All Forum Posts by: Dawn Centanni

@Nathan G. Are you suggesting that the older ladies are at fault for not being able to pay more and wanting to stay ?  You don't seem to be comparing apples to apples.   If apple prices go up then lower income people buy less apples...this is demonstrated in lower income areas where McDonalds are prevalent  They simply then do without the items that increased in price and replace with other less expensive options, typically lower quality.  When housing goes up it is not equivalent to say people who have made their home somewhere, that they should just relocate to somewhere they can now afford and it's their fault they haven't made more income to afford the inflated prices of higher demand. None of us would invest if we weren't in it to make profit to better our situation but it does not need to come at the cost of others in my opinion. There are other ways to fulfill both. It's not my life so I'm okay with either choice and understand that this is part of the game of capitalism. but for me I'd have a hard time living your truth. 

Hi Tyler,

I have given this much thought as I have found myself in a similar situation on a property I really love. (Mine...Duplex in a great airbnb community which could make a ton as a short term rental.)  I think you know what the right thing is and are trying to make a decision if it's okay to NOT do that right thing in the name of profit.  There are lots of people in the investing community who will say callous things like "this is just business" and that's fine for them I guess.  There are lots people who do well... but don't do right. Sorry but you will need to decide what kind of person you are on this one and no one person's opinion will be very helpful. They might offer excuses for you or they might add guilt depending which side they fall.  In my own situation I have thought about going the middle ground.  Accepting that the rent is way under market value, allowing the renters to stay and not doing the upgrades I want to do to get the apartments to market value and rented as airbnb.  I'm deciding to hold as long term rentals, long term if necessary.  I am able to do this as it is not my first investment property.   I have come to believe that how I treat people is important to my happiness more than making a few extra bucks.  Just my two cents for whatever they are worth!  

Dawn

Thanks Drew I’ll

check that out!

Thanks Mark...and so what do you use now?

Hi All!!  I am looking for some advice and recommendation on what all-in-one software I could use to track our investment properties.  We would ideally like it to do it all...organize contacts, appointment calendar, track individual rentals, spreadsheets for rehabs work and even invoicing. Should have ability to be mobile and accessible by multiple users.  Please let me know what you use and love!

Thanks!