30 December 2017 | 3 replies
So how are we supposed to do repairs for a sale when tenants want 24 hours notice and are not cooperating.We have a timeframe to get them done and repairs required need her to make room and move possession.Termite damage and repair, electrical work and install baseboard heaters.Her possessions are blocking all access.
2 February 2018 | 12 replies
Be sure to compare energy ratings too.
30 August 2018 | 52 replies
All units separately metered, electric heat for the whole place but the tenants pay so not too bad.Cons: Condition - not great, tenants, not-great.
6 January 2018 | 7 replies
If it is a legal 2-family with only 2 apartments in it, make sure there are three electric meters (unless you pay for the electric for all apartments)--you need to have a 'common area meter' that the owner pays for, ie hall and exterior lights.After getting an Attorney lined up, and a search done re violations, I would speak directly to the tenants.
7 January 2018 | 6 replies
How are expenses paid for by the trust tax deducted, i.e. roof replacement, plumbing and electrical expenses, etc?
1 March 2018 | 19 replies
- Also do not forget PMI if you are less than 20% down, also overestimateCap Ex (8-12% depending on the size of the property and age)Vacancy (8-12% depending on how long a unit sits vacant, tough to estimate)Maintenance (8-12% depending on size of property and appliances)Water/Sewage (sneaky expense, over estimate per person)Other Utilities (Electric house meter, is it separately metered?)
4 November 2018 | 6 replies
I have a 2bd 1ba with seperate electric furnace on rent....And comed bill to my surprise came up to 600.
7 March 2018 | 5 replies
If an electrician finds a place that needs all new electrical, but the rest is solid it is a whole lot better of a deal than it is for the drywall guy.
12 February 2018 | 2 replies
Sounds like a lot of work, water damage, and possibly replacing the floors, all the insulation, fixing plumbing, possibly electrical (which if there's a leak could be a shock hazard so be careful) Termites?
6 April 2018 | 2 replies
Each one has a separate electrical connection.