Romeo Jeremiah
"Just Get it Under Contract" - True of No
REO property (Fannie Mae) listed for $144k in my area but needs work. Comps come in at this price but are move-in ready. I know this because I recently had an appraisal done on a house, with the same floor plan and in...
Martin S.
Tree Service, ask for insurance before job?
Have a huge oak tree which has roots pressing against the foundation. Want to cut it down before it causes any real problems. I did have it trimmed, and they dropped large logs onto the roof, which put a small 2 inch ...
Robert D.
Dog urine in carpeting
Hey all so as im cleaning out one of my rentals i thought about something so excuse me if this diesnt turn out right. Doing this from my iphone. So in another thread i posted had a bad tenant. Long story, i have dog u...
Dana Richardson
Need help regarding a strange situation please.
My husband and I are going to look at a house to buy for us personally that was just listed on the 26th. Our realtor said that there are 9 interested parties to see the house and they have one hour on Sunday that 3 o...
Trevor Ewen
Appliance Replacement Plans
We're buying a whole lot of appliances from Lowe's this weekend. For the set of appliances we've chosen for the units, Lowe's has 5 year replacement plans available. According to our numbers, these are running at abou...
Ashley Zhang
Sewer scope inspection
Hi all, I just paid a sewer scope inspection. the observation was: " A belly was noted in the line. A belly occurs when settling or compaction of the soil occurs below the pipe and causes the pipe to have a low spotwh...
Harshavardhan Challa
Insurance for Fire accident - rebuild
Hi, One of my townhome rental in Hampton, VA recently encountered a fire accident and unfortunately resulted in a total loss. The insurance adjusted (IA) mentioned, it will have to be re-constructed along with adjacen...
Juan Diaz
Beginner's Guide to Comping
Sharing some of the resources I've developed and thought I'd post it here for feedback CompingThe other element of purchasing a property, regardless of the method, is comping. Comping is one of those funny nicknames f...
Brandon Harrison
Austin, TX - Contractor for light flip
Hello all,
I'm a newbie investor (I currently own one triplex) living in Austin, TX. I am under contract for a live-in flip in Austin. It's a relatively "light" flip which is what I was seeking as my first attempt...
Account Closed
"The dangers of buying a "flipped" house"
I hope it isn't but I'll bet this is common: People buying "flipped" houses only to find that it has been remodeled in a shoddy fashion. http://features.aol.com/video/dangers-buying-flipped-house