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5 September 2024 | 4 replies
I got a quote for roof repair, but of course we are on a time crunch due to the contract, and as always you never know how much more damage they find when they open things up.
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9 September 2024 | 23 replies
I'm helping an investor right now who has been living out of state, and has been relying on his "handyman" for all repairs and such.
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6 September 2024 | 7 replies
When investing with a partner, you’ll each claim 50% of the depreciation and share expenses (like repairs and interest) equally, helping reduce your taxable income.
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6 September 2024 | 8 replies
I am a very hands on person and am picky about my own contractors/ repairs.
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6 September 2024 | 32 replies
Have you found that capex, vacancy and repair rates to be normal (10/10/8 percent) or are they higher in the area ?
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5 September 2024 | 13 replies
I just bought my first investment property in Chicago, and have been busy doing minor repairs, furnishing it, and getting it ready for rental.
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6 September 2024 | 12 replies
I agree with Caleb-save money for a down payment and to have money for repairs and maintenance.
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1 September 2024 | 6 replies
We had already been planning to do some maintenance and repairs (repave driveway, re-insulate attic, replace two broken faucets, other minor items), but were wondering if, for tax reasons, we are better off waiting until we close on the new home and this is no longer our primary.Can this work count toward tax deductions as preparatory work on rental property, even if it's currently our primary?
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6 September 2024 | 6 replies
That doesn't give us many options for negotiating contingencies such as repair requests etc.
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5 September 2024 | 0 replies
After repairing and improving the usability of the home, I was able to get it rented out at the top of market.