Alyse Oz
Just bought a dilapidated Multifamily in philly - first steps?
The property is RM-1 multifamily. The house is in really bad shape, it has been vacant for a long time and has no kitchen or anything - also part of it has no floor. The lot is huge 5000 sq feet but 2300 has been bu...
Penny Myers
Private Mortgage Insurance
We are owner financing the sale of one of our rental properties. We would like to require the buyer to have mortgage insurance. Any recommendations or referrals to companies that offer such a product?
Luz Pagan
Handy Man and Workers Compensation
Hi BP Friends,Does anyone know if a workers compensation insurance is needed when hiring a handy man to help. I am in the State of FL. Thank you,
Xavier G.
Special Warranty Deed & Foreclosures, what to look for?
I am looking at a property in Texas that is in Foreclosure from a reverse mortgage company. The previous owner was a hoarder and my research seems to show that he was foreclosed on because of past due taxes (on top of...
Jake Durell
Do all 2 unit condo master policies require an insurer
My wife and I own one unit of a 2 unit building which we are living in. For whatever reason, we have an HOA for the building. The other owner own rents the upstairs.
When I started inquiring about coverage for STR in...
Michael Karl
snow removal for a multifamily
Looking for a little input on snow removal from a multifamily property. I am in the Buffalo NY area. I purchased a 3 unit rental property back in September and all 3 units have existing tenants in place from the pre...
Lauren Schultz
Knob & Tube and landlord property insurance
Hi All!Newbie here - learned a very valuable lesson on my first property (actually a few, but that's another story). Recently purchased a home in Jennings, MO. Purchased as-is with the goal of long term hold and minim...
Travis Daudelin
Renting to an in home health care agency?
Hi all! I got an unsual response to a listing of mine today:Good morning, We are home health care agency, and we want to rent the house to care for disabled or elderly clients that are unable to care for themselves 4 ...
Michael Plante
Anyone sell flips with owner finance?
I have 7 properties and they will all be ready at approx the same timeThey are all doublewides on 2 - 10 acres.Prices 150K to 300KThinking of selling with owner finance as I just don't want the headaches of renting.Lo...
Mark Buskuhl
Arson at Rental House
A SFR rental I have was the victim of a small arson fire. Porch was set on fire, burnt some siding, railing and caused a window to shatter. Suspects not identified yet. It is tenant occupied and tenant was home at the...