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The other day I heard a guy talking about captive insurance companies. Basically that is a company that insures the company it is owned by. So for an Example:You own 10 rental homes that cost you $600/year to insure...
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Hi everyone,I have a pretty rookie question here. But how do you know if an addition is permitted or not?If not, how do you go about that situation? What exactly does it mean? What things should I be concerned about? ...
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I am looking to bid on an REO. Its listed as a 4/3 but that's because the garage was converted into a bedroom. However, every single house on the block as a 2 car garage. And this added bedroom is weird anyway. First ...
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Hello BP, Currently I am reading J Scott's the book on flipping houses and I am learning allot! I am working with a local realtor and am formulating my criteria of what I am looking for with her. My question is this, ...
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Hi BP people,Here's a question that I think we could all benefit to learn from. What legitimate issues have you brought up during the due diligence period of a multi-family acquisition that resulted in a credit or dis...
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Hello BP!
I am hoping to get an idea of what landlords in the Madison, WI market are paying for snow removal and salting. Do you salt every visit or restrict that to only certain times/times?
I am currently paying r...
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There is a property I'm looking at that is zoned as a legal duplex but has a third unit they are calling a mother-in-law suite. If this has an outside entrance, can I legally rent it out? Curious if anyone has investe...
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A family member of mine is in the market for a small MF in the Atlanta area; Smyrna / Cobb County in particular.He/she (The Buyer) found a duplex, made an offer, it was accepted and when the inspection came along, it ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $94,000
Cash invested: $23,000
This is a SFH that is older, but in a popular area of the city. Seller originally h...
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Hey BP fam! I'm Tom. I'm 23 years old living in the city of brotherly love. I've had a position in management consulting at a Big 4 firm for a year and a half and have been renting during this time. My current lease i...