Ed O.
Strategies to increase profitability of rental properties
What proactive measures do you take to increase profitability on your rental units? Here's some things I have done recently:
1. Challenged tax assessments.
2. Hired a firm to handle the 2nd round of assessment chall...
Nitin Dhiman
Would you buy and hold rentals in or near TX 100 yr flood plain?
Hello experts,I'm looking at a couple of duplexes that look good on paper in terms of numbers and cashflow for a buy-and-hold rental investment, and are in a strong rental market. However, these units are right on the...
Jorge J Gonzalez
Investor in Grand Rapids MI that needs Insurance recommendation
Hi BP family,I have a single-family income property in Grand Rapids MI. I'm looking for a insurance company focused on income properties. Thanks in advancedJG
Tony Karns
Duplex Due Dilligence in TX
I am looking to buy a duplex in NE TX area in the next few months, due to work relocation. I would like to live almost rent free. I have done some of the preliminaries on this property, but it appears to me that I...
Neil Whitney
my new Fourplex LLC?
Hey everyone,My offer on a four plex was accepted yesterday, so I am super excited about the deal.I spoke to my mortgage broker and let her know that I wanted to do the mortgage in my soon to be created llc. She tells...
Vince Longobardo
First property deal analysis
Buying first property and wanting to do all the homework I can before I make an offer. Here's the deal:
-Historic home in central Florida.
-asking price $85k (short sale)
-25% down. 4.25%
-$2030 taxes
-$1709 insur...
Eric Nelson
How to shield my paid for personal residence
Hello, I have a question about shielding my personal residence. Quick background, I have a paid for house and my wife and I have saved enough cash on the side to get into the brrr game. Still very new and learning. I'...
Mark Andrews
Should your LLC be the Primary Insured or Additional Insured?
I have heard from numerous insurance agents that the way they would write policies for an LLC would be:-Primary Insured: Mortgage Holder (Individual's Name)-Additional Insured: LLC But if the LLC's name comes up on th...
Rowan Klecker
What is Your Process When Analyzing Deals?
What kind of process do you go through when analyzing deals?
I've been practicing by analyzing 1 deal per day and I have a very general grasp on all the factors that must be taken into account and the process, but I ...
Soumojit Sarkar
Hold on sell
I own a condo in BC but live in the US. I had issues with renting out the place earlier, and the current rent doesn't cover even the mortgage interest, let alone other expenses like property tax, insurance etc. The cu...