Charles Lambert
New member in Canada, thinking of jumping into a quadplex and house hacking
5 July 2023 | 1 reply
Long ago, I actually rented a one bedroom apartment in a red brick quadplex built around 1920, I was on the top floor, and the flat roof started to leak in the closet, didn't notice it right away until I had respiratory issues.
Kerry M.
Qualifications for renters - list complete?
14 December 2012 | 7 replies
I'm not sure if handyman coming during the day could prevent pipe damage or a leak anyway?
Majour Bey
Infestation - Rat/roach?
13 July 2016 | 7 replies
For example, while the tech is checking the plumbing voids for pest droppings, you can look for leaks.
Katie Helmboldt
Renter's Insurance Liability Minimum?
4 July 2023 | 10 replies
I had a tenant who's mover removed the hoses from the washer when they moved on the 3rd floor but left them hanging from the faucet and it leaked onto the wood floors below causing them to need to be replaced since it was not caught for over 24 hours.
Jeff Bridges
Potential tenant fraud with ceiling collape
13 April 2023 | 11 replies
Just a guess here, but you have had some leaks above that ceiling...either roof directly above, or plumbing leaks from the unit(s) above, showing staining or active leaks over a period of time?
Todd Chandler
Any STR Property Management Business Owners?
19 November 2022 | 18 replies
The problem with too much expansion, is that it starts to expose leaks and the larger the team, you lose out on quality.
Adam Frantz
New buy and hold investor from Shoreline, WA near Seattle
20 July 2021 | 13 replies
And roof leaks quickly turn into mold problems if not fixed right away.
Noah Bacon
How have rising rates impacted your Real Estate Investing strategy?
6 May 2023 | 43 replies
Same thing with sellers who have assumable mortgages at low rates.Some folks have been talking about "subject to" more (where you buy the property with the old mortgage in place and don't tell the bank) but I'm personally very reluctant to go down that road as it's seemed banks have gotten much more sophisticated about detecting changes in ownership, particularly regarding the named insured on the property insurance not matching up with the borrower's name.Like seller financing, "off market" deals are also good in any market phase, and are looking even more attractive in this phase... if you get a realistic seller who's willing to play the "you set the price, I set the terms" game.
Nicolas Leon
tax sales in Dallas area or Texas
28 March 2023 | 10 replies
You can make and get reimbursed for preservation and safety of the property if they redeem...for example fixing broken windows or bad locks....repairing leaking roofs .
Nathan Adams
Unpermitted Work Questions
15 January 2021 | 5 replies
And don’t worry about cosmetics of the house unless it’s bad, because appraisers are supposed to deduct the value for immediate repairs aka deferred maintenance (I.e. brokers windows, broken appliances, leaking roof).