I'm an active REI at Gavin Royce Homes and I personally use this strategy. It has been a game-changer for acquiring more deals as well. Would you like to take advantage of an opportunity that creates Generational Weal...
A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
How or what type of insurance do you get for a Fix & flip?
Hi BP Community,This year in June I purchased my first buy and hold property - a duplex. I know that it is important to have cash reserves set aside for unexpected issues that may arise with the property. However, sho...
Hello all,
I am in the process of closing out on my first property which is an 11 unit property in FL, and am currently shopping around for insurance coverage on the properties. The mix consists on one 8 unit buildin...
Hi All,I need some advice. I was about to close on a buy and hold property and I had a hunch that something was too good to be true. There was nothing to worry about disclosed on the MLS, nor were there any permits ...
I’m beyond frustrated. I bought a house in 2022 and my broker helped find an insurer. Closing went well and I had no reason to believe I wasn’t insured until… my mortgage company a year later said they couldn’t find m...
Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain. We have until noon tomorrow to get a quote on flood insurance and withdraw our offer if we wish. Even if the r...
Okay,Admittedly, I don't hang out in every corner of the BP-verse, but from what I can tell, there's a very under-discussed topic, that we need to be talking more about.Maximizing cash flow on currently owned properti...
Hi!I am looking at real estate investing to reduce my tax liability and generate passive income. I have a 401K plan which I have been maxing out annually. My company matches 4% of the first 6% contributed. I have use...