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Hey BP,I recently finished rehabbing my first house hack and I plan on moving in very soon. The property is a duplex with 2 bedrooms and 1 bath on each side. I have inherited tenants in one side, and I will be getting...
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Thinking of turning my rentals over to property management company. The PM company requires me to add them to my homeowners insurance liability as co-insured. Is this a normal request?
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Currently, US residential homeowner equity is high, and foreclosure numbers are low. At the same time, there's a rise in unsecured consumer debt such as debt consolidation loans, credit cards, and retail accounts. I'm...
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Hi everyone,
I’m in the process of purchasing my first property, a two-family in Queens NY for 1.2 million. I’ve been cleared to close by the bank and currently waiting for the seller’s lawyer to return from vacatio...
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How do you know you’re the owner of real property? Your proof is a warranty deed.
A warranty deed is a written legal document that transfers legal and equitable title of real property from one person or entity to ano...
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I'm preparing for my first unit turnover and am trying to determine what is reasonable to deduct from the security deposit.
There are some fairly deep scratches in the hardwood floor but unless I want mismatching ar...
There are a few posts from a few years ago that suggest Youngstown is a high risk/high reward market for cash flow. It looks like population has been declining over many decades after the old industries died out (e.g,...
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I would appreciate some practical feedback on fixing and flipping REO properties. Any feedback would be greatly appreciated!
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Is it common, when dealing with private money lenders, to have an "Origination fee"? How do you know that it isn't a scam? Does anyone recommend a private money lender for a rookie to real estate investing? I curre...
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The house value is around $50k.
The amount of repairs are around $20-25k.
He owes $30k, but is up to date on the payments.
He recently bought a new house and will have to pick up both monthly payments by September....