Comments for Fix em Up Rent em Out

Comment on Masters of Our Fate (video) by vizio xvt553sv deal

vizio xvt553sv deal — Sun, 05 Feb 2012 20:24:14 +0000

vizio xvt553sv deal…

[...]Masters of Our Fate (video) « Fix em Up Rent em Out[...]…

Comment on How I Claim a Tax Deduction for Travel to Rental Properties by admin

admin — Tue, 31 Jan 2012 18:15:56 +0000

Chuck,

Yes, you should definitely include miles driven for looking at future properties in your milage count.

Comment on Working and Living in Harmony with Your Values by admin

admin — Tue, 31 Jan 2012 18:04:52 +0000

Chuck,

I know that feeling too.

Even though I can fit in most of my real estate duties on weekends and evernings, sometimes worlds collide and both job and RE demand center stage.

Comment on Working and Living in Harmony with Your Values by Chuck

Chuck — Sun, 29 Jan 2012 18:10:37 +0000

Terry,

I am at this examination point right now. I am keeping my day job so it’s not a matter of quitting or staying – It’s more a question of climbing the corporate ladder, management positions, etc or just staying in a comfortable position that allows me time to play with RE on this side.

I would like to do both, but one or the other is going to suffer…

Comment on Avoid Perfectionism with Fixer Upper Houses by Chuck

Chuck — Thu, 19 Jan 2012 04:10:45 +0000

Terry,

“you concentrate on fixing code violations and creating a clean, safe, livable house.” AMEN…

Love my Habitat store too…

Comment on How I Claim a Tax Deduction for Travel to Rental Properties by Chuck

Chuck — Tue, 10 Jan 2012 22:12:56 +0000

Terry,

Out of curiosity, Do you also deduct miles driven looking for future properties that you might purchase? I am usually doing this while I am driving by my properties, but on occassion I make a special trip just to “Drive for Dollars”.

Ch.

Comment on What to do if your tenant wants a pet? by admin

admin — Wed, 28 Dec 2011 14:42:33 +0000

I like your idea of charging $500 at move in. Has anyone ever balked at that?

Most of my tenants have pets, but I don’t have any data supporting the idea that they stay longer if they can have pets. It just intuitively makes sense to me.

Comment on What to do if your tenant wants a pet? by Chuck

Chuck — Sun, 20 Nov 2011 18:12:37 +0000

Terry,

One thing I started doing is to charge a pet FEE at move-in of $500. Note this is a pet fee not a pet deposit. I explain this to them in detail and have them sign a receipt that says such. I also have on that receipt and in my lease that pit bulls are not allowed.

This also allows me to charge slightly less than a full months rent as a deposit and makes the move-in more attractive and affordable for the non-pet owners. I have collected 2 pet fees so far and the tenants did not complain.

I would tend to agree with you that it makes sense pet owners might stay longer, but I have not been at this long enough to know for sure. Based on your experience what have you noticed?

Thanks,
Chuck

Comment on Increase profits by improving your rental property by Real Estate Investor Website Software

Real Estate Investor Website Software — Fri, 26 Aug 2011 09:16:25 +0000

Thank you for this blog. It has a lot of great information and some great contributors.

Comment on It’s Never Too Late to Start with Rental Houses by Simon from real estate investing

Simon from real estate investing — Sat, 30 Jul 2011 19:16:38 +0000

Great article!

There are now more tenants than most other times because lots of people can no longer afford mortgage payments. And more and more people who get their houses foreclosed every month become new tenants.

As long as you can buy the properties low enough and get low interest rates, it’s a good time to buy rentals!