NaTarrio Jones
Active Termites...Renegotiate or walk away?
Hi BP Community,I just got an accepted offer on a Duplex in a class C neighborhood. After accounting for vacancy, maintenance, capex, and property management I'm looking to cashflow around $415 per month with an 18% ...
Kelly Bankes
Real Estate in the Future.....
I read a couple of interesting articles this evening and thought I would share. It's interesting to think about the new real estate market trends, niches, and possibilities of the future. Even in the last few years ...
Richard W.
Looking for guidance on self insuring.
We own and run a mid size retail portfolio in Florida.Renewal rates for PL insurance have gone through the roof, at almost triple last year premiums for some of our properties.We decided to setup a captive to insure o...
Michael Sherwood
pet deposit
What is your policy on pet deposits? I am considering renting to a couple that has a dog and also works at an animal shelter ( so they might have an occasional additional animal) The place needs new carpets so I wa...
Ben Bakhshi
Should I expense tax and insurance escrow payments monthly?
This is a bookkeeping question.Every month we make a mortgage payment which includes: Principal, Interest, and Tax & Insurance.I split the payment in Quickbooks Online, so every month our mortgage goes down, plus ...
Jason Malabute
WE INFLUENCE PEOPLE AROUND US WITHOUT KNOWING IT
Before I got into real estate I was into self development. In self-development you learn to accept/love yourself, self-expression, and going for what you want in life.As a man with a disability and a minority in Ame...
Spiro Papa
Multifamily (Unit 4) for sale Columbus, Ohio
This my first investment in Columbus Ohio, its a property that I really DO NOT want to sell considering the money I put in. Additionally, I have great tenants. However, looking to sale the property, this will be a 10...
Nicholas Field
Take a look at this project I'm working on.
I'm building a duplex in my backyard of my single family. Feel free to just look at this and offer any feedback. The architect just sent this to me and it's the first draft. I'll have changes, but haven't presented th...
Tom Sanquist
Vacation rentals Minnesota
Looking for advice and referrals. I want to turn my lake home into a vacation rental. Looking for a good management company and also advice on the do's and don'ts of vacation rentals. Also what amenities bring the ...
Ronald G.
Subject to - insurance, taxes included in mortgage
If I do a subject-to for deed at closing, and insurance and taxes are included in the mortgage payment, does the owner cancel the insurance policy? And would this not affect the monthly payment?
I doubt the bank will...