Hi BP community,I have my first multifamily property under contract! It is a 56 unit property located in Ennis, TX. That said, I have a question regarding insurance, I received a proposal today and would like to run t...
What Really Constitutes a Maintenance Emergency?
Hello all,Recently my teammate and I (San Jose Earthquakes) have decided to go on a joint venture of BRRR houses in Kansas City. We have setup a team of people we trust to do the groundwork of closing deals as we cont...
Hello BP,From some podcasts, I have noticed investors putting a combined 5% a month towards repairs/cap-ex. I have been using 10% for cap-ex and 10% for repair separately, 15% if it's an older house. Am I way too hi...
Subject property is in Oakland and need representation from an attorney specializing in contracts and litigation. Sold a property less than a year ago that suffered damages in the most recent earthquake. Buyer wants m...
Hi all, I have a property in Atlanta that was successfully rented out to the same tenant for a couple of years with no major red flags -- good credit score and stable job. Unfortunately, last year the tenant failed to...
I dont think this requires alot of money to get started. I bought quite a few lots of land in October last year at a tax deed sale. Like Karen says having a home developed by an architect wont increase value. I bo...
Hi,
To cover additional personal liability, I am looking for an umbrella policy. All our properties are with Citizen, all are in Florida.
I would love to have an extra $1,000,000.
Any recommen...
I owe a condo that is now going to be rented. I have gotten quotes from a couple of companies. I'm wondering how much coverage is adequate.
One quote I've gotten has dwelling at $6K, after talking to the agent. While...
Hi all, I'm curious to know how much construction costs per square foot in San Mateo (94403) for basic construction. Many thanks!