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20 September 2024 | 11 replies
It’s a good idea to see how other investors are doing in this market and think about long-term maintenance costs to ensure your cash flow remains strong.
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20 September 2024 | 21 replies
Rougher parts of town have increased maintenance/cap ex, vacancy, rent delinquencies and defaults, and level of effort to manage.
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18 September 2024 | 67 replies
.* They have a vendor bidding system for all maintenance.
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19 September 2024 | 14 replies
If your lease includes this provision, I recommend issuing a lease violation notice for not allowing maintenance to enter and carry out essential repairs.
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19 September 2024 | 6 replies
Are there potential gremlins like deferred maintenance or large capital expense looming?
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23 September 2024 | 33 replies
I ask if BY TEXT during the screening if they can handle of that (the money and the maintenance).And last and most important, I do a home visit at their current residence.This isn't everything - my screening checklist is nearly 4 pages long - but it's the big stuff.
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19 September 2024 | 6 replies
I know there are the obvious PITIA items but what about property management fees (I plan on using a property manager), maintenance/repair allowance, and vacancy allowance?
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19 September 2024 | 6 replies
I recommend setting your expectation of the level of cleanliness, maintenance of the yard and grounds at a very high level to the tenants.
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18 September 2024 | 5 replies
Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.
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18 September 2024 | 4 replies
If we make a profit of $130k by selling the townhouse and minus all the cost (agent commission, selling cost, maintenance), then we use it to recast on the sfh, the sfh mortgage will be down about $800/month.