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4 March 2020 | 1 reply
Taxes, utilities, water, insurance, and P&I are all actual numbers.
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5 March 2020 | 1 reply
but I placed them in an expense/cost section along with water/sewer, trash, heat, electric, vacancy, management, maintenance, and capex.
4 March 2020 | 0 replies
Conscious decision, timing was important, price reflected generous buffer for known needed work.What I didn't realize is, the tenants are kind of irresponsible slobs, and rather than reporting things to me or applying a _proper_ fix, they'll do a hack fix (e.g. they tied a piece of cloth around a pinhole leak in a pipe, which resulted in expensive water damage years down the line).I've run into a such few cases, where repairs were needed due to long-term tenant negligence (when they rented from the previous owner, so basically before our lease), and I'd like to protect myself and hold them accountable for any future such things that come up.
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21 March 2020 | 42 replies
Will the units have separate meters for water, power or gas?
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4 March 2020 | 2 replies
We are renovating a unit and a plaster wall or two has some water damage and the contractor said it needs glidwall and gave us an estimate of $2,600 to fix.
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4 March 2020 | 6 replies
RUBS is a cheap system that is installed to bill back water utility charges to the tenants.
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27 March 2020 | 14 replies
A reputable cleaner will ensure your unit gets cleaned hell or high water.
4 March 2020 | 0 replies
We are testing the waters with rentals.
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5 March 2020 | 1 reply
Hi,I am looking to buy a home that had water damage and needs around 50K wort of work fix up.
5 March 2020 | 5 replies
it has crawlspace issues, retaining wall issues, and roof issues with visible water stains on walls and ceilings in multiple rooms.