Buyer has examined the Premises and is relying solely upon such examination with respect to the condition, character and size of the land, improvements and fixtures, if any, constituting the Premises.At Buyer's own cost and expense, Buyer shall obtain and maintain in full force and effect at all times during the continuance of this Contract: (a) comprehensive liability insurance for bodily injury or death to any person or persons, and property damage insurance, in such amounts as Seller reasonably deems necessary; and (b) fire and extended coverage insurance in an amount sufficient to prevent Seller from being a co-insured under said policy of insurance, but in no event less than the unpaid balance due under this Contract.Seller and Buyer shall both be named as insured parties in the insurance policies required above, as their interests appear, Buyer shall furnish Seller with memorandum copies of such insurance policies upon Seller's execution of this Contract.

Flipping is, however, considered a trade or business activity and not a passive income stream such as rental income, interest, dividends or royalties.  

Im interested in buying some rental properties to add some cash flow to the business cause as you know in new construction you have to wait till the property is finished and sold till you make any cash.I am also a real estate agent by trade so if you have any questions regarding anything real estate related i can usually help or point you to someone who can

It can be a great way to get results for your retirement savings if executed properly.

Recently I have been torn with my decision on execution and I'd like to hear what BP has to say.I currently don't own any properties and I am looking to purchase a multi-family unit so that I can get my first property, rent it out and start building equity.I have heard from multiple friends about how the market is on peak and I should probably wait to purchase a property.What opinions do you guys have with this topic?

I have joined BiggerPockets to share my commitment and expertise with the BiggerPockets community by offering professional guidance and advice in areas including real estate deals and transactions, business development, and project management strategies to improve outcomes, budget management and customer solutions.As someone who has personally experienced, solved problems and developed projects in the areas of real estate development involving engineering, architecture, construction I welcome conversations in these areas as well as those below: Areas of interest include: pro forma development, technical due diligence, strategy and company growth; development, deals and transactions; portfolio development & management; leasing; construction, engineering and architecture in project design and technical operations.Real Estate, Construction and A/E, project manager, Real Estate Investor with more than twenty years of integrating business, engineering , architectural expertise and real estate development, construction management experience in designing, managing and investing in more than $126.5 million of commercial and multi-family properties and over $100 million in private and municipal projects encompassing design/build, structural, electrical, mechanical/civil engineering and architectural services, construction management, real estate investments, due diligence, pro forma development and financing.

I currently reside in Boston doing sales in the e-commerce sector and have decided to take the plunge into real estate investing ever since I had the pleasure of reading "Rich Dad Poor Dad".

E.

The longer your history of completing successful projects, the stronger your deals, the better your plans and the better you get at executing your plans, the more exit strategies you master, and the more of your own funds you are willing to commit to your project, the more likely you will find a lender to partner with at favorable terms.

thankspictures didn't want to attach - don't know why.so go there and you will see before and after pictures in the albums for 819 E. 4th Street #4www.Facebook.com/nadinelajoie.realestateinvestor