All Forum Posts by: Dena Puliatti

Sending you a DM

Our lease has ways to communicate, report work orders, and pay rent outlined in detail. This will keep you from searching for tests, emails, notes about a phone call, etc.

100% put up some blinds. You don't want towels nailed to the window frame.

If you are looking for builder/lender rates, then new builds are the way to go. If you're looking for tried and true established neighborhoods, stick to resale. There is always going to be maintenance on any home. Regular inspections are necessary for both. 

I am an investors' agent and manage in Huntsville. Let me know if you need a scope for realistic rents.

I recommend you compare your before occupied and after occupied pictures. If there is damage from a Section 8 tenant, Section 8 will not compensate you for it. You can send the tenant to collections and go after her voucher. I would not ask the tenant to do the repairs. Bad repairs are harder to fix than no repairs.

Don't waver from your policy. If rent is due on the 5th, notices need to go up on the 6th. My rent collector sends messages to delinquent tenants first thing in the morning on the 6th. Most of the time, they just need a couple of days until a Friday payday, for instance. You'll learn quickly who you can work with and who you can't. We also charge a $45 late fee on the 6th along with a $25 notice posting fee. Then there are daily late fees. Usually a couple of times with the late fees is enough to keep tenants in line.

My company partners with a local contractor. All make-readies and work orders are assigned to him. His admin calls the vendors if it is something he and his crew can't handle. He sends quotes to me and the owners. The owners are familiar with him, can talk quotes through with him, and I don't charge a mark-up on maintenance. This really simplifies it all.

Look into SFHs in neighboring subdivisions around Huntsville and Madison. Harvest is a good market and desirable for renters. We have tons of new apartment complexes, so renting out apartments in quads is taking longer since they offer less amenities. Some of the new build SFHs are very affordable with in-house lender rates.

I've heard great things about the Columbus market. I work with investors in Huntsville, and there are big things heating up here, as well. Best of luck @Benjamin Ying