Ernest Grindle
Oil in the Water of a House I'm Considering Buying
Hello, I am looking into a potential investment property (my first) in southern Virginia and there is a foreclosure that looks promising, but it appears someone (guessing the previous owner) dumped a bunch of oil arou...
Atul Kaushal
Won House at Auction. Water in the Basement. No Power.
Dear BP,I recently won a house at auction, the power is off, and there is water & mold in the basement. Once I get the deed in about 30 days, I'd like to go in and fix the place up. What is the best way to appro...
Gurjot Grewal
Update on: Seller wants me to waive inspection
They countered by accepting my original offer with inspection. I received the two previous inspections done and one shows a lot more work that needs to be done than the other. My concerns are: -Some of the electrical ...
Logan Graham
I think I’m missing something when I analyze a deal
I am looking into deals and trying to calculate the numbers to see what is a good deal and what isn’t. However, when I put in the numbers I feel like I am doing something wrong. I could really use some help to try and...
Dave Kansagor
Seeking advice on a development opportunity
I have been in the real estate game for 10+ years as an investor/agent/management and have recently been approached to be a partner in developing about 100 acres into a residential neighborhood and starting a developm...
David Hodge
Moisture in basement
We are in Colorado (near Denver) and noticed moisture in the basement. I was originally thinking that the moisture was coming up through the concrete, but I don't believe that is the issue for these reasons... the to...
Account Closed
what do i do with a house that is under water
not literally. i dont know if there is a different way of wording it....
basically, he has 80k left on his mortgage. the market crashed and now the comps are running about 65k (without looking at repair costs...
Lane Ewert
Buying A House in Few Days With Water Damage Need Advise
We want to buy this house as our first with an FHA loan that allows repairs, fix it live in it for two years and sell. What is the best way to asses the ARV quickly? There have already been offers made and our Realt...
Jack Henry
So what all really goes into rehabbing a water damaged house???
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Justin Fraser
Tenant left water on for a week and destroyed my house
On Friday, the next door neighbor to one of my rentals in Trenton, NJ called me to let me know he had water in his basement, could hear water running in the house, and that he hadn't seen my tenants in over a week. Tu...