Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
How much will you spend in repairs on a 1920's house with renters ?
Joshua Lanzieri
PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
They should have also gotten approval from you before charging and doing repairs.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.
Jonathan Small
Single-Family vs. Duplex: Which is the Right Investment for YOU?
16 January 2025 | 3 replies
Additionally house tenants bring more of their own appliance, like refrigerator, washer and dryer; which means tenants are responsible for repair and replacement of their own appliances.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
17 January 2025 | 12 replies
Repairs were needed and were finished by early december.
David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Looking over your numbers I'm surprised a couple of them are so low - mortgage expenses, repairs and capital expenses.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
A lot of wholesalers lock it up at 75% - repairs and then try to move it at 80% - 85% - repairs.
Ryan Daulton
Mid-term rental pricing
29 December 2024 | 16 replies
So prompt responses to inquiries generally get the bookings.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Repair costs in first 1 month of owning (this is renovated house done by seller, not me.