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Results (10,000+)
Chris Masons new member here with a flood insurance question
11 November 2011 | 6 replies
Keep in mind banks only require coverage in the amount of your mortgage balance - but could be risky if damages may exceed that.
Ed O. Looking for YOUR systematic approach to rehabbing a home
14 November 2011 | 4 replies
Paint after major repairs/modifications are done, not before, and those shiny new appliances can wait until almost last so they don't get damaged in the chaos.
Naga A. I want to fire a property manager, but there is a problem.
12 November 2011 | 21 replies
If someone damaged it, they should have paid, not you.Landscape?
Kent R. Wholesaling Lease Options
4 July 2017 | 53 replies
I have the seller sign a Letter of intent to Lease and To OptionThe letter of Intent covers...Address, Rental Term, Renal Payment per month, Security Deposit, Possession Date, Option Sales Price (could new appraisal), Option Money (usually 3% or $5K min), Representations, Warranties, Covenants, and Indemnification, Legal Effect, Notice of Intent to Assign, Option Period (45 - 60 days)I have them sign the letter of intent (LOI), it goes to my attorney, and the attorney prepares the paperwork.There is an option release disclosure document that discusses that the buyer will be responsible for the following fee’s to be paid out of escrow at closing, which are for the release of the recorded notice of option, the assignment of negotiated purchase price, and the negotiated rent.2.
Matt Blutowski Just closed on first property, problem tenant
14 November 2011 | 6 replies
The dog is small and any damage has probably been done.
Kyle Meyers Blue Kitchen in Rental?
11 November 2011 | 13 replies
I wanted to add the cost I said for your kitchen is based on having to do primer and and 2 coats to cover the blue.With my units I am going over white that is worn down so I don't need as much paint to cover a larger area.Some nicer quality paints are mentioned in some other posts which I can see using in a flip or a really upscale high end rental area where the tenant demographic is different.For rentals I use paint that is cost effective and will pop and carpet that is made for wear and tear for the type of tenants I have.All they usually care about is it's "fresh and clean".
Bienes Raices 4 and 5 bedroom houses?
18 November 2011 | 17 replies
More people, more damage. 3/2 is still the "standard".How about size?
Bienes Raices Rental house on a busy street?
7 June 2012 | 12 replies
Being on a busy street shouldn't have a negative effect on renting but will have some draw backs when it comes time to re-sell.
Bienes Raices Final walkthrough, and "vacant" language on short sale contract
28 December 2011 | 4 replies
I've made offers on several short sales in the past but never actually bought one.I've been told to put language in the contract to the effect of "property will be delivered vacant and all of owner/occupants' or tenants belonging will be removed before closing date".What about the final walkthrough?
Sundar Krish Over 50% HOA deficiency, how to get financed for buying this?
21 November 2011 | 2 replies
Basically what happened was the builder did not complete the project and built only about half+ of the town homes, and some are not paying HOA now, so effectively there is a 50% HOA deficiency.