Mal K.
Lead Paint in a rental unit.
I received a notice from a Health Department that one of our units has a Lead Paint. The apartment was tested and it seems the doors, door jambs, windows, window trims, porch and back staircase are all painted and hav...
Kevin N.
Inspection report said plumbing system would not hold 40 psi?
I am under contract with the HUD house. In the HUD inspection report it said plumbing system and sewer system are tested with air compressor and would not hold 40 psi. I do online search they said normal range for hou...
Joseph M.
Damage to REO close to closing ...Should I get a credit?
I am close to buying an REO property that is close to closing. I did a recent walk through and discovered that someone removed the dishwasher and damaged the cover of an in wall A/C unit. It didn't appear to be a forc...
Darrell D.
One home listed, one giant leap forward.
First let me tell you that I have 5 properties in three states so I'm getting better at what I do. So what do I do, you ask. First, I joined the air force in 1994 and bought my first home in 2002. After losing much...
Wendy Black
Property Management Expectations
We have an IRA house (in an HOA area) with a backyard that faces a manmade lake. You can see through the fence. While the PM supposedly walks the property every 3 months, it's been us at various times who has discov...
Marten M.
Solid Cash Flowing Property. Offer Above Asking Price?
Long story short, I've been looking to pick up my first MFH this year and came across a property that is cash flowing very well. It's a 3 BR/1 Bath duplex that currently has tenants in both units. Both tenants are on ...
Jonathan Bonck
Just completed our first rehab!
This is our first full rehab. We are trying to use the BRRRR strategy. So far we have bought, rehab, and its on the market for renting. Then we will refinance after 6 months and repeat!!This is in the Southeast area o...
Mike Kooser Sr
Recovering Damages letter
My tenants who moved out last month left the place in rough condition. I'm just now finishing up getting the unit back to rentable condition. I wanted to send them a certified letter to their new home ,job and email...
Srinivas Mudireddy
Advise for repiping a house
Hi,
I have a 1250sqft 2 story 3 bed 2 bath condo built in 1977 which recently had a big water leak. Because the tenant couldn't detect it in time, we had to throw away newly installed floors on entire downstairs. Tha...
Erika Brown
Do you all purchase home warranties on your rentals?
Does anyone here purchase home warranties on your rental properties? I’m thinking about adding them to my properties to mainly cover items like hvac’s, water heaters and such.