All Forum Posts by: Tylere Weaver

I know when I have set goals on how much I would like a property to perform it's so easy to then work backwards and meet those goals.  So maybe you could look at the property and figure out what it is lacking in order to get market rent and then do that.  

you have to honor the current lease but let them know when you take over what the plan is. If you can do some improvements that won't affect their living there then slow down the work raise the rent. Spell it out for them. New lvp in apartment rent is going up 150 bucks. Tiles bathroom surround rents going up 100 bucks. Idk if they would love new windows or roof that's a hard roi to pull off. Curb appeal might have an increase in the ROI as well. Just showing you care and providing a service they will be excited to have it freshened up and then having a great spot they will be cool with the rent. I just raised two properties 30% in one shot. Both tenants said they knew it was coming and we're glad to resign the lease as they had been looking and knew they were underpaying and even with that jump it was below what they could get not to mention the money required to move and get into a new place.

make sure your lease has an escalation in it for each year.  That way when they re-up they already know how much more it's going to be.  Even if it's 50.00 bucks its gonna increase and that my friend is dinner with the wife money. 

So there's a property in a small town near where I live that would be a great addition for me.  The listing has been pending for 6 months now.  Nothing has moved.  I know it's stupid and I should just call myself.  But should I call the listing agent and ask what's going on or would that be better for my agent to make that phone call.  Any input would be 👍

sounds like she needs to leave.  

Let's connect.  I'm currently living in upstate New York but we are looking to relocate to greener pastures.  We are rei currently and open to different investment strategies.  Our plan for relocation is a brrrr or house hack. 

thanks. 

I'm a local landlord.  I am not looking to sell but have lived in and invested in the area for the last 23 years.  Feel free to send me a dm if you wanna connect 

Congratulations on your first.  That's so exciting.  I have used Sam Bloomberg @ [email protected]

he has come highly recommended and is a real estate tax guy.  

for a lawyer what type are you looking for?  Are you in state or out of state investor?  What area did you purchase in?  Is it all ready to rent out or is it in need of some loving? 

In the past I have used an ozone machine I got from Amazon.  It helped.  I did ended up ripping up the floor in one project and replacing the sub floor and some joists.  On another project we sanded the floor down and we sealed it with kilz original.  The one we are currently working on has it in the concrete.  We have used a urine product from zep and scrubbed that down.  I'm not so sure it's gonna work however.  If it doesn't work we might pour floor leveler over the floor.  But the ozone machine is a great starting point.  

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