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27 August 2013 | 16 replies
It should be, at most, a starting point for your own research.1.A current rent roll dated no later than 30 days prior to the date of Seller's execution of this Letter of Intent, which rent roll lists at a minimum: the unit number, unit type, tenant name, date of lease, amount of monthly rent, amounts of any delinquencies, lease expiration date, and all security and other deposits.2.Detailed operating statements for the last two (2) calendar years, year-to-date detailed operating statements, and the Property's approved 2013 budget.3.Real estate tax bill for the last two (2) years on the Property (2011, 2012).4.Copies of any building plans and specifications and construction drawings in Seller's possession.5.Copy of Phase I, or all environmental assessments, reports, studies and tests of the Property.6.Copies of all contracts for services covering or affecting the Property.7.Copy of all engineering and related construction reports covering the Property, together with all warranties and guarantees for work performed at the Property.8.Copy of existing title policies and title commitments, including the Property's legal description and legible copies of all documents listed as exceptions and encumbrances to the title of the Property.9.Seller to provide current certificate of insurance.10.Summary of all capital improvements completed during the previous two (2) years for property.11.Copy of any government inspection reports (description and status of any violations)12.Copies of all tenant leases.13.Copies of the utility bills (electricity, water, sewer, gas, telephone and trash) of the Property for the prior 12-month period.14.Details and a list of all insurance claims (past or present) for the Property.15.Copy of the most recent appraisal.16.Copies of properties’ tax returns for 2010 and 2011.17.Copies of monthly sales tax returns for 2011, 2012 and YTD 2013.18.Copies of any capital project warranties if any.
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9 January 2015 | 11 replies
Even if professional remediation was done I think itd be a hard sell to get buyers/tenants to choose that house over another that did not have those health risks past or present.
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7 June 2017 | 10 replies
@Justin Madison have you done flips in the past or have any experience in this game?
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24 August 2019 | 22 replies
@Alexis Monroe - You have 4 parties apparently claiming past or present control of this lot (yourself, previous owner, adjacent lot owner and current renters).
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27 October 2023 | 7 replies
I am looking for one with real estate experience or who has worked with investors in the past or currently are.
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24 October 2014 | 7 replies
Like in my area I have a builder that is a pastor at my church and he told me that pretty much anything $55k and under he would buy site unseen.
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15 May 2018 | 4 replies
I've gone back and forth about hiring someone to maintain on my staff (so far my staff consists of just me) but I don't think i'm at that point yet with just 20 units.I'm hoping some people can post here to help me out with some contractors that they have used in the past or have heard good things about.
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16 April 2019 | 87 replies
Very interesting indeed.If they firmly believe it is haunted why not have a pastor cleanse it?
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29 June 2018 | 15 replies
Thanks @Mike Pastor.
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13 April 2017 | 31 replies
If you want to be charitable, donate money to the church in the renters name, you get tax deduction and they get the assistance, you'd have to talk with their pastor but it may be a way you could justify helping for a month or 2.