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I am considering making a cash purchase on a low priced home in wayne county with no agents involved and a motivated seller. I have started to research the steps of due diligence but am still fairly nervous. I was h...
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Hey BP family,
My wife and I are looking for someone interested in buying three ALF's (Assistant Living Facility) from a personal contact, so we can purchase the fourth.
The owner is willing to sell one to us but n...
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I have my RE wholesale business step up and now I'm wondering do I have to carry business insurance for this particular part of RE. If so what time of insurance is necessary. Thanks in advance...
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Hi there - I’ve had a few rental properties in my portfolio (2 SFH and 1 duplex) for a few years now and looking to begin scaling. These have all been under my personal name and as I’m going to be making some moves on...
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Hello all,
First off let me ask if you think I should have an umbrella policy...I currently own 2 rental properties as well as my primary residence, a total of 3 properties. I would estimate they have a total worth o...
Hello Everyone, New to the forum and glad to have found the wealth of information here on Bigger Pockets. I am not new to forums but, I have been unable to find a breakdown in laymen terms for my questions about being...
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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...
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Ok, I might have a deal tomorrow with a seller who has inherited property from a relative and sounds pretty eager to sell. There are other buyers interested so I will need to move fast but I want to make sure I do th...
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I leased my single family home in Colorado to three ladies. They signed a joint and several lease on Oct 1st. One person wants to move out before the lease ends citing differences with others. She is looking for a rep...
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Looking for a bit of guidance on how to get started in multi-family rentals. I'm targeting a 10-20 unit apartment building within the next year or two. I think $1mm-$2.5mm range would be a realistic purchase price. I ...