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Do you have an opinion on leveraging an existing property(s). Example - my first property is a 3000 square foot building that sits on a half acre lot in downtown with a zero balance. I'm considering pulling some of th...
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Hello everyone! I'm working on a deal and need some advice. Here are the details:Her husband bought it in 2006 for $470k. He passed away shortly after and she's been running it ever since. She's now in her 80s and she...
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Hello BP, This is my first post to BP and very excited to join the community!My partner and I are funded, open-minded and excited to get started. This is our first deal and we are trying to analyze the property and wo...
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trying to finalize some numbers on a property I am bidding on. Just a quick question on closing cost. We are going to pay cash for the property and wanted to know what the typical closing cost should be. Do we have...
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I am looking around for insurance companies that offer insurance for an old apartment building (30 Units). The 2 buildings were built in 1920. I currently have Indiana Farmers, and the rates were inline last year with...
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I listened to a podcast the other day and unfortunately I can't remember the gentleman's name or podcast number..ugh. I have been knocking a few off each day. He was talking about retirement and that we should not con...
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This was my first investment property. I bought it in January last year at auction for $3500 but it needed a lot of work and had severe termite damage. I camped out in the property off and on for 4 months getting it ...
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Hello BP members,Would like to get some advice. My family owns an apartment building in Las Vegas and we’d made some water damage / flood claims to the insurance company. It’s been incredibly difficult to get the comp...
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After reading several post on the subject I'm still a little confused, please help.When buying property's from web base auction houses like HUBZU, they offer to split closing cost and they purchase title insurance for...
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Hey BP! I’m right in the middle of my refinance of my first BRRRR property but I ran into an issue. My investment property is a 4-unit in Michigan that was appraised at $69,000 which was much lower than I had expect...