Erin Feit
Wrapping taxes and insurance into mortgage or not?
Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...
Mary Jay
Should I go through my insurance or not?
My tenant in Florida notified me 3 weeks ago that there is mold on the ceiling. Contractor came and said the previous roofer did not install flashing and now it caused the stucco to crack and leak, which caused mold.A...
Account Closed
LLC vs Good Insurance For A Rental
For those of you who's primary residency became a rental and the mortgage is still in your personal name, what are your thoughts on transferring the property to an LLC vs just having good insurance in place? Ideally i...
Zhihan Wan
Negligence Issue With Tenant
Hello, our rental home had a/c unit drains into the p trap in one of the bathroom and clogged the sink in upstairs. The tenants were out for 24 hours and came back found it and the water had already flooded out to th...
Anna Sam
What is a good rule to decide if I should form a new entity for a new property purchase?
I have a few properties in one LLC and am in the process of purchasing an 8 unit also in it. Looking for other properties as well.
Just wondering what would be a good way to figure out if a new property needs a new e...
Ryan Walker
Lead, Asbestos, K&T, and bears oh my!
Hi BP!I'm a new investor in the Massachusetts area and I'm curious as to if any of you have experienced a similar situation as the one I am going through right now. I have noticed in my search for an investment proper...
Account Closed
Can I get a loan to buy properties at a auction?
Do I have to buy in cash if purchasing from a county auction? What type of loan could I get?
Andrew Dudun
To Fix or To Sell (or Both)
Hi Everyone,I am looking to see if anyone is able to offer any advice on my current situation. Any help would be greatly appreciated!I currently reside in Chicago and bought my first property, a duplex, in August 202...
Joshua D.
Insurance claims for roof and siding? how to deal with contractor
So we had a hail storm a couple weeks ago and my roofer called me and told me about it and said i should file claims which i have and he met with the adjusters at the properties and i guess is getting them all covered...
David Hodge
Estimating roof replacement by J Scott
I just started J Scott's book on Estimating Rehab Costs. I love how detailed it is!
Can someone help me understand a few things regarding how he calculates the cost of a new roof? On page 29 it says that Sheathing ...