A check-out list of suggestions for restoring the property to move-in condition, to enable the full return of their deposit.

We just had an eviction thrown out from over a year ago on a property we manage, (eviction was not done by us) the judge communicated that an eviction is only to remove tenant from the premise and restore your possession. 3) I'm not sure there's a perfect answer here but what we do is include a clause in our lease that we will move the items to storage for 30 days and the tenant can pick them up at their cost. 4) May be worth it but most of the time it is not in my experience.

These evictions have not only resulted in lost rent but have also led to significant renovation costs to restore the properties.For context, I have had a property manager since 2018, and everything was fine until two years ago when the evictions started.

Investment Info:

Single-family residence fix & flip investment in Portsmouth.

Purchase price: $240,000

Cash invested: $180,000

Sale price: $789,000

3 Story Victorian build in 1900

Purchase price: $160 Cash invested: $108 Sale price: $355,000 Vintage 1900 2 Story 1650 Square FT Complete stud to stud restoration What made you interested in investing in this type of deal?

Start slow and small.5) These prices where somewhat possible back in the day 2011 and 2012 with various restoration companies working for banks and doing bank foreclosures.

Then, you can refinance both of those VA loans into conventional, keep them as rentals, do what's called a "1 time restoration," restore your VA entitlement, and repeat the process again.

Short backstory; I’m a licensed builder in MI and have been on my own for 1.5 years completing structural restorations, insurance claims (roofs, siding, floods, etc), and about 15 or so bathroom remodels.

You can find some really high-quality, durable, timeless stuff at Goodwill and ReStore!

How many can take a years hit on rent income with a probable big restoration bill?