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a house recently went up for sale in a fairly expensive area code (98033). The house sits on a 7500sft lot looks like almost a complete tear down except for the brand new roof. Asking 250k, similar styled houses go fo...
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Good morning BP brothers and siters.. I am currently analyzing a burn out property for potential complete rehab. I have never done one before, but I have seen that the opportunity can be great and bad. Property is in...
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Hi, I'm trying to come up with the value of a property in another State then where I live. The house has been abandoned for 12 years and MAY need to be demolished, not sure. ( I am told that in that case it changes th...
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Hey everyone,
I own a duplex that I’m in the process of paying off in the next couple years. When I do, rather than fixing it up (built in 1948), I’d like to knockdown and rebuild, but split the folio to convert it i...
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What are the thoughts on purchasing buy and hold rental in flood zone? Do you have a tough time renting? I know the rates will likely be high for flood insurance from Hurricane Sandy but this particular spot does...
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For me nothing is too far gone. Call me optimistic but coming from a construction family I tend to see the potential in every home. The only time I get nervous is major fire damage. It just seems like there can be in ...
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Easy question folks. I have an LLC of SFH rentals. I have 0 employees. I do most all renovation my self, but with a 2 year old I want to be home more. I don't want to lose so much money to outsourcing the work com...
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What is best practice for correcting details on a recently issued homeowners insurance policy? The property was renovated a few years ago (we purchased in February 23) and the details are incorrect. List of issues:1. ...
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Hey guys,
I am under contract for a property that has a bowed chimney. They put on a new roof 10 years ago and never touched the chimney. There is evidence of previous leaks around the chimney which has been patched...
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I am currently in closing on my first investment property and have to find homeowner's insurance. I am not really sure what coverage I should get on the property. What coverage do most people get? Does anyone have ...