It was another good day in the rental business. Today, I rented my one bedroom apartment that I have been rehabbing. This was one of the units that slipped through the cracks as I was building my business. The rehab has been 95% done for a couple of weeks and I just need to put the finishing touches on it. I had a guy look at it today and he immediately gave me the security deposit to hold the property for him.
The tenant for the 3 bedroom section 8 house I rented, finally got all the utilities changed over into her name today. So, I met her at the house to give her the keys (I already had her deposit). I also installed some termite spikes at one of our apartment buildings where a few termites appeared today (it's termite swarm season here in Ohio).
I also had a talk with the relatively new tenants in a one-bedroom apartment at the Pink Elephant. These tenants apparently like to stay up all night and make a LOT of noise. The other tenants are NOT amused, nor am I.
While I was in the mood to talk, I had a discussion with the landlord of the building next to the Pink Elephant. There has been a lot of drug activity there and I asked him to do something about it. He's pretty much an absentee landlord and I have my doubts that he will cooperate, in which case I'll complain to the local nuisance board and he'll get fined.
Michael Rossi's Blog
The purpose of this blog is to give you a look at the daily life of a rental property owner. It's not all sitting on a yacht like you see on the TV Infomercials!
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Thursday, April 16, 2009
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