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9 March 2019 | 2 replies
Although tenants will take care of the routine lawn mowing, they will not care for the landscaping adequately.
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11 March 2019 | 8 replies
After an inspection, you could determine if there is any differed maintenance.
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13 March 2019 | 6 replies
Stocks can go up and down in value and with real estate you are always putting money into it; whether it is to repairs or maintenance.
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11 September 2020 | 41 replies
-Not taking proper care of properties, neglecting maintenance, ect-Trying to overcharge investors buy tacking on hidden charges such as a fee on top of maintenance bills.
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10 March 2019 | 14 replies
I've had month to month tenants stay for years, because I take care of the property and address maintenance issues quickly.
18 January 2016 | 4 replies
A line of credit lets you draw on funds, as needed, for routine operating expenses up to the maximum amount of the credit line.
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25 July 2016 | 6 replies
If you do not want to grow your holdings, keep enough in reserve for capex, maintenance, etc. and then give yourself distributions as you see fit (monthly, quarterly, yearly) to get your profit out of the business and into your pockets
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24 January 2016 | 20 replies
While meditating this morning (I'm trying out the miracle morning routine recommended by the latest podcast, committing myself to it for at least 30 days), one question came across my mind.
22 January 2016 | 27 replies
This has gone a long way to helping to prevent issue of maintenance requirements due to the tenants actions. d
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17 January 2016 | 3 replies
@Hae-Yuan Chang here is a BP Blog post that explains CAPEX reserves. https://www.biggerpockets.com/renewsblog/2015/10/13/real-estate-capex-estimate-capital-expenditures/You should also budget a minimum of $500 per year for routine or emergency maintenance.