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21 November 2024 | 9 replies
After some back-and-forth an inspection was scheduled only for the code enforcement agent to... wait for it... wait for it... ghost my PM.At this point, I've advised my PM to communicate with code enforcement in writing as much as possible and to continue to document their no-shows, etc.
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23 November 2024 | 3 replies
I'm biased and can provide reasons and data to show that using an agent will protect you, get you more money, less stress and so on.The reality is you can do it yourself, but tenants generally don't cooperate with showings and that causes lots of problems for buyer to access the unit to show, inspections, appraisals etc.
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28 November 2024 | 13 replies
My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).
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22 November 2024 | 12 replies
It's wonderful that you conduct a thorough cleaning and inspection, complete with photos, before move-ins.
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21 November 2024 | 25 replies
Thanks Yes simple, you have it inspected by a led cirt guy, 500 per door.
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25 November 2024 | 6 replies
Watch out for the village requirements and make sure your team knows what areas require rental and pre-sale inspections.
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21 November 2024 | 4 replies
Here are a few simple and free ways to learn: Go to real estate meetup groups, attend open houses and speak with the agent there, inspect FSBOs (for sale by owner), walk your area, and speak to people tending their yards.The idea is to engage with other people and ask, Ask, ASK questions about their experience with the local market.Some other ideas: find a home inspector who will let you tag along in a property inspection, and absorb what they are looking at and why.Your mindset and enthusiasm for learning about real estate will open many doors for you.Good Luck!
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21 November 2024 | 9 replies
Some insurance companies are asking to see the home inspection report in order to give you insurance or to install a $750 water shutoff valve if the home is older than 20 years old.
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22 November 2024 | 1 reply
Also - I am an out of state investor, generally speaking, how often do you send your tree guy to inspect the trees in your rentals to check if they are ok or need to be cut?
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3 December 2024 | 51 replies
If you did not do independent appraisal and inspection, you experience what 170+ investors experienced.