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Results (10,000+)
Victor N. Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
Send her a certified letter (keep a copy for yourself) with your concerns of her not turning on the heat and the problems that can occur with frozen pipes and repair cost in which she will be liable for if she doesn't comply.Is she using space heaters instead?
Louis Hamilton HELOC Best Option - Rental Property
15 January 2025 | 6 replies
You can get a HELOC if there is equity in the property most likely, which there should be since you own it in cash, but you will just be decreasing your pay out and then may end up short in repair money, depending on how much it is worth.
Robert Spiegel Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
The Only other deductions that I have right now are $154 for unpaid water bill, and $45 for the minor repairs mentioned (doorbell, blinds, shower).Questions for the group:Does $540 seem excessive for a cleaning charge, given the situation?
Ashley Shearer Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
So this is mostly in reference to us doing our own repairs, not necessarily looking to hire other people.
Marc Robinson Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
One of our parks is 60% POH and in my experience the only way that park pencils as well as it does is to get through all the major repairs, get the homes 'right' and then keep them 'right'. 
Kyle Deboer Raising Down Payment Money
29 January 2025 | 25 replies
Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.
Matthew Morris Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
I doubt it would qualify for a conventional loan with the repairs that need to be completed.
Steven Catudal Partnership split help
20 January 2025 | 11 replies
I would say that the value he brings is finding the deals, doing an initial diligence, having a local team set up for renovations/repairs/property management as well as knowledge of the neighborhood.
Travis Boyd Seeking advice on potential first deal - off market 6 unit apartment
18 January 2025 | 6 replies
Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.
LaTonya Clark Lender- 40 year loans
20 January 2025 | 31 replies
@Chris Seveney I'm concerned about having $$$ for repairs when needed.