Do some investors go without Texas Windstorm Roof Insurance on a small, 1 story house (1100sq ft)?Is this a sound strategy? It's almost $1000/yr with 2% deductible ($4k) with $200k value. A new roof is about $7-8K.
Hi all.
I am buying another home soon and it has lots of wallpaper in it. It is on almost every wall in the house. The home was built in 1910 and is 4500 sf feet. The good thing is that the 1700 sf basement is unfini...
Hi fellow BP friends,
Looking for advise on what to charge for a pet fee in our rental through VRBO. We don't normally accept pet's but after much thought and consideration of all risks we are making an exception f...
What are the pros and cons between a 506(b) and 506(c) offering from a sponsor's perspective?Which rule do you typically choose for your offering and what are the reasons you choose this rule?Thanks!
Hello everyone, I am going through a dilemma trying to figure out the best way to invest in real estate in B-class neighborhoods in the northern- New Jersey area. Choosing between an Appartment building (5-10 unites)...
My renter was given a 30 day notice per our rental agreement. The 30 days should of been July 16th. She claims she cannot move her things out because she has a high risk child who should not be out because of covid. I...
Hello all, I had repairs done in tenant's unit and they had a meltdown over damaged property. Tenant still seems to believe I am responsible for their personal items. (We've had a prior incident but tenant dropped it ...
I'm new to this great site & would like to ask some questions on my situations here:
Bought this home in March 2007 for $625K as a primary residential.
- Down =$62.5k (my money) + Second =$62.5k (same lender).
-...
Hi BP Community! I’m closing on a 3 unit in a few weeks and the property doesn’t have central air. I’m wondering what’s the easiest and most cost effective way to keep the units cool? My initial thought is to install ...
I have a rental with a couple on a month-to-month lease. The couple broke up and the woman moved out and now she wants to terminate the lease, but the guy wants to stay. Can one tenant terminate the lease for both te...