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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'.
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15 January 2025 | 11 replies
Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.
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10 January 2025 | 11 replies
It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided
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3 January 2025 | 3 replies
Hi everyone,
I’m a new investor learning the ropes of being a midterm landlord. I bought an outdated condo, planning to do a cosmetic rehab later when I had more budget.
I moved out of the condo in mid-2024 for a ...
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10 January 2025 | 12 replies
I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.
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28 January 2025 | 71 replies
This is my first time reading of your experience with this property were you able to complete the 80K in repairs ?
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14 January 2025 | 8 replies
Next, plan on inspecting your properties every 90 days; you can communicate this to the tenant as you ensuring the property is in good order and to help you plan for repairs/future improvements.
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10 January 2025 | 12 replies
There are never full photos of the mechanicals and basement and roof line so you will never have even a bare inkling of what the potential repairs will be.
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14 January 2025 | 6 replies
PMC staff are good at maintenance and maybe repairs, but they are NOT licensed contractors with years of real-world experience.