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11 October 2024 | 26 replies
Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.
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9 October 2024 | 16 replies
I'm not sure I've had a turnover that either on move out or the new tenant moving in and finding things weren't working that I didn't have to fix something.For the places I manage (different city than where the PM is), aside from the two turn overs where the tenants didn't pay rent, I've been lucky and have no vacancies and usually minimal repairs/maintenance ($0-$500).
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8 October 2024 | 8 replies
I am religious about checking and maintenance on the decks, stairs and railings just so I don't have a guest issue.
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8 October 2024 | 1 reply
I added a basement apartment to the house, redid the landscaping, and have taken care of some deferred maintenance on the house.
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7 October 2024 | 5 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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7 October 2024 | 4 replies
Again, they try to leverage the majority the landlord is getting, so they don't have to pay their portion.6) We get the most maintenance requests from S8 tenants.
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7 October 2024 | 3 replies
Whether it's regulations on eviction, tenant rights, or property maintenance, being aware of these rules can save you from future headaches.
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7 October 2024 | 11 replies
The maintenance request feature is awesome and does allow pictures (not sure about videos).
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7 October 2024 | 4 replies
Locking in such a low rate means more cash flow if you rent it out, even with your HOA and property management costs factored in.Let’s tackle this using your numbers:Current Rent: $2,950/monthAnnual Tax, Insurance, HOA: $7,000Mortgage (principal + interest): Roughly $20,832/yearWithout even factoring in maintenance or vacancy costs, you’re likely cash flow positive.
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7 October 2024 | 2 replies
It needed love and attention because of all the deferred maintenance.