I own a condominium in the Olde Kensington neighborhood of Philadelphia, PA. The insurance policy I have on it is the HO6 policy. This will be my first rental and want to make sure I've got all of my insurance in plac...
So i am looking to form an LLC soon to invest in rental properties. Based on the research I have been doing I have decided to start off buying properties in my name and starting a property management LLC to manage the...
I recently entered into a contract with a roofer through my PM company and I have some concerns. I have yet to receive the contract (received the estimate) for which Ij paid half ($4500) to start the job, though I hav...
Hello BP world! I have been considering writing an article on this topic for some time, so here goes. Full disclosure: I am an active real estate investor who has performed various flips and I own some rental propert...
I bought a new house in Durham for me and it will be ready in October. I’ve lived in my current home (Raleigh) since 2018 and I’m hoping to keep it, but have several questions. My mortgage is $1400 and the house shoul...
So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
Hello awesome BPs.I in the process of planning to rent the rooms of the townhouse, 3BR 2.5Bath with basement. This is in montgomery MD. I wanted to know if there are any legal things I need to know regarding how many ...
HEY BP!!!I need your help! I am looking into getting Business Liability Insurance for my flipping company which is under a LLC. I need suggestions on companies, rates, what type of coverage I need, and anything else ...
Hi guys!My wife and I have a home under contract with a turnkey provider. This was a full remodel with new roof, all new mechanicals, complete bathroom gut. As part of the rehab a new bathroom was added. Turns out tha...
We have a 90000+ square foot flat roof industrial building. The roof itself is not in great shape. There are walls between the sections of the roof which are probable causes of some leaks. We are considering to put on...