Mike Hoherchak
Multifamily: To buy or to build...that is the question
What are your thoughts?I live in eastern PA and I'm learning that inventory of residential multi-family properties are very slim within my price point. The inventory that is available seems to be really old and run do...
Brandon Turner
Need to level the foundation of my house
Hey folks, I'm looking to do an addition on my primary residence (live-in flip) and before I do, I need to level the house some. It's a post-and-beam house, with a concrete block perimeter. One corner of the house dro...
Tashina Taylor
Parents in a pickle. What are their options?
Good morning,My parents are currently renting out their 70's era manufactured home. The tenant accidentally flooded nearly the entire house. When my parents went to go make an insurance claim, the inspector found evid...
N/A N/A
Advice Needed: Too Good to be True? Estimated Costs...
I'm thinking about buying this property but it has been completely gutted. It is a two flat but the second floor does not exist and so I would have to build out a staircase, put in the floors on both the main and seco...
Frank Matanane
Manufactured Home - Unfinanceable Adjustment?
Hi Guys,For those of you who "don't shy away from manufactured homes on owned land (vs park owned land) you know that certain attributes like age and structural alterations can cause a manu to no longer be financeable...
TJ Sherrill
What is the exact process to buy/sell mobile homes in Washington State
I have several mobiles in mind and plan to make a contingent offers on both (subject to inspection).I know that they are personal property and so not subject to some Real estate taxes. My assumption on the process i...
Rick Jones
Evaluating a multifamily property. How old is too old?
Hey all, I'm looking to purchase a small multifamily property as my first rental. I found a triplex that i like and when running the numbers it seem like a good deal. The only downside is that the property was built i...
Kristina Modares
Cracked Foundation
Hi everyone!I own a rental home in Mableton, Georgia and I recently received a letter from my insurance company that said "foundation has cracking/missing foundation. Debris under screened porch" and that I have one m...
Jesse Aycock
Primary Home/investment Property on the Edge of City Growth
Investment Info:
Single-family residence other investment.
Purchase price: $275,000
Cash invested: $275,000
First personal home for investment built for $275,000 and appraises for $137 per square foo...
Ajay K.
Age of the property for buy & hold investment
Hello Gurus, When purchasing investment property how much does the age of the property matter for buy & hold investment ? Should properties built earlier than 1971 be avoided due to issues like lead paint, asbesto...