Good evening BPers,Help/ Advise needed :) Today we have run across a fire/ smoke damaged property, it’s off market, the owner has got paid by insurance company, he is asking ~195K, the ARV ~400K. it’s a very nice 2 ...
Hello! I need an advice from an investors community. We had a really cold winter. One day the maintainance guy came at the property and discovered standing water in the basement. Then he discovered lots of bursted pip...
My ground floor tenant had minor water damage after Ida ripped through NY on September 1st. He's asking me to compensate him for the cost of a couple of furniture pieces. My question is; who is responsible to pay for ...
Hello BP Family! My intro sounds cheery but it’s not at all cherry. My husband closed on our house in March. A fixer upper that needed cosmetic updates (or so we thought). We’ve ripped up the carpet in the living room...
My insurance broker and I are not seeing eye-to-eye lately. I own about 15 duplexes and I've always felt like I paid a little too much on insurance because I always paid more than anyone else I knew. I never really th...
Good Morning BPers,I am going to check out a multi-family today with my real estate agent the MLS description stated one of the units had "some" fire damage. I know it is difficult to ask without having seen the prope...
Hello all,
I'm a new investor looking for my first BRRRR deal. I've found something that I think could work but am struggling to estimate the rehab costs. This property was seriously damaged by a fire, but the bones ...
I have a question. Here is our problem. We have an older couple that has a daughter and two grand kids. They have been here for only 4 months.
1-Got a call from our neighbor and said he watched the grand kids kick t...
Recently a neighbor recorded a video of our roof shingles of our rental property blowing up and cleverly put it to music during a wind storm. We know we are due for a new roof and had it on the schedule for next yea...
Hey everyone, while looking for a deal I came across a property that is a 3 unit 9 bedroom 6 bathroom with a 3 car garage. There was a fire in the first floor unit and went all the way to the roof with a hole in it. T...