Khaled Seirafi
Termite damaged cabinets & HOA
Hi all. So I've discovered that my condo in Long Beach, CA has termite damage in the kitchen cabinets. The unit is on the 3rd floor of a residential building. Brought out 3 termite inspectors who informed me that they...
Taylor Eilers
Years of water damage In rental unit structure, newly discovered
Good Afternoon,
Upon replacing a window in one of my rental units, that previously was leaking, severe water damage was noted in the structure was uncovered. It looks like it has been ongoing for a long time (10+ yea...
Daryl Venables
Special Assessment being issued to benefit one unit at expense of entire complex.
Hi
One of the ladies I work with is nearly in tears today and asked me about something I really know nothing about and advised her to consult with an attorney. I am not even sure if this might be the right place for ...
Naveen Desai
Insurance claim and received funds and not spent. is it taxed?
Hi, In 2017, I had to make an insurance claim for roof damage and received funds. I am still exploring contractors to help me with roof fixes. So effectively, I did not spend the amount received from Insurance. W...
Chinku Prasad
HVAC leak on 4th floor caused damage to our ceiling 2nd time
Hi All,
I am new to this forum and looking for some help with this issue that i have with my condo that is rented out. About a month ago our renter called to say that the water is leaking through the air vent from th...
Gp G.
Window break in and theft at property stealing new tenant stuf
I have theft broke back window and stole some boxes from new tenant who just moved in few days back while no one at home. How to identify and find egress (fire exit) windows. Any good sources to find the crime index o...
Jared Kotler
4-PLEX Buy in LLC? Or 30 year conventional fixed?
I mean, come on folks, I haven't been in the forums for a while, and maybe someone asked this already, but on a 300K purchase the difference between non-recourse, 5,7 year fixed 25 year am, and a 30 year set it and fo...
Dominick V. Anderson I
Looking for advice on a situation
Hello, I have a question for anyone who’s knowledgeable in land contracts. I’m not terribly well versed in these so forgive me if I’m not accurately articulating what I’m trying to convey. If the the buying party suff...
Jack Barkow
Which kind of Property Insurance Coverage is the Norm?
Hello BP. I'm just starting out and closing on a rental 4-plex soon. I'm currently weighing the different property insurance options and there is a huge difference in costs/coverage between insurers. The background...
Justin D Schwartz
Insurance company harassing me
Hey guys,I'm looking at buying a 4plex but I have a few concerns.My last duplex I purchased back in January had an older roof, older water heater, and older AC system (air handler). The insurance company started givin...