All Forum Posts by: Nyx Sherwin

Other than price, what seller-funded incentives are working to move a remodeled single-family home?  For example, interest rate buy-down, home warranty, etc? 

Thanks everyone for jumping in to help solve this.  Here's where this netted out. 

1) The roof was in considerably worse shape than originally believed.  Tough lesson to learn about sequencing contractors.  

2) We also sealed the exterior walls with a waterproofing paint as a primer coat prior to painting. 

It may have been overkill but it was cheap insurance to keep the property dry.  

Really appreciate the community here. 

-Nyx Sherwin, We Buy 502

https://apps.legislature.ky.go...Now that we have house bill 62, is wholesaling without a RE license still possible (legally if course)?

I’m not convinced it’s as bulletproof as some are describing but my opinion doesn’t matter. 

Good call. The first few pictures aren’t exactly where we’re having the drywall issue but give the best sense for the construction. This is actually in the shower and it looks like years of water damage that had been hidden by a wood panel (OMG), that’s what you’ll see in the white and blue. The plaster wall fell away from the wall when I pulled the panel. It looks like the house is block walls coated in half inch plaster or some other type of masonry product. Ever seen something like this?

Unfortunately it’s cinderblock and it’s from the late 1950’s in the midwest. I can confirm the house smells like an aquarium filter. I hadn’t considered the block wicking water from the ground so I’ll keep that in mind once we get the roof and gutters squared away. Also planning on prioritizing exterior paint with a drylok product for the primer coat. Any other thoughts??

Hello! Taking the jump into my first BRRR and learning a tough lesson. Many of the interior walls, particularly the exterior walls are in bad shape and I brought in a drywall crew for repairs. And a decent rain the next day most of the walls were bubbling and the drywall was still wet. It seems like water is getting into the house somehow and a new roof is going on next week. Regardless, the exterior walls are something I've never dealt with and seem to be a lot of trouble. It's a block house with plaster directly applied to the block, no vapor barrier, no framing and no drywall. I suspect water is penetrating the block and we need to get the house fired out before we try to repair interior walls but I'm still concerned that drywall mud isn't the solution. Has anyone dealt with something similar? What else should I consider?