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18 August 2024 | 12 replies
On another occasion I had them inspect the property after purchase and they informed me that due to the condition of the roof they were raising my deductible on any roof damage to $5K instead of the $2.5K for the rest of the property until I installed a new roof.
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18 August 2024 | 2 replies
Have a 1960s 30 unit single story motel where we are coming up on some end of life issues: the cast iron plumbing is disintegrating underneath bathrooms, radiators are starting to leak, electrical is in poor condition, and just today, discovered significant termite damage affecting multiple rooms.
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21 August 2024 | 94 replies
You have to do lots of damage control in that buisness and be a strong negotiator.
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18 August 2024 | 5 replies
Did it lead to more damage to the furniture/property and end up lowering your ROI?
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17 August 2024 | 3 replies
Does Builders Risk cover any damage caused by an occupant prior to getting them evicted?
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15 August 2024 | 16 replies
I have heard that heat treatment can damage silicone seals in plumbing.
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21 August 2024 | 27 replies
By all means buy the cheapest house on the block in a good area.also remember rents increase over time, so something that is not quite cash flowing may in a few years.
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18 August 2024 | 16 replies
A teacher has to buy within the boundaries of their district with no exception(not even a block as I had a buyer for one).
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17 August 2024 | 10 replies
We use a spreadsheet to track any deductions for issues caused by tenant damage.
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17 August 2024 | 10 replies
A new tenant might not pay rent, need to be evicted, do damage etc. 2.