30 November 2014 | 10 replies
I mean, the places I recently looked at are lower end neighborhoods are $550000 with foundation and roof damage, where the rents would barely cover the mortgage, these would be investment only properties.
8 September 2014 | 15 replies
The current tenants have vacated the property and have left $7,100 in damages.
9 September 2014 | 6 replies
We actually implemented tenant liability insurance with appfolio because we had a tenant caused fire in a property and after all was said and done the owner's insurance company went after the tenants for the fire damage, and they did not have the money to pay it.
31 October 2014 | 52 replies
You cant go wrong with either and both have stellar reputations for reliability.
7 September 2014 | 1 reply
The unthinkable has happened, a drunk driver ran into my mobile home! He pushed it a good foot so that the water lines underneath the home have busted and a couple of the cinder blocks it stands on are askew making it...
12 September 2014 | 14 replies
I'd ask around BP for reputable investor friendly contractors for maintenance.
30 October 2014 | 3 replies
I mistakenly bought a house in chester, pa. through a auction that had extensive fire damage for about $2200.
5 October 2014 | 19 replies
I could go max out my friends/family/crowdfunding options, but that probably wouldn't get me much beyond 20-30%...Anyhow, let me know if I'm missing something in terms of a strategy that might appeal to this seller.Thanks,-Orion HI Orion,As long as the roofer will give you a roof cert showing it will "certify," for now that will be sufficient but usually the roof is not an issue unless it is announce via written statements on the appraisal or disclosed by the seller through the seller disclosure statement.As for the decking unless its visibly dry rotted with an indication of extreme termite damage that might have spread to the structure of the home you should be fine with a bit of deck damage but it depends on the extent you're referring to.When you refer to the siding, how much damage are you talking about to the siding?
10 September 2014 | 14 replies
The numbers look good to me I would jump all over this opportunity-- a partnership with a GC in the area that you can get a solid referral from and has a good reputation for honesty and integrity.
8 September 2014 | 10 replies
Although there are good, reliable and reputable HM lenders, there are plenty of flakes.