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All Forum Posts by: Bob Bergeron

Bob Bergeron has started 0 posts and replied 4 times.

can't scroll past the first page of recent forum posts

sorry messed up the quote thing

Because I always overthink things, what if we mixed this B-Corp/ Non profit with J Scotts mentorship program bought up a bad neighborhood while teaching some of us the ins and outs til completion could be a groups challenged kinda thing , a Biggerpockets Apprentice ( staring Bill Gulley as The Donald LOL) a little exposure for Biggerpockets, alittle generosity for a community a little sweat equity learning for someone like me , might be way out there but that's the way my mind works

Originally posted by Rick Bradd:
2) Since many properties in C/D neighborhoods are not profitable but if repaired would increase the value of the surrounding properties that are profitable, utilizing a privately funded B-Corp in combination with a for profit enterprise would, in theory anyway, be a damn good way to improve a neighborhood, house by house, block by block.

I guess you guys are right though... I'm just silly and naive. This will never work.

I am not a house flipper or renovator, so take this with a grain of salt, but I think this is a brilliant idea. I was looking at a 4-plex near my home and saw that there were probably 20 identical buildings on the same street, all looked identical except for paint, etc. I thought if I bought in this neighborhood there would be very little I could do to force appreciation, much less make it a better place for someone to live.

Without having the city or other owners cooperate the street would stay the same, at least for a while.

If you could buy one or more using a non profit, that may make it more attractive to the current owners to upgrade their own property, and then the private investor or new owner would have a way to get more appreciation on the property. It might also get the city on board to invest in the neighborhood.

Just my $.02.
Rick

andrew,
the mold on the back wall looks like a vent problem, but the ceiling stain
looks more like a leak from above with sagging paint on the wall above the shower head is there a bath above this one? if not and the sheetrock isn't
soft - scrape , spray bottle bleach , let dry ,skim with joint compound & paint bad areas with Zinzer B.I.N and paint with semi gloss ceiling fans only work
if they turn them on, semi helps repel the moisture

If the sheetrock is soft, rip it out and replace, the picture doesn't look like
it's serious enough to need that though.