
11 September 2024 | 31 replies
When two separate plumbers looked into the issue they both determined the shower needed to be replaced because it was improperly installed (by prior homeowners we purchased it from) causing the leak.As for the length of time the repair will take, it was 3 days total to rip out the shower, install the new concrete pad, install the new shower, etc.

9 September 2024 | 13 replies
Looking to by one or two LTR props prior to year-end.

11 September 2024 | 69 replies
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also something about investors not wanting to put money needed into Section 8 properties because they think they're just going to be ruined by these Section 8 tenants, and as someone who knows the entire process with investors, owners, contractors, tenants, and prospective tenants, this is what I have to say about it:In my experience, Section 8 HUD tenants are actually better custodians of the property because of many factors, but 3 of the main reasons being, there is an annual HUD inspection that is performed on each property, so this gives the owner an extra 'protection vector' against damages, also, the initial placement of a Section 8 HUD tenant requires a passing HUD inspection, therefore there's a record of the property's initial state prior to move in, and additionally, they want to have an easy renewal voucher process annually, and their unit remaining in good condition is an incentive for those reasons, therefore they are LESS likely to damage a property - their future depends on it!

10 September 2024 | 28 replies
Thanks @David Krulac and @Steve Babiak Both properties were removed from the list prior to the sale.

11 September 2024 | 17 replies
My thing is, even if they don’t know the extent of it they knew that it backed up when toilet paper was flushed so without notifying me of that I was unable to do my due diligence prior to closing.

8 September 2024 | 31 replies
Had you personally visited these properties prior to making your offers?

9 September 2024 | 12 replies
Any deprecation expense/recapture for/by the seller prior to the sale is no longer relevant.As far as loin points, not sure these are amortized at all for tax purposes.

9 September 2024 | 14 replies
Maybe as you said, its an old leak that was already repaired prior to your knowledge.

20 September 2024 | 73 replies
I learned a lot of what I know about investing and my local market by working with some really great agents on my personal transactions (prior to getting my license myself obviously).

9 September 2024 | 9 replies
In 28 years we had only two court evictions both in the early years (listed rentals in the local newspaper) and prior to using a Realtor.