Hi all, I'm working on my first deal, a buy and hold off Algonquin. We knew going in it had mold in the crawl space and got a remediation quote before making our offer. As a matter of course we're getting three quotes...
A lesson I have learned as an appraiser. I recently appraised a home that was built in 2021. It had a crawl space with no vents. The block walls were sealed with a product similar to B-Dry, like you would normally fi...
We wholesaled a small multi-family deal to one of our buyers. The property had a sewer line damage and an insurance claim that had since settled. Seller provided us with an asbestos report which showed that 6 samples ...
Curious to learn about other investors that see the US as a playing ground for real estate. More specific....... I believe, like the stock market, real estate is similar. In RE we have value buys and every city a...
Here is a fun project. The property was receiving a tremendous amount of water. Adjacent north and south properties downspouts were draining into the 34" crawlspace with dirt floor. We addressed water issues, poured ...
Hi BP! I am under contract on a property that has numbers potentially good enough for a brrr. We are under contract at 300k and ARV is 430 bast on very similar comps in neighborhood. I had a budget of 30k rehab to do ...
My crawlspace is constantly flooding from heavy rain. From what I've been told, the soil in the region (Kansas City) soaks up water, which is how its getting in crawl space. A foundation/water proofing guy told me the...
Last winter we had substantial rainfall. It took 4 mos. before i could get a roofer to the property and it just got worse and worse. I even had some partial ceiling collapse in one unit. I've since installed two new r...
Hello, Louisville KY is looking to start enforcing lead pint testing on rentals. I only have 2 rentals but one of those was built in 1956. I have no knowledge of lead paint ever being used but just curious because o...
Hi BP!
I recently looked at a 1950's home, and during our inspection it came to light that a material called "Cemesto" was used for the (flat) roofing structure.
While the roof seems to be structurally sound, in res...