All Forum Posts by: Vincent Di salvo

Currently looking for a contractor to give me an estimate on a foreclosure I am looking at in the Baltimore area. Can anyone recommend a reliable and investor friendly contractor? The main work would be in the unfinished basement and the kitchen. Also open to other upgrades suggested by contractor.

@Russell Brazil In your professional opinion is it better to make an offer first, then if your offer gets accepted have the inspection done? This is my first property and I'm trying to move carefully but quickly. I have looked at over 20 properties in person and about 300 online and this one property meets my needs and numbers. I would like to have more information on the home because I'm not sure if the mold was present when the previous tenants were living there or if this occurred while the property was vacant. But it seems my realtor is not very responsive to my questions so I have been kind of doing all my research alone. 

@Russell BrazilThank you for your input. I'm aware that there is going to be some sort of fee that comes along with this. I'm just nervous that if I put in a offer before getting a mold inspection done that I may have underestimated the problem. In your opinion, should I get this mold inspection then make an offer or make the offer first with an educated estimate?

@Thomas Gomboc thank you!

Looking for a reliable mold removal company to come out and give me a quote on how much it would cost to remove the mold in a basement of this foreclosure I am interested in purchasing. The home has been vacant for about 4 months. There is a window in the basement that is broken and I believe this is the cause to the mold problem with all the snow and rain we have been getting in the area. I am not familiar enough with mold to say this is the cause. I'd like to get a quote on how much it would cost to resolve this mold issue so I can figure out if my numbers still work for this property.

Has anyone had a good experience with a mold removal company in the Baltimore area that they would like to refer?

@Ned Carey I believe I was sitting in your row at the last BWI meetup. I was the awkward kid in the neon green polo next to you. I thought I recognized you from somewhere. I will make it a goal to introduce myself to you at the next meetup.

I should also add that I am interested in investing in Charlotte, NC since I have family that lives there.  The market in Charlotte seems to be on the rise and prices are relatively lower compared to areas such as Baltimore. Also, I understand the rent rates are lower compared to Baltimore. 

@Russell Brazil thank you for your feedback. 

@Aarin Esler thank you for the advice and link. I will make it a goal to get in contact with an experienced loan officer. 

M Marie M. thank you for your speedy response. House hacking sounds like a great alternative to what I am looking to do with my first property. I will look more into this.