Will Reed
Roots in Pipes
19 December 2024 | 7 replies
Otherwise, yes you have to either excavate and repair and replace or run a pipe burst through the line, which is usually as expensive as excavating.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".
Marc Shin
How do i create a STR guestbook for free?
21 December 2024 | 7 replies
It’s easy to switch it up or add to it or replace it if parts or the whole thing gets damaged.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
They expect us to replace lightbulbs, won't change furnace filters and we also have lawn maintenance issues with them.
Bryson Owensby
When to take profits out of Rental?
21 December 2024 | 18 replies
I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.
Nadir M.
Maintenance replacements for certain household items
5 December 2024 | 20 replies
I require tenants to replace consumables like refrigerator filters or HVAC filters.
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
Be ware of the ones that get compensated on the back end by trying to refer you to replacement property solutions that compensate them.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
We hope that you can remedy the situation so that we can move into a habitable home.Suggestions that we have to fix the issues:Hire a company to rip up the carpets, treat the subfloors, and replace the carpets, at least on the main level and on the stairs.Provide an air purifier as a start to remedying the smell.Replace the garbage disposal.Hire a plumber to fix the draining issue in the bathroom sink of the smaller bedroom.Fix the tiles in the upstairs bathroom so they no longer present a safety hazard.Replace or fix the screen doors.Fix the gap between the windows and the walls in the living room.Hire a professional company to treat the entire home for pests.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
If it’s an older property or has deferred maintenance, you might want to lean toward the higher end.When it comes to CapEx (capital expenditures), planning for major replacements like roofs, HVAC systems, and appliances is key.