All Forum Posts by: Marci Stein
Marci Stein has started 209 posts and replied 938 times.
Post: Signing leases, how much time do you give?

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
I would respectfully let them know you expect it back by 5 PM the next day .
if they are not time conscious with the lease, they will probably often be late with the rent
Post: Property shark site

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Thank you so much for this very helpful reply. I will be in touch with you.
Post: Property shark site

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Has anyone used the property shark site to buy homes? I understand it’s a list of foreclosures .
wondering if it’s worth it ?
please give feedback if you have experience.
Much appreciated.
Post: Great house but well issues

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
This is very interesting and informative -thanks!!
Post: Great house but well issues

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Interesting thought- I really don’t know. But as a flipper, I’m not sure that would be a selling point. Lol
Post: Great house but well issues

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Found a wonderful house in a great area. My offer was accepted,
but then I found out there are two wells on the property because they tend to run dry if no rain for a long time .
the owner once went two months without water, but that was the only time in 10 years She went more than a few days.
Has anybody ever dealt with this before? I hate to withdraw my offer, but if no solution then this is a dealbreaker. Ty!!
Post: Buying a home but scared to have tenants.

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
In order to give advice we would need to know what it is you’re afraid of .
in genera I can tell you if you screen Tenant very closely , make sure they have reliable jobs and rental history uou probably don’t have much to fear.
Post: Applicants past landlord won't give rental verification

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Previous landlord is just one part of the process. A strong work reference would be good , as well as a nice credit score.
Post: Suggestions for Inexpensive Upgrades

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
Paint the cabinets white .
put on beautiful new knobs .
add a backsplash to the kitchen and perhaps the bathroom
Post: Should I sell or hold?

- Rental Property Investor
- New York, NY
- Posts 953
- Votes 508
It’s a unique situation since the property was bought for your own use.
Therefore, it has to be an enjoyable environment for you, which you can comfortably afford .
making a profit is irrelevant since it is not used for investment purposes.