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13 September 2024 | 2 replies
(Both that you know about now and that you are told about form your buyer’s inspections.)Most buyers are going to discount their offer by double what they think it will cost to repair what they can see plus the “mystery repairs” you’re hiding with your as-is sale so you will make much less on the sale.
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14 September 2024 | 32 replies
.#2 Repair Management, tracking expenses, following up with outstanding work orders, ensuring work completed with photos by vendors, notifying owners when there is a repair request by the tenant and track the time it takes from work order to completion, track the amount of repairs to a home at end of year so owner can see those expenses and try to get them on service contracts and off home warranties.
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13 September 2024 | 6 replies
If you have had positive experiences with insurance providers in the area or know someone who provides excellent coverage tailored for vacation rentals, I would be grateful for your recommendations.Additionally, during the property inspection, we found a few minor repairs that need some attention before we officially welcome guests.
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14 September 2024 | 19 replies
They should have known there was a problem based on the usage AFTER it was repaired.
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9 September 2024 | 13 replies
This is just for practice for now so the most important thing is just looking at the numbers to gain an understanding, don't put too much pressure on it at this point, it's a muscle you have to build by doing reps. 2.
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15 September 2024 | 38 replies
@Chad McMahan Hey Chad, what have you seen as an outcome if the appraisal comes back not in your favor, in terms of needing repairs?
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13 September 2024 | 3 replies
I have a general contractor license so I also can repair and remodel properties before they go on the market.
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14 September 2024 | 14 replies
If you need a lil help/advice on some go to's for repairs maintenance etc. feel free to reach out to me.
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15 September 2024 | 19 replies
Other costs like closing costs, insurance, property taxes, and maintenance/repairs should also be considered.Good luck!
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13 September 2024 | 1 reply
The house is needing some repairs, but have not physically looked yet.