Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.

Now you can advertise it as having a sump pump to prevent future water damage when you can sell.

. - Many of the Renter's Insurance policies do offer limited damage protection to owner, so it may be a good business decision for an owner to pay while tenant being evicted.Property managers CANNOT get liability insurance on a property they have no ownership interest in.

I would mention the damages to mitigate more however and let them know you will be doing inspections in the future because of what you found unless you are always in there anyways bc things keep breaking anyways. 

Hi everyone! I'm looking to partner with my brother to get our first STR by the end of this year/early next. I will be the one actively managing the property and doing most of the research, and my brother will act as ...

There are a ton of complexities with properly repairing a fire damaged house....they sell really cheap for a reason.

@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Good Morning,
I recently moved to Maine from working overseas and am enthusiastic about the idea of flipping homes in the area! Being boots on the ground out here, seeing the state of some of the homes here both on a...

The campaign went out 8 days ago and so far we've only gotten 5 calls and none of them viable wholesaling prospects. 

We absolutely background, credit and eviction check every prospective resident that does not book through an Airbnb-type platform ("OTA").