All Forum Posts by: Stephen Haynes

RUN!!!!!! 

I just picked up 23 property manager that had tenants that signed a lease in 2014 but me thinking something was off realized that the lease's were on a 2016 C.A.R. form so it proved fraud on the others part. Get them to provide estoppel's for each unit.  

You can also change the due date of the rent I have one tenant that gets paid once a month on th tenth that was going through a divorce when she moved in so I changed the due date and raised the rent $25 per month. She hasn't had a late payment since we changed the due date that was around six years ago. 

Real Property Management Reno/Sparks.

I personally like Real Property Management Dallas Fort Worth.

I would still do my due diligence on the people living in the home.

I have a fourplex with a leased coin op laundry machines in it. I pay $41 a month and get about $20 in quarters back so the next fourplex I picked up I went to home depot and bought a scratched and dented set spent $700 and I now let my tenants use it free. instead of losing $20 a month and having to go over there to empty it. If it were an 8 plex or above I would go back to the leased route where they maintain the machines and everything because I would break even or come out a little above. 

Just my thoughts I hope this helps.

Best Regards

with a septic tank you need to budget in pumping cost and with it being a rental I suggest pumping every 3-4 years. you also need to limit the amount of bleach products you use because it kills the anaerobic bacteria that makes a septic system work properly. You can find out a wealth of information from NOWRA  basically the national organization for septic systems.

Best Regards,

Stephen   

Good Morning Teresa,

I am the Business Development Manager  for a property manager in the Sacramento area. If you would like to talk. PM me. Congratulations on your new purchase.

Best Regards,

Stephen 

I would see what there fees are for just letting the tenant remain on a month to month contract after the original lease expires. The $25 increased rent is a little bonus for not having the length if I let the tenants just go month I would also increase the rent for the lack of certantity on how long they will stay. Just my way of doin things though where is the property located?

You might try Lyday home plumbing they are Kansas city Kansas