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3 December 2024 | 5 replies
Maybe have a decent sized pool of cash to take care of the occasional roof repair or personal expense, but almost entirely in real estate?
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3 December 2024 | 26 replies
They had been keeping the account a month ahead and one month, about 10 days after depositing, flagged it as fraud to get it back because they were short in cash.
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28 November 2024 | 26 replies
Milwaukee rents continue to go up, we are now the 3rd most competitive market in the US, ahead of NY and LA..
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1 December 2024 | 7 replies
I'd two project worked with Robert Mincey, 1.For one project it have serious defect that scares my buyers away, when I ask him for the repair, he told me that I did the sabotage to the property myself, and he owns 0 responsibility for the repair and warranty2.For another project I wanna to fire him but he states I owns him more than $5K even though I already paid him 200% over what he had completed.
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4 December 2024 | 17 replies
Add in property manager, repairs/maintenance, CapEx, vacancy etc and you will be deep in the red.
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29 November 2024 | 18 replies
At the time of the leak, my tenant was showering, but everything around the bathroom is sealed and in good condition.It’s been a week now, and there have been no further leaks.However, the owner of the apartment below is still asking me to repair their ceiling.
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1 December 2024 | 4 replies
Once you find a potential tenant, you have to go through a Housing Quality Standards (HQS) inspection, which can take a while and may require some repairs or tweaks to pass.
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30 November 2024 | 9 replies
Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.
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3 December 2024 | 16 replies
if you ever have a major repair, or an eviction, or a major turnover, you may need to be a little more 'active.'
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6 December 2024 | 12 replies
I did a lot of repairs myself but also hired a few skilled contractors for things like electrical work and plumbing.