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I am a newbie landlord with my first tenants who moved in last week.Today I get an email asking for a list of items to be fixed (from ceiling fan to water heater to hinges on the door). They are asking if they can get...
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Tenant called on saturday afternoon, indicating there was an issue with the oven and is not working.I called some appliance repair companies on saturday, but of course most aren't working and returned my call on Monda...
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Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...
I have had tenants tell me all manner of stories to explain why they were late with the rent. Sometimes, my empathetic side comes forward and gives them a free pass. I know that I must surely have been hoodwinked befo...
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I'm sure there are a dozen apps out there to send text to remind people that rent is due. Can anyone recommend one?
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I recently went through the full process of acquiring a property through Roofstock (www.roofstock.com). I haven't seen many reviews out there on them, so I wanted to provide one myself. My deal fell through at the las...
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I saw a house for sale today in Nampa, ID. It was listed for 40K. The ad said it needed some work. It was around a week old. I figured it was sold but I would give it a shot anyway. Th realtor got back with me a fe...
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Hey guys, just wanted to get your feedback on how you find motivated sellers? I have gotten some pretty good leads from bandit signs. I have also sent yellow letters to an absentee home owners list. I did this rece...
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As an investor, what are the most important aspects you look for in a contractor? What makes them stand out among the dozens of others doing the same trade?
When you have a contractor you use regularly, what w...
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I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...