Brett Kash
Seller Covering Closing Costs
Hi Everyone!Probably a bit of a newbie question here but I'm curious as to how common it is that sellers are willing to cover closing costs. I'm well aware that it happens and I'm sure there's no true "norm" to speak ...
Brian Ellwood
Little Rock Investors - Are Vacancy Rates A Concern?
Looking to buy some single family rentals in LR. I see the vacancy rate is 11% according to this website:https://www.deptofnumbers.com/...Wondering if this is accurate and if any investor out there can shed some light...
Mike Girenko
Landlord insurance price
Hello all, I am paying $426 / year for a 500 sq ft 1-bdrm condo in Aurora, CO. The coverage is $40,000 for condo unit and $500,000 for liability. Does this price seem reasonable? I could not find a better price, but s...
Benjamin Qiu
How hard is it to get financing when market turns?
Greetings,With market being so high and reasonable rate currently, if/when market turns, will rate go down since the economy needs a boost, or will it go up and become difficult to get financing?We currently have enou...
Felipe Carrillo
Insurance companies for wrap around sales (sub 2 underlying lien)
Hi all,Wanted to see if anyone has recommendations for insurance companies that know how to do insurance policies for properties that have been bought "subject to the underlying lien" and have been sold "owner finance...
Catherine Brennan
Seeking contractor/handyman for Chicago investment property
Hi BP Community - we're closing on a SFH next Monday and we're looking for a reliable, reasonably-priced contractor (who isn't :-) to get this property into rentable shape. Specific location is Portage Park. We'd l...
Tony Schwartz
Property Valuation Analysis
Happy Monday!Say, I have a potential client that has asked me to value a 7 unit apartment building. I have all the income and expenses. Does anyone have a "program" or formula to use to establish a reasonable list pri...
Allen Omar
Investment duplex in Gainesville Florida
Hello BP friends,Im looking at several properties in the Gainesville area but before I make a final decision, I wanted to reach out and see if there are any BP investors in this area who could recommend a specific zip...
Angela Morris
Pigeon Forge STR - Hold, Sell, or Cash-Out Refi?
I would like some advice on whether to hold, sell or cash-out refi my first STR. I purchased it in June 2020 for $599K. It is on track to produce $160K in 12 months (almost there!). While I love the cash flow and woul...
Brandt Baize
Buying a property with tenants
I am looking at some properties, a lot of which already have tenants in them month to month or on a year lease. Would you buy properties now with tenants in them? If yes what do you ask from the seller to provide. if...