Richard Hanner
HOA pay for leak damage?
I have a tenant whose condo suffered a major roof leak, which caused internal dry wall and related damage. The HOA says it only has to fix the leak and is not responsible for the interior repairs. The condo is in a Ho...
Amanda Sutherlin
What’s your magic emergency/oh crap/oops it’s broken fund per house?
$3K? $5K...$10K? How much per house do you set aside for an emergancy, evections, something broke?
Joshua Zdunich
Closed on my first BRRRR, Questions about financing
Hello everyone! I am new to BiggerPockets and Real Estate. This is my first post, so please forgive any newbie mistakes but feel free to give me constructive criticism. My prop story...
This is my first property. ...
Account Closed
Flat Rubber Roof Replacement questions
We have a building that has a pretty rough roof, One section has been patched and I'm thinking we need to just replace the thing. Will be getting pricing from vendors but thought id check with the community about any ...
Bob Stevens
80 unit commercial building, sell or keep
I just went to contract last week on an 80 unit (each unit has 3 -5 offices, used to be all doctors/dentist offices) in Euclid OH, rehab budget of 1 mill, should be a bit less. Net income about 450k on 750kish gross. ...
Karen Margrave
ARCHITECT OR DESIGNERS, YOUR HELP IS NEEDED
We are starting a fix/flip in Sunriver, OR. We had an idea of what we wanted to do on the exterior, but are rethinking. It currently has a roofline that comes all the way down to within a few feet of the ground on one...
Alana Reynolds
Live in Flip Project in Progress
Investment Info:
Single-family residence fix & flip investment in Northfield.
Purchase price: $180,000
Cash invested: $50,000
Currently my husband and I are fixing up this home while living in it...
Robert Walker
Purchasing a 6 unit bldg
HelloI'm currently in contract on a 6 unit bldg. The building was listed for 650k. The building was last sold in 2006 for 560k. My offer was accepted at 625k. After the inspection the results came back 20-40k in repa...
Travis Brown
Water Remediation Threatening Collections
Hello,This is my first time posting. I recently purchased my first four unit building in Hermosa Beach.Due to the rain back in January, we had a massive leak. I’ve dealt with water issues before including using water ...
Craig L.
Roofs
Roofs confuse me.
I know that issues with a roof can make or break a deal or turn a big profit into a loss, but I'm a bit lost in the roof lingo. When a listing claims "new roof" can this mean multiple things? And wh...