If you own your properties within a LLC is it prudent to also have umbrella insurance for each individual property? I've found obtaining umbrella insurance as a business (LLC) to be cumbersome and was wondering if...
Hello, I am new to the forum, and am interested in focusing on a niche market, renovating older buildings using green building techniques. I'd like to hold on to the properties and rent, but think I might need to sel...
I bought a property with tenants in place on month to month lease as lease had long expired. One tenant has 2 dogs I never saw when I toured the place and there is no pet addendum on the old leases that I was given. M...
We went to an auction today and left with the winning bid of $50K!1900 ft² 3br 2 1/2baths, family room & office in basement, 1 car garage, built in 1964, but upgraded over the years. Originally built as a parsonag...
Hello all - I need some advice on a deal I'm working on, I welcome any suggestions.
ARV $250k
1st $82k
2nd $52k
repairs $10k
The home owner is one month behind on his payments. With the 2nd in a vunerable positio...
This happened by complete accident. Once I got it stopped and I knew it was going to close, I had to share this with you..... I have a home in downtown Orlando that I was going to let go to sale because I couldn't fin...
My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
Good Morning BP! I am listing an apartment for rent and want to include heat which is oil and I am in New England. What is a good programmable thermostat that can't be tampered with? Any advice would be helpful.
Hello BP Community! As many of you know, I created a blog for one of our recent flips in South Los Angeles with weekly updates. That flip was very successful as we completed the rehab in 11 weeks, had multiple offers ...
City Commissioner Chloe Eudaly plans to unveil her idea requiring that multifamily owners provide the City of Portland 90 days notice before sale. As the Portland Mercury reports, she wants to give renters a 60-day op...