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16 October 2024 | 13 replies
Same with cost of utilities, and cost of repairs/maintenance.
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16 October 2024 | 7 replies
@Brad Neihardt For depreciation, you use the cost basis of the property, not the after-repair value (ARV).
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15 October 2024 | 24 replies
Its an LLC so I probably wont be able to make them pay for the roof repair, right?
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24 October 2024 | 139 replies
With the exception of a service call for a minor repair which is hourly plus materials .
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15 October 2024 | 1 reply
maybe some light repairs after the tenant moves in...so your first few years are typically stabilization, and you investing into the property.
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16 October 2024 | 5 replies
Initially, I underestimated expenses such as property management fees, maintenance costs, and unexpected repairs.
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16 October 2024 | 8 replies
Thankfully, no major repairs were needed after Milton.
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15 October 2024 | 3 replies
If you use insurance to make ordinary repairs, it will eventually drive up costs.
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17 October 2024 | 20 replies
ARV $160k after $40k in repairs.
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10 October 2024 | 9 replies
In 2023 we also had a major repair take place.