I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...

Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...

Hey BP Folks,So I am in the process of acquiring my first rental property, and was hoping to get some input on the below questions.  I will be using an FHA loan to purchase a 3 unit property, where I will be living in...

- Should I keep the whole security deposit if they have violations in the lease and continue late rent?

I'm discussing the purchase of eight properties with a retired owner. He sold a couple of his last year and one of his biggest concerns is not paying more taxes.  He also wants around 180 k to pay off existing debt an...

Hi all!  I purchased and renovated a house with a separate legal mother/daughter apartment that I am preparing to Airbnb here in Central NJ. I wanted to find out from those of you who are house hacking; do uou have se...

My house was attached to another house, which caught fire due to the owner's negligence (most likely, unconfirmed at the moment). I'm going through the motions with insurance, and a restoration company already. I thin...

For a single family property, do you require your renters to have their own insurance in addition to the home owner insurance already in place?

Hey everyone.I'm in the middle of a house-hacking purchase and I'm stumped on the Insurance question.Do I insure the whole house with a homeowners policy? Do I make tenants have renters insurance? Does everyone having...

So I have a 19303/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Anyway- last year had to dig up the sewer line in basement as there was a cracked line. Made the ...