John Chapman
Shopping for insurance policies
I have 8 rental properties with Liberty Mutual. I also have my home, three auto's and an umbrella policy. All of my properties are in Pullman, Washington. I began with them about 3-4 years ago. Every year my pol...
Mary Jay
Refi till you die to renew depreciation?
Hi guys,1) Do I understand it correctly that if I owned a property for 27.5 years and cant claim depreciation on that property anymore, If I refinance, I can start claiming depreciation again? Or2) If I sell this pro...
Jakea Jacobs
Wholesaling real estate in Houston
I have a question….have anyone ever signed up for the Jerry Norton 10k challenge? If so is it legit ?,and Did you do a deal with him?
David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Steven Nguyen
House hacking in San Diego, turn a sfh into a “duplex”
Hi Bp. I just finish a rooms additions to my single family house in San Diego. The house was originally a 2bed/2bath, 1008 sf. After the addition, it has 4 beds/4 baths. The new addition and the original house ...
Jeff Berlin
co-insurance question
Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...
Travis Schmidt
Tenants refusing to pay for damages found during move out inspection.
My previous tenants piled up a significant work list of repairs following out move out inspection. The cost of the repairs the tenants are responsible for is an additional $4,526 after taking thier full security depo...
Todd Aaron
annual increasing insurance costs - What does everyone do?
So, when I was doing my research before making purchases I allowed for all the costs involved, however each year my insurance rates climb a little higher even though I have made no claims. If you push this out for de...
Tony H.
Seller refuse "subject to inspection" offer
Hi BP,I am interested in a duplex property in Carmichael, CA. The seller refused to take any offers that have "subject to inspection" clause in it.I take this as a big red flag that he is hiding something.Fast forward...
Joseph Escamilla
Insurance when Rehabbing
A friend and I are under contract to purchase a property in the Poconos. The primary use will be as a Vacation home for our families to use with the potential to list it as a vacation rental in the future. We are get...