Steven Podlecki
BP Calculators + few questions from a newbie
A very quick intro into what I'm getting myself into (feel free to comment on this too!):I'm going to focus on BRRRR and grow my rental properties, which will hopefully lead to financial independence and long-term wea...
Cynthia B.
Sinkhole endorsement (florida) impossible to get almost!
Hello all.I've been having trouble trying to add sinkhole endorsement to any landlord insurance policy. I can't be the only one experiencing this ?I would just like to add it for peace of mind, but they all require an...
Jacob Stewart
Timber Land and how does it work? North Idaho
BP!
I'm curious on how this system works and would like to see if anyone has any insight? I live in North Idaho and we have a lot of timber land. I've heard of people buying land and letting the companies harvest som...
Ben M.
Ideal age of a rental property home.
Hello, what is usually an ideal age of a house to buy for rental property? Is there a certain number of years to avoid due to possibly hidden problems in foundation, plumping, etc...? Thank you
Luiz Souza
Rental formula/safety net
What kind of reserve would you guys suggest to have it on stand by when buying rental properties. Is there a particular amount or formula to be adapted?
Thank you
L.Souza
Earl Cohen
Medium Term Insurance Rentals
Does anyone have any experience with renting to Corporate Relocation companies who provide temporary housing solutions for insurance clients who have been displaced from their homes due to claims? Does anyone have any...
Melissa N.
Replace water heaters?
Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...
Rick Stanton
Denied insurance claim
Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
Jon Mason
Advice on HELOC Terms - good deal or not?
My wife and I are researching using a portion of the equity we have in our house to purchase a SFR. I spoke with a commercial lender yesterday who quoted me on a HELOC and I'm questioning some of the terms and whether...
Zack Thiesen
Hyperinflation and Mortgages?
Hypothetical question (that definitely has nothing to do with current world situation..):If for some reason $1 became worth $500 would I then be able to pay off my 30yr fixed rate mortgage with a week's pay?