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6 October 2024 | 36 replies
I tried to estimate 20% higher on repair costs since i do not have a wealth of experience estimating yet, there is some minor water damage, and some heating and electrical that needs to be replaced, which is where most of the expense came from.
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30 September 2024 | 4 replies
We also try not to install fridges with water dispensers or ice makers but if we do, we put in our rental agreement that tenant is responsible for any repair to water/ice makers.
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1 October 2024 | 2 replies
The onsite-manager’s unit had a concrete floor which sometimes got wet from water coming over the sill in big storms.
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27 September 2024 | 14 replies
I'm used to multifamilies where each unit has its own water heater and furnace.
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1 October 2024 | 5 replies
Also there isn't as much appreciation in the area, it takes longer to evict (MUCH longer), and they have lien-able water and gas - so if someone skips out on the bill, it's on me as the property owner.My point is, high taxes are just one consideration but not an end all be all.
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1 October 2024 | 7 replies
I have water damage in one of my properties in MD, and the IA is playing hard ball.
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1 October 2024 | 4 replies
Purchase price: $205,000 Cash invested: $27,112 Bought for $205,000 in the Maine-Endwell school districtMonthly rent (pro forma with 3 month stabilization) $4,800Taxes: $9,238Insurance: $2,642Gas/electric: $0 Water/sewer: $2,451Total expenses: $14,280 I used a conventional 10% down.
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1 October 2024 | 29 replies
. - if the city water pressure is low in your area you might need a fire pump which could double the cost of your sprinkler system.
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30 September 2024 | 26 replies
As a seller you just have to ignore their outright lies and marketing shenanigans and resist their attempts to buy low.
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30 September 2024 | 12 replies
Have the furnace, A/C, water heater etc all on a schedule to have inspected and serviced.