Andrew B.
Thought for Charitable Cause - Where to Start
Hey BP,
I'm trying to flush out an idea and looking for some help. Unfortunately there is some tragedy tied to it but trying to find a way to have an outsized impact.
As many of you may have seen, on Aug 5, 2020, th...
Larry Alexander
Is State Farm Ripping Me Off?
Colorado Home Single Family Homes1.) New construction SFH 2145 sq ft | 4 bd 3 baInsurance: 593.00 on a 359k home
2.) 2003 SFH 2048 sq ft " 4 bd 2 baInsurance: 799.00 on a 330k home
3.) 1993 SFH 2184 sq ft 4 bd 3 baI...
Donald DiBuono
How high should I insure a property for?
Purchased my first 2 Family home. One insurance agent advised me to insure up to the purchase price (216k). The other agent advised I insure up to 500k as the asset is already depreciated and, worse case scenario, you...
Greg P.
House blew up and foundation is left - Is this a deal?
Hello, today I was offered a piece of land where the house blew up and only the foundation is left. The ARV is $170-180 in the neighborhood. I'm able to pick this up at $7,000. How much does it typically cost to bu...
Casey Gilbert
Tax liability on total loss insurance payout
We lost our STR this spring due to a wildfire. Our insurance (replacement policy) has paid out the cost to rebuild which our mortgage company is holding. Every cent of this insurance payout will be going to rebuild th...
Jason Burbidge
Unsafe Pergola. if i demo, am i obligated to replace?
Property is in California - My tenants have expressed safety concerns with a free standing pergola in my rental backyard (not attached to the house). If I demo the pergola, am I obligated to replace or rebuild it for ...
Julio Gonzalez
What’s the most important thing you’ve learned over the past year
These past 12 months have shown us:
✅ We can’t predict the future.
✅ We can be nimble and flexible.
✅ We are resilient.
✅ Teams can work remotely.
✅ Real Estate can be toured and purchased virtually.
✅ Relations...
Tomas Chao
Uptown Charlotte,NC
Hello BP Charlotte.
I've come across a property in the Villa Heights neighborhood near uptown Charlotte 28205. I know that area is under transformation. I saw a property sell there for 226k for a 2/1 990sf on .40 ac...
Chris Ghemm
Where to begin search for the possibility of replacing an old home with a multi-unit?
My mom have a property that's been paid for. Due to her health and age we are considering to let her move in with us and convert her property into a rental. The house will need a major renovation or maybe a teardown ...
Brandon Lashmet
Rental Deal Analysis: Rochester New York 4-Plex
Hi all,
I would like to get your thoughts on some rental numbers:
Location: Rochester New York
Built: 1895 (recently remodeled roof, electric, appliances, windows, etc.)
Sale Price: $247,500
Property Tax: 8,300 p...