Hello BP communityWhat would be the best source of financing for a duplex that has one habitable unit and other is not habitable due to fire damage.The habitable unit likely needs some updating as well. I assume a con...
Hey everyone, just looking for some feedback and/ or options. One of my properties caught fire a few weeks ago. The tenants are ok but everything is destroyed. The insurance has offered me a cash pay out option if I d...
During my driving for dollars trips I've come across several fire damaged and abandoned houses. I looked up the tax and deed records to try and locate the owners to propose a purchase. Has anyone out there had exper...
When wholesaling a property with fire damage who is responsible for obtaining the permits to repair the damage, the owner/seller or the buyer?
We had a hail storm move through the area last Saturday. I had one rental get hit bad. Roof is trashed, vinyl siding on one side of the house has about 200 holes in it. Another two rentals need new roofs, but ha...
I am a real estate broker and property manager in Jacksonville, NC. One of the hardest hit areas from Hurricane Florence. Just reaching out to get advice on investing in flood damaged properties. Any flippers or buy a...
Hey guys, I’m a newbie here but I just wanted to reach out for some help regarding a property I’m looking to buy. I found a triplex for $65,000 that has two semi-updated units & one attic apartment that could use ...
Ok so I got this VERY motivated seller who has a property he wants to get rid of for NO money! He says there is a lot of fire damage. I set up an appointment with him tomorrow morning to see the property. What I reall...
Hello everybody,I found a property with extensive fire damage to it. The garage is gone, damage to the roof, and I have no idea how bad the inside is. The owner said that the insurance cannot cover all repairs, so the...
I am trying to write a letter to a family who's house is a complete loss. I normally send a "I want to buy your house" letter but I am thinking that I should address the damage in the letter. Something like, "I am sor...