Aaron Froggatt
Private Bridge Construction Loan Middleman
We have a seller lead looking to sell their home later in 2020 to free up cash for a construction loan to build a new home that will then be their personal residence. After the sale, the couple wants to rent the prope...
Pedro Florentino
Insurance on new construction vs older homes
Hello everyone, I have a home that was build in 1929 and in great condition. I live in Miami and insurance is extremely high. I spoke with my agent and one of the reasons is that the house is an older house. Consid...
Sandy Uhlmann
Purchasing a FannieMae HomePath Property
I am looking at a FannieMae HomePath property and I was wanting some advice on the amount to bid for it. This property needs a new roof AND has about 4 layers of roofiing that need to be removed. It also has some...
Tom Chen
Roof replacement - ARV - BRRRR
Hello BP family,Just a quick question...When you put a new roof on, can you recoup that cost at the refi?In other words, the duplex I bought was $45k.A new roof, 2nd floor floors and kitchen ran me approximately $16k....
Patti Rosepiler
Homeowners Insurance (Older home)
In a 1950's home (Florida), I am hearing that the insurance will be MUCH higher due to old electrical, plumbing, etc. I have tried to speak (and email) several companies, but no responses. Any of you have experienc...
J Anders
Advance Planning for Flipping Houses
I was looking for books on home flipping, and found "The Book On Estimating Rehab Costs" and it's sister book which led me here. I consider myself to be a relatively successful handyman in small town Iowa. I currently...
Edita D.
Roof update: remove existing or install on top of current roof?
Hey guys!
I received 4 bids to replace the roof, and I am really confused. Some contractors say there's MORE than 1 layer, some say there's only 1 layer of older roof.
First, Is it necessary to remove the exist...
Huiping S.
New Shingle roof leaking of Tampa FL.
We had a roof was installed in Jan-2017. Started to see leak since first storm of Jun. The roof company send repair worker 3 times and told us the tall nails caused the issues. Left the leaking spots on our roof. Unfo...
Jeremy Peters
Property Cost of Ownership Breakdown
I'm looking to get into buying rental property in the Dallas/DFW area and I would like to get some feedback on my research to budget for capital expenses. My goal is to develop good capital and maintenance budgets.Des...
Account Closed
New construction premium
I'm interested in others experience. Does the premium to buy new construction properties worth the lower cost of maintenance and repair? I'm interested in long-term investment. I see the trade off as older cheaper hom...