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16 July 2018 | 3 replies
If not you need to increase CapEx to cover potential major repairs.
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22 May 2018 | 8 replies
When tenants damage the property they are responsible for the repairs.
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15 June 2018 | 2 replies
We recently foreclosed on a 3/1 SFR in Indianapolis and I'm looking for recommendations for a contractor to do some cosmetic repairs before we put it up for sale.
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23 May 2018 | 3 replies
.):- Plumbers- Electricians- Carpenters- CPA- Real Estate Attorney- Handyman- Appliance repair person- Property Managers- Home cleaning companies (To clean property when tenants leave)
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23 May 2018 | 4 replies
Granted you don't have any capx, vacancy or repairs within it.
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22 May 2018 | 3 replies
some lenders ask you to put some capital in reserve account while some investors do that anyway, by alocating 7%-15% of gross rent towards Repairs and Miantanance.
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22 May 2018 | 26 replies
It had foundation problems, fire damage (completely gutted), bad neighborhood, needed to many repairs, etc...
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28 May 2018 | 4 replies
This can include- oil changes, Maintenance, gas, repairs, parking, tolls, and depreciation.
22 May 2018 | 6 replies
House will rent for 1550Scenario 1: Pull 85% out, This would leave me with $8,700 cash in my pocket - Mortgage +T+I+HOA = $1,276.Scenario 2: Pull 80% out, I am left with $506 in my pocket - mortgage of $1,223The house is on the newer side so repairs should be moderate, and I plan to property manage it myself for now, but will build that into the equations since i want to eventually get out of Property management.
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22 May 2018 | 2 replies
Are there any major repairs that need to be done that you can think of?