19 November 2024 | 28 replies
Quote from @Jonathan Greene: Never sell a high-performing property with no cap ex and low maintenance to buy another rental.
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20 November 2024 | 37 replies
Will you be needed for maintenance?
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20 November 2024 | 3 replies
This would make it into two, two bedroom units with the intent of making them long term rentals.I'm guilty of having a lot of projects going at once so my focus right now is bringing the cottage to a point to refinance out of the private money and either make it our primary residence for a year for the financing perks or to go straight into a short term rental.With the four bedroom house I'm trying to decide if it's worth splitting into two units or if I should keep it a four bedroom rental.The cottage I'm also tempted to do mid term with to lower the turnover and maintenance but open to suggestions.The third property I'll probably just let the current renters pay the mortgage for the time being if I'm able to acquire it anytime soon.
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20 November 2024 | 23 replies
Do you use anything for remote access for maintenance?
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18 November 2024 | 12 replies
I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.
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22 November 2024 | 15 replies
Plus look for a handy person to take care of any maintenance issues that crop up.You will need to look at each and every room with a critical eye of a guest and not the owner.
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5 December 2024 | 554 replies
But I really like bitcoin because there are no maintenance costs, tenants, turnovers, evictions, capex.
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18 November 2024 | 35 replies
The number of maintenance requests we get on dryers is stupid high.
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19 November 2024 | 3 replies
Easy and timely handling of maintenance requests.
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26 November 2024 | 46 replies
I was on the phone with the Maintenance Coordinator multiple times asking what was going on and if the tenant was breaking things or was it my fault as the owner.