Who do you guys use to verify the contractor work when rehabbing a project out of state? The contractor himself? Agent? Property manager? Any insight would be much appreciated.

Hey All,

After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.

My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...

Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...

Hi All,Can anyone recommend a  Multi-family Insurance Broker for my property in Florida? BTW here's a great article I found on what to look for in a policy.https://www.multihousingnews.com/post/multifamily-insurance-t...

I just closed on a property and insurance sent me notice they will be inspecting exterior within 30 days.
The roof had a few leaks and the previous owner repaired them with a lot of tar! I was trying to hold off a f...

First I want to say that I'm not a lender. The information in this post is based on research that I've done on Google and BiggerPockets to learn about the FHA 203(k) loan. Writing this out helped me internalize the in...

Hi Everyone,Do I need liability  insurance for my owner occupied 4 unit? Any insigh will be appreciated  as I'm scheduled to close Thursday?! The property  is not currently  held under LLC, but I do plan to set one up...

In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...

I have read posts and listened to the podcasts and they discuss the 1% rule which I understand is a rule of thumb. I see this small duplex (1 bed/1 bath each side) listed for 70k. It is rented out right now at $450 pe...

Hello BP Family.
It's been so long since I last posted! I'm here often reading though.
I've become intrigued with the somewhat new profession of real estate consulting. Selling your services a la carte and being value...