There is always something to learn as I add to my checklist. One of the things that I need to do a better job is to button up future leases on the HVAC system. Some of the leases I have inherited are vague on the re...
Hello fellow REI’s! Why do Hard Money lenders require an LLC? I understand it protects them from other issues with the borrower like personal liabilities and other properties being tied together if one should fail. Is...
I see and hear a lot about how investors can’t find decent contractors. What do you look for? What’s missing?
hey guys,
i've never had to replace a roof before and came by a deal that is pretty good. Needs minor cosmetics + a new roof. the house is about 1700 sqft built in 1980. I'm assuming this may be enough info to give a...
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...
I have an old house (built in 1920) and two homes built in 1998 and 2003 (I think)Never had any issues with any houses. I did have to put a new roof on an old house though because I was worried it may start leaking, a...
Hi BP friends! I've got a tenant that is asking/demanding that I test for asbestos in my SFH rental. This home was built in 1951, I bought in 2012; no basement - it's on concrete slab. It was a fix and flip when I ...
I am completing a live-in flip on an old house with a flat roof. We had to replace a large section of framing due to leakage and rot. Now, I don't know how to insulate the roof to avoid condensation and moisture issue...
Hello,I am selling a property, that is a either a tear down or 100% renovation in a high end neighborhood. Here are the general stats: - Land Value: $1.3M - Property value: $250k - SQ Footage: 3500 - General price per...
What is your experience in your market and if you are doing remodeling or building ground up, how difficult it has become to find building material? How much more you have to pay compare to priore to pandemic for labo...