(Topic ID: 257412)

Any landlords here? Please post tips and stories

By JohnnyPinball007

4 years ago


Topic Heartbeat

Topic Stats

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Topic poll

“Rental property, yes, no, or thinking about it?”

  • Hell no, I do not want the hassles 35 votes
    25%
  • I love my rental properties 48 votes
    34%
  • I have been thinking about doing that 28 votes
    20%
  • I used to and called it quits 31 votes
    22%

(Multiple choice - 142 votes by 141 Pinsiders)

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#140 4 years ago
Quoted from Reality_Studio:

That's what my property manager does. She gets the rent check from the tenants, writes me a check for my cut and then drops it off usually same day at my place. She lives near me so no need to mail it. I do wish she would do it electronically as I do all my payments that way but she is old school on that and wants to give me a check I scan her check via phone app and deposit it same day that way.

reality studio,do you have any info or advice on investing in condo/apt in the fresno/clovis,bakersfield area?

#158 4 years ago
Quoted from Whysnow:

no, I end the lease at its normal conclusion and find new tenants during the best time of year to do so.
Given that we live in 4 season weather, I dont want to have a vacancy in Nov (I perceive that to be the worst month to start a vacancy as nobody wants to move with Holidays and then snow flys till March) . I dont allow month to month because of that.
I sign or renew for full leases.

That's extreme

#167 4 years ago

What's the minimum threshold for margins on the monthly rent amount ?
.
Is 30% any good, if not what's the least acceptable percentage?

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