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3 October 2024 | 15 replies
Consider factors of what the property will need though if needs work (account for that, do an inspection, have contractors give you a bid on what all could or needs to be done).
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30 September 2024 | 12 replies
I was able to get an inspection done and from that I know the main work needed is as follow:Under house crawlspace:some foundation pillars or crumbling and need replacement.Major leaks under main bath causing wood beams deterioration.Multiple minor leaks to wood beams in different areas as well.HVAC duct work is leaking at connections.
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1 October 2024 | 9 replies
If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE.
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30 September 2024 | 3 replies
Also this property is off the market ive looked on zillow, realator, etc If you are looking at off market, typically you would do your inspections once an offer is accepted, not before.
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30 September 2024 | 0 replies
And when you find "the one," don't skip the home inspection.
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30 September 2024 | 21 replies
Or just used $15k as a downpayment and then had to make a couple months of payments to make the property ready, pay for inspections and repairs, commissions, utilities, advertising, and then it sat empty for a month and you had to make another payment?
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29 September 2024 | 13 replies
I like to hand-deliver it and set an appointment for my first inspection so I can start documenting the condition of the rental from that point forward.
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29 September 2024 | 12 replies
The last septic I redid in Montville had 7 town inspections.
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1 October 2024 | 5 replies
Smaller ones are filling up within 12 hours and the large unit they left with 2x 5 gallon water jugs to empty into AND a catchment below....because obviously the sellers knew that it fills over 5+ gallons in just TWO DAYS.We have had to get a structuralengineer in who has noted other water damage throughout the basement (unfinished) that was hidden behind sellers boxes and personal items during our inspection.
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3 October 2024 | 46 replies
A main thing that everyone should always do during their inspection period on a property is connect with at least 2-3 different property managers so they can get a better rent range/run numbers more other than listening to an agent that might not be as conservative in their numbers on projected rents.