Erik Kubec
I hate window screens--what do you think is the worst things in a remodel?
17 February 2013 | 6 replies
For example, the buy the side frame pieces by the mile and the little parts that hold the frame in are purchased 50,000 at a time.I can't buy just the materials for what they charge for materials AND labor.I agree that screens are a nightmare.My biggest things I remove for rentals are garbage disposals and ceiling fans.
Sam Leon
REO properties that are "LISTED" but "COMING SOON"
17 February 2013 | 4 replies
Hi Sam,In the business we call these in "pre-list" stage as a broker/agent.Banks will either list REO directly with listing brokers or have asset management companies they contract out with that the bank gives their assets to for disposing and selling in the marketplace.They give the asset company full reign usually going by what is in the banks servicing agreement as part of the contract to handle the disposition of the assets.
Jose Garza
Bought My First Rental Property...
21 February 2013 | 15 replies
For example, I bough a house that had one circuit serving the entire kitchen (dishwasher, outlets, garbage disposal, fridge, microwave) when it really needed about 5 circuits.Things like asbestos, mold and meth damage are 'walk away' items.After that, items like furnace, water heater and plumbing fixtures.Oh, hire $99 rooter to come and scope the sewer line as well.
John Thedford
Does Anyone Solicit Using Obituary Notices? How To Find Properties That Are Inherited Or May Be?
15 April 2022 | 21 replies
How do investors get leads on properties that may be inherited or possibly disposed of when someone passes away?
Anthony Palmiotto
Are Lonne Deals Dead - SAFE Act?
4 August 2013 | 61 replies
Of course that will not get you out of compliance altogether as you still need to have a Compliance Management System for Red Flag, Safeguard, the Disposal Act, Patriot Act, OFAC, and Anti-Money Laundering and now Advertising.
Erik Kubec
Keep non-functional hot tub in rental 'as-is' and let tenant fix and maintain it?
13 January 2018 | 7 replies
I can't imagine that any liability waiver would protect me if the tenant decided he was going to try to get the thing working and there was an accident--like electrocution.Based on some knowledgable sounding posters here on BP who remove ceiling fans, garbage disposals and dishwashers, I am thinking I am not going to find many folks that would think this is a good idea.
Andy Forrest
Most Common Repairs Needed
29 January 2014 | 5 replies
Garbage disposals and garage door openers.
Zoran M.
Buying foreclosed home from investment firm??
19 January 2014 | 2 replies
I'm not personally familiar with Pacific Companies, but they will want to balance disposing of the property quickly with getting as much as possible.
Jack Tucker
Cash-out refi, buy, sell then 1031?
30 January 2014 | 25 replies
A 1031 exchange with real estate essentially requires that you sell a relinquished property (or several) and acquire a replacement property (or several); all proceeds from the relinquished property must be used to acquire the replacement in order to defer all gains.So the closest thing to what you wrote in the OP is a "reverse exchange" where the QI acquires and the QI holds title to the replacement property and then you dispose of the relinquished property.
Maverick V.
Where to go?
22 January 2014 | 17 replies
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