This wouldn't put me off. I would simply calculate the material and labour cost to remove the existing subfloor and to install a new one. Whatever this figure is I would want 2-3 times this figure reduced from the purchase price to compensate my time to sort the issues 👍🏼 Many investors run a mile when they come up against problems but in my view problems create more profitable opportunities as well as less competition 💪🏼
Yes indeed! The offer was revised and reduced although there was a lot of back and forth on that as the agents didn’t quite understand what was happening either! Thank you for watching and I’ll update in the next one
Love the video Kevin! Your thumbnails are also quite good this one especially! Cant wait to see how it goes, it'll look amazing once done i'm sure! :D
Very informative video Kelvin and thanks for sharing! I am sure this house will have great investment potential. Good luck with next steps!
Fingers crossed! Thanks Artem!
This wouldn't put me off. I would simply calculate the material and labour cost to remove the existing subfloor and to install a new one.
Whatever this figure is I would want 2-3 times this figure reduced from the purchase price to compensate my time to sort the issues 👍🏼
Many investors run a mile when they come up against problems but in my view problems create more profitable opportunities as well as less competition 💪🏼
Thanks Omer. Very much agree with the approach and this is a similar path to the one I took. Thanks for watching and more updates on the next video 👊🏿
Very nicely crafted response. I like your positive ‘can do’ (will do?) attitude ☺️
Nice one Kelvin
Didn’t you say you offered subject to survey?, so did you revise your offer post survey?
Yes indeed! The offer was revised and reduced although there was a lot of back and forth on that as the agents didn’t quite understand what was happening either! Thank you for watching and I’ll update in the next one