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3 January 2025 | 7 replies
We were able to buy low in a good neighborhood since the home was in need of some work, mainly needing cosmetic work and some deferred maintenance.
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1 January 2025 | 22 replies
Personally I would defer this question to someone with design experience, not sure I have seen too many on here commenting.You could do something neutral but remember especially with the rug if it is light color it will likely run quickly.
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30 December 2024 | 1 reply
The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.
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5 January 2025 | 39 replies
This would allow you to indefinitely defer the tax on the property and use it to purchase larger property/properties in a nicer appreciating area.
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3 January 2025 | 40 replies
Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this.
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15 January 2025 | 39 replies
On paper some of these buildings had amazing metrics, excellent cash on cash returns, cap rates, etc, but when I looked at the buildings I found the neighborhoods were rough, there was poor management in place, there was lots of deferred maintenance to address.
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7 January 2025 | 22 replies
Note I strive to minimize cash flow because it gets taxed versus other RE return are easy to defer or avoid the taxes.
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9 January 2025 | 116 replies
Only $1k of work was needed right away to deal with deferred maintenance issues on the property.
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31 December 2024 | 9 replies
We sold a house with a low rate that would have cash-flowed really well because I saw the future deferred maintenance.
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16 January 2025 | 78 replies
A client of mine had a deal in Ohio where deferred maintenance became a problem because their manager cut corners.