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25 November 2024 | 18 replies
I have done several independent septic inspections.
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17 December 2024 | 86 replies
However, be prepared for the properties to meet certain health and safety standards, as Section 8 housing requires regular inspections.5.
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28 November 2024 | 26 replies
In addition to doing regular inspections as soon as someone gives notice due and immediate inspection to determine if the unit is being kept up decent or if you need to plan on some repairs before it is turned.
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10 December 2024 | 100 replies
As for security in occupied houses, I don’t have a definite solution - it’s just that opening doors is a low-value task that a busy buyer’s agent probably shouldn’t want to handle.Any decent listing agent will make sure a buyer has at least visited the property before submitting an offer, otherwise their chances of backing out during their inspection/ due diligence window is much higher.
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
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26 November 2024 | 2 replies
You will have a heart attack when you get your first inspection report.
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20 November 2024 | 15 replies
The VA is a meticulous about the condition of the property as well, so make sure it meets livability standards.
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25 November 2024 | 6 replies
In order to negotiate the deal, I used the inspection report to help me get a better price.
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27 November 2024 | 10 replies
Plus any miscellaneous payments such as interest, inspections, etc.
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22 November 2024 | 9 replies
(Housing Choice Voucher Program, HCVP)Guys it's 180 degrees...I had TWO properties go from voucher to inspection to HAP contract/rental to direct deposit setup within 10 business days each.