Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...
Hi all, I've been off the site for a bit, getting my brick and mortar business up and running and now back to get started on my 2017 real estate goals. However, I'm running in to a little snag....I need a GOOD virt...
I have a SFH rental in Rockford IL and I issued a 30 notice to my tenants last month. That 30 days ends this month - Aug 31. They need a couple extra weeks to finalize their new housing which I am willing to do on a p...
Contractor CONTRACT? Just curious what type of contracts do you have/use with your contractor? I’m looking to put together a general one for my LLC.. curious to know what are the most common terms y’all include 🙂
I got my approval letter from ASC today and it says the following:
"If closing agent has any knowledge of any sale or transfer of property within 30 days of this transaction, closing agent must immediately notify len...
Do all investors use the “and or assign” in their purchasing contracts? As an investor I think having this clause in the purchasing agreement gives you the extra strategy to assign your rights of buying to another inv...
Hello BP,I have my first wholesale deal under contract in South Jersey for 19k. Repairs are in the 35-45k range. ARV estimate is in the 110-125k range. The issue is that the current owner of the property has 13k i...
We received a message from a tenant who lives in a shared apartment letting us know that their roommate used a racial slur and that it made them uncomfortable. The slur was not directed at them, I believe it was simpl...
I'm just starting to rent my house out. I selected a tenant with an excellent background check. I presented her my rental agreement, which says in part:"All personal property on premises shall be and remain at tenan...
Hello community! My name is Allyssa, I'm 23, and I have no money to invest. Can't wait to get started! My boyfriend and I have been doing our research on REI for a little bit now. I've played with the idea of flipping...