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2 January 2025 | 6 replies
I feel like marking up repairs is paying twice.
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31 December 2024 | 32 replies
I've had a lot of large repairs in the past year that just kill the cash flow.
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2 January 2025 | 2 replies
It couldn't hurt to call a couple attorneys right away to see what they say in terms of cost and suggestions for dealing with this quickly.In terms of mitigating any legal issues with your tenant be sure you are documenting every conversation you have had with the HOA in terms of asking them to make the necessary repairs.
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8 January 2025 | 33 replies
I could easily train virtual assistants to handle these payments and have an app created for encrypting sensitive data for facilitating the transactions through financial service partners from my main line of business.
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3 January 2025 | 12 replies
I feel as-is, I can get around $120k after cleanup and some minor repairs.
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3 January 2025 | 5 replies
It's what you paid, minus the value of the land, plus what you spent on long term repairs (roof, furnace, etc.
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19 January 2025 | 51 replies
A few others have called out Hemlane, who appear also quite responsive here on BP and also offer a degree of repair/work order management baked right into their middle/upper tier offerings (versus having to bolt-on as with RentRedi + Latchel).
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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.
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7 January 2025 | 19 replies
@Jeff G. some well intended and mostly true assistance posted so far.Let's look at "logical" answers:We're going to assume only 4 Classes - A, B, C & D.- Some people go to F, but what's the point?
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8 January 2025 | 10 replies
I would add to this account every month, allowing me to pull from it whenever there was a large repair or capex event.