If I get a quote for a rehab from a contractor, they work the job, and then the job goes way over budget, what happens? Is the contractor responsible for some or all of the cost, or does it all fall on the investor? ...
Hello All,Got an inspection report on a turnkey property in the Mid-West. This will be managed remotely through property managers. Here are the significant issues list. Older home Pre 1950.1.Wood windows throughout th...
Hi,I am a still a small time investor and still work my W2 while I try to build a portfolio. I am currently running into an issue with some lenders which prevents me from acquiring financing. I own an investment prope...
Got a mechanical engineer staying in of my places. He's from Houston, originally from India. He gets a ride from co-workers to and from his place of employment. Before he came here, he asked about renting a vehicle...
Hello. I am about to start my first flip using hard money. The house was built in 1955. Any advice worth sharing? Thanks.
Would you recommend getting a full inspection of the house to ensure the bones are up to par?
I've heard differing opinions on whether or not to caulk under Hardiplank. I've heard a painter say not to do it bc it's only a cosmetic thing and doesn't actually prevent water from getting behind the boards. It al...
I am also thinking about a bank owned property in CT that claims freeze damage. It's a large house- 4000SF with 3.5 baths. I can see water damage in the drywall coming from the bath locations. I am assuming most if...
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...
I own a rental property that was built in the early 1900s, and am wondering if there is anything to be concerned about. Preferrably I'd like to hold it forever, but I'm unsure if there are any issues that may crop up ...
We have a 2nd floor 3bd /1ba unit in a duplex with subfloor damage due to a leaking toilet. The repair will likely take 7-10 days to allow time for dry out, during which time the bathroom will not be usable. Since i...