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16 September 2024 | 5 replies
If they do not, the maintenance request will be canceled and I would start heading towards termination of their lease for failing to comply with state law and permit me to maintain the property.A large percentage of Section 8 tenants are entitled.
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16 September 2024 | 6 replies
The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks.
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18 September 2024 | 24 replies
Then that will also take maintenance and follow-up.
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15 September 2024 | 0 replies
I did find a gutted house for $27k I think I can use this for a house hack and off load some of my maintenance expense for one of my Subcontractors who wants to come to Georgia to retire.
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16 September 2024 | 11 replies
It’s a platform that not only enables you to market your properties but also facilitates tenant screening, rent payment processing, and coordination with maintenance work orders.
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10 September 2024 | 3 replies
I manage my own rentals and I also do all my own handyman/maintenance repairs.
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16 September 2024 | 5 replies
You/they would need to talk to lenders about terms and figure out the monthly payment.They would need to understand what rent they realistically could get on the property, and then beyond their mortgage, insurance and taxes, plan for some maintenance from time to time, improvements, and holding costs when it is vacant.
15 September 2024 | 1 reply
We've also done all the maintenance and repairs all these years, we put new linoleum in the kitchen, painted the interior, built a new fence/gate, stained all cabinets, much more all without reimbursement as the owner is a tightwad and had never wanted to pay for upgrades.
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16 September 2024 | 12 replies
There is money going into the city but a lot of the properties in that area can have a good amount of deferred maintenance.
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16 September 2024 | 9 replies
Generally speaking, however, LTRs command more stable cash flows over time than MTRs or extended stay arrangements, and may be the better (and lower-maintenance) choice for someone just starting out.