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14 September 2024 | 4 replies
The seller can't cover these repairs before closing but has offered to credit the repair costs at closing instead.
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15 September 2024 | 7 replies
The reletting charge doesn’t release Tenant from continued liability for future or past-due rent; charges for cleaning, repairing, repainting, or dealing with unreturned keys; or other sums due.
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14 September 2024 | 6 replies
If you are using their money for a down payment, are you really planning on renting it to them in a traditional sense or simply having them pay for the mortgage, insurance, taxes, etc (ie you won't be renting it at market value more you are buying the home for them and they are making all of the payments and repairs?
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10 September 2024 | 1 reply
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.
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17 September 2024 | 68 replies
If you are taking extensive time managing, spending money on gas, repairs and maintenance you are under water.
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16 September 2024 | 12 replies
It certainly is possible to get an investment loan on a property like this, but it would be necessary to run the numbers to see what the after repair value is for the work that will be done to make sure that all of the numbers work.
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14 September 2024 | 23 replies
You should consult with a qualified contractor to discuss options and costs for proper repairs.
15 September 2024 | 1 reply
We've also done all the maintenance and repairs all these years, we put new linoleum in the kitchen, painted the interior, built a new fence/gate, stained all cabinets, much more all without reimbursement as the owner is a tightwad and had never wanted to pay for upgrades.
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16 September 2024 | 5 replies
But, if repairs come up and they don't have the money to fix them, if they put a bad tenant in that does a lot of damage, or in general, if the neighborhood starts deteriorating, it could turn into a bad investment.These are all things to think about with any real estate investment.
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14 September 2024 | 9 replies
Pretty much all major components were newly installed / fitted and done to a tasteful standard (new metal roof, plumbing, electrical, kitchen, flooring, bathroom, doors, new hvac, decks, vinyl siding etc) and I have visited and walked through 3 times and even been under crawl space to inspect a repair that was previously noted on an inspection to the foundation after termite treatment which looked to be a good job.