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Forced Appreciation with a Pool in Phoenix
BP Community - I'm a new investor and currently shopping for my first property in the Phoenix market. The goal for the first property is to make it a Short Term Rental. Based on the little experience I have, I'm start...
Steve E.
Relisted HUD home
Hello all,
I was watching this home in August during OO period since it was in my neighborhood and when I checked end of September, it was under contract. Hud initially had it listed for $255k and when it went unde...
Nena Stewart
Cost of Underground Pool Removal
Does anyone have experience or knowledge of the complete removal of a buried underground pool? There is an empty lot I'm interested in purchasing but it has a decades old community pool that has been filled in. The lo...
Monika B.
Too Conservative Replacement Reserve?
I bough my first rental (duplex, non-owner occupied) 2 years ago and would appreciate feedback on my replacement reserve amount, and thoughts on needing flood insurance in a non-flood plane. Monthly income is $1,995, ...
Matt C.
Baltimore Flat Roof Repair
Hey Group,
I'm attempting to close on a property in Baltimore City, but the sellers have not yet made a few repairs that were agreed to in the inspection notice.
The biggest repair is a section of the flat roof tha...
Eron A.
Which type of contractors for these issues?
These are important:1. basement has water leaking into it in 2 areas. contractors tell me its coming from the footer and getting in. i dont quite believe it. i have 2 plans to figure this out. im going to dig a deep h...
Frank R.
What to look for in a townhome/condo house hack (Denver)
Hey BP,
I'm interested in acquiring my next property and would like my next deal to be a house hack instead of another OOS rental property. I'm currently in Boulder, CO but would like to buy a townhome/condo in the w...
David Beard
Cost of Inground Pool removal
Was hoping to get some feedback from folks who've done this. This would be a nice 1600 SF rental property, but do not want the pool. (See picture at link below).
Was considering bidding on it. I think the pool is ...
Steve E.
HUD Due Diligence Period
Hello,
Can someone please verify the due diligence period for a hud property? I see from the posts it is 48 hours but the below document states it is 15 days. So which one is correct? Thanks in advance.
http://id...
Shaun R.
Pool in the back yard
If I end up renting my primary residence, what should I do with the above ground pool? What kind of liability will I have? Will some type of waiver signed with the lease cover me? Do I need to check with the insuran...