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All Forum Posts by: Megan Helm

Megan Helm has started 12 posts and replied 35 times.

Post: Unexpected expense...

Megan HelmPosted
  • Investor
  • Mequon, WI
  • Posts 35
  • Votes 3

We had both a basement specialist and structural engineer to look at the problem. Bracing all three walls is overkill and probably not necessary - but needs to be done.  @Matt Devincenzo i do agree, home inspectors can only do so much. But I do believe a level was not even used the check the walls during the inspection (one wall is pretty obvious). The short of it is....the problem needs to get fixed. We are picking up the cost of the repair and the buyers are willing to continue with the contract. At this point we are happy the buyers want to continue as we are looking for the next project. I appreciate all your opinions and suggestions. This is why I LOVE bigger pockets!

Post: Unexpected expense...

Megan HelmPosted
  • Investor
  • Mequon, WI
  • Posts 35
  • Votes 3

Wanted to share the experience my husband and I went through on our last flip.  We purchased a two story flip home in Wisconsin. Had a home inspection performed (electrical and mold issues found).  House went on the market 3 months later.  We received three offers on the home.  After accepting the offer - the home inspection by the buyers was performed. The inspector found that 3 of the basement walls needed to be reinforced.  Nature of the beast or need a new home inspector??

Post: Property Management

Megan HelmPosted
  • Investor
  • Mequon, WI
  • Posts 35
  • Votes 3

Interested in purchasing rental properties outside of where we usually invest.  With that said, how many of you are managing your own properties or hiring out the work? Any recommendations in the Milwaukee area?

Post: We did it! We hit our investment goal!

Megan HelmPosted
  • Investor
  • Mequon, WI
  • Posts 35
  • Votes 3

Wow, that is impressive! Congrats! Thank you for sharing your story - makes me want to push harder to reach our goals. Thanks again!

Post: REO with $430 Delinquent Sewer Bill

Megan HelmPosted
  • Investor
  • Mequon, WI
  • Posts 35
  • Votes 3

I'm going through the same situation right now. The bank says we are responsible because we purchased the property "as is". The bill is for one quarter, property sat for 2 years.

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