Hello fellow investors,
I have found a property in the Bronx that was advertised as a 3-family but the seller is claiming that it is zoned as a 2-family. In addition when I checked the town records it is showing as a...
Hello BP members,I am considering placing my rental property into an LLC for liability protection and dropping my umbrella insurance due to a spike in the rates and the fact that we don't own an automobile. As I am l...
Should I become my own Real Estate agent if I am rehabbing house does anyone know the pros and cons?
Hello, BP!Question regarding BRRRR financing.Has anyone been successful using a Hard Money Lender or any short term financing? Obviously cash is king, but I'm curious if anyone has had the same amount of success using...
What sort of insurance coverage should I carry on our rent house? The appraised value of the house is $54,500. Our current insurance is charging us $1,053 for the year and it covers $119,000 for the dwelling and $119,...
Hi every one!
I was wondering, how do you analyze a SFR so it can make sense for both exit strategies, to fix & flip or a rental. What are your formulas?
I've been analyzing some properties for fix & flip ...
I recently received an email from the management company that manages the coop building where I owe 1 rental unit telling me that in order to renew the lease with my tenant I would have to pay a 'renewal fee' of $250....
Hello,
I am writing on behalf of a friend whose father passed a week ago. He was very introverted and the death revealed that he was a hoarder (of books thankfully not like cats or food) and lived in a very under-car...
I used the search but I could not find an answer.
Question: If I have a seller that has a house he wants to sell....
The house has a mortgage balance of $200,000 he is paying on.
The seller agrees...
I’m looking to start investing in Tampa, FL. BP seemed like a great place to expand my network and hear from others experience so I can make a more educated decision for my first property. Anything helps!