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30 December 2024 | 5 replies
Glue residue can really be a pita, but a judge probably doesn't think so, but will usually respect hired out repairs.
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24 December 2024 | 25 replies
Build a local team for cleaning and repairs to streamline operations.
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3 January 2025 | 45 replies
Every deal is different, and every person is looking for different marginsAfter Repair Value (ARV) - Rehab Costs - Purchase Price - Fees (holding costs, closing costs, selling fees) = Net Profit (before taxes).Are you ok with the net profit based on how long it's gonna take from start to closing?
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23 December 2024 | 3 replies
I'd love to have a small line of credit on the property before the end of the year to cover any other repairs or upgrades that will need to go into the property.
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7 January 2025 | 16 replies
But what you will find is that most repairs are pretty easy - and if we don't want to mess with it we will call someone ourselves... but someone we know is going to shoot us a fair deal.
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24 December 2024 | 9 replies
Are there any city or lender required repairs that will require an immediate injection of capital?
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8 January 2025 | 29 replies
Alternatively you may decide not to address the capex but be prepared to deal with high frequency maintenance requests with duct tape repairs.
21 December 2024 | 18 replies
I recommend establishing a reserve fund for major turnover expenses, capital repairs like a roof replacement, etc.
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28 December 2024 | 8 replies
It was vital that the house be in close proximity to the one who knew how to do the repairs, because of the technology of our current time theoretically Id be able to monitor and track progress with a trust worthy foreman whos on the job, performing repairs, managing subs, and moving the needle.
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24 December 2024 | 14 replies
The LLC would essentially serve as a business checking account to collect rental payments from your roommates/tenants and potential write-offs for expenses such as property repairs/maintenance.