Hoe to buy existing rental property-Part 5 Repairs and Maintenance

Share this & earn $10
Joe Pryor
Published at : 04 Dec 2020
1 views
0
0

The purpose of a home inspections are simple, does it work or not work, and are there any termites existing? Getting the right home inspector is critical and we have some we have worked with for over 20 years with great reputations. Once the home inspection is in then we normally put in a request for the seller to do all repairs cited. The contract is contingent on buyer and seller agreeing to this otherwise the contract is void. We also require termite treatment if infestation is found. One thing the inspectors we use help us on is give their overall opinion about what maintenance they recommend in the next five years. That way we can add that to our return on investment analysis. Besides doing that the property manager and I can look at what upgrades and improvements will enhance the rentability of the property. It can be going with a stone counter instead of formica, adding ceiling fans, and upgrading anything we see as looking cheap. We evaluate what kind of paint they used on the walls and if it is flat paint we want an upgrade to low luster or eggshell to make it easy to clean and touch up. I can name more but you get the idea. This wraps up this series. Price, condition, getting on a good property quickly, red flags, and inspections and improvements are just some of the keys to doing this right wherever you are. We would love to get you started with conservative, lower risk real estate investments. We have a complete team of specialist to assist you in every aspect of your purchase either new or existing. Just remember that existing properties require even more due diligence. If you would like to start investing in Oklahoma City real estate for rental, please contact me at joe@vreteam.com.
Oklahoma City home rental repairs and improvementsOklahoma City real estate home inspectionsThe dos and don'ts of investing in Oklahoma City rental property

A Moving Story About Gratitude

A Moving Story About Gratitude

Best Binoculars Under $250

Best Binoculars Under $250

Kyrie Irving Implies That LeBron James Is Not Clutch and That He Doesn't Have a Head Coach

Kyrie Irving Implies That LeBron James Is Not Clutch and That He Doesn't Have a Head Coach

Ludovico Einaudi - Life (Official Music Video)

Ludovico Einaudi - Life (Official Music Video)

Top 10 Pranks of 2020 | BEST of Just For Laughs Gags #223

Top 10 Pranks of 2020 | BEST of Just For Laughs Gags #223

~ Pick A Card ~ 🤔🔮 Are You On Their Mind? 🔮🤔💕 Timeless Tarot Love Reading

~ Pick A Card ~ 🤔🔮 Are You On Their Mind? 🔮🤔💕 Timeless Tarot Love Reading

A Slice of Long Island history, part 1

A Slice of Long Island history, part 1

Where Is Revenue Minister R Ashok Who Should Have Taken The Responsibility Of Flood Relief..?

Where Is Revenue Minister R Ashok Who Should Have Taken The Responsibility Of Flood Relief..?

Yassuo Reveals More Information About Fedmyster Leaving OfflineTV | OfflineTV Drama

Yassuo Reveals More Information About Fedmyster Leaving OfflineTV | OfflineTV Drama

Breathing in Mercy - By Matthew Parker & Shaping the Silence

Breathing in Mercy - By Matthew Parker & Shaping the Silence

Face-To-Face with a GIANT HYENA in Ethiopia + Huge Ethiopian Street Food Tour in Harar!

Face-To-Face with a GIANT HYENA in Ethiopia + Huge Ethiopian Street Food Tour in Harar!

Diana wants to play sports

Diana wants to play sports

If You're Feeling Anxious or Depressed, Watch This (Matthew Hussey)

If You're Feeling Anxious or Depressed, Watch This (Matthew Hussey)

Can You Upload Your Mind & Live Forever? feat. Cyberpunk 2077

Can You Upload Your Mind & Live Forever? feat. Cyberpunk 2077

How to Master a Skill - 7 Golden Rules from an Expert Learner!

How to Master a Skill - 7 Golden Rules from an Expert Learner!

Antevisão - Liga NOS | FC Famalicão x Sporting CP

Antevisão - Liga NOS | FC Famalicão x Sporting CP

LOTS AND LOTS OF TRAINS DVD + FREE Audio CD As Seen On TV!

LOTS AND LOTS OF TRAINS DVD + FREE Audio CD As Seen On TV!

Were the Unabomber’s Predictions About Technology Correct?

Were the Unabomber’s Predictions About Technology Correct?

What Does It Mean to Die? | Technology and Death

What Does It Mean to Die? | Technology and Death

Civil Rights Movement Through Music and Pictures

Civil Rights Movement Through Music and Pictures

4. SCRUM - Die Rolle des SCRUM Product Owner

4. SCRUM - Die Rolle des SCRUM Product Owner

Who is suitable for breast reduction?

Who is suitable for breast reduction?

The Desk - Short Film

The Desk - Short Film

HWR | Days 16 & 17 | Meals and moving forward

HWR | Days 16 & 17 | Meals and moving forward

VULFPECK /// Half of the Way (feat. Theo Katzman)

VULFPECK /// Half of the Way (feat. Theo Katzman)

Twitter is attempting to control society: Kennedy

Twitter is attempting to control society: Kennedy

DÉBUT DU NOUVEL OBJECTIF ! A NOUS LA RICHESSE - DOFUS Touch

DÉBUT DU NOUVEL OBJECTIF ! A NOUS LA RICHESSE - DOFUS Touch

Video Ads Made Exclusively for Social Media and Mobile

Video Ads Made Exclusively for Social Media and Mobile

Taylor Swift - Gorgeous (Lyric Video)

Taylor Swift - Gorgeous (Lyric Video)

The Possibility of Explanation | Finale Doshi-Velez | TEDxBoston

The Possibility of Explanation | Finale Doshi-Velez | TEDxBoston

How to get 10k in T1 - Unsure if want - HCR2

How to get 10k in T1 - Unsure if want - HCR2

6 Inspiring Success Stories - Famous People Who Made It Against All Odds

6 Inspiring Success Stories - Famous People Who Made It Against All Odds

7 iPhone Privacy Settings To Turn Off Now

7 iPhone Privacy Settings To Turn Off Now

FIRST TIME - Roti Rolling Practice 🤣🤣 - Rate this - Mufti Menk

FIRST TIME - Roti Rolling Practice 🤣🤣 - Rate this - Mufti Menk

Describe a house or apartment you would like to live in | IELTS Speaking Part 2

Describe a house or apartment you would like to live in | IELTS Speaking Part 2

Quarantine, testing not required for asymptomatic Filipinos coming from low-mid risk countries

Quarantine, testing not required for asymptomatic Filipinos coming from low-mid risk countries

Birth Control Pills (Hindi) || 1mg

Birth Control Pills (Hindi) || 1mg

English Modal Verbs - May, Might, Could, Can - Talking About Possibilities

English Modal Verbs - May, Might, Could, Can - Talking About Possibilities

Past tense of 'Catch' and other Forms of Verb "CATCH"

Past tense of 'Catch' and other Forms of Verb "CATCH"

李榮浩 Ronghao Li - 有理想 An Ideal (Official 高畫質 HD 官方完整版 MV)

李榮浩 Ronghao Li - 有理想 An Ideal (Official 高畫質 HD 官方完整版 MV)

An admittedly flawed history of stock markets and investment strategies

An admittedly flawed history of stock markets and investment strategies

How to Install Steering Wheel Cover DIY Fitting Instruction

How to Install Steering Wheel Cover DIY Fitting Instruction

Types of Solution | What is a solution? Chemistry

Types of Solution | What is a solution? Chemistry

Buzzer Beater: Americans Delight In Fly’s Cameo On VP Pence’s Head | MSNBC

Buzzer Beater: Americans Delight In Fly’s Cameo On VP Pence’s Head | MSNBC

You Ought To Let The Joy Flow

You Ought To Let The Joy Flow

REVALS - Must

REVALS - Must

Them Crooked Vultures You Can't Possibly Begin To Imagine Live Tokyo, Japan 10 HIGH QUALITY

Them Crooked Vultures You Can't Possibly Begin To Imagine Live Tokyo, Japan 10 HIGH QUALITY

Daedelus - Know What You'd Like

Daedelus - Know What You'd Like

The significance of vrata observed on the previous day of yaga

The significance of vrata observed on the previous day of yaga