Chris Newton
Tenant entered property 3 weeks after lease expired!!!!!!!
14 May 2018 | 6 replies
Jeez I tell you, yes she is now out my life but I have a bad feeling she will dispute the amount though feel I am covered as only charged $100 for cleaning and repair for excessive .5" holes everywhere, $25 for supplies, $80 for the smoke detector she took down and monoxide detecter she took with her plus $200 carpet cleaning and $325 to repair the holes.
Dilthon Ramos
Need guidance on how to help someone with their home
16 May 2018 | 4 replies
Have not seen the 2nd unit.My question is:Any ideas on how my friend's mom can keep her home and get the funds for the repairs?
Jordan Moorhead
$130,000 Profit from first House Hack
16 October 2021 | 57 replies
In those numbers repairs and updates were accounted for.
Jack B.
Have you raised rents due to property tax increases this year?
14 May 2018 | 5 replies
Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants, I'm also wary of them moving out as a result which would cost me even more (vacancy, turn over repairs, time, hassle, etc.).
Amie D.
What tenant paperwork can an owner view?
16 May 2018 | 29 replies
I am going to talk to the property manager tonight (as well as discuss the shoddy nature of the repair - just a small piece of wood attached that didn't even cover half of the broken window on the door leaving the house exposed, and had been that way for a week and a half when I saw it).
Jason Homa
Cost of Construction psqft in Philly
16 May 2018 | 7 replies
I am seeing prices for light rehab (some Sheet rock, paint, grout, caulk, moldings) for about $3,000 for a one bedroom unit- I mean there are so many ways you can define what is light rehab vs medium etc- but I got a few quotes for painting/some sheet rocking, new moldings, etc and that seemed to be the range (like 2500-3500$ for a one bedroom) including materialsplus an additional 300$ to clean out debris, and window repairs I'm still waiting on separate estimates for but can share information on what I get back :)
Darren Day
Seller Financing Scenario - Need Advice
18 May 2018 | 8 replies
They are a well rounded and responsible (good credit) family and he has done most of the maintenance and large repairs over the 15 years she's lived there.
Mary Daugherty
[Calc Review] Help me analyze this deal
15 May 2018 | 6 replies
They will eventually break down and need repair or replaced.
Lucien Gautreau
Finding Good buyer's Agents that are ok and BOLD with offers
18 May 2018 | 10 replies
It may mean the repairs are significant, or it is in an undesirable area.
Josh Amidon
Thoughts on first buy and hold property using owner financing
15 May 2018 | 4 replies
As Kenneth said, make sure you factor in vacancy (8%), capex (5%), repairs (7%), prop mgmt (5% even if you do it yourself).