All Forum Posts by: Tami R.

@Keira Hamilton. Just out of curiosity how long did you own the laundromat. My husband keeps wanting to make one of our buildings into a laundromat and I am so hesitant seems like a lot of work.

@Kerry Baird this is crazy. I have been in Roofing industry for almost 25 years have offices in 3 states and I know how tough the insurance companies are. I have a team that just deals with them but never have I heard of this. How do they even know what is under the roof for felt... do you?

Insurance companies are making billions. They are getting out of the risky states, Cali is one. State Farm was getting out of there since last July. I work directly with Insurance companies and homeowners. It's almost impossible to get deductible amount on some instances and owners are paying out of pocket. Seeing this in Florida with the hurricane. Deductibles are so high. Exclusions etc.

I have an in house mgr that handles all my real estate. Looking for $ incentives throughout year on how she can make more money. Ideas. Ar, rehab, etc...

@Lawrence Barnes

I own a roofing company with 3 locations in 2 states so my answer is biased... replace the entire roof.

We run into this a lot. We usually buy bulk properties. Heres an example... I have a side by side duplex awesome location one unit was vacant so we did a small reno and charge $700 2 bedroom. The other has a guy that has lived in there for 15 years needs about $5k of work if he leaves but only pays $450. I decided to keep him he stayed 3 more years retired from the hospital we reno and moved rent to $700 and right now we our market is just not popping with good qualified tenants. I could have done the remodel 3 years ago but he was a great tenant, I made my numbers and now when I get the right tenant in we will make even more money.

@Sarah Pursell.... funny I just read your topic and I thought sounds like my jerk of a lawyer tenant of mine. I eventually told him that I dont know who the hell he thinks he is but I am not one of his clients and he will never talk to me again that way. He has been a lot better. I also told him I had low life drug addicts that had more respect towards me than he did

@Mary Mitchell. Didnt say that but you have solid citizen high quality tenants. Btw they smoke weed.

@Mary Mitchell I bet someone smokes in your rentals guarantee it! I dont think any of us really try to rent to dirt bags. The problem is that we are not there and people do things. I dont advertise smoke weed in my apartments I dont care! I also have about 200 units and driving by every unit or stalking their Facebook is not my top priority, If something comes up or during an inspection we see something we will address it. By the way rich people with good jobs that live in expensive houses smoke weed and do drugs.

@Anthony Wick. Feel your pain. I bought a 4plex same state 2 hours away. All empty. I would do same Thing