All Forum Posts by: John Kunick

Robert, I own twelve SFH in Tulsa area. Could not imagine a better market. Friends of mine in CA were salivating when I told them the ROI and pro-landlord laws we have out here. Left you a colleague request with my cell # so you can call me. Be more than happy to share my experiences with you.

Jay, the lease is the key.  That is why I highly suggest having an iron clad lease and going over that lease in detail with any tenant before they sign.  We also then have a Move-in Letter that we provide to them the day of move-in that spells out the major points of the lease in common language.  We require them to sign the move-in letter.  Can't emphasize enough the importance of a strong lease.

Bob, was this property in question in OK or CO or elsewhere?  The laws in both states vary, but OK is a very landlord friendly state.  They must prove "negligence" which doesn't sound was the case.  

All of my leases include a clause about renter's insurance and in essence their consequences if they don't buy it.  In this case, it would seem renter's insurance would have covered their expenses.

Bottom line:  update your lease immediately.  And, when you sign a lease you need to specifically explain this portion and have them sign or initial that they understand it is voluntary but in their protective best interest to have renter's insurance.

Please text me the contact info for Himmer.  Thanks, Cain!

Hi, I need to do a re-roof at one of my rental properties in Tulsa, Oklahoma.  Any suggestions on who you have used that you would either highly recommend or conversely avoid?  I'm wanting a 30 year roof, but obviously want to get best price that I can without sacrificing quality.  Suggestions, please!

Jon, I'm an investor in Tulsa and own a dozen SFH. I managed my own until I got to 7 - for many reasons mostly related to learning the day to day side of the business. I then turned it over to my handyman and trained him to manage day to day. He fields all calls and makes all day to day decisions. The only thing I do is manage him, the accounting and then find/screen tenants when there is a vacancy. It really is not much work - and it sounds like you have the flexibility to do it.

Like everyone else has mentioned, it really comes down to how much time you have and what you consider your time is worth.

Hi David, best of luck with your ventures.

Leigh Anderson. 

Try Joe Mullis 9184886338

Good luck, Zach. Be willing to help if you want some perspective. I own 12 SFH.