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Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
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We signed a contract to purchase our home from a builder who promised to have the product finished by July of last year. And it is still not finished yet. The builder and broker are very pushy, had us put down 10% ear...
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Hi, Does anyone have any knowledge or experience in purchasing properties where a majority of the tenants are under section 8 "low income assistance" where the government pays most of their rent? I am concerned with t...
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This is an appropriate time of the year for a post like this. How do you deal with frozen plumbing pipes in your STR?About 12 months ago I had 3 houses with a frozen main water line. There was no water coming from an...
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For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
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Here is Los Angeles I tried getting a few quotes and there are not many options it seems. State Farm does not offer short term/vacation rental policies. I got one quote from American Modern and it was on the steep end...
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What happened to the basic understanding of supply and demand? I didn’t grow up in a financially savvy household, but even as a kid I remember having a distinct awareness and understanding of supply and demand and it...
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Hi all,My family is purchasing a lake house as a vacation home, and I wanted to get your collective advice regarding whether and how to screen tenants. By way of background, my wife and I are working professionals an...
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Hi -I recently closed on a two unit which are ocupied. The inspection indicated that I need several repairs including the replacement of chimney liner and cap (est. cost/labor $1,000) and gutter guards (est. cost/lab...
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I'm purchasing my first property and am having a difficult time deciding how to craft the rental agreements for the inherited tenants. I am fortunate to have found a four unit in Milwaukee with three units occupied by...