Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
Good Evening BP,I'll start with the expenses:Mortgage (principal and interest): $1426Insurance: $146Property Tax: $218Maintenance/Vacancy/CapEx: $326Total Expenses: $2116Currently I am living in one side and renting o...
Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...
Hi friends,
Ok so I'm a new investor, I've read most of the bigger pockets books and I'm working on all the podcasts. I'm curious what you would do In my situation.
I believe that there is money to be made in any m...
This is my first experience with this, and to be honest, I'm panicking. A former tenant that just vacated a property I own is suing for multiple items and a large amount of money. Mostly on items they're claiming we...
Anyone one else experiencing a decline in the quality with USAA Insurance?
Twice now I have been quoted a price based on a 30 minute discussion of property details only to have the rebuild cost go up 20% a month or t...
Alright BP and @Henry Clark. I could use some advice on how to lock this property down. I'll do my best to keep this succinct, but there are some topics that may need further explanation. Here's the scenario:
Motivat...
I got a deal on 2 (3 acre) lots (on lake Michigan) it is a few hundred feet from the lake, there isn't a direct line-of-sight with the lake, but the property does have deeded access to stairs that access a private bea...
Does anyone out there have a positive experience with a REI Mentor and/or Coach that they could recommend?I had a "Mentor" before that came with one of these programs that I spent a lot of money on, but to give this p...
Hello! I received a lovely piece of certified mail today from Tucson Police regarding our inherited tenant receiving a "Red Tag" on their door for a good 'ol, loud college party. I have no desire to evict this tenan...