Bottomline, it's shark infested waters out there!

Investment Info:

Industrial commercial investment investment.

Purchase price: $110,000

Cash invested: $2,000,000

399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space ...

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

During the renovation, I faced several challenges due to the home’s age and hidden damages, including ruptured plumbing, termite infestation, rotted wood, and lack of insulation.

The biggest problem was that the home was infested with insects and rodents.

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Rat infestations.

We have inherited apartments with grow labs, felons, roach infestations... almost anything that you can think of.

Unless there is an infestation caused by the condition of the home, this is a tenant responsibility just like swatting a fly.

My parents had a tenant bring in bed bug infested furniture they found on a curbside.