
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!

10 July 2024 | 3 replies
Feel free to reach out if you need anything else, or if you would like to talk financing!

10 July 2024 | 3 replies
If you have any other questions, please feel free to reach out.

10 July 2024 | 8 replies
We have a partnership with BP so you can get access for free to try it out. https://inveloapp.com/bigger-pocketsLet me know if you have any questions.

8 July 2024 | 0 replies
It's just not a good communication.I wonder if there's a way to escalate issues or report issues differently.

9 July 2024 | 5 replies
I'm keeping a couple free checking business accounts; I'm a self employed web developer so that has its account and then the property investing, the other account.Yeah, fees suck and I had a great blowup with my local bank where they charged me 28 bucks because they couldn't get their deposit dates straight.

10 July 2024 | 87 replies
It is a free market.

10 July 2024 | 50 replies
I did find that Mark Norick's site is mostly up to date and has lots of free info that no matter what kind of overage your doing.

8 July 2024 | 17 replies
If something isn't working and one of the parties wants to move along, they should be free to do so unfettered.

10 July 2024 | 3 replies
If you want to discuss that option more in depth feel free to reach out.