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17 December 2024 | 6 replies
If you have deferred maintenance this will be future headache and a phone call from a PM company.
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30 December 2024 | 89 replies
They'll likely have follow up questions about who handles maintenance, larger SD, etc... so be prepared to quickly answer these.Value to mention:- Professionally cleaned property after each stay and exterior upkeep- Staged photos that you can share with the owner for marketing purposes- Capex coverage up to $XX,000 (might need to include in SD)- Extra $XXX per month (likely may need to pay a little extra in rent to make it worthwhile, otherwise they can collect the same amount as LTR)Also, google "Airbnb apartments" or check their website.
21 December 2024 | 18 replies
Before taking out profits, make sure you have enough set aside for unexpected expenses like repairs, vacancies, or larger maintenance issues.
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19 December 2024 | 8 replies
Are the maintenance costs really lower?
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19 December 2024 | 4 replies
I spent my entire summer doing maintenance and ensuring comfortability.
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29 December 2024 | 253 replies
There are books written about this details but keep you focus on the end goal.The first deal turns theory into actual tenants, actual maintenance problems, etc.
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17 December 2024 | 0 replies
Value adds were a combination of market value increases, rentability increases, strategic maintenance and improvements during lease cycles, and property management.
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17 December 2024 | 12 replies
Fortunately, they should and usually do have local contractors in the area that they turn to for maintenance.
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18 December 2024 | 5 replies
Review the work order / maintenance history records.
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10 December 2024 | 8 replies
The odors are not always easy to eliminate within the normal apartment turnover routine.