What is your criteria for buying homes with a wood frame build in Florida? I know a lot of investors who say to steer clear and to only really look at block properties (primarily because of termites), but I've seen a...
So I have a foreclosure under contract and they just found termites on the inspection.. Formosa termites, the worst kind. Wanted some input on whether it's worth pursuing or to just walk.
The house is in a good area...
Hi everyone,So kind of bad news on this deal I have under contract. I am doing a BRRRR on a SFH for $77k. Anyway everything checks out but Termite report says "evidence of termites". The seller has agreed to pay fo...
Hello, a year ago i bought a duplex in Sacramento and the termite report said this:Finding: Evidence of subterranean termite activity noted in the foundation wall of one unit. Possible hidden damage in this area.Recom...
Hi,First-time homebuyer - I just had my first offer accepted for a fourplex. The home inspection is next week, but my agent sent me notes from a previous report showing that there were "termite shelter tubes in the j...
Hey guys, I had a 3 bedroom 2 bath 1400 square foot SFH across the street from a pretty decent college. Tuition is approx. $27k per year. Rental rates would be between $1300-$1600. I was able to get the property under...
Ok, this is one thing that I didn't expect. I have a 4 unit in Tucson, AZ under contract and had it inspected last Tuesday. The 4 plex is two separate duplex buildings on a single parcel. All of the units have their o...
We recently put a 7 unit apartment building under contract. During the inspection we saw evidence of mice, roaches, and active termite infection in the basement under the floor. We are new to investing. We need...
I recently bought a rental "as-is". It has active termite contract with Terminix. But they are too expensive, so I decided to switch service company. The new company came out and did an inspection. Found the house has...
I found termites while checking the foundation of the property. I found it in three different spots each 5 feet apart in the beans. I told the agent that I wanted to walk out of the deal because of this. When termites...