Repairs/Rehab Archives

Attention Landlords and Property Managers

In my neck of the woods, we are having record setting extreme cold temperature that seem to keep lingering on and on. In the past, we are use to having a spike for a day or two and then warm weather returns.

This year, right now, Alaska is warmer than my hometown here in Louisville, Kentucky.

Frozen pipes can be a devastating blow to your wallet and bank account, especially when it seems to never leave.

Keep in mind, in my “Landlording On AutoPilot” system, we send a Resident Newsletter with each monthly billing of rent to our residents. Plenty of winter cold weather tips are always in each newsletter before the season hits us.

This year is different. It feels like we are living in the arctic or Siberia. In an effort to try to keep plumbing cost down, I created this email to send to all of our current residents.

Please note, I understand not every resident will follow these instructions, but if one resident does follow these instructions you have save money, time, and grief.

 

Here is the email. Feel free to steal and paste (copy and paste) to send to your residents (tenants).

Subject: “WARNING! How to Prevent Frozen Pipes and Headaches!

BODY:   

EXTREME COLD is happening and TONITE!

RECORD COLD Temps below ZERO

TIP: How to keep your pipes from freezing Click Here for Full Video/Article (Members Only)

How To Screen Contractors On The Phone

Short video

Click Here for Full Video/Article (Members Only)

Landlord Training – Tenant Challenges Part VI

This is a on demand preview 

 

Click Here for Full Video/Article (Members Only)

Simple, effective monthly newsletter for your Tenants

this issue emphasizes Cold Weather Tips

Click Here for Full Video/Article (Members Only)

Independent Contractors are a critical component of every real estate professional.

Discover the Do’s and Don’ts to protect you, your family, and your business along with good solid business practices for tax time reporting.

This short video is Part 2

Click Here for Full Video/Article (Members Only)

Simple, Affordable, Air Conditioner and Heat Pump Security System

Are you sick and tired of expensive cages? Take a look at this

I Could Not Believe It.

Is This Really True?

It Is In The Planning Stages Now

The Federal Transaction Tax!

President Obama’s finance team and Nancy Pelosi are recommending a 1% transaction tax on all financial transactions.

It is true.

The bill is HR-4646 introduced by US Rep Peter deFazio D-Oregon and US Senator Tom Harkin D-Iowa.

Their plan is to sneak it in after the November election to keep it under the radar.
See what Nancy has to say about this wonderful idea!  http://tinyurl.com/24dn5ud

It’s only 1%! This is a 1% tax on all transactions to or from any financial institution i.e. Banks, Credit Unions, Mutual funds, Brokers, etc.

Any deposit you make will have a 1% tax charged.

Any withdrawal you make, 1% tax.

Any transfer within your account, a transfer to or from savings and checking, will have a 1% tax charged.

Any ATM transaction, withdrawal or deposit, 1% tax.

If your pay check or your Social Security is direct deposited, 1% tax.

If you carry a check to your bank to deposit, 1% tax.

If you take cash in to deposit, 1% tax.

If you receive any income from a bond or a dividend from stock, 1% tax.

Any Real Estate Transaction, 1% tax.

This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax! Remember, he is completely honest and trustworthy.
Keep your eyes and ears open.

Folks, Nancy says this would be a minimal tax on the people, but 1 percent every time you pay a bill or make a deposit is not minimal. This would no doubt tax investment transactions as well as bank account transactions.

Excerpt from American Debt Relief

Contact Your U.S. Representative AND U.S. Senator Now

Here is the Link for fill-in-the-blank email to Your U.S. Representative

https://writerep.house.gov/writerep/welcome.shtml

 


 

 

QUESTION: From Guy D.,

Recently a Section 8 person moved in and we noticed some hallway fires being set by her kid. He set a paper sign on fire but it didn’t do any real damage and we couldn’t prove it was him. However on Christmas Eve, this tenant broke our rules and left a box of clothes in the hallway and then someone put a cigarette butt into the clothes and it started a hallway fire and did a lot of damage and smoke and the fire department had to be called. This tenant is leaving now voluntarily, but should we report her to section 8 and risk having to spend money fighting her to evict her in court or should we just let her leave and report her later to section 8 after she is not an additional expense to us? We are afraid that the cost to evict her will not be paid by Section 8 and that we can’t make fire claims against Section 8. Is there any type of Claims we can make against Section 8 to pay for the Fire Damage, etc.?

Thanks Mike

Guy in D.C.

 

ANSWER:

Recently we rented to a Section 8 person Family on Section 8 moved in and we noticed some hallway fires being set by her kid.

How?, Photos? statements? What is your proof?

 

He set a paper sign on fire but it didn’t do any real damage and we couldn’t prove it was him.

Then you can’t say “He set a paper sign on fire”.

 

 However on Christmas Eve, this tenant broke our rules

“our rules?” is the “our rules” spelled out clearly in your… Click Here for Full Video/Article (Members Only)

Just in case you have not heard about it, the new federal law scheduled to outlaw 100 watt light bulbs has been shot down.

Before being shot down, this new federal law scheduled to take effect in January 2012, outlawed 100 watt incandescent light bulbs. Edison would roll over.

Stay tuned for the fantastic educational video on lighting from Peter Konopka (this training was done before they shot down the new federal law)

Check out this just in time for Turkey Day and cold weather checklist.

(Members get to download the newsletter and cold weather checklist by clicking the link below)

Click Here for Full Video/Article (Members Only)

 Page 1 of 2  1  2 »