What to look for when taking insurance for a 6 unit property?

I have a relative who is looking to 1031 out of their first rental.  I have been thinking of creating a new LLC that would they could “contribute” to as part of their 1031 and combine that with my investment $$ and in...

Hi guys,Why would an investor hope to get a deal on a short sale?I understand that the debt may be more than the market price. So the bank would approve a sale at market price. But what good is it for an investor to b...

I have a friend, going through a divorce, and wants to sell the house because it is underwater, with a mortgage and second mortgage that are approximately $50,000 less than current market value, plus about $20,000 nee...

I'm a newbie looking at my first single family, and I have this question. Looking at a foreclosure for sale by the bank (listed with an agent) I can see this on Zillow: "The lender, US BANK TRUST, assumed this propert...

I get a feeling that my local insurance agents always take advantage of my ignorance. How do I choose the best coverage? I'm a developer and majority of the work is either gut renovations or new constructions.

Hi BP,I am purchasing my first rental home in Madison Heights, MI and was hoping to gain some knowledge on insurance policies.The purchase price of the house is 115K and I will owe 75% (86K) to the mortgage company. T...

How much insurance coverage would you recommend? Purchase price 37,500Rehab 45,000Arv 150,000The quote I received has dweling protection coverage of $425,000 and the policy is $6,000is that right? Thanks 

Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...

Hey BP,One of the things i came across while reading Brandon Turners- the book on rental property investing- says “analyze 60 houses a month, make offers on 6, have 1 agreed upon”. Not sure how this process works. If ...