16 October 2009 | 3 replies
I had the property inspected yesterday and the property was solid structurally, plumbing, and electric wise, but it did have a bunch of minor problems here and there:- Guard rail on stairs needs reinforcement- 3 faucets need replacing- Water line not hooked up to one toilet- Washer not hooked up- Couldn't get Furnace to work due to Thermostat not functioning correctly- Dead mouse in a trap in crawl space- upstairs bedroom door needs re-adjustment - doesn't close shutWould this prevent the property from passing an FHA inspection?
23 August 2012 | 11 replies
They won't empty lint traps.
6 November 2023 | 16 replies
Hi Kelly, Disadvantages: DSCRs typically have higher interest rates than conventional financing since they commonly come from a private lender.Avoid: If you know you only plan to hold the property for 1-3 years before selling it or 1031 exchanging it, don't get trapped in a loan term pre-payment penalty since lenders will give you a lower rate in exchange for extending the PPP timeline.Lender: Talk to other investors and agents and see who they recommend for a DSCR lenderIf you have any additional questions, I'd be happy to answer them.
16 January 2024 | 10 replies
I found traps containing this substance on the rental side but I do not have a toxicity report from a vet (I was too distraught to ask for one).I removed the toxic traps, I do not trust my renter, and I am uncomfortable living with a person who violated my request.
15 August 2023 | 21 replies
Section is a 8 trap; it's how the government literally created a landlord system.
26 January 2020 | 19 replies
All in all, it doesn’t matter, because the end result is for those uninterested in Section 8 housing or have their sights set higher than house hacking or some triplex, Oakland has robbed them of a legitimate tool for assessing the risk levels of potential tenants.
2 April 2023 | 74 replies
However, the downside compared to traditional financing is you can never cash-out refinance to access your trapped equity.
26 May 2023 | 19 replies
You don't want to be trapped in some random town bored to death.
18 March 2024 | 1 reply
One of which is a rodent issue; to remediate this we have hired a pest control company to do a full service inspection and trapping job for several weeks, but we are still having issues.
21 November 2023 | 9 replies
I’d get 2-3 traps and research what your pests like.