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13 July 2024 | 3 replies
I would review the property's current and potential NOI (after you complete repairs/renovations).
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12 July 2024 | 34 replies
If the latter, give her notice, if the former-hopefully your lease has a clause about allowing people in to repair things (with notice) and that they (tenant and repair person) need to be respectful.
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13 July 2024 | 9 replies
It will help keep you organized, streamline your communications about the repair both to the tenant and to whatever trade person you use to do the work and make your bookkeeping related to the repair easy.
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13 July 2024 | 13 replies
,he foreclosed my home after 60 days and there’s reasons such as a storm ripped the roof off and I had to use $ to repair.
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14 July 2024 | 17 replies
When used as an Operating Company, the traditional LLC can enter into contracts, handle repairs/contractors, enter into property management agreements, collect rents, and advertise.
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13 July 2024 | 51 replies
Just won't be able to make enough with the repairs needed to make it worthwhile.
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16 July 2024 | 41 replies
I do have 5 property managements for my rentals and how they are different is how the process for repair is different from one to another, but i see someone that's more pop and mom is having so much passion about real estate, that passion is kinda my indicator right now.
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12 July 2024 | 7 replies
Also think about items you can upgrade or repair in the house to force appreciation, so that when you refinance down the road, you have a better LTV (equity) position and you can get even better rates at 75% or 70% LTV.
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11 July 2024 | 10 replies
If the cabin is brand new, figure 5 percent of annual rents for repairs and maintenance.
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13 July 2024 | 13 replies
Not only that but they also want to make substandard repairs to homes with cheap materials.