Rental Property Investor · Johnson City TN · Member since 2016 · 386 posts · 271 votes
I'm buying a turnkey SFR and had a third party inspection done. The inspector found a couple of cracked window panes. Is this something I should ask to be fixed or credited for before closing. My thought is since the windows are already compromised they could easily deteriorate further with normal use and then it becomes a capital expenditure.
My highest priorities are: Safety, code, and opertions...things should work as designed. I'd appreciate any thoughts or guidance.
Investor · San Diego CA · Member since 2014 · 341 posts · 139 votes
9y
There is no downside to getting that credit. You can bet if they replace the windows it's going to be the cheapest possible ones, so I would go for the credit. It's not turnkey if the windows are cracked. While the risk is minimal, I would go ahead and get it taken care of.
Rental Property Investor · Augusta, GA · Member since 2016 · 348 posts · 171 votes
9y
@Greg Scully I think you missed what @Ben McMahon said. You want the credit so that you can fix the window pane, not through it in a cap-ex fund. You want to fix the pane so that you can ensure that the work is done correctly.
I would also be weary of buying from turnkey providers that put lipstick on pigs. Everyone makes mistakes though and this could have just been an oversight on their part.
Investor · Chicago, IL · Member since 2009 · 1k+ posts · 1k+ votes
9y
Ask for everything. If they advertise a turn key, negotiate / demand that the windows are fixed, replaced or credited. This could be a sign that shoddy work was done. Reply on that inspection report.