Ryan Shaw
Demolish Home on Two Lots?
Potential deal is an SFR that was built over top the border of two adjacent lots (original builder owned both). Assuming I can acquire both lots, here are the options I see along with ballpark numbers and time frame...
Jake Thompson
Rehab or Demolish and Rebuild
Hi all, I've come across a home in pretty terrible condition and am attempting to contact the owner to see if he is interested in selling. The goal would be to flip the property which is in a small town in the Albany/...
Marcell L.
TOTAL LOSS FIRE - CITY DEMOLISHED
Hi All,Short Story. one of our buildings was part of a large fire that wiped out half a block, 6 buildings. The city came in and demolished and cleared all the properties. 1. the property is under an LLC and is now ju...
Jeff Cliff
Swimming pool demolition considerations?
Hello,
I am planning to demolish a swimming pool in the backyard as it is not in good shape and the weather is usually on the cooler side so the usage would be very little if at all, besides fixing the pool in its cu...
Dan V.
Opportunity zone and GAA election
Are there any rules to follow when investing in opportunity zones? Like creating a separate entity, accounting process, tracking funds, investments, costs, etc?For tax experts, if a rental property was purchased with ...
Tyson Begly
Alabama tax certificate - risk of building new house after city demo of old house
I have the tax certificate for a house in Russell County. The house is condemned and the city is going to demolish the condemned house in the next 6 months. I won't be able to convert my tax certificate into a tax ...
Teck Kang
Strategy for existing home
The only house I bought to live in will be fully owned by the end of 2024. Some facts of the house:Location: Nassau County, NY, Town of HempsteadYear built:1929Purchase price: 290,000 in 2013Condition: AverageLot size...
Verlane Phizema
Creative Financing needed
Hello everyone, I have this silly idea that I can pay off my rental in 4-5 years . Purchased in 2019 for $110k, now worth $280k. I would get a simple interest loan to pay and demolish it to build a duplex or a fourple...
Account Closed
Keep or Demolish Garage? Opinions Please!
This is my first post/question so I hope you all on BP can give me some help with your opinions!My husband and I recently purchased a single family rental home that we are fixing up a little prior to renting. The hom...
Chris Patrick
bandos -- demolish, deconstruct, or leave standing
I had a couple questions about abandoned un-salvageable houses on otherwise vacant city lots that I want to buy and hold. The plan is to hold the lot for 5-10 years before doing one of three things: 1) sell as is, 2...