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7 February 2025 | 0 replies
We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes.
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11 February 2025 | 19 replies
Originally posted by @David Hines:I would recommend checking their comps and repair values very closely.
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7 February 2025 | 6 replies
Quote from @Laura Higgs: The Roi combined for 3 duplexes after repair will have an ROI of 4.47.
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19 February 2025 | 6 replies
Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move.
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21 February 2025 | 6 replies
My business could then pay the utilities, property taxes, mortgage interest, insurance policy, and home repairs.
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11 February 2025 | 2 replies
“What if the repairs are too much?”
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22 February 2025 | 16 replies
In simple terms, it says you shouldn’t pay more than 70% of the property’s After Repair Value (ARV) minus the cost of repairs.
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20 February 2025 | 46 replies
When they move out and i paint over the spackle repairs it is usually undetectable.
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14 February 2025 | 2 replies
Here’s how:Property Management: Outsource for $25/hour instead of spending your time on tenant issues.Administrative Tasks: Use virtual assistants for scheduling, bookkeeping, or paperwork.Maintenance Coordination: Delegate routine repairs to trusted contractors.The cost of outsourcing is often a fraction of what your time is worth, freeing you to focus on high-impact activities.
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4 February 2025 | 24 replies
I’ve gone through purchases, sales, 1031 exchanges, remote inspections, and repairs, all handled smoothly with minimal involvement on my end.