16 April 2018 | 41 replies
Maybe a week if it required a lot of work, if not just a few days to touch up paint, new occupancy permit, make w/e small repairs necessary, then move it.
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14 April 2018 | 5 replies
Biggest focus should be on a company who isnt going to rob you blind with repairs or is more interested in getting their placement fees every few months for the bad tenants they continually place.
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16 April 2018 | 6 replies
Repairs are higher than you expected etc.?
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13 April 2018 | 4 replies
Fast forward: Servpro serviced and Insurance fixed the repairs, basically everything seems new in this place, but I'm still not sure how to feel about it.
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12 April 2018 | 0 replies
Cap Imp vs Repair Expense IRSI'm in the middle of doing some 2017 tax crunching last minute so of course I am on Bigger Pockets forum instead of finishing up my taxes :-)Anyways here's a useful tip on Cap Improvement vs Repair ExpensesMy strategy has always been to increase regular maintenance, repairs (Repair Costs) and spread out costs over time instead of the hands off approach to defer maintenance into larger Capital Improvement expenses.
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17 April 2018 | 14 replies
*Vacancy*Repair & Maintenance*Capx, as well as future assumptions:*Annual Income*Annual PV Growth*Annual Expenses Growth*Sales Expenses
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12 April 2018 | 2 replies
Yes, the total payoff was 35k, ARV 115k, 50k Repairs.
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13 April 2018 | 3 replies
Tax day is upon me and I'm the idiot who who is waiting to the last minute to file the return, should of had a CPA ..My question is that I did a rehab and repair in the tax year 2016 but wasn't completed until the year 2017 and the property rented out in the year 2017, should I have entered the cost of the rehab/repair cost in the year 2016 tax return or should I have done the portion of the house that was done in 2016 against the 2016 tax basis?
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7 May 2018 | 6 replies
The last time I tried, I tried to do all repairs myself and I played property manager.