Account Closed
Are hotels always more profitable than apartment complexes?
9 August 2015 | 13 replies
Running the business is much more management intensive.With the economy coming back and new business starts up more people are traveling again.Yes, but I think despite the hit that hotels take during a recession, a hotel might be preferable to an apartment complex.
Mike Oconnell
Double deposit vs pre-paid rent if rental qualifications are not met
9 August 2015 | 10 replies
If we have an applicant that falls a little bit short, but we think they'll make a good tenant we prefer to take additional deposit.When you take additional prepaid rent that gets used up during their tendency while the additional deposit stays until they move out.Often times when the tenants pay the additional deposit you want to make sure they get that money back when they leave and them more incentive to leave the property in good condition.Kevin
Kevin Renaud
New Pro member from Winchendon, MA :-)
10 August 2015 | 6 replies
Preferably within a 30 min drive if possible.
Erica M.
Reinvesting rental income in stock market
17 February 2018 | 20 replies
yes I prefer real estate too.
Joe Fairless
Jakobson Property Mgmt Company Didn't Refund Security Deposit But Won't Give Details - What Can I Do?
9 August 2015 | 7 replies
@Lexi ColtI would give them that info but I don't know what month/year they are saying I didn't pay rent...and I lived there 9 years so I'd prefer not to dig up all those bank statements until the one month is identified.
Jacob Edmond
What'll be the next Shag carpet or wood panel walls?
20 August 2015 | 28 replies
laminate has been popular for two decades brcause it is clean and tough, just look for laminate that passes for wood it looks so goodGlass is natural, beautiful, eay to clean and reflective...and will be used in different sizes, colors, shapes and paired with other materials for some time to comeGranite or any stone is classic...but as tastes change the preference for colors of granite will change...and yes it will take a backseat to other fresher ideas in countertopsWood ceramic tile will probably last like travertine porcelain tile because they imitate nature...but as tastes change the underlying hues change...goldenish tones giving way to grayish, I think "looks" will date a decor more than individual choices.
Steve Rozenberg
Is Allowing Your Residents to Deposit Money Directly into Your Account a Good Idea?
4 September 2015 | 96 replies
Here is another food for thought: some banks allow deposits with only a person's phone number or name.
Alex M.
Buying bug infested properties - how do you get contractor bids when nobody wants to enter the property?
9 August 2015 | 2 replies
That description of the property sounds pretty bad, but it does sound like they were able to get the bugs out of there if they ended up living in it.The chemicals are something to worry about - I'm thinking a combination of bombs and spreading a massive amount of diatomaceous earth (food grade) around the property until the rehabs are done.
Jonathan Paz
New Member from Tucson Arizona!
14 August 2015 | 13 replies
Personally I prefer the nicer areas and newer homes though because I usually do not have the time to deal with many repair issues/high tenant turnover like you would get with older homes renting to lower income demographics.
Account Closed
How do people make money in condominiums?
10 August 2015 | 14 replies
Their money comes in various tiers of interest (some IO bridge financing, some equity with preferred return, some class b equity, etc).