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All Forum Posts by: Steve Crisp

Steve Crisp has started 13 posts and replied 29 times.

Post: How to isolated possible flooding in the basement

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5
Quote from @Andrew Freed:

@Steve Crisp - @Matt Stewart is providing some great advice. Usually from my experience, water getting into the basement a lot of time has to do with a non-existent gutter system or one that does not direct water away from the property. Also, having a negative slope into the property is a big reason I see water getting into the basement.

The one solution that Matt did not mention, which should probably be a last resort is an external or internal french drain. If you can't stop water from getting in (some older properties were not designed that way), you can install a french drain to direct water away from the property or into a sub pump. They can get expensive though hence usually it is a last resort. Good luck! 


Good point Andrew. I'm getting a roof installed with gutters as well. I just thought it was strange there was water only in the basement and not upstairs. After reading these responses, I think I will hold off on spending money on the water proofing and foundation repair and revisit this issue after the completion of the roof and gutters. I already have mold downstairs I plan on removing so that's work scheduled anyway. If the new roof, tuckpointing and gutter installation prevents water from showing up again in the basement, this post will save me thousands of dollars.

Post: How to isolated possible flooding in the basement

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5
Quote from @Matt Stewart:

@Steve Crisp  You need to figure out where the water is coming from.  Are your basement walls wet?  Check your downspouts to see if they're directing the water out away from the foundation.  Look at the grading around your foundation.  It should slope away from the house.  Next, do you have a sump pump?  If not, installing a sump pump and good drainage into a sump pit will definitely help.  Without it you may just have water seeping up from below.  Especially if the property is located in a low area with poor drainage.  Talk to the neighbors.  See if they have, or had similar issues after a rain.


 Thanks for the response Matt. I'll take action on those recommendations. 

Post: Using big box store installation vs finding your own contractor

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5
Quote from @Richard F.:
Aloha,

All Contractors were NOT created equal. Only first hand experience with a contractor will provide you with some semblance of a performance and/or quality guarantee. Sure, some of the Big Box referrals have a good track record, but how do you know if the one you are selecting is a recent addition to the list or not? I have seen wide-ranging capabilities from these vendors, and in one case experienced ridiculous damage due to a seemingly simple appliance delivery. It took nearly 4 months for the Big Box to make good on the repairs to restore the wall, wooden stair railing, and electrical switches that were damaged.

You will be best over the long term to develop relationships with specific Contractors and Handymen; do not constantly try to beat them down on price, rather accept that they are providing you a good value (after an initial experience, obviously) and treat them like the Gold they are to your business. You learn what to expect from them, They learn what your expectations are, AND, they learn about your property so they do not need to "investigate" every time they visit the property to troubleshoot or locate features. This can be especially helpful for electrical and plumbing service calls.
Richard in regards to none big box contractors, are you asking to see individual contractors licencse and insurance information? How are they providing that to you. Had several run away when I asked them to email me their license and insurance info. DIdnt know if I was out of bounds or not

Post: How are you guys vetting your contractors?

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Had multiple guys reach out to me on several projects. When I say email me your contractor license and insurance info, I never hear from them again. Am I off track? How are you ensuring folks are legit? 

Post: How to isolated possible flooding in the basement

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Doing my very first flip. Got a new roof scheduled for next month and getting tuck pointing completed now. Had a home inspection last month and the inspector said the foundation is solid and GTG. It rained yesterday and I have no flooding in the upstairs rooms but I have standing water in the basement. Verified that the water is turned off to the house but now I'm wondering if I should spend money to get the basement water proofed. Have any of you guys experienced an issue like this and what did you do to resolve it? 

Post: CPA for establishing LLC

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Getting my LLC off the ground. Want to sit down with a CPA or Accountant so I ensure I setup my accounts properly and understand taxes for LLC. Looking for recommendations for one in the St. Louis MO or Chesapeake VA areas where my LLC's will be located.

Post: Biggest lesson you have learned so far? 🤔

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

So  Kyle, when you say kicked around, are you referring to being screwed over by contractors? Tenants? Property Managers? What area are you referring to mostly from your experience? 

Just got my 1st property last week. 

Post: Looking for a Tax Advisor

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Just bought my first rental property out of state and started my LLC. Looking for a CPA or Tax Advisor in my area that can help with real estate taxes. Any recommendations for one in the Hampton Roads Virginia area?

Post: Any recommendations for a roof contractor in that service the 63121 area code.

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Good Stuff Jerry. Wish we were closer as well. House was given to me by my father whose name is Jerry as well . Kinda funny a Jerry responded LOL. Good advice. Greatly appreciated. 

Post: Any recommendations for a roof contractor in that service the 63121 area code.

Steve Crisp
Posted
  • Investor
  • CHESAPEAKE, VA
  • Posts 30
  • Votes 5

Taking over my parents house. Been sitting vacant for 5 years. Lots of repairs needed. Got an Home Inspector next week but Im sure he will point out the roof. Going to start from the TOP and work my way down. Trying to get any good recommendations on a contractor for the roof. The Google approach has not worked well to this point. The guy agreed to a free estimate and didn't even show up.Guy didn't even show up.