Andrew Pandolfino
First time flip - water damage disaster - ADVICE PLEASE
I am new to BP and real estate. A friend of mine who has not yet joined BP and is also new just completed construction on his first flip a couple of weeks ago. Last night he checked on the house and walked into a di...
Alex Failaev
Insurance declined water damage claim from a pipe.
Hello everyone!We have property that is currently vacant and it is under renovations. We have purchased builder risk insurance to cover this property while under construction. We did not look into the policy too much,...
Kurt K.
Tenant pays for water damage with renters insurance?
Hello BPers,My upstairs tenant decided to take it on his own to have Rent-a-Center install a washer & dryer in his unit without the landlords permission. There was a hook-up in the unit but it hasn't been used for...
Nate Pucel
Water damage occurred inside home during roof replacement.
We are having our roof replaced due to storm damage, however, when the shingles were removed another storm came through the area and caused a significant amount of water damage inside the house. Currently, we have a...
Sara Bolliger
Major water damage on out of town rental
I was notified by my property manager that after my tenants moved out (February in Indianapolis), the utility company failed to put the utilities in my property manager's name and instead shut them off. I don't know...
Hope S.
Extreme water damage, mold, hoarders and the kitchen sink
Has anyone ever acquired a severely distressed property (long neglected water damage, structural damage, mold, hoarders (and cat poop)) and lived to tell about it? We are so shocked by the state of a recently acquir...
Kamran Rahman
Help- New Condo with Water Damage and Black Mold
Hi BP!I seem to have a problem. A condo I purchased 6 weeks ago, seems to have water damage and black mold. I am hoping to get the following out from this thread:1. People sharing their similar experiences when living...
Account Closed
Extreme water damage/total roof tearoff- ok or runaway?
I've been looking at a property that is currently for sale in a nice little pocket in Indianapolis. Several very nice homes in this area and it is a quiet area. I'm still very much a newbie and wanted to get some opin...
Ann K.
Bids on property with some water damage and mold
If a property has water damage and mold and has not been renewed by insurance for that reason, would developers offer less for property? Property is in Grove area of Los Angeles, a prime area where many developers ar...
Lawrence Hsu
Water damage from neighbor, best way to claim insurance?
HiNewbie here. Have a rental in a condo building in Los Angeles. Tenant occupied. A unit above left their water on, causes damage to my unit below. They have already admitted fault, and I have an email stating that. D...