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4 February 2025 | 24 replies
It should have some sort of a cap - surely they aren't taking 15% of a roof repair or expensive plumbing repair...The management fee of 10% during selling is also ridiculous - are they taking a commission when the property sells?
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4 February 2025 | 17 replies
NEVER did anything to it except a roof.
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21 January 2025 | 10 replies
If it is recorded as built in 1920, that is what the insurance will be based on.The most valuable update with regards to insurance is the roof.
3 January 2025 | 10 replies
ie, wind damages the roof and that lets in rain that damages sheetrock, floors, furnishings,...
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10 January 2025 | 4 replies
Roof?
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6 January 2025 | 10 replies
This isn't a lending requirement but have some boots on the ground other than just the construction company.
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3 February 2025 | 79 replies
I assume 15% of the rent for regular repairs and capital expenses (roof, furnace, windows etc.) and 5 % of the rent for vacancies.
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20 January 2025 | 32 replies
Old properties aren't a bad thing as long as you account for the big four- HVAC, foundation, roof and sewer.
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9 January 2025 | 1 reply
At first, he was anxious about having multiple tenants under one roof, but with the right house rules spelled out up front, it turned into a solid monthly cash fow for him.
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30 January 2025 | 34 replies
Fees are through the roof.