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11 November 2024 | 10 replies
You should only have to worry about ongoing maintenance.5) What Class of tenant can't keep a job?
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11 November 2024 | 12 replies
I have been with Fundrise since late 2017 but all Real Estate equity (~75%) and debt (~25%) with a fairly small investment that, according to their calculations, has returned gross ~7.5%pa (growth + dividends) over that 7 year period.So the above is not bad based on general risky asset long term annual returns, but the S&P 500 has returned (growth+ dividends reinvested) ~14.3% pa over that same period (source: using https://ofdollarsanddata.com/sp500-calculator/).
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11 November 2024 | 10 replies
Do you have a business plan of annual projected revenue and expenses before debt cost ?
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7 November 2024 | 6 replies
. $33 a month if you pay annually is a bit steep.
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10 November 2024 | 4 replies
They were the ones who painted the ceiling before so whatever paint they used only they know (they = super (building maintenance) and if it was painted with the "wrong" paint then I suppose it's also their fault and they should be responsible for painting with the "right" paint.
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7 November 2024 | 2 replies
Additionally, maintenance/cap ex expenses are high due to age.
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6 November 2024 | 34 replies
Also with stucco siding tile roofs No major weather issues desert landcaping etc etc.. maintenance is quite easy and very cheap compared to other areas of the country.
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9 November 2024 | 3 replies
It could need maintenance down the line, but 75% of the sewer scopes I've done for client and for myself (over 100) have had some instance of roots.Roots get in the joints of the pipes.
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14 November 2024 | 30 replies
If you have repairs and maintenance that could happen easily.
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9 November 2024 | 7 replies
Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.