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11 December 2024 | 5 replies
I would keep and organize all of your communication around this issue, including gathering pictures of the unit and the area in question that was repaired.
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10 December 2024 | 39 replies
Further, we need to account for a $10k “reserve” for what will be repairs / maintenance as the property ages.
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8 December 2024 | 4 replies
Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits.
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11 December 2024 | 29 replies
Also, they will NOT stop paying UNLESS you do not do the repairs in the time allotted.
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6 December 2024 | 3 replies
Yes, if you are confident in your numbers....particularly the repair/reno numbers. $20k is not much and will be eaten up real quick.
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30 December 2024 | 89 replies
I did this to build rapport I did not need to do this since my landlord in my lease is responsible for all repairs that are not caused directly by me or my guests.
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12 December 2024 | 10 replies
Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners.
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8 December 2024 | 12 replies
You'll likely have inspection related repairs every year.
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8 December 2024 | 8 replies
if there is lots of interest, they can say to you "that's a nice list of 'issues' your inspector found - give me asking price, or find another property. i'm not making any repairs or lowering the price."
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6 December 2024 | 2 replies
(My contractor often just answers these calls and makes the necessary repairs without me ever knowing).