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Updated about 3 years ago on . Most recent reply

User Stats

37
Posts
12
Votes
Reagan Huefner
  • Contractor
  • Roosevelt Utah
12
Votes |
37
Posts

House hack maintenance

Reagan Huefner
  • Contractor
  • Roosevelt Utah
Posted

Hi BP. I just bought my first duplex house hack a month ago, and I’m wondering how best to handle maintenance. I have a separate savings and checking account for the property. I was planning on using the checking account for receiving rent and paying the mortgage. The tenant pays $750 a month for an out dated unit and the total escrow is $1180. I was planning on covering the rest of the escrow and putting an additional $150 -$200 a month into the savings for maintenance and cap ex. Is it best to use my personal card to buy things for the house, or the card for the property checking?

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