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10 January 2020 | 7 replies
If it was a security deposit, you should be able to get it back given there are no damages to the unit.
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13 January 2020 | 16 replies
If not I have scraps of baseboard to patch damaged spots.
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11 January 2020 | 4 replies
The idea being to promote studying instead partying (potentially decreasing the damage/complaints on the property), incentivizing the tenant to stay throughout their college career (decreasing turnover/vacancy), and developing some additional motivation for a tenant to choose my property over another similar property.
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11 January 2020 | 9 replies
This means that in the event of a worst-case scenario, laws regarding rent increases, damage deposits, evictions, etc. are more likely to favor you the landlord.
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13 January 2020 | 64 replies
A rehabbed property is where the property was physically distressed and it's all been repaired.
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26 January 2020 | 5 replies
Jerry, so when a manufactured home is damaged and the insurance company deems it a "total loss" the home gets a "salvaged" status.
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11 January 2020 | 0 replies
I replaced old plumbing and repaired damaged flooring.
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13 January 2020 | 34 replies
(Regarding repairs) For instance, carpet in a rental seems to last 5 to 7 years (HUD says 5 years) so 10 year old carpet at move out with pet damage should be fully depreciated and if it needs replacing due to pet damage that would probably be on you. 1 year old carpet on move out with pet damage 20% used up on you, 80% resident replacement cost.
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18 August 2014 | 8 replies
You have to prove that there was a valid contract (many wholesaler's contracts will not bear scrutiny), that the defendent was aware of the contract, that he acted improperly, and that you were damaged.You also have to do this all in a way that doesn't bring down the authorities on your head for brokering without a license.And without specific performance, all you get is your actual damages.
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18 August 2014 | 17 replies
The house we are looking at has foundation damage on an addition that was put on where someone didn't handle drainage issues.