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Results (10,000+)
Ross Francis Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Patricia Baker Looking for advice on Co-Share property
9 July 2024 | 2 replies
How can I prevent them from listing the home? 
Alan Asriants The realities of real estate investing - even if you own turnkey properties
8 July 2024 | 3 replies
The damage to the sheet rock in the basement wasn't bad, and I set up a bunch of fans and ventilation in order to prevent mold from growing.I went to check on the first floor apartment to see if there was any damage and luckily there wasn't.
Alicia Marks Have a question you'd like asked on the BiggerPockets podcast?
12 July 2024 | 79 replies
Does this limit only hold true to prevent buyers from unnecessarily getting credits when there’s no documented need for repairs?
Tom V. Verbal offers to selling agents?
9 July 2024 | 27 replies
My agent is not annoyed, I'm just trying to prevent that.
Amit Desai Can Second Home be use as Rental Property (AirBNB, VRBO etc)?
8 July 2024 | 22 replies
In fact, it’s even easier to justify it with short-term rentals because if you indicate that you plan to rent it out to someone long-term, that would obviously prevent you from being able to use it as a second home. 
Brian Cannon Seeking Advice on Hot & Cold Markets for STR in 2024
7 July 2024 | 7 replies
Having boots on the ground with an STR can make or break the guest experience, as well as preventative maintenance and quality upkeep of your unit. 
Alba Cheung I urgently need a landlord-friendly lawyer in Fulton County
6 July 2024 | 0 replies
Despite signing on the court day that she would move out in 7 days and waiving her right to appeal, she still appealed, preventing me from filing a writ of possession.
Jon K. (Current) Tenants say the dumbest things, too...
12 July 2024 | 281 replies
. - here are the links to USPS mailbox "standards". https://www.usps.com/manage/mailboxes.htmhttps://about.usps.com/publications/engineering-st...http://pe.usps.gov/text/dmm/D041.htmI try to avoid putting any names on a tenant's mailbox, but I don't prevent a tenant from doing do themselves.
Diana Mulvihill System for Local 'Boots on the Ground'
6 July 2024 | 12 replies
This can help make sure preventative maintenance as well as minor things don't cost you as much as a handyman visit.