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15 November 2013 | 1 reply
Sorry to have to say that it sounds like the repair is yours to pay, and I would get it done sooner rather than later as you don't want water damage caused not only to your unit, but to your neighbor's unit as well.Generally speaking, if a repair is needed for something that only serves your unit (in this case a drain line that at the point where the leak is serves only your unit) it's your responsibility to get it done.You may want to try calling a reputable plumber.
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18 November 2013 | 3 replies
Physics-wise, you get the heat of burning a candle in the room, no matter what nonsense you do to it.
17 November 2013 | 13 replies
If it is a non slip tub I would probably say to her that she can split the cost now or at the end of the lease and remind her that damages she causes that are more then wear and tear will be charged to her.
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17 November 2013 | 29 replies
Your contract should specify "liquidated damages" or "specific performance" as the penalty if one party can't perform under the contract.
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7 January 2014 | 34 replies
The other buyers have moved on to more properties.Was the seller damaged?
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17 November 2013 | 7 replies
As I hear day after day about rising prices and the biggest jump in real estate price indeces since 2006, I wonder how much of the measured increase is not actually due to an improvement in the market, but due to physical improvements in many of the properties being sold. i.e., How much has the mix of the condition of properties sold contributed to decreases and increases in real estate price indeces (e.g., Case/Shiller) throughout the economic cycle?
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17 November 2013 | 4 replies
If they were in bad physical shape its most likely that they were bought by investors for cash.
22 November 2013 | 3 replies
.- Establish reasonable fees prior to tenant move in for move in/out damage(we are townhouses style), administrative fees in maintaining tenant information.- Minimum of 12 month lease terms.- Can't rent a unit until a year after the sale agreement.- Can't own more then 3 units(144 units of condos and townhouses).
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15 December 2013 | 20 replies
This will allow you to be sure someone can access it without damage.
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14 April 2015 | 21 replies
Like I quickly learned after college, however, you don't really know anything until you actually, physically do it, so I am anxious (but slightly nervous) to get the ball rolling here in the next month or so.I won't go into the gory details of the business plan, but my general goal is to buy and hold cash flowing SFR's over the long term.