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19 November 2024 | 2 replies
Hello everyone,I have been given 15 day extension to show an effort to do repairs on a large SFH that now has a unlawful detainer/former tenant who has been found subleasing, damaging the property and preventing contractors from entering.
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19 November 2024 | 23 replies
(Making judgements based on family status, number of kids, medical animals, etc etc..)4) When you get that first repair call 10pm Saturday night for a leaking roof or water heater do you have a trusted/dependable guy to call and get it fixed that night?
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19 November 2024 | 3 replies
Do you have people ready to repair and clean the place lined up as soon as the last tenant leaves?
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22 November 2024 | 7 replies
hire people to do the repairs-the owners pay for it whether you do it or you hire someone to do it.
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19 November 2024 | 24 replies
Underestimating repair costs and overestimating ARV (this is really just what most people call wholesaling).
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19 November 2024 | 7 replies
The last tenants did some damage to the interior of the house and repairs like, sheet rock, fixtures, paint, etc. need to be completed.
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15 November 2024 | 17 replies
My ideal is to have a system or a standard in place to maintain discipline about procedures.
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20 November 2024 | 37 replies
Part of that you can justify because of the necessary repairs, but overall higher price points appreciate differently.The median home price has basically doubled in Milwaukee from about 160k to 320k in the last 10 years.
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18 November 2024 | 35 replies
Try to at least leverage for a 2-year lease.Just be sure your lease states the appliances are "as-is, where-is", so:1) You are NOT required to repair them- Many tenants abuse them, so you don't want to be liable to repair.- Good tenants you can choose to repair.
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19 November 2024 | 2 replies
As long as there are no outstanding repairs, I don't see anything wrong with paying off that loan faster.