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28 October 2018 | 4 replies
Pretty much everything in the house is broken from A to Z.
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3 November 2018 | 16 replies
Every time you acquire new property, you should maintain a reserve to cover the inevitable problems that pop up like vacancies, broken furnaces, or a tenant that trashes a unit and decides to leave three days after you close on the latest investment.In this case, I recommend giving them a very small increase, even $25, to avoid the vacancy.
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5 November 2018 | 33 replies
Your contract is probably effectively broken since the lines of communication it has like sending notices by mail can no longer be done.
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5 November 2018 | 9 replies
The balance would actually be $180k broken down and was/will be used for the following:25k - down payment on previous rental acquisition25k - refurbish our home - already spent50k - consumer debt (both cars and $15k in CC debt)80k - new primary residence down payment We'd actually cash flow $1,000 more a month with consolidating debt.Is interest only HELOC worth it?
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5 November 2018 | 1 reply
Some leaky faucets , slow drains , a broken window , a broken screen door, missing damaged facia , Eve's and saufet .wood decay around front door , a ceiling fan that doesn't work , ac with water filling drain pan , crack in garage ceiling , 1 cracked floor tile, 1 double tapped breaker , and a missing attic inspection cover .
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12 November 2018 | 10 replies
They fail to make their last two payments, steal your washer and dryer, their dogs have destroyed your carpet and dug up the lawn, there are several broken windows and holes in the wall, and the place is filthy.
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15 November 2018 | 5 replies
It's a pretty light job, needs new flooring, interior and exterior paint, resurfacing the kitchen cabinets, counter tops, landscaping and a few other minor things, doors, trim, broken toilet, ect.
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17 November 2018 | 3 replies
I've gotten response rates as high as 30% from sellers who have severe code violations (not just tall grass or broken windows but mold infestation, or even structural damage). b.
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16 November 2018 | 56 replies
I thought offering the tenant the option to pay what the repair would have cost them if the part was immediately available and receive a new stove in return was a fair and appealing option compared to having the tenant wait a month to repair the broken range."
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14 November 2018 | 7 replies
@Heather Wingenbach This should help: http://fhahandbook.com/appraisal-guidelines.phpPay special attention to peeling paint (even a little bit), loose hand rails, cracked or broken glass, crumbly cement steps, etc.