
4 March 2018 | 6 replies
You basically can only work from MON-FRI between 9-4pm and some HOAs require liability insurance and also Workers comp insurance.

26 July 2022 | 8 replies
I don't know about the thermostat anymore, I have had bad luck with my Nests getting fried.

14 July 2023 | 6 replies
If Plastic I would investigate further.

11 February 2021 | 31 replies
@Larry Fried Hi Larry - BP is such a great site, and getting welcome messages really mean a lot - thanks.

18 December 2020 | 15 replies
The biggest problem I have is ants frying the pressure switches, which seem to happen nights and weekends - they are inexpensive ($15 - 20), and labor to replace is a service call fee.

29 June 2023 | 10 replies
Here is what I have so far:At any time before, during, after investment:I or any of my team unexpectedly dies, becomes seriously ill, or injuredAn impassable disagreement occurs between any 2 parties of the investment teamA member of the investment team fails(for any reason) to uphold their agreementBefore purchase:Incorrect property valuationInability to secure financing after earnestDuring Financing and purchase:Loan executor fails to follow through with the loan.Loan executor misleads or baits me with incorrect terms and conditionsSeller withdraws contractSeller tries to renegotiate contractSeller withdraws agreement to carry loanTitle issuesDuring rehabilitation:Cost overrun - If the cost to complete a rehab exceeds the estimated cost budgeted.Time overrun - If the allotted time to complete a rehab is exceededUnforseen issues - if issues arise due to unknown/hidden problems, termite damage, mold, etcProblematic Contractors - Contractors that want to increase the bid midway through the job, fail to pay their employees, don’t show up when scheduled, fail to consistently clean, low or no skill, do poor work, fail to carry proper insurance, do not use agreed upon materials and/or finishes, use the “you can’t see it from my house” methodology, dress and/or act not in accordance with accepted job site standards, live or sleep at the job site, steal materials, supplies, and/or tools, attempt to undermine my relationship with my real estate team including agents, investors, other contractors, clients or potential clients, places lien or sues, dies or is seriously injured during project, experiences major life event that prevents or hinders their ability to continue, contractor or their employee dies or is seriously injured on the property, gets OSHA or other governing body violation(s)Code Violations - Red flagged for failing to obtain proper building and/or work permits prior to beginning project, overgrown vegetation, etcProblems Specific to Rental Properties:Tenant does not pay rent or pays lateTenant does not pay utilities/trash serviceTenant causes damage to propertyTenant does not take care of maintenance and/or cleaning of propertyTenant smokes or has pets when these things are not allowedTenant makes unauthorized changes to the property, ie painting walls, removing landscaping.Tenant allows others to move in without adding them to the leaseTenant misused the property, ie drug lab, melting plastic in the oven, spray paint graffiti on shed, parks in unauthorized zones such as the grassSomeone injures themself while on propertyHouse fire, floods, other natural disasterMajor maintenance issues such as roof replacement, appliance malfunction, plumbing leak, etcTenant violates city code, ie noise ordinances, trash and debris in yard, etcUnavoidable costs such as normal wear and tear include failing appliances, scratched/scuffed wood floors, dirty paint, worn carpet, etc.After rehab:Property does not appraise and/or sell/rent for expected ARVInterest rates go higher than expectedProperty tax increaseStricter laws are put in place that prevent finance/refinanceThis is all that I could come up with.

30 June 2023 | 41 replies
Glad I did the inspection despite it being uncomfortable, because I found a few other issues that need to be addressed. dishrag and plastic straws in garbage disposal and continuing to unplug the sump pump despite being told not to.

9 March 2022 | 86 replies
Many became friends and some come back year after year and we have fish fries, and often a drink.It is the western way to be friendly and helpful.

14 June 2014 | 45 replies
I go over and find that the wife has hooked the disposal up, then shoved plastic bags in the washer drain and the disposal was pushing the water out the roof vent!