Cameron Fowler
House Flipping // Rehabbing Challenges
28 August 2024 | 11 replies
Having lenders or partners upfront places you in a better and more confident negotiating position and in the event you find a deal and can't find the money, now you lost the deal and have to back out damaging your reputation as a closer.
James McGovern
What is your preferred scent to make your property smell good?
27 August 2024 | 4 replies
Problem here the tenant didn’t declare cats as pets.She ruined the unit in one full year and it took more than $11,000 to replace full floors in two level townhouse plus other water leaks damage.tenant left without telling.Now I am asking property management must visit quarterly to catch damages early on.Ozone machines did not help much.thanks
Glenn Cross
Seeking guidance - What to do from 1st to 1st?
27 August 2024 | 10 replies
Figure out how to inspect and document, what to do if there's damage or violations, etc.I could go on.
Martin D.
Pros and Cons of wrapping your car with your realtor marketing material?
27 August 2024 | 7 replies
Slightly worried about higher personal retaliation or damage to property than if I were driving an ordinary car, incognito car.Thank you BP!
Nubia Silva
Pluming company damaged my fiberglass shower pan trying to remove drain
22 August 2024 | 4 replies
I suspect he damaged the pan while removing the drain, but it's hard to prove.I would hire another plumber to investigate and see if they can find evidence of damage caused by the first plumber.
Todd Allen
Texas Windstorm on small house?
25 August 2024 | 8 replies
The other thing to keep in mind is that windstorm coverage applies to wind damage to the entire building, and not just the roof in my experience.
Alan Asriants
Additional Insurance for Garage Storage Rental?
26 August 2024 | 1 reply
Tenant’s vehicleor other possessions will occupy the parking space entirely at the risk of the Tenant.Tenant releases Landlord from any loss, damage, claim or injury resulting from anycasualty.”Should the tenant or I have additional insurance for a Garage Storage unit?
Mila F.
We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
29 August 2024 | 33 replies
Other requirements you can have for their animal is that they be trained to perform whatever service they are performing for that person, be housebroken, not pose a threat to the security of others, not damage your property, and be licensed and vaccinated.
Lawrence Barnes
Roof on house Flip Question
25 August 2024 | 8 replies
The home had fire damage in the garage after roof replacement.
Brad Birky
Buyers can't get financing due to zoning
27 August 2024 | 12 replies
.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.