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5 January 2025 | 8 replies
The home needed a lot of work including roofing, windows, siding , kitchen, baths, and mechanicals.
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2 February 2025 | 178 replies
I unfortunately blocked two plots and paid 20% for both and now it is almost 2 years and there is no response at all from Wagner or the builders :(-------The house will come with stainless steel appliances including a dishwasher, hood, refrigerator, and range.3 Bedrooms2 Bathrooms2 Car garage 1323Sq/ftThe price of this property is $198,000.00 with a 20% due at contract and the remaining 80% could be paid via conventional financing or cash.
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19 January 2025 | 147 replies
She did not know why the renewal had not gone through, but noted that the property was delinquent on its property taxes.In the letter from RAD threatening eviction, which Anderson shared with The Inquirer, the company encouraged her to register for help from the city’s COVID-19 Emergency Rental Assistance Program and provided a link to the program’s website.Anderson said the house had been newly renovated when she moved in in 2019, but she noticed some signs of shoddy work, like dips in the floorboards and a bathroom faucet affixed to the kitchen sink.Still, she’d had few serious maintenance complaints about the property and found RAD’s property managers to be sufficiently responsive.Deteriorating homesSlaughter, the tenant who was outbid for her West Philadelphia home by Mendenhall, wasn’t as complimentary.
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29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
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4 January 2025 | 5 replies
Quote from @Kar Sun: This isn't right.The tenant should have liability insurance, which protects against accidents like a kitchen fire, a slip-and-fall, etc.
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25 December 2024 | 11 replies
Personally I do not like providing appliances for tenants as the repairs and headaches start adding up.
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28 December 2024 | 19 replies
At our STR, we do have a fully equipped kitchen with coffee pods.
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30 December 2024 | 11 replies
If your tenant starts a kitchen fire and the insurance provider finds out it was a rental, they will deny your claim.Landlord insurance still covers the property, but won't cover your personal belongings since you live elsewhere.
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6 January 2025 | 57 replies
Let's say you burned through $150,000 in appliances and "more costs", ya still have $500k vs $250k.
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31 December 2024 | 0 replies
I fixed a leaky roof, revamped the kitchen that time forgot, and transformed the backyard jungle into something a human could actually walk through.