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Has anyone purchased a property that needed to be torn down and rebuilt? Pros & Cons from your experience would be appreciated!
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I want to add another tool to my belt for purchasing real estate and want to get an idea on how much it would cost to purchase a tear down and build new construction in my area? How can I get a good idea on how much i...
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I recently listened to an older podcast with Gabe Dasilva (episode 258). Gabe’s business model is to take tired Cape Cods, ranch homes, etc. and basically add a level to them to double the square footage. He also mo...
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I just bought a duplex (up/down) and the porches could use some repair/rebuilding. As a buy/hold investor, would you rebuild them or tear them down? It could be one less item to maintain/repair in the future, but the ...
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Hi Folks! New to BP out in Boston! Question. How do you determine if a property is worth tearing completely down or stripping it down to studs and bare bones? Possible condo conversion on a .49 acre lot, the house how...
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Hi, I have a lead that is most likely going to be a teardown property. What is the formula for wholesaling a teardown house and do I still minus the 30% discount for the investor? Is the Arv of the house taken into co...
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Howdy BPer's,My wife and I just finished hosting our first tenants in our MTR. Really nice folks, however there was some very minor areas of abuse that we noticed; missing sheet, pen stain on the comforter. How nit ...
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Hello everyone! Trying to understand the construction loan / rebuild process some more.
Some quick info -
- bought ~6,000 sq ft lot lot (has main house 3br 1bath, ~1200 sq feet, 1br 1 bath garage apartment current...
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Hello, I'm watching my first ever tenant move into my first ever basement suite right now and noticing a few items that makes me wonder about wear and tear in regards to hanging paintings or shelves. They asked me...
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Hi BP members,
How do you define damage and "wear and tear" when doing move-out inspections? Thanks in advance!