I am in Richmond and Hampton Roads va. Does anyone know how to get economical insurance for your flips? i know the insurer doesn't like vacant properties but rates are way too high. Thanks!
I'm remodeling 4 bungalows in the Palm Springs area, turning them into vacation rentals. We're going for a really modern look. High gloss white kitchen cabs, recycled glass or quartz countertops. I was goin...
My grandfather just passed away and my grandmother wont be able to stay in her home. They've had it for 50yrs and its something we dont want to lose. They have a mortgage on the place that equals the value of the home...
According to this Wall Street Journal article, lumber prices are finally dropping. Is this the beginning of a crash or are we going back to ”normal”? I would like to here your opinions. https://www.wsj.com/articles/lu...
I'm currently using American Modern for my policies (Colorado and Indiana). I have older homes (1913, 1920, 1940, etc.) and I've been told American Modern won't do a DP3 type policy on homes 80 years old or older.Ide...
I'm considering setting up SDIRA LLC for doing private lending. Seems like that's the best way to invest that while avoid UBIT.My IRA money is in a traditional IRA right now. I know the main decision factor between le...
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
I am close to completing the broker courses for Illinois, and so now I face the task of finding a place to hang my license. I was wondering if I could get the BP community's feedback on whether I should go with a trad...
Hello,I joined the site today and after reading the getting started materials I am taking the advice and asking a question to the user community.My wife and I applied for and received a “pre-approval” letter from a di...
(Let me know if this is the wrong place to ask.)What type of siding materials work best for multifamily buildings? Is it any different than for houses, or do the same rules apply?