Mindy Jensen
How Specific Do You Get: Inspection Objection/Resolution Language
I rep the buyer, and the seller was replacing a Federal Pacific Panel. City is NOTORIOUS for requiring permits for EVERYTHING. In fact, their permit department website says "It would be easier for us to tell you what ...
Denise Mayen
Newbie Eager to Flip & Wholesale in San Antonio, Texas
I've recently started placing offers and actively looking for properties to flip or wholesale. I am a relative newbie to real estate (aside from the several homes I've owned), but am partnering with my father, who liv...
Kim Hopkins
Best Practices on LOI with Deferred Maintenance
Hello! We have a commercial retail building in the 5 to 6 million range that we're looking to make an LOI on out of state.typically we do not see the property ahead of time before getting in contract, Just online due ...
David McClain
Learning how to crunch numbers on a property I'm familiar with
Hi all, I'm very very new. I've been reading some books lately and I'm trying to soak up as much as I can. I've been listening to the BP podcast nearly nonstop now for a few days. In no way do I think I'm ready to div...
Ashlee Fazio
HUD PROPERTY OFFER ACCEPTED!!
Recently put in an offer on a HUD home site unseen. After a slight negotiation we won the bid! We plan to go out to visit the property and get an estimate on repairs before finalizing the paperwork for our offer just ...
Bethany Phillips
Tenants Want Reimbursement for Broken Washer
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...
Jessica Hood
Repairs before closing?
The vacant HUD home we are buying has some plumbing issues (2 locations with leaks in pvc pipes in the basement). I had a plumber give us an estimate of $290 to repair the leaks. However, we can fix the leaks oursel...
Pranitha Shandi
Backflow testing costs: Tenant or Landlord (Portland OR)
My tenant in Portland, OR just received a note about Backflow testing in Sept 2020 and the water utility company asking to sign up ($35 annual cost). While water as a utility is their responsibility, I did not have an...
Eunice Villarroel
Under contract. Is this house worth buying?
I’m under contract for a property 100K less than upgraded properties in the same area. However I’m running into the following problems:1.iron cast plumbing. House is almost 60 years old. Replacing it would run about 2...
Andrea Finkelstein
Do VA Loans require Window Replacements
Hi everyone! I'm selling one of my units to a pre-qualified VA loan buyer. We just had the inspection, which went fairly well. But, 2 windows had very small chips probably from landscapers kicking up stones with the w...