Around here, while fines are handed out, if they think money won't hurt you much, the will dish out time to make the point!

Using this formula I calculated my father bought the home for 68,500, which I understand would be my basis.It’s now worth about 940,000.As for improvements, the house has new roofing, bay windows, marble entryway, new fence, new pool heater, sprinkler system, satellite dish, security system, and I’ll put in new flooring.

I did find out that installers are not allowed to run new wire without the landlords permission though. http://www.fcc.gov/guides/installing-consumer-owned-antennas-and-satellite-dishes There is some case law: http://petriestocking.com/blog/2012/08/08/landlord-sues-the-dish-network-for-the-costs-to-remove-satellite-dishes-from-his-rental-property-and-wins/ I found this helpful webpage: http://free-landlord-help.winnfreenet.com/dish.phpBiggerPockets dosen't seem to like links to some websites, so you will have to cut and paste.

I literally decided 30 minutes ago when I was doing dishes how much I like it.

Also most of us learned some interesting things about how Korean real estate is different than what we are used to dealing with Thanks to @Jacob Michaels and his wife Victoria with helping to explain the differences.Interesting facts about Korean Real Estate (mentioned by different people in the group)* Insurance is not a major concern for investors in Korea* When signing a housing contract, a tenant or owner can add in stipulations re: who's responsible for paying for what* Only 20,000 Licensed Hotel Rooms in Seoul - Indicates a shortage of rooms* Korean real estate prices seem to be at 7-8 year cyclical low* After earnest money has been placed by the buyer(at least 10%), an owner must repay 2x's the earnest money if he wants to back out of the deal We will be planning another meetup for early December.  

The "dish" in the corner of the living room is even more obvious, as is the condition of the tile.

Oh, one little tip if you do decide to re-tile a surround: in rentals, I do not install a soap dish on the long wall...instead I install on the wet wall (where the faucet is).

im a real estate agent by day...a korean esl tutor by night :wink:

Will be doing an inspection this Friday, I have a strategy for the property but the thing is showing more red flags than a North-Korean military parade.

Oregon seems to be in the candy dish side of GC.