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10 February 2012 | 6 replies
We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.
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17 October 2012 | 55 replies
The revilization will be more effective the more diverse the investment.) and draft a plan to bring back the area.
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11 February 2012 | 3 replies
I am currently charging a fixed monthly fee based on the size and # of units which covers all your routine repairs, plus cleaning.
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12 February 2012 | 2 replies
While this is not an advertisement for a real estate company, it did get me thinking whether or not this would be an effective marketing tool for a rehab business.
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16 August 2019 | 3 replies
He lives out of state, has owned the property for about 20 yrs and doesnt want to deal with it anymore, so there is plenty of motivation...The father who showed me the property did some cleaning and some painting because the previous tenant left the place a mess but there is still work that needs to be done.
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31 March 2012 | 4 replies
Yes, probably uncooperative junior lien holders, or the bank saw that the seller had additional assets or a good job such that they could effectively go after them on a deficiency judgment, versus the SS where the seller was probably negotiating hard to be fully released from the debt.
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1 April 2012 | 28 replies
What about things like mowing the grass, keeping the common areas cleaned, utilities to common areas, water/sewer/garbage for the building, snow removal (ND after all)?
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15 February 2012 | 1 reply
I have used a lot of carpet cleaning companies in the past.
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21 February 2012 | 13 replies
A judge may say that intermingling funds or using company accounts to pay personal expenses, or representing yourself as the business or other things may effectively pierce the veil.
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19 June 2012 | 23 replies
Second, my rehab is generally painting and cleaning.