Structural Issues 🏠🏠🏠

[Danny Carter]

Hello BP Family I'm currently evaluating a deal where the property needs structural repairs. People always advise against getting involved with structural work but I think I can gross about 2k a month in rental income for an all in price of $100k. Can I get some opinions on dealing with structural issues from people with experience? I'm thinking that if we get them repaired properly then things should be good, but I'm new at this so not quite sure.

[Darren Sager]

Structural repairs fall into two primary categories:  Framing and masonry.   Framing is much more easily solved than masonry in most cases.  We just had to replace part of a foundation on a rehab we're doing in Maplewood, NJ because the foundation wouldn't support the structure properly.  That put us back $6K.  Then we also had to replace two primary center beams in the house to support it properly down the basement (and we had to add in four new posts).  

@Danny Carter joists, in most cases DON'T need to be replaced per se.  They need to be sistered, which is the process of putting another joist directly next to it and using a combination of adhesives and fasteners to make the structure whole again.  This is usually the case when a bad plumber or handyman didn't know a thing about where and how you can cut into a joist.