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Rent by Room REI is happening in 23 days
Deposits & late fees
Quick question: How are you coming up with security deposit prices for your units ? are you charging a certain percentage ? half of the rent ? or same as 1 month rent ? Also, what about late fee ?
End of Year #'s
For the Padsplit properties it is looking like Dec may be on par with my March month, at least I hope. :) We should come in over $220k gross. The good news is my net is higher than I thought, currently @ $77k without Decembers income yet. For my independent property I just had my first profitable month @ $690. LOL Hey, I will take it, especially trying to fill vacancies during the holidays. 2 vacancies left in the solo house and also 2 for the Padsplits. Happy Investing!
End of Year #'s
Cameras
Where do you put cameras in your Coliving properties? All common areas, entrance and backyard?
Mini Splits?
Do you all use mini splits throughout your rent by rooms? Or do you just control the centralized thermostat?
3 hours until this month's call!
Hey all! I'm looking forward to this month's call. I've got lots of fun news to share :D as well as some drama >.<
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