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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...