Hello everyone ! I sent in the paperwork to form my LLC. My question is regarding the insurance on the property. What type of insurance are you putting on your (in my case) Two Family -do I need an umbrella policy ? I...
Hi
All, I'm flipping a condo in Cook County and recently
discovered that the GC I've hired and paid more than 80% balance of labor has
not paid the subcontractors. I have receipts and bank statements to
substantia...
Hello BP,So I made my first deal a few months ago which is a single family I will house hack. There’s a finished basement that I will live in. I made a mistake and accepted tenants upstairs that I shouldn’t have accep...
We received our first call from our Deal Machine campaign!!!! After a little over a month of mailing to a very small specific group of duplexes and 4-plexes we received our first phone call. The call itself, slightly ...
I wanted to see if anyone's property management software provides the option to run a Profit & Loss/Income Statement that shows the breakout from Potential Gross Income to Effective Gross Income, including vacancy...
I am looking at a Mobil Home Park and could use some help evaluating it as well as understanding what I am getting into. Basics: 34 acres, 52 lots. 27 lots are owned by tenants who pay a site rental fee. 10 units are...
Hello,
I recently introduced myself on the new member forum. I'm really glad to be here. But it's been information overload for me. I'm reading multiple books, listening to BP podcasts (amazing information there!), an...
I'm very interested in obtaining some hard money in the near future, but I'm unsure of something. I have a question in regards to show #9 with @Ann Bellamy, when she says that included in your presentation to obtain a...
I am in the sale phase of a flip. I’ve had 17 showings but zero offers after seven weeks on the MLS. I have a potential offer but the buyer wants an FHA loan with only 3.5% down. Problem with that is the propert...
This might get interesting.