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Firstly, i want sure if this is the proper forum to ask this question.Also, please pardon my ignorance with regard to these topics, I've only purchased 1 home so far, and am trying to assist my wife and her father.My ...
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Hello everyone. What's the vetting process when choosing your lender? Any investor here found your lender on BP? Any negative experience working with one on BP? What should I be looking out for? Do you verify if t...
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I have bought and sold over 150 properties year to date in Memphis. I currently own 90 rental properties along with 6 commercial buildings here in Memphis. I also own the local REIA here, Mid-South Real Estate Inves...
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We purchased a 44 lot mobile home park a year ago. We have no park owned homes, all are owned by the residents and we collect lot rent only. Each home has an electrical service pole that consists of a meter, meter bo...
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Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
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Hi everyone!
I'm wondering about the logistics of providing single-room housing for military personnel. If anyone is involved in the military, I would love your insight into our idea or to hear from landlords doing ...
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Hello, all,
I have been watching some properties going into pre-foreclosure in my areas of interest. Some have a auction date set and some have already passed the auction date. They are just sitting there.
I'm jus...
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First foreclosure auction purchase from auction.com. If nobody is living in the property and it is full of random junk and garbage, are you allowed to clean it out and trash everything? Property has random stuff, like...
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I have a quad in South St Louis with a detached 4-bay garage. Parking is not included in tenants' contracts so it is available to rent on its own. It has 2 double doors and no inner walls so it is not secure for sto...
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I will check with my CPA as well, but am interested in BP members' best practices for setting up bank accounts for rentals. I am transitioning my rentals into LLCs and plan to have a separate bank account for each. I ...