Stephen Loguidice
I'm only looking at Cash on Cash - am I being stupid on this one?
I currently have a deal under contract for a buy and hold 2-fam in Island Park NY (for those of you unfamiliar it's in Nassau county Long Island) House prices are high here so hitting something like Brandon's 2% rul...
Wesley Thompson
Maryland Mobile Home Park Acquisition
I'm looking at a small MHP, 6-Units, in Maryland. It will be my fist MHP and commercial property. It's a small market about 30 minutes away from a small city in MD. pp=$305,000
4 of the 6 units are occupied at $850/m...
Michael G.
Advice Needed! Residential Tenant w/ a Daycare = Insurance Headache! Help!
Hello Bigger Pockets Real Estate Aficionados... Got a nice juicy one for you here... Hoping someone with better knowledge/experience than me will be able to help out and advise...
SCENARIO
We just rece...
Robert Chen
Burst pipe within 3 months of purchase
Recently I purchased a 4 family multi in Providence, RI and I have been listening to Biggerpockets podcasts and reading people's stories like I am addicted. The property I purchased was at a good price because if the ...
Alpha Diawara
Setting up an LLC
Hi All,My name is Alpha,I live right outside of Philadelphia PA (Suburb) area and just getting started in the real estate industry. When is the best time to set up an LLC or if there is any other entities better and...
Joe Windsor
Renters insurance Needed?
My wife and I are new Duplex owners and put in our contract that they need to have renters insurance (just because that’s what we’ve had when we rented). We had pushback from it because “they’ve never had renters insu...
Kevin Abrams
How do Mortgage Payments work after Quit Claim Deed?
I am in the process of a refi at the moment. Currently the property is in my name, after the refi I was planning to quit claim deed into my LLC's name. What I am unsure of is how the accounting on that will work. I ha...
Yannes Chiang
Lawsuit - personal injury claim on felling on common area
Hi everyone,In need of some help/advise. I got a letter from a law firm from FL asking me to provide the insurance policies details pursuant to FL Statute 627.4137. The claimant/plaintiff E claimed she fell on the com...
Greg Virgin
Property Management - Charging insurance or Owner for disaster management
I manage a residential single family property for an owner. Last week a very large tree fell on the home causing significant damage to the structure and forcing the tenant to be relocated temporarily while the insuran...
Kevin Burton
seller wont do deal unless
I have a seller telling me that he wont do the deal unless he gives a quit claim deed only. He said it was because he wanted to avoid capital gains tax. Is there a way to get around that with a general warranty deed i...