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26 July 2015 | 0 replies
Looking for some guidance.I presently own a duplex, purchased in 2006 (was my first RE investment) - when I purchased rents were $725, I've now got the rents to $895 per unit, so $1790 per moVacancy is low, however when a tenant moves out, I typically will have it vacant a month or two performing updgrades and maintenance, (have overhauled/lightly updated the bathrooms, paint, exterior doors etc) Typically when I start advertising the vacancy I have it filled in a month with a good tenant.
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31 July 2015 | 14 replies
You would generally never have a reroof job, just maintenance every 10 years where you remediate blisters, fill low spots and apply a new coat of elastomeric.
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31 July 2015 | 4 replies
Additionally if you read in the Carrier HVAC warranty it talks about systems being installed in rental properties and the warranty Not being transferable.If you are a professional landlord, then you are performing the regular recommended HVAC and Heat system maintenance items.
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20 August 2015 | 14 replies
I guess their daily routine involves littering their q tips.
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4 August 2015 | 64 replies
I would do it, but I would make it appear to be my idea, i.e. it was already on the list as part of routine maintenance and cleaning of the house.
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31 July 2015 | 12 replies
If you can afford the maintenance of a bigger property, maintain occupancy, and will be getting a better ROI vs having a duplex I say go for it.
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1 August 2015 | 14 replies
Or just very low-maintenance tenants?
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6 August 2015 | 14 replies
If you are a good judge of character a face to face meeting with the management company to ask some basic questions as well as a drive through to check the maintenance standards of the community will help you make the final determination.
2 August 2015 | 2 replies
How much should I save for maintenance and vacancy?
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5 August 2015 | 7 replies
In that case, you would have the establishment and maintenance of the LLC to deal with, specific to New York law.