
3 November 2024 | 10 replies
Purchased for $290,000, put 25% and put $20,000 in repairs.

4 November 2024 | 4 replies
Have the tenant sign a Lease Amendment indicating that the tenant is responsible for the cost of installation of the charger, any maint and repairs, and also removal cost (if desired later by you or the HOA).

5 November 2024 | 4 replies
(Some of us have more than one...)So here you are.Your first step should be to get the facts and then reassess your options.You'll need realistic and accurate estimates of your ARV, your remaining repair expense, market rent, and total projected holding costs.If you run your numbers and you can still make this work as a rental, then great!

4 November 2024 | 6 replies
Someone other than her would rent $1650+ pre-renovation and after repairs monthly rental yield would be $2100+, 3.

30 October 2024 | 7 replies
Sometimes properties that exceed the 1% rule can come with risks, like higher tenant turnover or hidden repair costs.

4 November 2024 | 10 replies
Also I should make it clear, I am really not all that successful of an agent, I'm not pulling down huge production numbers, but I'm also not really interested in sacrificing quality of service for volume and Ive not yet figured out how to scale in my way yet...but I've been at it about 3 years full time, so I'm still working it out I feel.

6 November 2024 | 26 replies
They are pretty involved in making sure the property is updated and functional which ends up reducing the amount of $ offered, or if the property needs maintenance repairs Flock might not offer on it at all.

4 November 2024 | 7 replies
Once you factor that in, your small loss is actually a bigger loss once you need to do any repairs or upkeep.

1 November 2024 | 19 replies
You can strengthen your position by documenting the repair estimates and the potential loss of income due to the disruption in bookings.

7 November 2024 | 22 replies
She/he should be able to provide you with a chart of accounts to choose from, such as Repairs & Maintenance, Supplies and Amenities, etc.