14 June 2024 | 2 replies
There have also been times when I needed to put and pay for a hotel for such things as tenting a building, do major plumbing or big repairs etc….

14 June 2024 | 5 replies
After getting stung in my early days I now hire all repairs or cleaning.

14 June 2024 | 7 replies
I am not a LLC, just need the lender to lend, then I can repair the roof and get permanent financing.

13 June 2024 | 1 reply
In speaking with the property manager she issued the Tenant a 14 day noncompliance letter to purchase and repair the garage door on his own.

14 June 2024 | 2 replies
An REO would be your best option as a first-time investor because the bank has to make certain repairs so it is livable upon turnover.

14 June 2024 | 7 replies
And you absolutely should do that for the past rents and any property damage (and lost rent while you make repairs).

13 June 2024 | 8 replies
I would be looking for a price discount to compensate for the repairs, lost rent, and eviction expenses.

10 June 2024 | 40 replies
I've had this rental for 10 years and never had a massive repair like this.

14 June 2024 | 17 replies
For example, if you know how much painting should cost (price per square foot) then when it's time to pay for repairs you are ensuring you do not get overcharged.8) Plan for vacancy and unit turn and have a reserve (unless you make enough money that you don't need it).
13 June 2024 | 2 replies
Commonly, with multi-tenant buildings, there is some leakage in NNNs, even if it is things like tenant pays for maintenance contract on RTU and any repairs up to $5,000.