Hello All,I'm working on closing my first rental property and everything was going according to plan until the termite inspection revealed prior damage and higher than normal wood moisture content in the crawlspace. I...
Hi guys,So my tenant just moved out of the place and wanted to get your feedback as far as what you all think is reasonable to deduct.Above are the pictures of damages caused by the tenant.Before Move-InDuringMove Out...
Hi guys,
I need some advice on a deal in looking at.
I'm considering to buy a fixer upper. There was a fire in the house at the entranceway. I would like to inspect the utilities and the electrical before closing o...
Summary:
SFR off market rehab
Purchase: $200,000
Rehab: $75,000
Holding: $25,000
Sale: $330,000
First rehab project purchased May 2020, sold Oct 2020. The home is a 2/1 on 950sf in the Arden Manor neighborhood...
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...
My tenant moved out a couple of days ago, and when I walked through the unit, I discovered that he had removed the curtain and curtain rod, detached the room air conditioner, and caused significant scratches on the ha...
Thank you Loren Thomas for the idea! http://www.biggerpockets.com/users/BumperLT I have been working in the HVAC industry here in Chicago for 5 years. I work in the commercial/ industrial side but same concepts apply...
I have a duplex here in Clearwater (Oldsmar technically) I am finishing and already have two prospective tenants, neither of which have seen the house but still want it. The property had window units before I bought i...
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...