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22 November 2024 | 12 replies
I need to do research once I get settled somewhere (our other house was heavily damaged by trees falling on it) but thought I'd ask this forum in the meantime.I'm grateful for any advice that you have, and I hope everyone is safe.Talk to your insurance agent ASAP.
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22 November 2024 | 6 replies
Security Deposits are for damage to the unit, not rent.
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22 November 2024 | 12 replies
As for damages, everyone uses the house differently and it may not become apparent for a few weeks or longer.
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21 November 2024 | 0 replies
Comprehensive CoverageBasic Coverage: Covers specific risks like fire, theft, and certain weather damage.
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28 November 2024 | 184 replies
Some of your quotes from this thread will be used as supporting material in the production.As some of you may have guessed, a lot of information about her has been removed since her case came to light so it's sort of difficult to piece this story togetherIf anyone has any information they'd like to share that would help paint a clearer picture of her actions and the damage she's caused, please reach out to me.
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22 November 2024 | 12 replies
The deposit is for damage.
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2 December 2024 | 35 replies
@Mike TikhRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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22 November 2024 | 4 replies
Assorted things.Realistically, on a triplex that's not fully rehabbed, without assuming tenant damages I'd be factoring in roof, flooring, HVAC at minimum on nothing more than a 10 year cycle (5 is safer).
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22 November 2024 | 1 reply
Generally, I would be tree trimming once a year to cut back any branches hanging over the houses because of potential damage, but also because of insect transfer.
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23 November 2024 | 1 reply
Cap-ex was needed for:* Original 1960s kitchen, appliances out of order* Original 1960s Pepto Bismol colored tiles in the bathroom* Tobacco and marijuana stains/odor in every room* Stained carpet covering damaged hardwood* Broken side door from forced entry by police* Zero recessed lighting with 3 layers of blinds on every window* Lots of trash in the basement both on the floor and mounted to the joists overheadCheck out the Zillow listing at: https://www.zillow.com/homes/119-Jasper-Pl-Alexandria,-VA-22...What made you interested in investing in this type of deal?