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All Forum Posts by: Shan K.

Shan K. has started 8 posts and replied 46 times.

A month ago we had a pinhole water leak in the rental unit . We got it fixed same day. Water damage restoration company removed some drywall and flooring . They did complete dry out and sanitized the area .They covered the area with plastic with zipper access. Formal dining area and along with small part of kitchen is impacted . Now we have very unhappy tenants. They are complaining about mold. Sent out mold company they told that impacted area is dry there is no visual sign of mold. They recommendations air quality inspection to protect us . Tenant now want us air quality inspection, before they can allow any repairs . Tenants do not have renters insurance offered various concessions like half months rent , half months electricity bill and water bill reimbursement etc . We also offered them to terminate the lease if they like to move out . Tenants are trying to mix up past issues with water leak issue. It has been over month now and we can't send contractors to bid or fix up the drywall and flooring . We have given 24 hours and try to get access to the property . Tenant sent an email specifying a certain sequence things need be done before allowing repairs. What should be our next step. Tenants are trying frame us for potential law suite? Is it time to get a real estate attorney ? Has anyone used a good real estate attorney in San Diego area ?
Hi Jonathan, I am investing in the area . Please keep me in loop. Cheers Shan

Post: $$ Buy and hold special $$$

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

I am interested  in this one. Please contact me [email protected]

Post: Riverside Flip Ready to Assign!

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

Interested in this one. Please send me the comps. [email protected]

Post: Rancho Bernardo Fixer!

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

@Zac Vines sent you a text message. I am very interested in this deal

Post: Owner finance on Ogden, Utah Duplex! Great terms and cash flow!

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

Please add me the list

Post: Vacant lot ready for 2 Homes in Tampa available for Joint Venture

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

@Devon Garbus  Send me more info on this. Do you have comps for 400000 Sales price? What are the specs on the homes. [email protected]

Post: Water damage insurance claim not disclosed

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

We were told that something in the upstairs bathroom pipe had a leak. Water made it to garage and kitchen . In addition fixing the source of leak they had to fix drywall at various places . Should I be concerned about mold ?

Post: Water damage insurance claim not disclosed

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11
With in due diligence period in SFR. When called for insurance claim agent found water damage claim on the property . Sellers did not disclose this information when our offer was accepted . When asked sellers sent invoice which is lower than the amount claimed on insurance . Appears that they fixed the problem but haven't done inspection yet . I have following concerns love hear from the fellow BPers. 1. Does the water damage history impact the value of property. Will it create issue when I sell the property . Unlike current seller will I be required to disclose scaring off potential buyers when I sell. 2. Will the insurance companies charge higher premium because of negative history . This is going to be rental unit . What will be impact another incidence in the property . 3. Does this discovery warrant price reduction ? We like the property and its location . Thanks in advance for your comments . Cheers Shan

Post: Deal Analyzer whats is the best ?

Shan K.Posted
  • San Diego, CA
  • Posts 54
  • Votes 11

I am looking to build a list of people who are interested in working with me to building this tool.

https://docs.google.com/presentation/d/1tKrxGk7EvA...

@Kuba F. I have identified the list of features I am want to add. Feel free to suggest what you would like to see.