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So we have some rental properties that we have on a commercial insurance policy. We have started doing some flipping and our insurance company isn't exactly excited about us having contractors coming in and our plan....
I've ordered title work on a property I'll be doing a double close on. Upon speaking to a potential buyer about title work already being conducted, he mentioned that he would have to order title work too. If he's usin...
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My business partner and I have gotten the ball rolling on our REI business and since I still have a W-2 job with good insurance I feel very happy with the long-term plan. His trouble is that he is a contractor by trad...
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Hello, I'm in the stage of figuring out where my money is going. When I hear people say, "Live off 50% of your income, invest/save the rest" how would I calculate that amount? I know the difference between GROSS and ...
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Hey everyone I do not do residential anymore. A family member is buying a house with 10% down. Their parents are giving 5% down but because it's a conventional loan they are putting down 5%. Conventional only allow...
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Hi BP members,I have a question in regards to the investment property and having insurance and warranties on them? I have the normal insurance policy on my investment property as well as a basic warranty policy on th...
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Hi BP!I'm a new investor in the Massachusetts area and I'm curious as to if any of you have experienced a similar situation as the one I am going through right now. I have noticed in my search for an investment proper...
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Hello Everyone,I have $100,000 available for downpayment. I live in Abbotsford, BC, and looking to get a house in Calgary.The goal is to have a positive cash flow of around $500-$1000 every month. Looking for a house ...
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We have moved out of our 3bdr 2 bath house and now I would like to rent it. We left all of the furniture so it is ready to go. Unfortunately, my HOA does not permit STR. Lease minimum is 6 months. It is a 3 year old h...
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Anyone had any luck to go after business interruption insurance for the loss of rents due to Coronavirus shutdowns?