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Hello BP,Im starting the rehab property on my first ITP flip. I acquired a property on Joseph E lowery for $55k It is a complete gut job. The estimates for work are around 80k. With comps sitting at around 220K-250k....
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I need an idea of what it should cost to have a brick chimney repaired. It's currently falling off the house and needs to be re-built, mortared, have a few courses added. Never had it done and feeling clueless. (I d...
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Wish I didn't have to make this thread but I find myself in the position of a lender and insurance broker both telling me the other is wrong so I'm hoping for some third party advice on this. I am far along under cont...
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Many communities have been devastated by natural disasters. Has anyone ever tried to bring a group of investors together to rebuild a town? One where most of the homes were damaged or destroyed as were businesses. The...
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For those that have paid off rental properties do you keep insurance on them? I have several small cheap rentals and owned them for 7+ years and never made a claim. Now that they are paid off I was considering not kee...
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Hello BP. I'm just starting out and closing on a rental 4-plex soon. I'm currently weighing the different property insurance options and there is a huge difference in costs/coverage between insurers. The background...
Hi everyone,My name is Josh and I'm from Denver, Colorado. I'm completely new to real estate investing but I have some close friends who are fairly experienced investors. I have a question about demolishing a property...
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Hi All,
We're under contract on a multi-family (2 units) in Northern NJ and I've been in talks with a design/build company regarding plans and services. We are going to open two walls for kitchens, gut and r...
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I’ve found a house that Im interested in buying for a rental property the house has been remodeled but I noticed there is deep long cracks in the walls so I’m looking for any one that knows about Foundation problems ...
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The storms in Memphis this week downed a huge tree into my rental house. Tenants were not injured and house looks to be badly damaged.
Can anyone tell me what to expect with an insurance claim? I have a $5000 deducti...