All Forum Posts by: Gp G.

Hi,

Can you please share mold and pest etc. addendums you are using in leases. What other addendums we have to provide in lease and have tenants to sign. Please advise

What are the must-haves to have your insurance policy ? What are the best coverages and limits to have in insurance policies to cover edge case scenarios like these Insurance Policy with water, mold, vandalism, pest etc. Also lot of insurance companies to give new quote asking for proof of new roof replacement otherwise not giving quote which concerns me as my roofs are very old replaced by previous owner or original roofs. Please advise

Thank you for your feedback. 

Can a realtor help with 1031 exchange as I never did it. I may need some hand holding to do first time without any issues

Hi All,

I am thinking to sell my old  property. For example if my property sells for 300k I have to pay 6% to realtor which leaves me at 282k. Out of 282k how much taxes I have to pay right away and how much taxes I have to pay during end of tax year time. Any other closing costs or fees or charges I have to consider.  Any way I can save these costs or fees or charges. I like to sell this property 'as is' to avoid any potential issues in future. How does 1031 exchange works. How to sell this property in 1031 category and buy other property ? How many days I get to purchase other property. I never did 1031 exchange so far. Please advise

Thank you for your detailed feedback. This is single family house but converted as duplex by previous owner. Rain water leak happened on one unit where these tenant issues happened. Should I ask PM to send his own mold inspector and remediation contractor to check other unit also which is not impacted just to be safe side. My mold contractor and remediation contractor checked other side and said all good there. He basically checked attic and inside units. Should I ask PM to check Crawlspace area also which was not checked by my mold contractor and remediation contractor? Please advise

Regards,

I have a roof leak. Then roof contractor removed broken skylight in the roof. I called my own mold remediation contractor who tested and remediated mold.  Tenant not trusting this work as he is out of home when this work is performed as he has some minor surgery. Tenant says to PM now that he got a doctor report which says he has mold in his lungs. PM trying to send his own mold inspector and remediation contractor to test again to see any mold and remediate accordingly if needed. Any further steps I have to take to resolve these issues soon without any challenges. Please advise

Regards

Thank you for your great feedback. PM selection is most complex process. I burnt my fingers already in the past with bad PM. That is reason I like to go through referral first then go more detailed questions to those PMs. What are best questions to ask to filter a good PM?

Hi all,

Did any landlords do master leasing with master leasing companies for their properties instead of delegating to traditional property managers. May I know what are advantage, disadvantages of master leasing compared to traditional property management? Any good master leasing companies around Atlanta area? Please advise
Thanks,GP

Thank you. I just sent request to connect with you as well

Thank you. I just connected with you as well