Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
On the disclosure form, the seller had indicated “no” to any known damages.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
Despenas LLC aka SDIRA Wealth aka Modern Day Living Real Estate LLC are all scam companies that inflate housing prices in the neighborhood only to sell eviction-prone extremely damaged homes with no intent to perform the agreed-upon inspection repairs and send you through multiple corporate hoops after purchase only to completely ignore you immediately after the sale.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
How do you believe they damaged this door seal?
Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
Maybe they would/could take it upon themselves to pay for the repairs to the roof to salvage your unit and prevent further damage then they would go after the HOA to recoup costs.
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
12 January 2025 | 3 replies
Quote from @Alex Tang: One of my rentals was heavily damaged by a fire after Thanksgiving.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I expect that I may have excessive damage on this home as well.
Shannon F.
VRBO Damage protection and guest verification
27 December 2024 | 2 replies
The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.
Leon George
New to BP Community
12 January 2025 | 11 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?