Derek Okahashi
Mold throughout this flip
I am getting everything in line to purchase a flip that has mold throughout following a water leak that went undetected for an unknown amount of time (months...). I have quotes for remediation and the biggest cost is ...
Patricia Mendoza
Lead-based paint and asbestos disclosures.
Hello everyone. I’m very new to this landlording.I just finished doing a 70% remodel of a house that was built in 1947.I’m very excited because I have a tenant already and tonight while doing the lease it ask if there...
John H.
Commercial building on old gas station lot..avoid?
I'm looking at a small commercial building that sits on what used to be an old gas station. I'd like to bid on the property but I'm caution because of the old gas station. If contaminants were found years later, ...
Corey W.
Seeking advice for 2FAM rental
Good morning!After going under contract on a deal, it was revealed that the property needs much more work than anticipated. I just wanted to get BP's thoughts.2 Family Buy and HoldOffer was accepted at $270kSeller is ...
Jessica Garcia-Kohl
Seller did not disclose: can I get Good Faith Deposit Returned
Do I have a right to have my Good Faith Deposit returned? I lifted my contingencies on a purchase of a duplex. A few days later I spoke with property manager who revealed BOTH properties had leaky roofs and water dam...
Sheree H.
Flipping family properties?
A direct relative has two houses they're willing to sell me to wet my feet on. They are not investors; because of family situations, they ended up owning two houses, and now they're looking to move to another home tha...
Anthony Barbato
Looking for advice for ceiling repair
I acquired a new duplex back in March and just had the second tenant move in last week. When I purchased the property, there was a small amount of pervious water damage to the ceiling in the kitchen, directly under th...
Kerry Arm
Contractor Disturb Asbestos instead of encapsulating
Hello everyone and thanks in advance to all that take the time to respond to this post.
I bought a 2 unit house and took out a 203k loan to do a full rehab, home was built in 1917. The bank requirements stated that...
Kevin Park
[DC/First Multifamily Purchase] Does Inspection add value?
We are about to purchase a 7 unit multifamily property in Washington DC (our first investment) last renovated in 1964, but the property is clean and looks structurally sound. Our legal counsel recommended that we have...
Abi Carleigh
Newbie from Calgary, Alberta,
Hello Everyone, My name is Abi, I am from Calgary, Alberta, Canada. I am really excited to join the Forum, I have been working on my goal for real estate investment and I am ready to buy a first single family home res...