First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrell...
Selling @ $500k
Lender providing $490k
Can the remaining $10k be carried by seller? Will brokerage allow?
If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a l...
Hi everyone,
I am currently looking for a mentor in multifamily investing. There is a couple of companies that provide mentoring such as RE Mentor, but of course, mentoring prices are not cheap. It is around 20K-30K ...
They are a company out of Pennsylvania that offers a "note fund" that consists of re-performing second liens that you participate in as a pool as opposed to individual notes. I am considering investing with them and ...
I’m new to bigger pockets. I’m moving to the US later this year. I own 3 rental properties in Ireland. I have no dept and around $150,000 in cash and another $80,000 worth of machinery. My plan is to go to the US with...
Hi:I am starting a new property management business in Southern Maine and I was wondering the going rate to manage properties. I am focusing my efforts on single-family homes. 1) How much do you charge for placing a...
I make sure to put in my lease that tenant pays all utilities, what would happen if they stopped paying? would I have to pay the utility company myself? If so, how can I work around this to where I would not have to m...
I have a life insurance question for the community. I'm looking to purchase an apartment building with a few investors. There would be a minimum amount of time I'd want everyone to keep this investment so I wanted to ...
I own a rental duplex in Michigan and my current Rental Dwelling insurance agent is State Farm. Considering the big rain and flood we had in Michigan 2014, I am considering to add flooding or Sewer Drain backup to pol...
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...