Eric Telese
Repair list for seller, need advice!
23 October 2018 | 2 replies
Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)
Pat Jackson
New Builds, How to Determine the Juice is Worth the Squeeze?
21 October 2018 | 2 replies
There's also a new graduate school there, increasing even more the demand for rentals, in this case higher end rentals.I'm drawn to the idea of a new small apartment.
Will Hayden
Assigning interest in a contract (OH)
21 October 2018 | 0 replies
However, I'm not sure if the seller's submitted contract will allow me to do so, although there is nothing within the body of the contract itself that mentions anything binding me from doing so and my seller is absolutely fine with the idea of me assigning my interest elsewhere.
Jathin Reddy
Sandwich Lease Options in California
21 October 2018 | 0 replies
Just wanted to get some ideas.
Jake Fugman
Equity kicker in exchange delayed financing funding
22 October 2018 | 3 replies
Any ideas or examples are appreciated!
Betsey Thompson
Vacation Renatls Advertising platforms
22 October 2018 | 12 replies
The guys you see working on the large upright rigid structures of steel at a petrochemical refinery.
AARON CHOI
Unfair HOA fee charged to the Rented unit
12 September 2018 | 2 replies
Any idea or feedback would be appreciated so that I can bring this issue at their next meeting?
Account Closed
Looking to learn more about real estate development.
12 September 2018 | 1 reply
I don't start working for him until January, so I thought it would be a good idea to self-learn so that I can start working with some knowledge in the field.
Jeremy A.
any lenders like help disabled vet refi cash out
12 September 2018 | 1 reply
need creative new ideas to qualify for local bank or credit union.unless any PML WANT help this dumb newbie disabled military veteran with ptsd get cash out refi so i can buy a 6-8 unit and repeat.
Erick Jimenez
Investing and meet ups "coachella valley !!!!"
14 September 2018 | 5 replies
I am new to the forums and have been reading, watching, and listening to everything that BP has to offer ( about 10% done) anyways I live in the coachella valley and I really want to get to know other investors out here to learn and share ideas with.