Jon Carter
Insurance companies not allowing students
Hello all,
I just purchased my third rental property this year, a 3 bed 2 bath half duplex, and called my usual insurance company for another policy. They told me that they wouldn't insure me if I was going to rent t...
Sol Romand
Recreational Marijuana Commercial Tenant in NJ?
Hi BP members!Anyone know anything about recreational marijuana dispensaries from a landlord concern? I own a vacant commercial medical office in South Jersey and was approached by a realtor to rent out to a dispensar...
Horace Mann
Not finding the rates being discussed on podcasts
I have been hearing that commercial apartment rates are in the 6.5% range from several podcasts recently. I am working on a 7 family and a 9 family deal, but all of my local lending contacts for commercial loans are...
Joseph S.
Cheaper Homes or Better Neighborhoods
My wife and I are new to the RE space and looking to purchase our first home. We live in Columbus, GA and are wanting to begin our journey locally. After performing a market analysis of the area we have determined tha...
Grant Med
Buying a 110 year old home w/ additional STR and LTR living areas
Hey everyone! My wife and I are moving to Louisiana and we have been
presented with an offer that we are seriously considering. The main home
in which we will be living in is 110 years old and has been beautifully...
Brandi Scharrer
Brrr + STR "Refinance" Question
When using the Brrr method and it comes time to refinance do you have to show any rental history of the property being rented? Is that something the lenders take into consideration? If so, how much?Found a property th...
Eugene Kemp
Builders insurance for Florida flippers?
Good Morning BP!I'm about to begin a project in Ormond Beach, FL, and the house will not pass muster for a normal homeowners policy at the moment. I'm told by an insurance agent that I need a "Builders Risk" policy t...
Michael Mudrey
Typical commercial terms?
Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
Nate T.
lease for Arizona group home
I have a potential tenant for a residential home in Mesa AZ who wants to use the rental property as a group home. I spoke with our landlord/tenant attorney, and he said it would need to be a commercial lease, since t...
Mara Altman
Hi from Southern California
Hi BP community,
Mara Altman here from Southern California! I've been a full-time investor for three years now, working with everything from single family fix-and-flips to large scale buy and holds. My curren...