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25 February 2025 | 5 replies
I would see if you could get seller to pay for the repairs and you raise the sale price by the expected cost of the repairs.
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26 February 2025 | 21 replies
(For me it’s $250, which unfortunately or fortunately means many repairs are $250.
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19 February 2025 | 9 replies
The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.
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16 February 2025 | 11 replies
Sometimes people will list it low knowing that there are repairs.
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11 February 2025 | 8 replies
It’s all good now and this was just a question since it related to repairs but ended up being a seller credit instead of my coming out my pocket to do repairs.
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18 February 2025 | 6 replies
I'm curious what more experienced investors will leave to finish repairing after they list the property, but before they start to show it (or lease it).I start the marketing about two weeks prior to completion, with an advertised availability date of one week after completion.
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18 February 2025 | 2 replies
In my opinion, since the tax code is open to interpretation, I interpret as much of my costs as repairs unless something obviously falls into the definition of asset.
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14 February 2025 | 21 replies
If it’s a 1910 mansion you obviously need a boatload more to pay for maintenance/repairs than a 2025 condo.
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6 February 2025 | 5 replies
Hi all investor here with a sfh property in Oklahoma, I have been having ongoing plumbing issues almost every week with toilet clogs etc since last year, and recently they had to repair the sewer lines and had to excavate the backyard and living room floors costed me tens of thousands of dollars.
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4 February 2025 | 14 replies
Try to anticipate other potential avoidable situations with a follow up inspection to assess the Locksmith’s work and ask your tenant(s) if you can also use the time to assess for other issues such as unchanged HVAC filters, leaky pipes, working shutoff valves, working smoke detector batteries, properly working downspouts, clogged dryer vents, evidence of water damage from leaking roof, etc,etc,etc.