Mario F.
pulling permits - should I go by the book? Or go for lower cost?
Hello, I've recently purchased a fourplex in inglewood and am about to start demo on one of the units. I've come to find that there is asbestos and lead in thsi unit so the cost of rehab has just gone up considerably...
William Hochstedler
Are there any medical studies on trace amounts of Meth?
Personally, of all problems that a property might have, meth contamination, even when remediated scares me the most. I'm finding more and more flippers and wholesalers who are pretty cavalier about remediated propert...
Diana B.
Contractor disappeared, won't answer calls
I am starting to rehab properties in Michigan state but live in another state, so I work from a distance. I have already rehabbed one property and it is rented out, but I tried another contractor for this second house...
Vincent Z.
Any pitfalls of buying homes that are 100+ years old?
In my area (New England), the majority of houses, (multi families in particular) are over 100 years old. If I am planning on buying and holding long term, what are some of the pitfalls of buying these extremely old ho...
Wayne Yahnke
1st AirBNB with BRRRR ADU is a hit
Hey BP Crew,
Just wanted to share our most recent success. We purchased a commercial property that was a residential home converted to 2 commercial units and an ADU. Essentially a duplex with an ADU. Closed in May 20...
Rick Barker
Radon System
First post! Whoo Hooo
I am in process of selling my first flip in an area with a lot of distressed houses. During the inspections they found high radon readings that I am mitigating.
...
David Hanson
Key due diligence steps you take before closing on an investment property?
Before closing on an investment property, I undertake several crucial due diligence steps to ensure I make an informed decision. These steps include:
-Property Inspection: Engaging a qualified inspector to thoroughly...
Dustin Palls
Found a Fannie property I want, possible"Meth Lab"
I found a great deal on a Fannie Mae property. I am concerned because both neighbors mentioned "there were lots of drugs done in there" when I visited the property. All of which is speculation, so I decided to contact...
Rich Somers
I have a 5 unit under contract and have inspection questions!
So I currently have a 5 unit Multi family under contract in Louisville, Ky with a 21 day inspection contingency period. The building is over 100 years old, seems to have somewhat updated plumbing & electrical and...
Daniel Bataller
Insurance Claim (State Farm)
Hi,
Does anyone have any experience with their insurance company not covering domestic animal damage (not pets but dogs that found their way in) and cleanup of toxic drug fumes?
My insurance provider is not willin...