
30 May 2024 | 12 replies
I've only seen loss of rental income pay out after a covered cause of loss (fire, water damage, sewer backup, etc.) triggered a loss in rental income for the investor.

29 May 2024 | 16 replies
This tenant has given every indication that they can’t resist from the continued sniping and repeated communication issues so I’m sure the warning will show signs of good faith that I tried to make the situation work and she did not comply.

29 May 2024 | 2 replies
DM me reason for cancellation ( is it just State Farm or Farmers with their wacky Moen water valve cancelling you because they can?)

29 May 2024 | 0 replies
A Comprehensive Guide to Homebuying, it's essential to be thorough and methodical to ensure you're making an informed decision but draw boundaries, it's okay to open built-in closets and kitchen cabinets to assess the property, However, respect the seller's privacy by not invading their personal space, such as medicine cabinets, storage boxes, or clothing drawers,Interior:Architectural style.Bedroom and bathroom count, size, and location.Closet and storage space.Number of floors.Sightlines and general floorplan.Appliance age and condition.Light switches and socket count.Plumbing and water pressure.Natural light and views.Noise levels.Stairway width and type.Porches and decks.Garage and parking capacity.Proximity to neighboring homes.Remodeling opportunities.Exterior:Roof and siding condition.Landscaping and outdoor maintenance needs.Additional Considerations:Take notes and photos during the tour.Use your five senses to assess the home's condition.Ask your real estate agent questions about the home's features, flaws, and market conditions.Red Flags:Overly scented rooms.Water stains and damage.Lack of maintenance.Foundation issues.Sagging ceiling.Fresh paint that may be covering up issues.Final Tips:Be prepared to make multiple offers before finding the right home at the right price.Stick to your budget when making an offer.Don't overlook potential red flags just because you love a home.
30 May 2024 | 25 replies
During the Great Recession I found my two-story house which I had purchased from HUD for 72K was suddenly under water.

31 May 2024 | 25 replies
The 26-year-old Master Plumber who replaced my water heater last month is laughing.Slow down.

31 May 2024 | 149 replies
You need to think of your worst-case scenarios, like vacancies, rent decreasing, fines, fire/water damage, and getting sued.
29 May 2024 | 3 replies
I had a water leak at a property that required remediation.

29 May 2024 | 26 replies
I know that many of my fellow investors buy in the actual city of Detroit and their furnaces, water heaters, etc. are stolen from their properties.

28 May 2024 | 7 replies
Best Practice: do not provide variable cost services like internet, water, PG&E, or trash service to residents.