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Updated over 8 years ago, 08/22/2016
When do you do the major renovations like roof/hvac
Let's say you have a tenant in your rental but the time comes for replacing the roof. What do you do? Do you have to wait for them to leave and do this "between tenants" or do they suffer through the process and get compensated somehow?
Sorry if this is a stupid question! I don't live in the US and frankly, I don't get the whole roof "thing". Over here, you keep the same roof for decades. You can fix a tile here or there but even that doesn't happen to often. I don't know much about American roofs (sorry! I know it sounds silly!) I just keep hearing people say that the age of the roof is important when you buy a house because you're going to have to replace it sometime.