Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

29
Posts
9
Votes
Collyn Bennett
  • Specialist
  • Indianapolis, IN
9
Votes |
29
Posts

Problems with a property to avoid when buying

Collyn Bennett
  • Specialist
  • Indianapolis, IN
Posted

I've been looking for my first deal and found an interesting property. It's a house with a detached garage that has been converted into an apartment. Both buildings need to be gutted and completely redone. All the repairs looks like they're just cosmetic. The property is listed at a good price though so even with a good chunk going to rehab the deal works. This would be my first BRRRR property and I can tell just from pictures that it will need a lot of work. My question is what kind of problems should I watch out for due to hefty repair costs or long term issues? Things that come to mind are foundation issues, septic issues, etc. What are things you avoid no matter what?

Loading replies...