They are patient and able to talk me through any plans of repairs or maintenance.

Unfortunately, none of these idealistic procedures were disclosed or followed from the beginning of my journey.

Class C bought in 2023 on the East Side of Indy has not been great, repair calls 9 times out 12 months.

Get some policies and procedures in place.

Discussing options with my wife, we are looking to take ownership of the house, make some much-needed repairs, and getting it rented out.

Take the time to break down what needs to be repaired and what upgrades you will be doing.

The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.

She said she has had to pay out-of-pocket for exterminators and plumbers after getting no response to pest and leaky-pipe complaints to RAD’s property managers.Another tenant of a Mendenhall-led fund, Terry Golden, 41, said he has been dealing for about a year with a flooded basement that his property managers have neglected to repair at his 880-square-foot home in West Philadelphia’s Haddington section.His living and dining rooms are piled high with belongings he’d previously been storing in the basement: furniture, appliances, trophies from his days coaching little-league football.

If we rent the unit at $1,425, I have an estimated monthly cashflow of $302 (rent at $1450, cashflow is $325) I DO include vacancy, repairs, and cap exp in my Box2 Expenses.

With my own portfolio I generally underwrite with 10% for repairs, 10% for cap ex, 5 percent for vacancy.