And Then There Was One!
I rented the only one bedroom apartment that I had available today. That leaves me with only one available rental - a 3 bedroom house (that isn't yet ready to rent). I continue to be amazed at the demand for rentals in the area!
My project for the day was to work on the one-bedroom apartment that I rented today. It wasn't quite done, but the applicants wanted it anyway. So, I replaced the kitchen faucet and some of the associated waterlines; installed numerous light bulbs; did some cleaning, and a few other minor chores. Of course, I also had to sign the lease and other paperwork with the new tenant AND COLLECT THE MONEY (my favorite part).
Six of the seven units at the Pink Elephant are now rented and the remaining unit needs major rehab. I have already started on that and will be doing more of that work as the week progresses.
That was about it for today - nothing too exciting.
Michael Rossi is the author of 1 Minute to Rental Property Riches, which is the only book that tells the truth, the whole truth, and nothing but the truth about the rental property business. You won't find any guru motivational nonsense; unrealistic hype; or promises of instant riches without work in this book. What you will find is the critical information that you need to start, build, and operate a successful rental property business. And if you're wondering about the title of the book, 1 Minute to Rental Property Riches, it's a sarcasm of the silly guru infomercials that promise untold riches without work - which we all know is RIDICULOUS!
If you'd like to read more about the book, check it out at www.1MinuteToRentalPropertyRiches.com. When you're ready to buy, you'll get the best price and fastest delivery from the bookstore right here on BiggerPockets!
Comments (2)
Hi Mike, Boring is good. Have some fun in the stock market.
verbernstMA, over 16 years ago
Keep filling those units up, Mike! It is never fun having empty units - congrats on being close to 100% occupied.
Joshua Dorkin, over 16 years ago