All Forum Posts by: Andrew S.

And verify they have renter's insurance to protect their personal property. My understanding is their renters insurance does not cover any of my property - flooring, drywall, plumbing, etc.

I have a utility landlord policy that notifies me and automatically transfers service into my name before they shut off services. There is no washer/ dryer and the fridge doesn't have water to it. It's an upstairs unit in a quadplex so it should even get residual heat from the neighboring and below unit. Even without heat, it should stay above freezing. The heat is baseboard electric heat so it shouldn't shutoff as long as the power is on. There's half a dozen or so heaters so as long as a couple near water sources are turned on, it should be fine. I think I may request the bathroom and utility doors left open. Probably don't need to keep the bathroom and kitchen cabinet doors open (with piping inside). Keep heat turned on to rooms containing water. I'll check on it once or twice a month (2 miles from my work) and when it's below 10 deg out.

I installed Shaw resilient floating LVP with a 2mm hardwood/ laminate underlayment. Worked fine except in my kitchen, the old uneven hardwood subfloor + fridge & standing freezer + too thick of underlayment = couple gaps that I had to fix. Will redo subfloor someday.

Good option, cheaper than replacing flooring and ceiling drywall beneath. Hard to decide if landlord or tenant should pay for this. Realistically landlord?

I have a tenant that is 6 months into a 1 year lease and has joined the military. They will be leaving for basic training that will last up to 10 weeks and would like to keep the apartment. How would you best handle the extended absence of the apartment? I'm in Montana so the heat would need to be kept on. They have a family member who said could check on the place 1-2 times per week. I could stop in and verify no plumbing or heat issues as well if needed (don't want to but could). Any other suggestions? Thanks!

I closed off the furnace heat to one side of mine (700 sq ft vs 1200 sq ft) and installed electric heaters in the 700 sq ft side. Otherwise, I'd say owner pays the heat bill and don't lock it up. That seems controlling and strange.

Does your cash flow include maint, CapEx, vacancy costs? I'd read the HOA regs.

Your realtor and their realtor and their property manager should have a list of each unit bed/ bath, rent, utilities, property mgmt charges, who's behind on rent, etc.

Annual rental income is 1% of the what is it worth picture. NOI, annual expenses, vacancy rate, condition of units. I'd inspect every unit (yes he or she will roll their eyes).

I bought an 1875 duplex in Montana. DM me with details and I can possibly give you guidance on some if those.