BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 11 months ago,
Got a quote for maintenance work, am I being overcharged?
Bought this home back in April. There's a tenant living in it and he's been there for 3years. The home is in pretty good condition interior and exterior. I was thinking I would reinvest some of the rental income to make some minor repairs/maintenance around the home. This is a long distance investment, and the quote is from a handyman. He was referred to me by a trusted local contact and also has good reviews online.
-Gutters cleaning: $350
-fix broken downspout: $300
-fix loose siding: $250
-carbon monoxide detector: $125
-bath silicone: $100
-deck boards: 3-4 are bad need to be replaced
What does everyone think. Is this a fair price?
edit: home is a 900sq ft rancher