7 December 2022 | 8 replies
Especially with smaller items like faucets, don't hesitate to do things that make your life easier and their experience better.
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24 December 2022 | 8 replies
Sound like you have done most of the items.
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23 December 2022 | 6 replies
In regards to maintenance, when I bought my first property in this market I reached out to several trade businesses and explained my plan in the market and what my expectation would be if I used them, they were very appreciative as no one had ever done that, so as items come up I reach out to these places based on my need and they have been very responsive and eager to grow the relationship.
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26 December 2022 | 11 replies
That way when those big ticket items hit you, the money is there and magically funded by those tenants and NOT you :) Great post!
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26 December 2022 | 6 replies
Our only limitation is the line item limiting a single expenditure to an amount specified, which we recommend to be $1000 - $1500, (with the cost to replace a water heater as baseline recommendation) again depending on our initial assessment of the property condition.
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22 January 2021 | 19 replies
Garage door openers are a common repair item.
31 October 2018 | 13 replies
I get the part that debt collectors must cease collections under bankruptcy, but does that mean they reject debtor payments if they initiate?
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14 December 2022 | 6 replies
You'll also use these visits to understand rehab items and the associate costs.
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11 March 2017 | 6 replies
If after figuring for all those items make sure you are comfortable with the monthly situation regarding the payment.
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6 March 2017 | 1 reply
Here is what I always consider:TaxesInsuranceManagementMaintenanceUtilitiesRepairs (reserve for big ticket items)Once you have accounted for those items then see if the terms you get on the loan are less than the remaining funds.