Guillermo Kennedy
Rehab and Flip Fire Damaged Properties - Deal or disaster?
Hi BP Community!Certain markets in the northeast have become saturated with investors with the larger, better financed ones snatching up the best deals through inside contacts and greater access to capital. I am alwa...
Brian Garlington
Tenant damaged property, PM says deal with tenant directly?
Question for the forum. I have a tenant that caused damage to the property, he has admitted fault in writing and said he would pay what is owed. I told my PM to send the bill directly to the tenant and have him pay si...
Janell Rasper
Condo Damages to association property because of previous owner
Purchased condo, re-habbed, now ready to sell - Previous owners (two different owners ago, about 15 years back) put in new windows and caused some siding damage on the back of the building (missing flashings). I, as t...
Chris Kendall
Neighbors business/apartment caught fire, FD damaged our Property
Neighbors place of business caught fire, (from a wood stove/ mini incinerator) gutted the place, including the rental apartment connected to it, bad enough that they decided to level the place. they decided to use a 4...
Eric Tomlin
Tax question re: sale of fire damaged rental property
Good day experts. I am trying to understand the tax laws and determine my tax liability for a rental property that I have sold in 2018. The uniqueness of this transaction is in the fact that the property suffered a fi...
Anna L.
Property got water damage due to the above unit
My property had a water damage because of the air conditioner pipe of the above unit.The water leaked from the ceiling, carpet all wet, so I called the construction company and the dried the wall, floor and need to ge...
Martin K.
Rental Property Purchased after a Fire damaged the building.
Investment Info:
Condo buy & hold investment.
Purchase price: $104,000
Cash invested: $15,000
Purchased in 2018 after a fire had damaged the building 2 years earlier; due to lack of capital was o...
Michael DePallo
Foreclosure Property with Water Damage from Roof & Windows
Hi all. We are interested in buying a foreclosure sight unseen to remodel and live in ourselves. Fortunately we were able to get into the property after chatting with the tenant (original owner’s grandson) for a bit. ...
Kelly Conrad
Looking at serious fire damaged property-looking for advice
Hello! Just got funding and we're now looking through the MLS. We're looking at homes at or below 160k, multi-family to do a BRRRR. There is a listing for a home at 105 that's a duplex that has serious fire damage in ...
Johnny Kang
Contractors needed to Renovate Fire Damaged Properties - NYC/NJ
Any contractors experienced in renovating Fire Damaged Properties? I'm looking for people in NYC, Long Island, Up State NY, and northern NJ to handle renovation jobs. Must know how to deal with insurance, adjusters, m...