Sentences with phrase «time repairing the property»

Not exact matches

Freid makes sure that, in their newsletters, his hotel properties tout examples of superb customer service, such as the time a concierge had a shoemaker repair a broken high - heel shoe that a customer had asked him to throw away.
For the past 12 months, we have kept 2 full - time crews busy maintaining and renovating our properties, not including electricians, plumbers, roofers, foundation repairs, landscapers, carpet vendors, and HVAC service technicians.
Your equity would be defined in each cashflowed home, cash flow of repairs outside of owned properties, as well as equity upon sell of some, or liquidation of all homes at any point as deemed most profitable timing as the market improves.
At the time, Hutchison owned docks, repair shipyards, property and retail stores in Hong Kong and Guangdong.
That means any time a disaster strikes, it becomes horrendously expensive to repair all the infrastructure and personal property.
Resident Manager — Often times apartment owners and property managers will trade free - rent in exchange for a tenant to look after the place, collect rent, do maintenance repairs, and essentially «manage» from within the complex.
During the time you own that property, you'll have to pay for taxes, insurance, maintenance, repairs, administrative costs, and other expenses that can cause negative cash flow, which removes money from your bank accounts, instead of making them grow larger.
Furthermore, we handle all of the paperwork, payment collection and repair services to ensure landlords can focus their time and effort on other endeavors without sacrificing the performance of their investment properties.
Property typically appreciates in value over time, the only costs incurred are repairs and maintenance.
When completing major repairs to your house or property, often times you have to budget the total cost to ensure the work is done without impacting your daily expenses.
Lesson learned: «As someone who has owned and leased out many properties, I can tell you firsthand that being a landlord is really tough, and I would never recommend it for a first - time home buyer who probably is just learning how to do basic repairs and manage utility bills,» says Feldberg.
FYI, I got the $ 500 / month loss by assuming that repairs / emptiness / etc will cost you about $ 200 a month, and added $ 50 for your dad's time managing the property.
Owners of rental property, according to Ramsey, should be aware that repair work will be required from time to time.
As a seller, if you have owned your property for a period of time, an inspection can help identify potential problems and recommend preventive measures, which might avoid future expensive repairs.
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes, repair before going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
So, the $ 1,500 you're going to be making in mortgage payments might actually be more like $ 2,500 a month by the time you add in property tax, repairs and maintenance and whatnot.
Imagine not understanding where you are in the tenant turnover process or the needed time to repair an item in your property.
Let's take 10 % (a rough estimate) for some repairs, advertising, and time associated to mange the property which would leave us a NOI of $ 18,360.
By the time they retired at age 65, the property market had not taken off as they hoped and they only got $ 140,000 for their house after selling costs and repairs.
It can take a significant amount of your time and money to make repairs and keep up with the overall property management.
Allowing a real estate investor to borrow funds for a short - term of time in order to purchase a property, make repairs and improvements and then sell the property quickly for a profit.
The biggest problem is that short sales are frequently sold quickly, and when the seller is in distress — they likely don't have the time, money or energy towards home repairs, so often short sale properties are in a less than ideal condition.
The time came, however, when wind - and flood - damaged properties were repaired — and then offered on the market at good prices.
• Was there enough time for a reasonable property owner or employee to repair or eliminate the dangerous situation?
In summary, chancel repair liability will continue to be a going concern for all property transactions up until 13 October during which time conveyancers should continue to carry out searches and where appropriate, insure against this medieval risk.
The condition existed for a long enough period of time that the property owner should have reasonably been made aware of its existence and had time to repair it prior to your accident
Announcer (voiceover): Then, make sure you know what type of personal property coverage you have: A «replacement cost» policy typically pays the dollar amount it would take to buy a new item at the time of a claim, while an «actual cash value» policy pays the cost to repair or replace minus depreciation.
Under time element coverages, losses are tied to the length of time it takes to repair damaged property.
Some fire insurance covers for providing you with complete replacement of damaged property, but some will only cover for repairs, or just cover for the financial value at the time of the incident.
Bodily Injury includes coverage for required medical attention and lost work time; property damage includes coverage to repair or replace damaged property, as well as loss of use; and personal and advertising injury includes coverage when you are sued for libel or slander.
Provides payment based on the cost to repair or replace damaged property less depreciation at the time of loss.
How much income you lose as a result of a business suspension depends largely on the time required to repair damaged property.
Personal property is usually replaced based on cash value at the time of loss and not more than the amount needed to repair or replace a damaged item.
So if your window is broken and lets rain in, the landlord isn't responsible for that damage to your property as long as they make repairs in a reasonable time once they're aware of it.
Worse yet, during the time repairs are being made and before tenants can retrieve undamaged property, it's becoming more
Building Structure Reimbursement typically means your dwelling is covered for more than the actual cash value — up to your policy limits — if you repair or replace the damaged property within the required time period.
If an unsafe driver gets into an accident on company time or in a company vehicle, it falls to the employer to pay for any necessary medical bills, property damages, repairs and lawsuits.
While you focus on making property repairs, this policy pays you for lost profits during the time you have to stop your usual operations.
Each time a commercial property experiences weather - related damage, the owner must close the establishment until the repairs meet health and building safety code regulations.
The Holdback One of the basic principles of replacement cost insurance requires that the insured not receive the replacement cost amount until the property is actually repaired or replaced and done so within a reasonable time frame.
Installed and repaired all Doors, Hardware, Acoustical Ceilings, Flooring and Tenant Improvements enabling the Property Manager more time to address other propertyProperty Manager more time to address other propertyproperty issues.
Skills relevant to this position and found on applicants» resumes include handling minor maintenance repairs, overseeing the set up and tear down of sets, updating the LED sign announcing dates and times of special events, and driving and performing minor maintenance on property vehicles.
• Proven record of professionally showing available properties to clients by highlighting their positive attributes • Excellent skills in performing walkthrough inspections to determine wear and tear and provide feedback so that repairs can be handled in time • Competent at screening tenants to ensure their credibility and honesty to minimize problems such as future encroachments or takeovers • Adept at preparing leasing documents such as forms, taxes and legal papers
• Introduced the concept of «model apartments», thereby increasing interest of prospective individuals in renting apartments in the building • Trained and inducted the entire staff for a residential building just in time for its opening • Inspected property to ensure its safety and report any untoward incidents such as signs of forced entry or vandalism • Maintained building systems by hiring and / or contracting services of maintenance and repair staff • Handled client complaints by ensuring that they are properly investigated and addressed on time • Maintained budgets by ensuring that all operational work is performed within the set financial allowance
While in the «free» time I invest in buy and hold properties that typically need significant repairs as my side gig.
At the same time, the average homeowner receives just $ 5,000 in aid for property repairs and a low - interest loan that must be repaid along with the mortgage.
Deborah Korlin of seviernewsmessenger.com in Sevier County, Tenn. says if there is no immediate turnaround pressure, sellers should spend some time figuring out what they can afford to do to make their property appealing and what repairs are necessary.
And sure, walking through dozens of properties will help me with estimating repair costs and whatnot, but that takes time.
With this much leverage, your Debt Coverage Ratios can potentially get very thin, and multiplying this across an entire portfolio of properties financed in such a fashion, the risk is very high that a confluence of issues with the economy / rents, large capital repairs, high vacancies, etc., can bring down the house of cards and ruin your credit for a long time.
Occupancy, Continued f. Delayed Occupancy Due to Property Repairs or Improvements Home improvements or refinancing loans for extensive changes to the property which will prevent the veteran from occupying the property while the work is being completed, constitute exceptions to the «reasonable time» requProperty Repairs or Improvements Home improvements or refinancing loans for extensive changes to the property which will prevent the veteran from occupying the property while the work is being completed, constitute exceptions to the «reasonable time» requproperty which will prevent the veteran from occupying the property while the work is being completed, constitute exceptions to the «reasonable time» requproperty while the work is being completed, constitute exceptions to the «reasonable time» requirement.
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