Matthew Anderson
First Deal analysis help! Used the BP Rent Calculator
Here are the numbers I have running through the calculations. I would appreciate any analysis help or any tips on how I might have erred. I tried to be conservative.Purchase Price: $45,000.00Purchase Closing Costs: ...
Richard Reyes
Owner financing question - California
Hello just looking for some information if anyone can help... I’m buying a home from a family friend and she’s going to be “holding the note” she’s giving us a 3.1% interest rate and it’s gonna be a 30 year mortgage. ...
Cheryl C.
Questions on liability issues of using "handymen"
Hello BP Nation! I need some advice. I plan to hire some college kids for general labor on a farm we own. The work will involve use of chainsaws, tractor, ladders, etc. I am worried about what happens if one of th...
Jeff N.
DAPT Asset Protestion. What is it?
I regulary read a blog concerning financial planning and recently they were talking about RE asset protection via a DAPT.
http://bawldguy.com/last-minute-asset-protection-for-the-procrastinator/
Does anyone have any...
Jesse Turner
Group Purchasing Power for Properties
Hello! I'm searching for an insurance professional to discuss the concept of negotiating group purchasing property insurance for a discount (similar to what is done through health care via employers).Are there regulat...
Kamran Rahman
Converting house hacked rental into a proper rental
Hi all,I am posting about my first rental property that I have had for a couple years I want to plan my strategy for converting my current househacked rental, into a rental. Currently I live in one room, and rent out...
Aaron Roggensack
Mom & Son buy rental properties, need business structure advice
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...
David Ferguson
Starting a LLC for rental properties, Virginia
Hello!I’m planning on purchasing my first rental this year here around Richmond, VA. From everything I’ve heard it’s best to have it under an LLC to separate it from my personal finances. I also understand that some...
Phil Laundy
Burst water main advice
We have a duplex with two great tenants. 2 weeks ago both sides flooded due to broken water main in front yard. Of course it was my side of the meter so we paid about $2k to replace the entire run. Now the affected te...
William Stewart
Looking for a good insurance company
Hello BPI have a property in South Carolina with a double wide on it. It is a rental. I’m looking for a good insurance company that insures this type of property. Also was wondering if the insurance covers the home as...