Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Rehabbing & House Flipping
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 over 11 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Jason Snider
  • Rental Property Investor
  • Land O Lakes, FL
0
Votes |
2
Posts

Roof Damage

Jason Snider
  • Rental Property Investor
  • Land O Lakes, FL
Posted
Hi everyone, I wanted to quickly introduce myself and say hi as a new member. I have a property that I'm looking at that has some water damage on the inside (ceiling damage) in 2 spots. If the roof had leaked so much as to cause the ceiling drywall to fall down am I setting myself up for big costly repair? House is a 1 story ranch built in 1960. The house is dated and would be renovating for retail. Can possibly get the house for around 60-65k and its ARV is 130-135k. Does this sound like a good flip investment? I'm concerned about hidden costs with the water damage. Can anyone shed some light if you have experienced this? Thanks Jason

Loading replies...