Danae Pitcher
Protect Yourself - Please Get An Umbrella Liability Policy
STR Owners and potential STR owners - Here's a little advice. When getting insurance for your STR's, strongly consider getting the additional $1,000,000 liability umbrella coverage. It doesn't add a lot more to the ...
Bruce Cook
Current rent is $1700 below market each month, what to do?
Hi, I am new to bigger pockets. I caught the bug two weeks ago and have watched about 50 videos lol. I have a rental condo worth about 550 payment is 1000 per month HOA dues are 150 per month currently rented at 2000...
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Default balance vs list price
I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...
Ron Kelley
Best way to deal with an Underwater Mortgage
Hello everyone,
I am new to BP and the world of note investing, I've read loads of postings here on BP (which is just mind blowing the level of knowledge/experience) and have loads more to go which just wets ...
Kristina Modares
Cracked Foundation
Hi everyone!I own a rental home in Mableton, Georgia and I recently received a letter from my insurance company that said "foundation has cracking/missing foundation. Debris under screened porch" and that I have one m...
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
Angie Hills
Licensing as Realtor or Appraiser beneficial
My husband and I are working on some capital to get back into REI (he already has experience) and we were talking about getting Market Value's & COMPS from Realtor's. He said - it may be worth one of us getting l...
David R.
Inherited tenant at will
Hi All,I have been under the impression that, when a property with existing tenants is sold in the state of Massachusetts (and elsewhere in the country, but I am looking for information specifically regarding MA), any...
Carl Henriksen
License required to enter a JV on notes?
Hi all,Went to an investor's meeting in my town and the organizer invests in performing and non-performing notes. He says the typical length of time in a note is 6-12 months, and sometimes longer if he needs to forecl...