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HI there! I am analyzing a property that has a serious MOLD problem. I have not had experience with Mold issues in the past... some are saying it is TERRIBLE and others are saying its the FLIPPERS DREAM. What are ...
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Hello BP community!I am working on closing a duplex in the City of Chicago. We are very close to the finish line, however, there has been no shortage of new findings and surprises along the way! I recently received a ...
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Investment Info:
Single-family residence fix & flip investment in Kingwood.
Purchase price: $130,000
Cash invested: $102,000
Sale price: $379,000
Complete gut/remediation/renovation of lakefr...
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Hello BPers!I am currently under contract for my first deal - a 1940s triplex in a C area. I am an out of state investor so have some limitations in terms of being able to really see the property. I did, however, hire...
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Hi, I am in the process of buying my first house ever that I am going to live in 1 year then rent out. Ive been under contract since August (going on 4 months now), the seller had to reapir the hot water tank and reme...
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I am looking at my first possible flip purchase. I can account for all cost except this. The roof needs to be replaced hence the water damage in most of the rooms on the ceilings. The homeowner says it has been the...
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Hi everyone!I've been negotiating the purchase of a triplex in upstate NY (Hudson Valley) and we're soooo close to coming to an agreement on the terms, but a half-buried oil tank is throwing a wrench in things. I'd lo...
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I have a tenant who heard "the toilet running" for "over a week, I guess" - but it turned out to be a big hot water leak spraying the subfloor under the bathroom in an enclosed crawlspace. So there is mold. Lots of ...
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Hi all,I would like some advice on an issue we are facing at our rental right now.We have a 2-storey rental home (built in 2005), where the tenant called us in early January saying they are seeing a 2ft by 2ft wet spo...
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I'm going through a situation where I will have to hire a Property Manager as I will be long-distance landlording. My home warranty is up for renewal and I am weighing the options.Is it overkill to have both a Propert...