A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy.  A mi...

Hey everyone. I'll try to shorten this as much as possible. I rent out two bedrooms in my home. When JR moved in he didn't have to share a bathroom and was paying 525/mnth with everything included except gas & ele...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000

Cash invested: $25,000

Sale price: $222,500

Moderate rehab with mostly cosmetic items including tile f...

Good Evening Pro Members - I'm following the suggestions provided by David Green in his BRRRR book by buying/viewing distressed properties however, the question remains. How distressed is too distressed. As I view dis...

Hello I have a question regarding a lease.I have 3 people currently on a lease that is up in August. (6 months left) One of these people wants to move out (as her relationship with one of the others has ended).I don...

I had a tenant contact me and tell me that they need a bigger place to live in and ask if I would write a letter of recommendation for them to move. They signed a 12 month lease and have only been there for 4 months....

Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...

I recently posted an ad about a vacancy available in one of my units. I have had many people interested in the property but have all asked if It is section 8 approved. What do I need to know about section 8? Is It wor...

I inherited a tenant that was playing loud music at all hours of the night and having friends over where they would have weird screaming parties (drugs maybe?) Anyway, I send him a 30-day notice to leave the premises ...

Hello BPers,I'm brand new to the forum, and just began seriously considering real estate as an income stream during COVID when I was at home and bored.  A friend of mine introduced me to wholesaling, and I've begun re...