William Garcia
Central New Jersey - new to BP
Greetings all, and especially my NJ colleagues.I'm new to the RE Investor world and actively looking for our first rental income prop. My initial focus is Monmouth and Middlesex counties.I'm seeing some Single family ...
Peter Morgan
Insurance premium increased substantialy
Hello,My insurance company first threatened to cancel my home insurance if I don't install auto shut off valve within few weeks. Now after installing the auto-shut off valve they still have substantially increased my...
Marysue Connelly
how to avoid a lawsuit
HI, I am looking to move my rentals into a LLC. I would like to hear for anyone who has been sued. What worked and what would you do differently if you could?
Micah A.
Senior loan not escrowed at origination for taxes and insurance
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...
Brad Gibson
Ready to be a full time real estate investor but concerned about Health Insurance.
I feel that im ready to go full time as a real estate invester. I have rentals that are cash flowing well and doing ok as a realtor. Also in the process of looking for my first flip. The thing that is standing in my w...
Moe Sidd
NREIG (National Real Estate Insurance Group) Warning!
Hello everyone!Just wanted to share my experience with NREIG (National Real Estate Insurance Group) based in Kansas City, Missouri. This company has the poorest customer service you could imagine. I got a quote around...
Steve S.
Buying a rental that has a pool - Would you do it?
Part of the lease would be that the tenant pays the pool servicing. I have a property management company that would pass through this cost to a pool servicing company.1) would you take on this deal if the numbers wo...
Chris Webb
Insurance FYI for older 5+ unit homes
Hi BP, I wanted to share a situation I was able to overcome this week to prepare you if you are buying an older property (converted 4500 sqft home older than 1900). I had a local insurance company say they could insur...
Jeff S.
New retirement withdrawal rule could backfire in costly way
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
Sean Cupertino
Is it financially feasible to rent my house out? (Ft. Lauderdale)
I posted my introduction on another thread (http://www.biggerpockets.com/forums/55/topics/227341-new-from-south-florida-ft-lauderdale-b4-in-nj-union-county?page=1#p1506081) and thanks for all who replied. My employer ...