Account Closed
Section 8 -- Incentives (rebates) to be good, clean tenants?
Hi guys,I am thinking about purchasing a 4-unit, 1 BR/1BA building. Two are Section 8 ready. In order to decrease problems with the property, I am thinking about doing the following things:1. Only accepting those w...
Matt Batson
Section 8 issues
I've had a single family home that I've rented for approx 4 years. First renter was a section 8. She was in for a few years and everything was going nicely until she becomes responsible for part of the rent, about a...
Account Closed
What are your best strategies for reducing maintenance?
I've heard a few tips about excluding certain appliances, putting language in the lease related to maintenance calls, or being really choosey about tenants in the first place. What strategies have you had the most suc...
Daniel Z Fang
Memphis Turnkey Tenant Turnover Costs
Hello bp community,
After closing on a SFH turnkey property with a well-known provider in Memphis, my tenants stayed for a full 2 years. I collected about $300 / month in cashflow with relatively few repairs/maintena...
A W
How to make sure your tenant will Change an Air Conditioner Filter?
I think even if I put in the lease, it is hard to monitor/enforce that.. How frequently do you require them to change the filter? every 3 month or every 1 month?
Thanks.
Douglass Belt
Tenant Paying for Energy Audit
I tried searching the forums for this topic and could not find one, so apologies if this has been asked before and I did not see it....
I have a tenant who wants to pay for an energy audit (Includes installat...
Chad Miles
Property Management: MUST ASK QUESTIONS
Hello investors!I am in the phase of interviewing property management companies to manage apartment buildings that we are purchasing between 12-25 units. Based on your experiences, what would you say are the "MUST ASK...
Kyle H.
Virtually NO Maintenance Reserves Needed for Property Analysis!
Hello everyone - I am starting this topic because I am curious to know 2 things:1) Is there anyone out there doing this with success?2) What your thoughts are around this subject, in general.My uncle owns (outright)...
Peter Sik
Tenant moved out, now I have $8000 repair needed
I owned a rental property in Adelanto, CA. Monthly rental income raised to $1000, $600 security deposit. This tenant leased for 6 years and just moved out last week. So my PM done the inspection there. Found out I hav...
Guevara M.
Too Nice Of A Landlord
The topic came up between my fiancé and I and got me questioning myself if I'm doing more than I should be as a landlord. I rent a small 1 bed/1 bath unit to a young lady who moved from out of state. She has no fami...