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8 July 2024 | 3 replies
Keep in mind this property is relatively turnkey with most capital improvements completed within the past 5-7 yearsIn the middle of the month of May, I get a call from my tenants saying that their electricity got cut out and the oven and air conditioner don't work.
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7 July 2024 | 11 replies
He repeatedly kept saying he was the best, and anytime I needed work he would say his contractors are the best.issues with the house: Foundations caving it with countless stress fractures and rooms sinking in with doors sticking making them nearly impossible to open. 35 years of vacancy at that house led to house walls being filled with mice... they chewed on the electrical wires and chewed holes in every wall and next to outlet covers and they chewed the entiee inner door frame from tbe walkup attic giving them easy access to walls throughout the house.
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8 July 2024 | 9 replies
If you're interested in multi-family, I highly recommend starting out with multi-family with your first VA loan as it will be easier to get a single family residence after that.If you decide to pursue multi-family, you'll want to ensure that each unit is separately metered for utilities (water, gas, heat, electricity, etc.) as this is a requirement under VA financing.
7 July 2024 | 10 replies
We removed wall (plaster and lathe), added walls, re-did all electrical and plumbing, added half bath, full remodel Of existing bathroom, expanded kitchen.
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6 July 2024 | 21 replies
Same for the foundation, roof, electrical and plumbing systems.
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6 July 2024 | 10 replies
never heard of one running off propane, unlike natural gas or electric.
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4 July 2024 | 12 replies
The insurance company may cover some or all of the restoration costs.Scope of Work and Budget:Detailed Inspection: Get a comprehensive inspection to identify all areas of damage, including hidden issues like electrical, plumbing, and HVAC systems.Cost Estimation: Obtain detailed cost estimates for the restoration or rebuilding process from licensed contractors experienced in fire-damaged properties.Environmental Hazards:Asbestos and Lead Testing: Older properties may contain asbestos or lead, which can become hazardous after a fire.
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6 July 2024 | 11 replies
Had one that we found off-market but things fell through during the inspection (electrical and plumbing issues that we didn't have the capital to pay for and the seller wouldn't budge on).
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4 July 2024 | 5 replies
Last night I heard about a friend who had their electric bill go from $100 per month to $800 per month because the landlord did a repair to two of them and cross wired them causing my friend’s to short and use 8X the amount of energy for the month.
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4 July 2024 | 1 reply
Flooring, walls, roof, electrical, egress with windows and I think there is something about having a door that exits the home... not just into the home.