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27 October 2024 | 6 replies
Was a licensed engineer involved to design to repairs?
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31 October 2024 | 44 replies
You could rehab a distressed property using a fix-and-flip loan and then refinance the loan into a long-term DSCR once the repairs are finished.
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29 October 2024 | 5 replies
She’s for real estate (I think market is over inflated) but in the past we use it for rainy day fund vs holding $ for repairs as well as acquiring property via cash to rehab and sell.Regarding equity shares I would read the fine print as from what I have read you basically are selling your sole to those companies for a small payout to start but giving up a ton of equity
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29 October 2024 | 9 replies
Your own stay if you're doing maintenance/repair work does not count.3.
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28 October 2024 | 7 replies
A professional property manager can protect your investment by ensuring everything is handled legally and fairly.Maintenance and Repairs: Routine maintenance is essential for keeping properties in good condition and maintaining property value.
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31 October 2024 | 12 replies
The person who runs the operation (rentals repairs, bill paying) is a manager.
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27 October 2024 | 6 replies
I'm going to send a request for repairs form.
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28 October 2024 | 2 replies
Accurately budget for repairs with a buffer for surprises, aiming for a 10-20% ROI.
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31 October 2024 | 23 replies
I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.
29 October 2024 | 7 replies
Then I would take the proceeds and invest in something locally that is more rent-ready to start your journey without the collar of repairs.