Marie Eisley
Failed interior insurance inspection due to illegal unit and vacancy
Hello BP, I purchased a legal 2-fam house in the Bronx (built in 1899) with an illegal attic unit that's a finished apartment with plans to househack and live in that unit and rent out the others. Right after closing ...
Patrick Philip
How to scale up to larger developments?
I am not asking about how to acquire financing. This is about the logistics of doing larger developments.
Currently, I am building single-family homes. I am managing the projects myself. I have a licensed General Con...
Pamela Villa
Thoughts on 4-plex (gut renovated but VERY old original building)
Hey everyone! I'm looking at a 4-plex and would appreciate any insight on two Qs.
1) Submitted request for more info on loopnet and got some videos and an exec. summary but nothing detailed and no financials. While i...
Fraser McCurrach
Buying a property with an illegal / unapproved expansion
I'm currently looking at purchasing a property that was originally a 4 unit building. The seller at some point expanded and created a 5th unit in the basement. I don't believe it's to code and was probably never sanct...
Michelle Fox
Annual walkthru inspection on rentals
I own several rental properties in the Ohio area. Just thinking whether or not to start doing a annual walk thru prior to lease renewal. Any thoughts? Thank you.
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
Hey Everyone,I am an extremely novice real estate investor looking for some advice on an opportunity I have on the table. I have the option to buy a 1,300-sqft 3-bed, 1.5-bath house in South End neighborhood of Stamfo...
Christopher Malone
Ceiling Height for Section 8
I am reading the HQS Inspection guidebook and it states on page 62 section 6.1 "Determine that three quarters (75%) of every bedroom has a floor-to-ceiling height of 7 feet or above. If room is larger than 70 square f...
Charlie Lindland
Inspection report condition.
Hello BP family. I received this inspection report and I am just wondering if the defects on there are fairly standard or if this looks like an absolute disaster. The property is very inexpensive and I am budgeting fo...
David Slamer
Buying As-Is/Foreclosed Property
When looking at As-Is property, what risks are you taking? Are you still able to build in any inspections to the contract? Thanks!
Julie Halloran
Lead paint questions (in MA)
I just purchased my first multi-family (in Belmont) and have a couple of questions about lead paint. I've heard that the laws around lead paint in Massachusetts are changing December 1st, and that it could make it eas...