Quote:
Originally Posted by epitome
That is different how?
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off the top of my head? It's not something you can write off as a landlord for taxes, its not something the tenant can right off. It interferes with your cash flow on the property, which will effect your earnings. if they aren't qualified to make the fixes they could cause major damage that will cost you more and because there was no contract suing them will not be easy--not to mention you will have to pay to have it fixed twice. If they spend too much and want more money you can get burned with spending more and because there was no contract they can claim anything they want.
If you instead got them to come up with a quote, you accept it sign a simple agreement and then pay them that way you are covered for all those.
so yes, there is a difference..