Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Ross Francis Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Alex McGhee HOW / WHERE CAN I GET PROBATE LEADS?
9 July 2024 | 18 replies
That is if money is not an obstacle...
Sean Gribbons Denver Duplex Split
7 July 2024 | 0 replies
Hard Money How did you add value to the deal?
Daniel Tkach Rehab estimation costs
8 July 2024 | 16 replies
Its your money but I would drive the areas to get a feel for whats around what you are buying . 
Zak House Home Warranty in STR
7 July 2024 | 12 replies
Over the long run you will pay them MORE than you get that is why purchased warranties and insurances are HUGE money makers for those who provide them.
Sean Gribbons Lakewood Single Family Fix and Flip
7 July 2024 | 0 replies
Hard money How did you add value to the deal?
Sean Gribbons Wheat Ridge 32nd Duplex Split
7 July 2024 | 0 replies
Hard Money How did you add value to the deal?
Sean Gribbons Single Family Arvada Fix and Flip
7 July 2024 | 0 replies
Hard Money How did you add value to the deal?
James Carlson Hot tubs boost your STR revenues by 34% ... and other AirDNA findings
8 July 2024 | 12 replies
Our market is the same way, either spend the money on a hot tub or expect much lower revenues!
Maikel Figueredo How to wholesale when house is listed with and agent?
9 July 2024 | 28 replies
You run the risk of getting yourself in trouble at your level of knowledge about wholesaling or at the  very least, wasting money and a lot of time.