All Forum Posts by: Account Closed
Account Closed has started 6 posts and replied 166 times.
Post: No Cost Tenant Application Screening!
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
Does the applicant pay the fee? If so, how much?
Post: National Tenant Network?
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
I've been pleased overall with NTN. Learned that there is a gap in their reporting that can be filled though. I do a pre screen on my local court activity that they were not picking up. We have a website in Indiana that lists recent case activity. Found that applicants of current eviction activity was not covered by NTN.
Post: Repair or Buy Appliances
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
You should locate a good used appliance supplier. They will deliver and replace good apartment grade appliances at about $300 per pair. Let them handle the old units and take care of the tenant needs. Repairing them yourself can be time consuming, costly and painful for the tenant.
Post: Wooden stairs
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
I prefer the wood stairs. They sell a slip pad that sticks easily to the tread. It has a gritty surface that is likely safer than carpet and easier to maintain.
Post: Collecting late fees...
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
Do not excuse late fees. Keep them on account and deduct from the deposit later if needed. We use a notice to quit as an intermediate step prior to filing any eviction. It's a legal document that can get them off dead center and pay prior to any filing fees are incurred.
Post: Indiana AirBnB
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
Great topic! @Shawn Holsapple I've been interested in this for some time now and not put a toe in the water yet. Great to hear it's working Dan. @Dan Perrott Would enjoy learning more....what kind of prime locations do you believe work? Are there certain attractions that seem to get more bookings? Sporting events...college related...etc
Post: Turnkey markets. First time buyer
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
Hello @Abdul R.,
I'm a private investor that is moving toward retirement and transitioning my portfolio of turnkey units in Indianapolis over the next few years. I remodel them with my crew and rent them out to great tenants. I have some great units fully remodeled and cash flowing nicely if you would like to review them.
Post: what's the best flooring?
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
Depends on price of property...higher end properties would be hardwood/ceramic. Lower end vinyl/laminate. Avoid carpet in lower end as it becomes a disposable item.
Post: AC unit replacement
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
did they give you a specific problem diagnosed to be sure you need a new unit?they are quick to put a new one in
Post: Indiana investing
- Professional
- Noblesville, IN
- Posts 222
- Votes 66
@Ken Cooper As a Kokomo native, I would say the market there is much more eradic than the Indy market. It's on a strong upswing right now...but is subject to more fluctuation due to being heavily dependent on Chrysler. Many small companies have sprung up there recently. Would have been a great bet about 3 years ago. Not sure about PMs there.