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3 January 2025 | 18 replies
Why mention the tenant will be responsible for appliance repair above ordinary wear-and-tear?
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9 January 2025 | 28 replies
Of course it needed some extra turnover work--landscaping, above ground pool removal, cleaning, trash removal, paint and other small amounts of wear and tear.
24 December 2024 | 2 replies
They are not as good as screwing to a stud but work a lot better than those plastic inserts.No matter what you choose to do to your rental property’s bathroom, just make sure it looks good and can hold up to tenants’ wear and tear.
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15 January 2025 | 144 replies
Instead, your focus is on places like BP where less-experienced folks come as they want to put their money earned with blood sweat and tears to good use.
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14 January 2025 | 329 replies
They worry about a large homelessness crisis during a pandemic when homelessness can easily be avoided by simply moving in with relatives and family members, taking on roommates to share the cost of rent, or moving to a cheaper apartment.Now a lot of landlords are going to be out of rent for an entire year, not to mention depreciation on the properties due to neglect and damage and wear and tear which these landlords will have to pay out of pocket to fix if they want to sell their properties in the future or rent it to someone else once the eviction moratorium is lifted.
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19 December 2024 | 5 replies
First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).
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20 December 2024 | 27 replies
You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this.
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9 February 2025 | 173 replies
In addition, long enough time can bury certain types of discrepancies, especially when factoring in wear and tear & disrespectful tenants.
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30 December 2024 | 89 replies
But to my surprise I have averaged an occupancy from 87% to 97% from October to now It looks like in this final "slow" month I have a 97% Occupancy rate (just shy of 100%) which just brought a tear to my eye because I was so happy that the research paid off, if I went into this blind who knows what would have happened.
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17 December 2024 | 8 replies
Horizontal cracks on the foundation may just be wear & tear.