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16 January 2025 | 13 replies
Residents in flood-prone areas were offered newly built, elevated homes on safer ground in exchange for transferring the title of their damaged original homes to the city. 3.
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15 January 2025 | 8 replies
Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it).
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25 January 2025 | 12 replies
The wrong tenant can lead to non-payment, evictions, and property damage.
9 January 2025 | 0 replies
The IRS disaster assistance page and hotline are key resources for those seeking guidance.One significant benefit for those who have experienced property damage is the potential to claim a casualty loss deduction.
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5 February 2025 | 17 replies
What We Will and Will Not Lend On: Bad foundations, mold, asbestos, substandard, and/or fire damage?
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17 January 2025 | 3 replies
We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!
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10 January 2025 | 1 reply
Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
17 January 2025 | 5 replies
Crooks know properties advertised for rent are vacant and easy targets.Now, if your PMC decided to do self-showings, they should have also taken responsibility for any resulting damages.
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13 January 2025 | 10 replies
Sixteen homes to inspect- roofs, hot water tanks, soft floors, siding damage, decks, porches, furnaces.
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29 January 2025 | 12 replies
@David YoungRecommend 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?