All Forum Posts by: Tony Tran

@Colleen F. @Heidi M. 

After the year, I will consider a turnover if things do not settle. For future reference, how do you avoid these "types" of tenants? It has been difficult to tell until they have settled in.

Tony

@Account Closed 

The best to you too! 

Tony

@Kyle J. 

What are some ways to "train" the tenants? I don't want to be babysitting the tenants during the "training".

Much appreciated!

Tony

Thanks everyone! @Joe Moore @Account Closed 

This was very helpful. Some key points I took from this are:

• Negligence equates to charging tenant
• Possible month to month leases
• Customer service driven handy people
• Add clause for minor or negligence to lease
• Keep visual records

Tony

@Account Closed 

Haha nice! Love the video.

Heck yes! I have been waiting while for this. Android app is next? :)

Tony

@Account Closed 

For every turnover, I have a team make to make sure the unit is rent ready. They confirm and take pictures of the work performed. It just seems like the tenant is finding a way to get the contractor to go there for maintenance. 

For example, the electric outlet was recessed in from the wall. This was not the case during the turnover. There were several times worth of toilet clogging and unable to flush (the plumber found a toy in the P-Trap and newspaper the other time). Another is a hole in the wall. To me, it sounds like tenant induced maintenance?

My dilemma is, it is a 1 year lease, the tenant pays relatively on time, but high maintenance orders in comparison to the others. 

Tony

@Nick Jenkins 

Another Californian, love it! Welcome to BP.

There are a bunch of podcasts that covers wholesale and how to setup contract deals. Some tips:

• BP has a lot of resources for you.
• Create a large enough investor pool (these are the people buying your homes)
• Understand CA rules for contract sales
• Have fun and make lots of money! :)

Tony

@Nathan Emmert 

They are on year leases. The cash flow is still good, but it is just consistency higher maintenance cost than the rest of the units.

@Sean T. 

Thanks Troy! The units are handled by the PM. I'll have to see if they can have their vendor do this for any upcoming maintenance issues.

Any other suggestions?