I am an insurance broker who represents RE investors across the country.  A common question that I get is, "Why am I buying water backup coverage if I have a flood policy?"  The answer is relatively simple: they cover...

Question: I'm an agent trying to deal with an owner on a small commercial prop says once a buyer signs LOI they can get any relevant leases do their due diligence as well as do their inspection before going to contrac...

I just bought a duplex 3 weeks ago and have been at the property rehabbing the vacant lower unit. I was outside installing gutter screens and noticed a torn window screen and a slightly open window in the common area....

Hey BP,I’m closing on a triplex in Akron soon, our first multi-family, and was wondering how utilities for shared/common areas were handled. I’m sure for commercial apartments, there is a separate electrical box paid ...

We are looking at a loan on a 7 unit apartment building including a house on the property. The bank is saying that a five year resetting rate on the mortgage is normal. Is this true? Also they are saying there is a pr...

If anyone has experience with owning just one side of a duplex I'd love to hear about it. I'm curious how common items such as the roof, siding, etc are taking care of?

Thanks

It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...

I currently have my first deal under contract (duplex w/ 8 bedrooms and 4 bathrooms). I will living on the first floor (bedroom 1 and 2) and renting the other 6 bedrooms by the room. Does anyone have any experience wi...

I have been searching around for a couple months in attempt to find my first rental property to buy, and have found a foreclosure that I think has a lot of potential. However, the listing says:"Water and heating syste...

Have a house closing under a single member LLC selling for $145,500.  We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000.  We are gettin...