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Results (10000)
Corey W. Scales Home with Fire Damage
8 January 2020 | 1 reply

I'm looking at a property for sale that has quite a bit of fire damage. Can anyone offer advice on what to consider before I make an offer. I want to avoid purchasing and then finding out it can't be rehabbed and woul...

Deborah R. Repair Roof or just Wait for a Storm?
30 October 2024 | 12 replies

I just bought a 2016 house that has a few missing shingles.  In several areas, the shingles need to be secured because they can flip up.  The repair quote was over $1,200.   Inspector said the roof should only last 5 ...

Hiro Kitagawa Tenants caused damage to another property, has no insurance
3 September 2018 | 3 replies

Hi all. I have a rental property in the sate of Kentucky. The tenants in my condo (upper unit) left the water running while filling a bathtub, resulting in water leaking into the downstairs condo.My tenant has $300K l...

Jane V Yunger What is considered wear and tear?
12 August 2021 | 1 reply

My family had to unexpectedly move and we decided to rent our home while we were away for two years.  I am trying to understand what is wear and tear and can be deducted from the security deposit.our floor were refini...

Ryan Haase How long does a claim count against the home?
9 February 2015 | 11 replies

We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...

Jared Lasko Fire damage BRRRR? Are they worth it?
25 January 2020 | 1 reply

Hello all!
I have recently come across a deal that has fire damage. I haven't completely ran the deal but at first glance, it looks to be a very good one. It is a duplex that ARV could quite possibly be 300k above it...

Daniel Pessin How do I calculate the value of a property with fire damage?
6 November 2019 | 2 replies

Hi everyone,I'm a new real estate investor / wholesaler.I recently came across a property with fire damage. I have not seen the property yet. The seller wants to sell for 120k.Here are the property specs - 4 bed / 1.5...

Jayde Brown Landlord claims damage; tenant claims wear and tear..
7 June 2023 | 19 replies

My question is in regards to wear and tear; specifically, plumbing below the floorboards and inside the walls on a 20-year-old rental cottage. If there is leak not readily noticeable, as in occurring inside the bathro...

Emily Powell Houston Investors...Did you/do you now have flood insurance?
17 July 2018 | 26 replies

Houston investors... I currently own 4 SFRs in the Houston area.  I was very lucky and walked away with minimal damage following Harvey.  But I'm wondering whether this should be a wake-up call to get flood insurance ...

Brad Warshaw How Do I Find Source Of Leak That Damaged My Condo
5 March 2019 | 0 replies

I bought a condo at the auction that has water damage and mold in excess of 15k to repair. I called the management company and they blamed it on a recent leak from the 3rd floor, I am on the 1st. I saw the work order ...