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28 November 2017 | 18 replies
This tenant recently sold her brand new home and is now living in my 1,000 sq ft home built in 1950 and she bombards me daily with complaints about things being old and gross (literally), even asking us to replace all of the electrical outlets and build regular closet doors (ours are floor to ceiling metal doors).
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12 December 2017 | 28 replies
There were some unexpected issues with the home I didn't count on (new furnace, all new windows, etc.) but it worked out.
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5 December 2017 | 19 replies
@Alex Tobias for multi-family, I would renegotiate the offer if during due diligence something came up massively unexpected by all parties.
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28 November 2017 | 1 reply
If I left any assumptions or info out let me know!
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1 December 2017 | 1 reply
This unexpected higher rate erodes a borrower’s expected cash flow and ROI and may change the “out-of-pocket” capital required to close the transaction.The uncertainty affects both borrowers in the midst of a transaction, and those looking to refinance an asset in the next 24 months.
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29 November 2017 | 6 replies
Possibly using a professional third party vendor for the pre-inspection is a great idea, give a copy to the owner and tenantExcessive holes in walls Broken tiles or fixtures in the propertyPlumbing backupsRepainting where a tenant has repainted from the original colorTears, holes, stains or burn marks in carpetsMissing or damaged blindsBroken windows and window screensBroken doors and locksBroken or damaged appliancesExcessively DirtyPest control if you see Bugs and or fleasJunk or trash left behindPast Due rentFees incurred from fines from the association due to the tenants conduct or lack thereofWater damage to hardwood floorsMissing outlet coversRemotes for garage or gate if not returnedRekey of locks if tenants did not return the keysUnpaid utilities, as long as they were part of the lease agreementUndoing a tenant alterationThis is a sample of things that are usually considered to be normal wear-and-tear and should not be deducted from a security deposit:Slab or plumbing leakNormal rug wear.
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4 December 2017 | 14 replies
Absolute time saver when changing out outlets and electric fixtures.
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1 December 2017 | 8 replies
Hi, I have a large unexpected expense on one my rehabs and I'm trying to keep my costs as low as possible on other items.
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3 December 2017 | 0 replies
Included was having his electrician check to make sure the property was safe for workers which involved flipping breakers and capping off flood exposed outlets.
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20 March 2018 | 8 replies
Canton happens to be my favorite neighborhood due to its close proximity to 95, major shopping outlets, the water, and overall positive vibe of the Community.