I purchased a 5 unit, mixed use property, 3 storefronts, 2 residential, 6 car detached garage. It’s solid brick construction, 2 story, 3975 sqft, bought for 85k. my quote for insurance was 11k/yr, which seems very hig...
Link to News SourceSo by suspending the mortgage insurance, he has effectively taken away the FHA loan since that's a major reason why lenders would accept a low down payment. Am I hopefully wrong in thinking this? Fu...
I'm getting mixed info on this so hopefully someone did this already can help me out here:When you have real wind and hail damage o the roof and you successfully get it replaced through your insurance. Can your insura...
I have a single family home that I'm currently renting for $795/month. Tenants are moving out at the end of August and I'm considering marketing this as a lease option as well as a rental next time. I read "Buy Low, R...
I am looking for ways to decrease my expenses. I am considering increasing my deductible for my Landlord insurance on a duplex. Currently it is $1000. Is this about average for other landlords? What do other rental pr...
Hello from Richmond, VA! I have been a long-time BP listener, and am in the middle of switching careers - I've received my Real Estate Salesperson license and will be starting full-time next month. I'll be joining a t...
Running into insurance quote Issues and need help. I JV’d an 8 unit deal with someone who has other apartments, mixed used buildings and a business under another LLC. This is my first deal. We created a separate LLC f...
I belong to a clubhouse gym that wealthy people belong to. The cost of the membership is absurd compared to a regular gym membership and the only reason why I'm paying for this membership is to meet high net worth ind...
I own a property I would like to sell as an owner financed home. Are there any guidelines on how to determine the value of the house for these kind of transactions. I've read that some owners will charge slightly more...
One of my tenants is requesting a three month extension to the lease so that he and his family have some time to buy a house.I would prefer not to do this, but as a landlord, I do want to consider the needs of my tena...