Alex Craig
Enforcing Tenants to Pay Maintenance
22 February 2016 | 15 replies
Tenant will notify Landlord in a timely manner of any damages or problems as they arise, including damages caused by Tenant, malfunction of appliances or fixtures, and water/moisture leaks and spots.
Jesse Zirillo
Mold
30 June 2016 | 8 replies
Other materials like steel studs not so much and there is drywall made without paper that is mold resistant.Mold is everywhere and is often in a dormant state but will need moisture, darkness, and certain conditions to grow.You need to look for the conditions that prompted the mold growth and correct those conditions also.
Matthew Pinkston
Moving beyond 4 mortgages from 6200 miles away (with my Brother)
29 December 2015 | 24 replies
LOL @Matthew Pinkstonmy question was meant to be a gentle reminder that you have that and if you have misplaced it I would be happy to provide it again.
Colleen F.
Will tenants pay more if you roll costs into the rent?
14 November 2013 | 17 replies
I do get copies of the bills each month so I can see if they get behind and give them a gentle nudge if need be.
Maria Caruso
Toxic Mold
15 July 2014 | 9 replies
The moisture from the carpet cleaning gets under the carpet tack strips along the edge of the room - where the baseboards are - and the moisture could lead to the mold becoming established there.
Gautam Venkatesan
Would you rent to someone with a fully paid eviction on their credit?
27 July 2014 | 7 replies
In all of our properties, when mold appeared it was because the tenant had not called us about a water leak, or created too much moisture and didn't use the ventilation fans as they should have, or did not use the heating system properly, or kept an unclean home.
Suzanne Atkinson
Will rehab costs derail this deal? (First time buyer & poster)
13 August 2017 | 2 replies
I need slightly urgent advice.I placed an offer on a house last week, and now I've had the inspector in as well as one of several contractors to get estimate for needed stuff.I got a great price on the offer I think, the inspector is also a structural engineer and he said he thought it was a great investment property.Issues include:-mold-basement moisture-main roof OK, but some patches needed-front porch roof & detached garage need replacing-boiler bearning bad-radon (4.6)That's all before interior fixes like plaster (from all the roof leaks), new carpets and interior painting.This is my first deal, and while I'm not afraid of all the work involved, The estimates are getting close to my bottom line number.I'm starting to get nervous that the rehab costs will make this unworkable...and I really want it to work.I have been an excel spreadsheet (Property Analysis Buy & Hold) and have plugged in a LOT of numbers, including a rehab number up to 40,000...and the property still gives me a 5% Cash on Cash return, which isn't bad, and a cash flow of anywhere from $100/month for lowball rents to up to $1000+ cash flow for top number rents inline with the area for a nice place.The advice I'm looking for is how to figure my bottom line offer.
Jeffrey M.
Driveway flooding from lack of drainage
26 October 2016 | 9 replies
any moisture / mold issues down there?
Edgar Ferrari
Kitchen renovation Basement finishing
18 March 2015 | 4 replies
Watch out for moisture as well as having them heat and cooled.
William S.
Help with changing approach or should I cut and run?
27 August 2020 | 2 replies
The building inspection uncovered that the new house foundation is just sitting on top of the old one without any stabilizing measures.The crawlspace was largely inaccessible to the inspectors, but what they saw was mold/moisture issues.