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5 March 2021 | 13 replies
Yes, you go from 100 to zero in occupancy, but short of needing to do some major rehabs by choice, my average downtime on single families was about 2 weeks at turnover, so I had to cover a half month of mortgage and utilities, but due to longer tenants, my overall vacancy is lower on single families.
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21 March 2021 | 9 replies
We do not do this but our downtime is usually 3-4 weeks.
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26 January 2021 | 0 replies
I have down-time at work too with access to a laptop.I'm enrolled in the two required CA RE courses at a community college that start February 08 (still need to enroll in an elective course at some point).
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27 March 2021 | 74 replies
Evictions are very expensive if I include lost rent, downtime and attorney fees.
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4 February 2021 | 12 replies
The inventory is definitely low, so I'm using this downtime to focus on better educating myself.
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2 February 2021 | 7 replies
Get a loan and heloc estimate upfront so you know if your plan will work.Also, calculate the hold time downtime to originate the heloc into your numbers since you won't have the cash to get started now.
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15 December 2020 | 7 replies
Surrounding yourself with other like minded individuals is great BUT I also enjoy having some downtime with friends who have no idea what I'm doing in my business.
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28 December 2020 | 13 replies
But do any necessary PM on the shower.We had a SFR that had the ugliest bathroom alcove for years, it was black & red tile including the ceiling BUT no-one complained & we always got above MKT rents.When we finally changed it out using Bath-fitter (we only had 3 days downtime to do it), the new tenant (a veterinarian), was disappointed that we changed out the red & Black tile ???
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31 December 2020 | 8 replies
Fortunately the several that did vacate allowed us to raise rents $150-$175/month without a problem & the tenants we screened proved to be highly qualified & we did not have any downtime transitioning between tenants.
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14 January 2021 | 31 replies
All left amicably & we were able to raise the rents $100-$150/month & move in new quality screened tenants without any downtime or damage/repairs.