Bjorn Ahlblad
Keeping up with changes in property insurance.
Couple of months back we were informed that our apartment building is 'near ocean water and forested areas' and our rate was going up 3000/yr, and we may not get coverage in 2025. Naturally that sent me shopping and l...
Mindy Jensen
Are Radon and Cracked Heat Exchanger Material Defect in Colorado?
Representing the buyers in the State of Colorado.Radon comes back at almost 9.0. Furnace inspection revealed cracked heat exchange. Are either of these considered Material Defects in the home, now that the seller know...
Jordan Rahman
Investing in Natural Disaster Areas (Flood / Hurricane)
It's a SFR in Sand Springs, OK. It was affected by the big flood here recently (May/June in OK,AR). House has been gutted, had remediation, and the owner has contacted me about purchasing it. The majority of the neigh...
Terry Royce
Putting under contract with no deposit.
I always see people mention when putting under contract to assign how do you not put any deposit down, I would think most people would naturally want a deposit, and it would be hard to convince them otherwise.
Also, ...
Christophe Noualhat
Property destroyed - what to do next ?
Hi everyone ! Out of state / out of country investor here... I have (had ?) a rental property in Toledo, one month ago a fire broke out in the house's first floor, tenants been evacuated and house boarded up. The insu...
Derek Persuit
Property Manager/Home Warranty
I'm going through a situation where I will have to hire a Property Manager as I will be long-distance landlording. My home warranty is up for renewal and I am weighing the options.Is it overkill to have both a Propert...
Naseera Mohamed
Oil tanks
My husband is in the process of buying a house (our first very own ) -a short sale we located, in NJ -seemed a really good deal at 250K in a neighborhood where any house worth buying would be in the mid 300K range....
Max Rieves
Crawlspace needs better ventilation?
Hello All, I purchased a rental 2 months ago and the inspector noted that I needed to improve the ventilation in the crawl space. He noted there were slight indications of mold growth. I have now received 2 quotes fro...
Sophia Wang
Mold Issue
I went to look at a potential flip this afternoon. The house is in great shape other than the fact that the whole house is covered in a layer of mold! At first when I step in, I thought it was just dirty, so the fl...
William Joseph
Insurance and flipping
Here is the background:I have a separate entity for my flips. It is a domestic Connecticut LLC and does nothing but hold the flip properties. There is an operating account to pay contractors and purchase materials and...