Rental Property: Progress on The Repair

#landlord #rentalproperty

I’m happy to say that one progress has been made ever since the pipe leak. My tenant ha moved out and full carpet replacement is expected to happen within this coming week.

Garage has already been completed with new drywall and paint but the annoying part is that they literally only painted areas that were impacted by the leak. Nothing more than what they are obligated to cover repair wise. So I am waiting for someone to get back to me when they find the actual name of the paint used to continue the last untouched areas with new paint.

The other nightmare I witnessed well just slightly a arm of a frantic is when I saw someone did not wipe their feet off of the rug in the front door but instead tracked mud on the carpet leaving a stain. Luckily this is on the old carpet and not the new one so I have purchased booties and will lay flattened cardboard around to keep anything from being up the carpet.

But I hadn’t realized how much time could be taken away from showing to possible renters as I have to halt on showing until those repairs get competed hopefully within the next two weeks. Boy! What a busy April.


Front Load Washer: What You Should Do If Water Won’t Drain Until It’s Repaired

Before I left for vacation my washer decided to stop working. It would just randomly fill up with water a day or two after washing.

I couldn’t figure it out. I tried testing different scenarios to see where the water was coming from but nothing made sense.

Rental Property: Close to Getting Repair Work Started

It’s been a long 2 months going on 3 when the pipe leak occurred and I’ve been waiting for the insurance companies from my side and the condo’s to settle on an agreement for repair coverage.

But the thing is staying on top of people has never been more important than now. Not until I became aggressive and pressing the matter did I see progress.

How-To: Prepare for A Tenants Departure from Your Rental Property

Whether you are a rental property owner or a tenant here are a few important things to be mindful of before you move out.

Make sure property is in the same condition before you moved in.

I know it is always said to take pictures, but sometimes you may not have taken enough pictures or at least of the simplest thing that might cause a disagreement on whether or not the tenant is responsible if damage occurred. But having this handy backup reference is key to knowing what updates should be done upon tenant leaving.

Gas explosion prevented

Rental Property: Scary Gas Leak Explosion Prevented

Whether you own a home or are renting it is important to ensure all dials are turned off from any gas-triggered appliance.

In my case no one was inside the rental property when the gas was detected. But here are some known ways to detect a gas leak:

Rental Property: A No Show & A Peek-a-boo Hiding House Sitter

Here’s an image for thought. I drove to I guess the southwest side of Chicago. I was so eager to go until I drove up and the agent tells me the owner wants to sell the building for little of nothing, jut take it off my hands he said. I thought hmm. Well, my grandma was with me this time and boy her looks said it all. LOL.

The worst part about it, never got the chance to look inside because one pretended to not know visitors were coming and looked disheveled while the other person never came out because they were too busy enjoying their hallucinations.

Peek-a-boo House Sitter

Never imagined I would walk through a Chicago house that is empty and looks as such but really when you start walking around inside to view the premises – you happen to find what looks to be like two bedrooms. But so odd the doors would be closed. Well, someone was hiding inside.

It was awkward because I think I had already made lewd comments about the place after walking in but now I couldn’t say anything. And who turns a basement that has a very big street like sewer hole with a cover into a bedroom. Thank god I am goofy because these places break my heart and really crack me up.

What Type of Real Estate Investor Do You Want to Be?

There’s different types of real estate investors: Landlords, Flippers and those who buy and hold. But who do you want to be? We will only discuss Landlords to save on reading time 🙂 

Seller Agrees to Repair your Real Estate or Rental Property: Checklist the Progress

You found a home or investment property you like, but works needs to be done and the seller has agreed to make repairs. Here’s some tips to make sure you are covered in case anything goes wrong during the completion and after you’ve moved in.

Avoiding An Investment Property Dud

How to Find & Negotiate Your Next Real Estate Property Bargain

Finding a good home or investment property requires having the right people in your corner who understands, and can represent you well to ensure you’re protected and you made a solid purchase.

Handle Your Money Smart: Start A Business, Create an LLC

Starting a business can be scary but it’s really easy. In fact, I did some research and stumbled upon all the necessary steps nestled into one simple itemized list that I just danced around and waited until of course the government shutdown to submit my application because I thought I was close on finding another property but needed to have my LLC in place.