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All Forum Posts by: Ericka L.

Ericka L. has started 3 posts and replied 8 times.

hi Denise. same situation here, I need to move in one side and I already have a tenant in mind for the other unit. I've requested that both units be cleaned and vacated by June 30, closing on July 1. it's a good thing yours are both MTM so they only require 30 days notice to vacate, and yes it's the seller's responsibility to get them out. make sure whichever unit you choose to vacate, you keep the one paying the higher rent, if applicable.

thanks everyone.

pretty good deal in my estimation.. yes, I'm insisting they figure it out themselves. while I understand them not wanting to sink this kind of money into a home they won't be owning anymore, but... they're the ones making a profit, I'm already having to contribute closing costs and do initial repairs. the sucky thing is that they can choose to walk away if they're​ not satisfied with my answer.
Under contract for a duplex. city came and inspected the property (separate from the typical inspection I had done a few days after my offer was accepted) and they came back with a list of issues the seller must fix before closing. apparently there is one water main line to the house and the tenants have been sharing the water costs. the city is requiring that a second water line be added. the seller has asked if I would help with the costs...to the tune of $6,500. I told my attorney to tell her no (both he and my agent were in complete agreement that getting the place up to code is something I should not be even partly responsible for). my agent asked if I was prepared to walk away from the deal if the seller insists I help. what would you all do? any experience with this issue?
Thanks, Corina. did you have them sign leases as well? were you still able to treat the property as a rental for tax purposes?

Hey all, I'm currently under contract for my first home/investment...a duplex... and my mom has asked if she could be a tenant in the other unit. She lives in GA and is trying to sell her home since my dad passed away in December 2016.

She'd be an actual paying tenant, paying the same amount as the tenant who is vacating prior to closing. Is there anything I need to consider in this transaction? is a lease still recommended?

Does anyone have any experience with renting to a family member or just general advice on this?

thanks a lot!

-- E

thank you! I got the property for about 20 grand below asking. I discussed the issues with my agent and we're in agreement that the several items I noted should be addressed by the seller

Hey everyone, I'm a first time home buyer under contract for a duplex which I'll live in and rent the other side. I just got the inspection report today and I'm wondering what you would have the seller fix before we close? I keep hearing from my lawyer and agent that "Per the contract, the requests should be limited to major defects as opposed to routine maintenance or minor issues." But I see several things that aren't necessarily major, but should absolutely be addressed (like a broken gate, broken garage door opener, screens torn out, doorbell not working/there, etc.). If I'm paying hundreds of thousands of dollars, shouldn't it be the way I want it?

Based on your experiences (as both buyers and sellers)...what's reasonable for me to request?

thanks in advance!!

Exterior

  1. The walkways were cracked and should be monitored for action.
  2. Sections of the aluminum siding and trim were damaged and should be replaced.
  3. There was weathered wood trim throughout that should be replaced as necessary.
  4. We recommend installing window well covers over all window wells.
  5. The left-side gate was damaged and should be repaired or replaced.
  6. Some of the hose spigots were inoperable and this should be corrected.
  7. There was some minor cracking throughout each driveway that should be repaired as necessary.
  8. There was storage in the 1070 garage that obscured some areas from visual inspection.
  9. The Genie overhead garage door opener was not working properly and should be serviced or replaced.
  10. The garage door opener was plugged into an extension cord and a dedicated outlet should be installed.
  11. We recommend installing downspout extensions to divert drainage away from the foundation of the home.
  12. Each overhead garage door was damaged and should be monitored and repaired or replaced as necessary.
  13. The patio screen door was badly torn and damaged by the dog and should be replaced.
  14. The left side storm door was missing and should be replaced as necessary. The front storm door was detached from the closer device and needs to be repaired.
  15. The front doorbell was inoperable and should be replaced.

Basement

There were a few cracked floor joists in the 1070 basement that should be repaired or replaced as necessary. One was located in the right rear section while the other was in the left rear section.

Plumbing

  1. Some of the hose spigots were inoperable and this should be corrected.
  2. The hall bathroom tub was slow to drain and should be cleared by a plumber.

Electric

  1. There was a double tap observed inside each main electrical panel that should be further evaluated and separated by an electrician.
  2. The kitchen outlet(s) were not GFCI protected and should be updated. All exterior outlets and outlets within six feet of a water source should be GFCI protected.
  3. The bathroom exhaust fan was loud and should be serviced or replaced soon.

Alarms and Detectors

There were no carbon monoxide detectors in the home and one should be installed within 15 feet of every bedroom.

Interior

  1. Several windows were quite weathered and worn
  2. The glazing was cracking om most windows
  3. Several windows had weak or failing sash supports
  4. The left side rear window did not close properly
  5. There were previous moisture stains on the right rear bedroom ceiling that were dry at time of inspection, but should be monitored for action. The bathroom ceiling was also stained and damaged from moisture.
  6. There were some window screens that were torn and should be replaced.

Living Areas

  1. The counter top was burned and damaged and should be replaced as necessary.
  2. The floor had minor damage throughout that should be monitored for action.