Shannon Curtis
Currently Reviewing Insurance Policies - Umbrella Policy?
I am reviewing all my insurance policies. I have 5 multi families (2-4 units each). What is everyones thoughts on umbrella coverage? I don't want to cheap out on coverage obviously, but don't want to pay an astrono...
Angela Kriv
Buying from the owner what to look for. First transaction!
Hello, once again I am here looking for help and wisdom of fellow REI.Seller (it is FSBO property) sent me a contract. Couple things:1. Closing is 10 days from today, is it customary in such transactions?2. The seller...
Mycah Healey
Restrictive STR Ordinances
For those of you that are in markets with less than favorable ordinances for short term rentals, The Greater Las Vegas Short Term Rental Association is an organization that is leading the charge in a lawsuit against ...
Shamar Seaforth
San diego condo/apartment HOA fees
Im currently reaearching into landlording in the downtown san diego condo/apartment market and was wondering what was the best option to handle the HOA’s. Is it standard to include it in the rent or for the labdlord (...
Charlene McNamara
Natural gas prices in Cleveland
Looking to put in an offer to purchase a unit in Cleveland. Looks like utilities are not split so owner would have to pay. Can anyone give me a ball park range for what those costs might be in winter? It would be 2 up...
Eric Hathway
Land Lease question. Please help.
I'm viewing a 3BR property tomorrow (dirt cheap at $65k) which is being sold as just the house- the land will be leased. The land lease is set at $500 a month for the next 5 years and there is a 10% cap on any increas...
Connor Stark
Texas Insurance Crisis! How do you respond?
Hi BP Community,It's been a minute! I have been working diligently on building up my real estate business. My partners and I went full cycle on a 27-unit in Phoenix, exchanged into a 92-unit in San Antonio. We are app...
James Barnes
HELOC- How to structure deals.
Whats up everyone, I'm closing on my HELOC on Friday. Depending on the property of course, I potentially have enough to fund an entire project from start to finish. My question is ...should I? I understand my HELOC is...
Thuy Pham-Satrappe
Separate bank accounts for each flip LLC?
For those of you who open a separate LLC for each flip property, do you open a separate bank account for each as well? If so, do you close the account after the property has been sold? Do you open credit lines or anyt...
Dan Selleck
Advice for running an out of state self storage facility
Just recently sold our home and thinking about getting into self storage. The only problem is we live in a *very* expensive part of the country, so our only option would be to purchase and manage a facility out of sta...