All Forum Posts by: Todd Runstein

My wife and I have cash on hand, but limited time. We're looking for a turn key ready, or light fixer as a rental close to our home. The market here is extremely competitive, even though we're making cash offers.

After making a cash offer on a short sale, the seller's agent hinted to our agent that our price was good, ours was the only cash offer to include a 10 day, post-third-party-approval inspection period. We've saved thousands by doing sewer inspections before, and I don't want to skip that step. I realize we will likely have time between the seller accepting our offer and the bank approving, but I also don't like the idea of paying for inspections before knowing that we'll actually be able to go through with the purchase. 

Is it typical for cash buyers to forgo the inspection period? Would you remove the inspection period from an all cash offer on a short sale?

Thanks Tim!

Thanks Matt!

Any recommendations on small patching roof job would be appreciated!

 Rick, you make it sounds so simple and straightforward :)

 Michele, when you say "nicer", is that due to neighborhood? Property condition? Property size?

I'm preparing to do a large rehab on a sfr in Seattle. Looking to get recommendations on capable general contractors in the area.

Thanks in advance! 

Looking at doing a flip in Seattle and need a contractor to help with costing it out. Any recommendations are much appreciated.

I hired a contractor to reroof a garage on our rental. He finished the job (mostly) and did great work. But, I made a mistake and took his word that he would have the "bagster" he used for the waste, hauled away. It's been weeks, and all I'm getting are excuses and promises that he'll get it taken care of.

There's a clause in the contract he had me sign saying that he would take care of clean up. But, since he's already been paid, I can't do what I should have done . . . withhold payment. Since that the train has already left the station, what should I do now? I want to get this eyesore removed before it pisses off my renters, but I don't want to pay for removal twice. 

Any advice is greatly appreciated!

Ouch!