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1 November 2011 | 12 replies
For tax write off it is beneficial to repair versus replace.So depending on how much rent you would lose you would have to weigh repair versus putting new in.I totally understand if a part is 50 bucks you do not want to spend 600 or more for a new one.Especially if it is not that old.I gave 100 rent credit to a tenant when the A/C was out for a few days.The outside fan motor needed replacement so rather than the A/C guy saying I need a new one at 2 grand we bought the fan motor at a supply house for 60 and fixed it.So 2,000 versus 160 I will take the repair all day long.Especially if you have a property you are planning on selling for development down the road you don't want to drop all new stuff in.Sure a developer will let me strip it out and cash out the parts before they take it down but I want to keep my replacements to as little as possible and only repair.If you do too much the tenant will keep pushing the envelope.If I was in your shoes I would definitely give a credit to the tenant.After you get the part fixed and the credit you are still probably ahead versus replacement in cash outlay.Another consideration is if the water heater goes out on the weekend you might be better giving the credit versus paying for an emergency call and getting hit up with double the fees for everything.
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3 September 2017 | 16 replies
For research in your spare time, here are three names that were viciously criticized at their onset: Tesla Motor Co., Space X and Reddit.
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25 June 2019 | 8 replies
Smoke detectors are mounted on the ceiling and carbon monoxide detectors are usually plugged into a receptacle or installed lower on the wall or close to the floor.3.
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11 August 2012 | 9 replies
North refers also to the city of God on Mount Zion, the sides of the north.Light refers to "the Light of the world."
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30 January 2009 | 3 replies
I usually mount the boxes on the door jamb by the front door.
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29 March 2009 | 0 replies
A purchased a home in 2 years ago with a mortgage loan mount of $225,000.
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13 October 2017 | 38 replies
Some appraisers have cameras mounted on a stick, so they don't have to even put their head in the attic.
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28 November 2018 | 13 replies
Basically you mount the fan in the attic and run your insulated flexible ductwork to it and another section of the insulated ductwork up and out through the roof.
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17 February 2015 | 26 replies
Do the pay and quit.Also mount a For Rent sign outside to send the message home.I do a face to face at lease signing and I told new tenants I am easy going but if rent is not received before the grace period there grace goes away because I have financial obligations and I must meet.Landlording with an iron fist inside a velvet glove.
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21 November 2016 | 4 replies
This would work great for this situation as we could change the code when we needed to as well as have different codes for perm employees.Is it possible to just drop one of these on here, is there some other option or do I just need to replace it with exactly what we have and go with a real estate style key lock box mounted on the wall?