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12 September 2024 | 7 replies
Would you charge damages from the security deposit?
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13 September 2024 | 1 reply
Use a screwdriver to poke at the sill plate to look for rot or termite damage.
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8 September 2024 | 0 replies
Hello AllWe suffered fire damage about 2 weeks out from listing....less than 5 hours ago.
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13 September 2024 | 16 replies
Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.
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12 September 2024 | 2 replies
Any recomendations for an attorney to file suit against seller who did not disclose known foundation damage?
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11 September 2024 | 3 replies
Equity + Profit Share: Lenders get equity in the project, but rather than full ownership, they receive a share of the profits when the project is completed.Key Elements to Include in Your Proposals: Clear ROI: Make sure to outline the lender’s return clearly.
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10 September 2024 | 1 reply
Hi! Need recommendations for a driveway repair - there is a big tree in my front yard whose roots have aggressively lifted the concrete slabs of my driveway. Does anyone have any recommendations for a good contractor ...
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12 September 2024 | 23 replies
Seems like a slippery slope and if any AI is allowed, then the human element gets degraded IMO.
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13 September 2024 | 5 replies
She said the tenant was basically a perfect tenant for the last 11 years with never a late payment or noise or damage complaint.
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11 September 2024 | 18 replies
It was not a newly constructed fence to increase the value of the property; rather, it was a replacement for an old, damaged fence due to nature disaster.