Jessica Young
Do you compensate for inconveniences to tenants, such as replacing HVAC systems?
The AC went out and needs to be replaced in my Florida condo within the first month tenants are renting it, complete with 3 visits from HVAC before the new unit is even installed.
Would it be expected or normal to o...
Chris Penn
Seasonal Employee Housing Rental ~ Anyone Doing This?
Thank you for taking the time to read my post. I have stumbled upon a market that is desperately short on employee housing during 5 months of the year. The remaining 7 months of the year I can only hope to break even ...
Carlo Con
Schedule E income...what expenses to include/exclude for new loan
I would like to qualify for a new home loan. I spoke to 3 different home loan officers and they have given me different information each time. Here's my scenario.I bought my house in 2016 and started renting it out ...
Albert L.
Property manager in Bessemer?
Hey folks, can anyone recommend a reputable PM in the Bessemer area? Would love some local insights int the market there. Thanks!
Nathan Broekhuizen
Property Management - Furnace filter replacement
Hi everyone, My name is Nate Broekhuizen and I just started as a Property Manager a few months ago and currently manage about 40 units. Consisting of single family, duplexes, and two fourplexes. The previous Property ...
Ali L.
Payment arrangements for handyman
Hi y'all. Seeking best practices/suggestions on compensating handyman. This pro is on call for routine repair/maintenance work like replacing light fixtures, repairing stairs etc. Goal is to provide consistent income ...
Michael Junior
Assessing a deal.. how to take the most risk out of it
Hey can someone just either fill me in.. or point me in the right direction. How can I asses wether the deal is good or bad. Someone please break it down. I understand you need to run the numbers. The way I under stan...
Derek Petersen
Home Warranties for Multi Family
I'm curious if anyone has had a good experience buying a home warranty plan for multifamily properties. I have recently picked up a fourplex and triplex with some deferred maintenance from the previous owners. The ...
Geoffrey K.
Help with calculations
I'm a numbers guy. In my research, I am at a point where I am ready to see "how" the numbers work. I'm interested in SFH rentals and would like to see if I understand methodology of working the numbers... (I'm going t...
Jennifer A.
Charging against former tenant's security deposit?
We had a tenant of 5 years just move out. I have a question about I can charge my former tenants for and would like your opinions. 1. Older windows in the home. Several storm windows broken. Several screens are ri...