All Forum Posts by: Brad Armel

I have neighbors who are renting but have been told need to move due to foreclosure. What is the best way to verify the foreclosure and contact the owner before it goes to auction? I am new to bigger pockets and real estate so any information on how to obtain foreclosure lists and approach owners, etc would be much appreciated. Thanks!

I recently inherited a house in Daytona beach that is 884sq ft, wooden frame, with a leaking roof, rotting wood frame and T1-11, the floors are sagging pretty dramatically as well. I initially thought I could reframe the foundation and rebuild up (walls, windows, doors, ceiling, roof) the more I analyze the project the more confused I get about the direction to go. Pour a slab, modular home, or just stick with the wood frame foundation idea? I know modular homes don't add any real long term value and our goal is to make this and rental property we can hold long term. This is our first rental property and being confident in a direction would make this whole process much easier. Any advise would be much appreciated. Thanks.

I recently inherited a old wood frame house that is in very bad shape in Daytona Beach. The roof is leaking, foundation is sagging, with very low ceilings, wood is rotting in certain sections, and the roof is flat. I initially thought I could reframe the floor then walls and then roof, but the more I analyze this job, the more confused get. This is my first property and really want to use this property for a rental and acquire more rentals in the future. I also briefly considered tearing it down and putting a modular home in its place, but I want this to be a asset and I'm aware modular homes don't really add any real value, so I'm not sure where to go from here. Any advise would be much appreciated. Thanks.