James Hedgecock
Owner's liability when a contractor damages tenant property
I recently had a contractor that disposed on a tenant's personal property while doing a job. the contractor admits fault and wants to compensate the tenant, but the tenant is claiming a value much higher than what the...
Haiyang A.
Electrical Writing Damaged per HUD Property Condition Report
I have a question regarding an electric issue. It's a HUD property, and on it's property condition report, it indicates the Electrical Writing as Damaged, and not functional (see the screenshot). I am a little hesitan...
Brian Bennett
Fire Damaged Property For A First Time Buyer?
I'm looking to purchase my first property and I'm eyeing this fire damaged multi unit home. It's a short sale that's said to have mold and structural damage. I think it could be the right property to build equity into...
Ellen Womack
Itemized Landlord Letter of Damaged Property (Security Deposit)
Where can I get an itemized letter of damaged property as it pertains to the security deposit? I've combed the internet for NC. What am I missing?
Chris Hadley
Buying rental properties in flood zones/ flood damage
Thoughts on buying rental properties that have flood damage . I’m going the rehab and rent route so the maintenance isn’t the issue for me. Just wondering is I should stray away from buying properties that have floode...
Viktor Semenyuk
FHA 203k Loan on a Fire Damage property
I found a property that had fire damage in the attic, the repair costs for the property are estimated at about 126k, the property is posted for 318k. Estimated ARV would be in the ball park of 500k. I was thinking of ...
Jason Woodford
Purchasing rental property with prior water damage claim
Hi All, so I'm in the process of purchasing my first buy and hold rental property. I've found a place that I like and the numbers play out very well but when I reached out to my insurance agent she notified me that f...
Bishal Shrestha
Water damage to property from neighbour’s water run
I have townhome that got damaged along with my tenants belongings from the water that flooded the unit from my neighbors water from washer. How should i go about claiming for my damage? Should i get the HOA involved t...
Curtis S.
Best way to protect yourself from damage property?
In your opinion, what will be the best way to protect yourself from tenants damaging your property? What is the best landlord insurance to prevent the damages from being excessive? I'm not a landlord yet, but I am goi...
Lauren Ruppert
Fire next door...damage to my rental property.
Hello all! I'm not sure where I need to post this, but here goes.... I have a rental property that is a row home. The home next door had a fire and now there is damage to my property. It looks like water/drywall an...