Mike Flora
Owner Financing with tax auction problem
Wondering the process with this and what the solutions and outcomes could be. Not sure about nationwide but here in California if you don't pay property taxes for five years the home goes to tax auction for sale and I...
Tina Tsysh
Additional Damage Insurance for STR / MTR
Hey BP Community. For those who operate STR / MTR, do you have any additional damage insurance outside of what's offered through Airbnb? If yes, what provider do you use? Any insights are appreciated (:
Jason Cobb
Lesson Learned-Slow water leak in wall: Damage...Extensive.
So, brand new plumbing just prior to putting property into service in Nov, 2012,. Slow leak developed at reducing coupler and gone unnoticed in wall between bath and kitchen. Fast Forward to December 2014. Tenant re...
Jared Orme
Best insurance to use?
Hey all, I am wondering what the best type policy and best company to use would be for flipping houses? Basically, the intention is for my job foreman partner to increase the amounts of work that he will be doing incl...
Pawan Kumar
Cost Plus Contract- Construction to Perm Loan
Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...
Robert Sims
Need to Insure my Tax Deed House in Birmingham, Alabama!
I need recommendations for an Insurance Company to cover my Tax Deed House. I'm going to keep it as a rental home. Central Park/Belview Heights area. Thanks!
Venslaus Arokiaraj
Buying properties under LLC
Hi - I’m planning to buy few investment properties this year. I know my DTI ratio will be impacted if I buy it under my personal name. I’m thinking about setting an LLC and purchasing properties under it. But my lende...
Mike Kooser
eviction letter
In MD they require an eviction notice sent 14 days prior and a notice on the door 7 days prior. I just tracked the notice from the Postal service and they left a notice to come get the letter and its still sitting th...
Ryan Smith
Deed Type and Title Search
I have a question and wanted to see if someone more knowledgable than myself can provide me with some advice.I have found a property I am interested in purchasing. There are currently 4 years worth of taxes due on th...
Julie Verardi
When to form an LLC?
Hi, I currently have two properties in Jersey City that I rent out and am working on getting my third. When would be a good time to start an LLC and switch the other two properties over? I currently have umbrella insu...