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All Forum Posts by: Will C.

Will C. has started 9 posts and replied 272 times.

Post: settled sidewalk slab

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Ani Kap

Do you have a sledgehammer?

Post: One of my keys to success with my low-income tenants

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Derrick E.

Do you or anyone else on this thread using this method charge a little extra in rent for being flexible? I've thought about this and would think you can bump up the total monthly income by X dollars because you are offering a alternate payment schedule. In essence, still lowering the rent payment for the tenant but collecting more in the long run.

Post: Alcoholic Tenant Calling Police, Blessed Lawyer, and Devil on me

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Remington Lyman

Craziness aside and maybe I didn't follow your timeline exactly but why is there a difference in market rents between the units? Do they differ in bedroom numbers? Unit 4 you say is $1200 but the others are $920? And how did you renovate with a inherited tenant still occupying the unit?

Playing the devil's advocate, reading and imagining your tenants experience: "I just had too put up with living through a remodel and now this Ahole landlord wants to charge me $200+ more dollars than the other units, yeah right...walks to abc store".

Post: Contract left back doors open and I am out $2,000 in appliances

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Patrick Snyder

Check out Wyze cameras! Very inexpensive and they set up in minutes.

Post: LVP or Carpet for upstairs bedroom area

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Mindy Bowden

Not to mention slippery

Post: Please critique this flooring quote

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Ani Kap

Also, I would just carpet the bedrooms. Will be cheaper in the long run. Refinish if you plan to sell.

Post: Please critique this flooring quote

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Account Closed this quote seems high for me in Richmond Va. LVP should be about ~$2 sqft to install by flooring company (cheaper for handyman) plus whatever it costs to buy. So for example using the item# in quote, your living room/hallway should be $1400-1500 material+install, little more added to demo. They make shoe molding that already matches the LVP so not sure why they would be staining shoe, seems unnecessary for a rental?? I think the hardwood refinishing is about 1K too heavy too. Look on groupon for deals, I caught a refinishing deal once where three bedrooms cost a total of $900 to sand and refinish with 2 coats poly. 2 coats is a little slim but hey its a rental.

Post: Added a New Bedroom Now what?

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Bernard Sims

That I can't comment on. I would imagine with a tenant already in place they would not raise the voucher. That should probably have been done before securing a tenant.

Post: Added a New Bedroom Now what?

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Bernard Sims

Assuming the bedroom is up to code and your not selling at this point, why alert the officials and possibly get a new tax assessment = higher taxes.

Post: "MLS" Confusion-someone set me straight!

Will C.
Posted
  • Rental Property Investor
  • Richmond, VA
  • Posts 279
  • Votes 133

@Kyle Galloway

Ask a realtor friend to grant you guest access to MLS. You can't see all the private agent notes and some extra details but you can search and filter properties. Nice middle ground.

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