Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
For those of you who own rental property in OK...
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="bigfug" data-source="post: 3233079" data-attributes="member: 4864"><p>We have 10, most are problem free. We own homes in low crime areas, we look at schools, and ease of access. Single family homes, buy cash as is, with fairly new roofs and heat/air, as those are the two most expensive things to fix. Run a background and credit check, check OSCN. All our homes rent from 1k-1500, so usually out of the price range of most trouble makers. Around $1 per foot, or 1% of purchase price is what we try to stick around. We drop off or replace air filters at all the homes as its easier/cheaper than paying to fix the hvac. So far only one house has been a problem, and since they are month to month, we just asked them to vacate. Deposit is gone, and we'll put more into the house. They have been there 5 years, but we replaced the fridge the other day, and it was infested and disgusting, cabinets broke etc. We'll have to put some money into it, but on this one, I'm looking into having yards sprayed for weeds and bugs, and offering additional services like mowing and alarms. I think the investment in spraying is worth it as it adds to curb appeal and maybe the tenants will take a little more pride in the home.</p></blockquote><p></p>
[QUOTE="bigfug, post: 3233079, member: 4864"] We have 10, most are problem free. We own homes in low crime areas, we look at schools, and ease of access. Single family homes, buy cash as is, with fairly new roofs and heat/air, as those are the two most expensive things to fix. Run a background and credit check, check OSCN. All our homes rent from 1k-1500, so usually out of the price range of most trouble makers. Around $1 per foot, or 1% of purchase price is what we try to stick around. We drop off or replace air filters at all the homes as its easier/cheaper than paying to fix the hvac. So far only one house has been a problem, and since they are month to month, we just asked them to vacate. Deposit is gone, and we'll put more into the house. They have been there 5 years, but we replaced the fridge the other day, and it was infested and disgusting, cabinets broke etc. We'll have to put some money into it, but on this one, I'm looking into having yards sprayed for weeds and bugs, and offering additional services like mowing and alarms. I think the investment in spraying is worth it as it adds to curb appeal and maybe the tenants will take a little more pride in the home. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
For those of you who own rental property in OK...
Search titles only
By:
Top
Bottom