Sun Kim
rental with non-functional pool
I am buying a primary residence, and in 2 or 3 years, converting to a rental. The current owner bought the house with a pool and has not used it in 20 years. The cost of the repair is$27K and don't want a pool eithe...
Mike Calabrese
Checklist for Property Issues Before Putting in Offer
Does anyone have any good resources for an initial screening list of things to check for structurally or other issues a home inspector should find?The reason I ask is I have had 2 separate offers accepted only to fail...
Jacqueline McCray
My 1st Rehab Project
Hello all,
I'm new to real estate investing.
Recently, I found this 3br and 2bath home that has fire damage upstairs. The family never repaired the damage. I was able to negotiate to get the house for $10,000. Th...
April Eilers
Scenario Advice in Northern Virginia
Hi! I have a scenario that I think is a no-brainer, but want to get your advice to make sure I am not missing anything. I own a house in Northern Virginia (Annandale) and have 200k in equity. I'm moving out of the are...
Adrien C.
How can I help this seller- if even possible?
A very motivated seller reached out to me. He has a rental property which was primary residence but has rented out since was upside down. Current comps put him in the 95-100% LTV (bummer since owned house 10yrs). I ha...
Cameron K.
25K quote to rebuild brick parapet wall!!
We found out we need to rebuild a parapet wall on a 4 plex in Denver. We've done a few masonry repairs before but nothing like this. The house next door is close so we have to use the roof of the homeowner next door. ...
Reginald Vickers
New From Mountains of North Carolina
Hi all, I have spent my entire life in human services and social work and to be honest I really don't have anything to show for it except to know that I have made a difference in the lives of many people. I am in my 5...
Gabe K.
Lender insurance claim question
Hi Fellow Note Investors,I have a note on a house where a wall caved in and I filed an insurance claim (in process). However, we are at the end of the foreclosure and the house is going to sheriff's sale very soon. ...
Hank Sacco
First one done
Just closed the sale on my first flip. I made about 9% C on C so ending up on the plus side was good but things could have been better. I self funded this project so carrying costs for taxes, insurance, utilities an...
Joseph Molander
Rural House Filipping?
I just found what looks like an amazing deal. The problem is its about two hours away. Also it's in a very rural area. What are some things I should be looking for when flipping a house in an area that doesn't have...