Hi everybody,We recently bought an single family residence in California. The property has 4B3B, including a 3B2B primary house and an attched 1B1B in law unit. We currently occupy 2 rooms in the primary house, rent o...
Good morning,I hope to be closing a cash deal in the next few days. We hope to rehab and get delayed financing. Should I take the insurance before closing right? (Pretty obvious I guess, but since bank is not requirin...
I am a new flipper in the Vancouver area. I am curious if anyone has thoughts on the current climate and how it will affect flipping. What are all of your opinions on any additional risks investing with this issue aff...
I have a potential tennant who has informed me that in the past she has made extra money by running a daycare business out of the home she is renting. She wants to run the daycare business out of the home she rents f...
I recently started calling banks to explore all of my options when financing a rental property. When talking to a loan officer at a local bank and explaining what I would be doing with the property and she said that I...
I am a newbie in the Houston market. I have a degree in Mechanical Engineering and have managed projects. My goal is to rehab and sell. I understand the need to use licensed/insured tradesmen for electrical, HVAC, ...
Is anyone familiar with the rules of renting a basment in Jersey City, NJ? I currently have a duplex and looking to turn the basement into a rental. Just looking for some advice on if its worth it to convert the basem...
Hello,What would be the best way to shield one's investment properties from OUTSIDE liabilities? For example: Someone decides to sue me because I injured them during a flag football game (this is completely fictitiou...
Hi BP,How do you property managers handle renter's insurance? Do you manage the policy and charge the tenant? Do you just put in a clause for it and hope for the best after the first verification? What are my optio...
Hi BPAwesome day today, just got word from my PM that my OOS tenant stabbed her partner. Plus no rent. Talk amongst yourselves. Oh and of course any thoughts or anecdotes are always appreciated. Because there is alway...