Estimating “Rental Turnaround Cost” “Normal Wear and Tear“: The inevitable physical decline of the condition of a property from time and usage. Normal wear-and-tear increases over the useful life of any property or asset. It results from normal usage by its occupants as well as from weather and other natural forces that surround it. Would-be...Read More
So Which Is It? One side effect of a market flooded with both sales and rentals is that renters are gaining clout when it comes to negotiating, just as buyers have. –“As Sales Slump, Rental Stock Rises“; The New York Times (9/25/2010) To the chagrin of many renters . . . the balance of power...Read More
