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I am now requiring all tenants to get renters insurance. I requested proof of insurance from a tenant and they gave me a policy number (no copy of the policy or anything). Do others require a copy of the actual policy...
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A CPA friend and I want to form a limited partnership. He has a great credit score and offers it for me to acquire an unsecured Line of Credit that I will use for earnest money deposit and soft costs associated with t...
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I’ve been looking into how to structure subject to deals so that I can use this strategy to get rental properties in my portfolio that can be leased out or a rent to own (whIchever Works better.) Can anyone here on BP...
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I have a deal that I think is a good deal. I have analyzed this deal already. 3br/2ba mobile home in Arizona, purchase price: $40,000, estimated repair cost:$0.00 (Home has already had all repairs done), ARV: $ (I did...
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I have about 35K in debt. My credit utilization is 48%. I have a personal loan with an original value of 14K that I'm three months from paying off. Was that personal Loan calculated in my Credit utilization. When ...
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Hey BP Folks,So I have been looking to invest in trust deeds for some time now, but there are still a few things that I am hoping to get clarity on before making the leap. The confusion I am getting is in relation to...
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I am using a hard money lender and just purchased a property from auction in Hull, MA. I am looking for a insurance company that is coat effective and works with fix and flip/construction property and liability insura...
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I'm just wondering how important macroeconomic events are in the real estate world and how much people take them into account. For example, China's rise in GPD and BRICS, debt-ceiling raised for another two years, inc...
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Yesterday I wrote a rather long-winded post which was understandably ignored. So here's the point of it in a smaller package:What do you do when your willpower slumps? When you think "I should really be doing X" but y...
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Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...