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I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
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I am a seasoned investor/RE Broker from NJ. Retiring to this area. Can anyone tell me the current investing environment?Thank youJIm l.
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I’m looking to file an LLC but not sure where to file or the benefits are to one state over another.I’m located in NJ but my partner is located in PA. Our first project will be in NJ but we may venture into PA at some...
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Hey everyone. I'm lining up hazard insurance for my first rental and I wanted to put some details up and get some opinions on if I missed anything.
Rental Details:
SFH - Purchase Price $49,900
3BR - 2 Levels - $1358...
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We are ready to borrow from private lenders who have agreed to work with us. We need a contract to borrow the money and to lay out the terms of the loans. Is there a template on BP? I looked but did not find one. Or w...
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What are some red flags you’ve noticed when hiring contractors? What are some of the nasty games they’ve played with you?Based on a few bad experiences, here are some that give me pause, especially when there are more...
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OK, not really sure of the question to ask here.We are on day 3 of our option period and i am trying to get insurance quotes done for this rental house i am planning to fix up and rent (SFR). Now i own a primary resi...
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Hi - I am closing on my first rental property. It is a buy and hold single family home that will be rented out to tenants. Is there a specific type of coverage I need to have or any specifics that need to be in my cov...
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We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
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Hello,this is my first post here and I hope somebody in the same situation can help me with an answer or an advice.We had water damage in a rental property, opened a claim with insurance and I am dealing with this nig...