
12 July 2024 | 155 replies
They can send you photos of any damage so you can submit claims.

9 July 2024 | 3 replies
Professional cleaners (Molly Maid Company) says it can't be cleaned.Has anyone had experience with damage that can't be fixed, but maybe doesn't warrant a brand new appliance?

10 July 2024 | 10 replies
Additionally, you must notify your insurance company to adjust your policy to cover short-term rentals, ensuring you have appropriate coverage for liability and property damage specific to Airbnb operations.

9 July 2024 | 3 replies
Cons might include increased inspections and regulations, potential for property damage, and the possibility of dealing with tenants who have more complex needs.

6 July 2024 | 3 replies
I plan to give my tenants a proper notice to inspect the apartments for any damages negligence.

10 July 2024 | 31 replies
If they deliberately do something to damage the AC, then yes I would expect them to pay for it.

8 July 2024 | 3 replies
The damage to the sheet rock in the basement wasn't bad, and I set up a bunch of fans and ventilation in order to prevent mold from growing.I went to check on the first floor apartment to see if there was any damage and luckily there wasn't.

8 July 2024 | 14 replies
I doubt I'll ever get my back rent and damages back either, but I figure if they ever get their lives back on track or they win the lottery :-) I'll be in line to collect.

8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

9 July 2024 | 6 replies
You can easily replace a damaged tile with peel & stick unlike regular tile or LVP. 5.