All Forum Posts by: Patrick Hancock
Patrick Hancock has started 21 posts and replied 95 times.
Post: Landlords of 5–50 units - how do you actually keep track of everything?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
We use Buildium and absolutely love it!
Post: Which color to paint inside apartment?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
We primarily use repose gray.
Post: Networking events in the Orlando, FL area?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
Sounds great Bill! Have a great weekend!
Pat
Post: Networking events in the Orlando, FL area?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
Hey @Bill Cole!
We have a monthly Lunch & Learn networking event at the office that you are more than welcome to attend! Usually it is on the last Friday of the month. This next one is next Friday August 1st.
Post: Looking for Advice/Mentorship just starting out
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
If I could go back in time and house hack I would!
Post: Managing 5 to 20 properties
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
We are currently managing just under 70 doors and use Buildium. I've used several over the past twently years and like this one the best so far.
Post: Exterior painting advice. Is this reasonable?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
Hi Murtuza!
Yes HOAs can definitely be frustrating! That quote seems extremely high. We've got several painters that can provide quotes if needed. A good quality paint should last longer than 6-7 years.
Post: Pets allowed, dogs , cats, both?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
Definitely pros and cons with both cats and dogs. As you mentioned there is always the chance a dog bites but cats can cause issues as well. I've seen on many ocassions where prospective tenants will not lease units where there have been cats due to serious allergies. Our managment company leaves it up to the owners to decide and most have no issue with pets. We do make sure to collect a pet deposit.
Post: Insurance costs through the roof!?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
All of our properties are located in Florida where insurance has increased significantly over the past year. However, we have only seen the increase on our properties that are closer to the coast and our older properties. The newer properties located in Orlando have not seen an increase. They are all longterm rentals.
Pat
Post: Is this caluclation too simple?
- Real Estate Broker
- Orlando, FL
- Posts 100
- Votes 104
@Brock Mogensen thank you and DM sent.