Cutting corners to save time might seem like a good idea, but it can lead to expensive repairs later on. Have you ever faced repair issues because a project was rushed? What did you learn from that experience?
I hate to post about the cliché problem of a toilet not flushing at 2 AM, but I'm currently dealing with this problem with a particular property under management. They have received 3 emergency calls (and charged me a...
I am a new investor and just had a property inspected today. I have two questions.1. The plumbing scope found new plumbing in the house but outside the house was rusted cast-iron that the scope was unable to continue ...
Hello everyone! I am currently under contract and seeking some guidance on repairs that need to be made on a home I'm buy. So there's two types of repairs that need to be done repairs to close and plumbing repairs tha...
I've got a few vacancies for long term tenants right now. With proper upgrades I can generate an additional $500 per month in rents. However between needing two new roofs, and other repairs I will soon be out close ...
What figures would you use in figuring Repairs or Capital Expenditures when either underwriting a new construction duplex/group of duplexes or possibly purchasing a group of newer (around 5 or so years old) duplexes.A...
Hello everyone! I am currently under contract and seeking some guidance on repairs that need to be made on a home I'm buy. So there's two types of repairs that need to be done repairs to close and plumbing repairs tha...
A month ago we had a pinhole water leak in the rental unit . We got it fixed same day. Water damage restoration company removed some drywall and flooring . They did complete dry out and sanitized the area .They cover...
Hello everyone, how much do you set aside for repairs each month when analyzing a property?
The property has not be bought yet, has not been seen in person, the property is just listed on a website.
This
question...
I own a property in Ocala that was managed by Resolute property management now known as Clear property management for the past 2 years. Rent was paid on time and didn't have any issues. However when tenant vacated in ...