Simon Obas
Pulling permits for a flip
Peace. Flipping a home and will be doing a full home renovation + adding central air and heating. I am knocking out one wall to expand the kitchen.....How important is it for the contractor to pull permits? I hear the...
Dominic Jacquot
Repairs and capEx for condominiums
Hello,
I'm new to this community, and I have a question regarding the analysis of a condominium property. I'm unsure whether repairs and capital expenditures (CapEx) should be included in the list of expenses or if t...
Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
Julio Gonzalez
Elements of a Quality Cost Segregation Report
You’ve decided to get a cost segregation study on your real estate property, but you aren’t sure how to determine which company to choose. It is crucial that you select a company that provides a “quality” cost segrega...
Jack B.
Tenant claiming electrical issue that is impossible, suspicious
Right after moving in, they claim a single element on the kitchen stove being on is causing a bulb to burn out in a bedroom but magically not trip a breaker. (I lived in this house for 4 years including just a few mon...
Ryan Shaw
Phantom Dryer
Hope there's a veteran DIY/handy guy who can point me in the right direction. My tenant called about a strange issue she is having with her dryer and sent a video to verify the symptoms. When the door is closed and ...
Rudy Planter
Determining Property Class
Just read @Jay Helms ten point guide and was wondering how to rapidly determine property class so that I can make smarter offers (basically not overpay or low ball to the point of "is this kid serious?" type of disreg...
Account Closed
Please answer the following Georgia + National Salesperson Exam Q
2017 GEORGIA + NATIONAL REAL ESTATE SALESPERSON EXAM QUESTIONSQ1. what is the interest used in a mortgage loan? Simple or Compound Interest?Q2. Can a seller transfer ownership/title of a property using metes and bound...
S Edward
Who is responsible for mold between walls in a condo?
Am I responsible for eliminating mold inside a wall that separates my unit from my neighbor? There is no mold inside my unit. A condo adjacent to mine had an in-unit leak occur. Their water mitigation included the rem...
Moses Moreno
Condo Investing Warning!
We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...