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28 September 2024 | 9 replies
My tenant of 1 year just moved out recently (work transfer), but during the move-out inspection we found that one of the 10X10 bedroom has all four side of the wall covered in screw holes from the time they used it as a computer room (I believe the holes were from the sound deadening foam that they used to attach to the wall) So I was wondering what would seem to be a fairly reasonable cost to be deducted from their Security Deposit for the excessive holes and needing to repaint.
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29 September 2024 | 13 replies
I want to be covered when closing on this property.
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4 October 2024 | 35 replies
Because if the mechanicals need protection from the locals, the renters must feel the need for protection from them also.Just my 2 cents. the issue with dogs is the windows are removed and the metal window coverings have holes in them to allow circulation. so in the winter in Chicago its freezing in those houses so they have to use portable lights and portable heaters to work inside.. its truly a shame that its come to this for rehabbers and builders..
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2 October 2024 | 38 replies
Indeed, with a 3.5% down payment, a house that costs $714,286 would conceivably have the down payment completely covered by this program.
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28 September 2024 | 6 replies
Make sure the policy covers not only accidents on the premises but also any potential caregiver liability.Staffing: Staffing can be both your biggest challenge and your greatest asset.
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30 September 2024 | 8 replies
Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.
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28 September 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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29 September 2024 | 5 replies
This exclusion covers your capital gain on the portion of the sale that’s not part of the exchange.3.
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30 September 2024 | 12 replies
HVAC duct work insulation is also deteriorated.No vapor barriers installed eitherSome fungi/mold growth notedPlumbingMultiple small leaks under sinks and from bathtub and toilets.House has Polybutylene plastic plumbing which is dangerousMain shut off valve is damagedElecticalSome small exposed wiring and bad splicing.Whole house has no GFCI's or grounding outletsInteriorMoisture spots on ceilingExteriorLose Vinyl SidingDoor Jams and Window trim have moisture damageDriveway need replacementRoofingMinor leaks noted in atticRecommended to replace roof covering, but not whole roofSome fungi growth noted in roofSo some of the question I am trying to tackle with this work is:How much should I budget for the main issues listed?
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27 September 2024 | 2 replies
Screening I hate to say it but make sure the company you use covers your state because they don't all make it obvious.