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Hi everyone, i need some help here to understand how to proceed.
We are doing a major house renovation, for the purpose of renting out. Location is Charlotte, NC. We hired a GC, who is managing all the work.
We star...
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So we are under contact with a house built in 1904. The purchase price is 115k. Seems like a good deal because it will cash flow. The main problem is with the repairs. We relied on 2 contractors who estimated the repa...
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My wife and I are trying to determine if we want to sell our property and capture all the capital gains or hold the property and possibly incur some costly repairs.We turned our previous home into a rental property an...
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BP,
We are three business days away from our closing date and the seller (4:00pm on a Friday) calls my agent and asks for us to provide a price in lieu of making repairs as originally promised.
As an investment prop...
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Background information: I am looking to grow my investments and found a small two story, 2 bedroom ~1000sq ft house in a town about an hour drive from me. They are asking $10,000 with an estimated rehab cost of $15,00...
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I represent the buyers in a transaction. Popcorn ceiling from a 1966 build. Ceiling is currently in excellent shape, no peeling, cracking or falling off.If asbestos is present, how safe is it to encapsulate with gypsu...
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I'm flipping a 3 bed 1.5 bath 1206 sqf with attached 2 car garage. My question is if I do a garage conversion to add more living space will it add value or should I spend the money else where. Any feedback would b...
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I rented my duplex out to some druggies (no, i didn't do a background check and yes, i will DEFINITELY do that from here on out), and they left the stench of meth and cigarettes in the place. I've painted and it just ...
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Just a friendly reminder to you property owners out on BP.
We americans are adamant about taking our cars in for service and oil changes on time. Often our houses are much more expensive then our cars yet we neglect m...
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We accepted an offer on a house that I had posted some pics of earlier on here, its not your "typical" flip, at least not for me, it was a 4600+ sq foot English tudor, just a half of a block off of Lake Michigan on th...