Alfred Litton
Why not ACV instead of RCV homeowner's insurance?
Just a question to elicit opinions. If as an investor, I would NOT choose to rebuild if something catastrophic (tornado, fire, etc) happened to one of my properties, why not carry ACV instead of RCV insurance. If my...
Sam Zawatsky
Is any LLC really worth it or even necessary?
I am currently looking to do my first BRRRR deal, and I noticed that a lot of Hard Money Lenders will only lend to an LLC or other business entity. Upon realizing this, I began researching and have learned that it can...
Rebecca Tye
Creative Financing for 12 Multi Unit Purchase
Hi everyone! I am an investor in Ontario, Canada with experience in small multis; however I am interested in scaling up to a 6-12 Unit. I typically use the BRRRR method and I secure properties personally through conve...
Vee Vu
How should I structure a joint venture with GC?
Hi everyone, I'm planning on doing my first flip, and I don't know much about renovation. I found a good GC with great references. He agreed to help me out if we split the profit (70% to me, 30% to him). I will put my...
Damir Kamber
Partnering with a hard money lender
Greetings all,I was approached few days ago by a hard money lender for an opportunity to partner on a deal. He is lending money to a buyer (real estate agent) and wants me to put up half of the funds. I have never don...
Mike Kelley
Market techniques
We are a small scale investor who wants to begin to generate leads coming back to us.We are looking at direct mail, i.e. list source and Google key words.Our main objective to marketing is to generate a successful lea...
Hugo Castellanos
Analysis Paralysis or Analysis Reality?!
Thanks for reading, and I would appreciate your opinion on the following:I have been reading and trying to make the best out of my understanding of multi-family units, but every time I come accross something I like an...
Matthew Lessard
Questions from a Connecticut newbie
Im new to bp and the realestate game. I have two questions.1: when looking at fully rented multifamily units is it common practice to ask the owner for the existing tenants payment history? 2: when listing a property ...
Dmitry Semenov
Going to foreclosure
Hi all,I have a 1st position loan secured by property (non-owner occupied rental, WA state). This property also has 2nd lien, brokered by the same broker. I'd like to keep relationship with the broker, so I also don't...
Sharad Bagri
should we get home warranty
Hi BP,
Is it advisable to get a home warranty for older rental property (built around the 1940s) ?
Any recommendations in Ohio?