
25 August 2015 | 66 replies
The tenant managed to put holes in 4 doors of the unit, destroy a set of blinds, and seemingly ran off with an overhead light fixture.

19 May 2015 | 8 replies
There are still many parts that are utterly destroyed.

11 May 2015 | 9 replies
I was 4 months along trying to refinance my primary residence, the appraisal came back that the single family house is zoned general commercial and now the bank won't finance because if it was ever destroy over 80% that a residential property could not be reconstructed.

19 August 2015 | 6 replies
You're trying to find JV Partners for an investment you will not be participating in, that you have no knowledge of and that you don't understand...that is a recipe for disaster, and it's the best way to destroy your reputation before you ever get off the ground.
21 August 2015 | 20 replies
For people who have tried selling on the MLS and have tried selling themselves I am their best option.Some Realtors simply don't want to mess with houses that are destroyed or low $$$ deals.

28 August 2015 | 21 replies
I'll bet they have an obligation to keep the premises clean and in good repair and are prohibited to destroy the place.

23 August 2015 | 2 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$20,000 cash for rehab$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.

25 August 2015 | 24 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$11,000 possible payout for selling agent commission$9,000 closing cost (will attempt to have seller pay closing)$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.

27 August 2015 | 8 replies
One should NEVER purchase a property where the neighbor can unilaterally destroy the value of your property without consequences, if the facts are as you describe.

25 August 2015 | 2 replies
This was pretty cool for about 10mins, then we realized the house had been DESTROYED by termites!