindowsDistribution of New Resident Keys (Laundry, Gate, Pool, etc) MAINTENANCE & OPERATIONSChange all Locks/Keys {Gates, Utilities & Laundry -- Standard Key}, {Office & Shop -- Special Key}Maintenance ShopTool AuditTrash OutStorage Room & Janitorial RoomsTool AuditTrash OutCreate Building Systems Project ManualWater Main LocationsBuilding Water Shut Off Valve LocationsWater Heater / Boiler Specifications & LocationsSite Lighting Timer or Photosensors LocationsPool Equipment & Timer LocationsGas Main LocationsElectrical Panel/Switch Locations
Ryan Dukelow
Calculating Cashflow
1 December 2014 | 21 replies
Some folks include secondary revenue streams such as coin-op laundry and parking in their gross revenue.
Stephen E.
Candles
15 March 2015 | 3 replies
When we moved out, we threw out the blinds and drapes (and replaced them); washed the walls several times with TSP; primed with two coats of Zinsser; and repainted the entire room.
Miles Ramboyong
Coin Operated Washer and Dryer
17 January 2023 | 6 replies
Anyone has insight if I should switch to having the tenants pay or keep their rents competitive to provide in-house washing and dryer?
Ben Papke
Tile vs plastic shower surround, refinishing vs replacing tub
2 July 2022 | 2 replies
Tile will last a long time and 5 years from now the extra cost of tile vs tub surround will come out in the wash.
Amy Canfield
"STR Favorite Things" - Pretend you're Oprah
17 January 2020 | 36 replies
A few dish towels, some dishcloths for hand washing.
Jorge Vazquez
Rehabs alone do not accomplish value.
17 January 2023 | 9 replies
I just decided to install cabinets in the laundry room, and in a hallway alcove.
Craig Coleman
Heloc to finance 1st rental
4 March 2019 | 3 replies
So if the property cash flows lets say $300 per month and the heloc is $300 its a wash.