HiI pulled the trigger, a couple of months ago, on a 2000 sq ft building in a very busy road frontage location in Ocean Isle Beach, NC. We have no mortgage on the building, as we flipped a large waterfront home for th...
Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
So I am currently working to close on my first Duplex and called for property insurance. The insurance company recommended that the renters get renters insurance, and that it should be on the lease. I'm not sure if th...
A great asset often overlooked is the ground floor condo of a midsize building on main street usaHere are the benefits:They are generally small in size They can be used as office or retailEasy to rent Around the clock...
Hey Team!New to the game and have my first flip under contract. I'm in need of an insurance policy while holding the property- my team is using hard money. I expect the time between close and sale to be 3-4 months. An...
Hey BP,
Long time reader first time poster! (Wish it were a more positive topic)
My parents own a rental property in Freezego, I mean Fargo. Today they were notified by the property manager that a pipe has Frozen ...
I'm interested in a 2 unit property on the MLS. I tell my agent and he sent over the leases. The leases indicate there is a no pet policy but in the MLS photos, a dog food bowl and bucket a water can be seen in the la...
I have 4-unit property that has a spare room we rent out as an office. The current tenant is a videographer and doesn't have any visiting clients (minimal liability). A new prospective tenant, a therapist, would have ...
First time poster, long time researcher/reader. I just had a GC repair all the rotten wood on our exterior trim and now need to hire a painter to scrape and paint the exterior trim. 42 windows, so big job. We own a...
Morning BP,To make a long story short I just spoke with my lender about acceptable transfers on my mortgage and they have determined that a deed transfer to an LLC is an “unacceptable transfer”.From your (the communit...