Rocky Griffin
Attorneys opinion vs Title insurance?
I have read that most title insurance policy's provide very little insurance against actual title issues. I would like to know how other investors are handling their abstract/title work in the Oklahoma market.
Stacey H.
Repairs taking longer than expected
What course of action is recommended if a repair due to water damage is taking longer than expected? The renter is getting irritated by the delays (due to the construction company), and some of the property hasn't bee...
Jacob Casarez
Is my two year personal residence gain tax free?
For most of this past year my brother and I have shared our 5 bedroom home with 3 roommates. Each spare room rents for just over $400/per month each. In about 6 months we will be looking to to complete our projects an...
Brian Felser
Sell or force equity?
I have a rental in California w/ a 2/1 & an ADU on same property.Getting $ 1500mo. For front house & $795 for ADU. Original loan is owner finance210k bal. @5.25% got a Heloc for 65k to add 1bd. & 1ba. To f...
Deak Smith
Clear up my equity question
In the BRRRR book it is stated more than once Traditional Tom has zero equity after 15 years. I’m not arguing that Mastery Mike has a larger portfolio and potentially more equity. I’m just very unclear how Tom’s 25% d...
Justin Pace
Insurance coverage of busted pipes and water damage
Hi everyone, I have a property in Huntsville Alabama that recently had a few pipes burst. This caused some leaks that soaked the carpet and got under some linoleum all of which had to be replaced. I am now talking to ...
Logan M.
FIRE Friday, selling park owned homes
I wanted to go into a little more detail on this fire that I had in my community. Fires in parks happen, but now of three, two were caused by humans one intentional and one most likely unintentional but still man-made...
Erin Wamsley
Why use quit claim instead of warranty deed to transfer to LLC?
I am looking to transfer title of a few rental properties to an LLC. It seems like investors most commonly use a quit claim deed for this. Why? I would have minimal concern over using a quit claim deed since I know th...
William Stewart
Looking for a good insurance company
Hello BPI have a property in South Carolina with a double wide on it. It is a rental. I’m looking for a good insurance company that insures this type of property. Also was wondering if the insurance covers the home as...
Derek Petersen
W2 and Real Estate Professional
What are the experiences from BP folks that have a full time W2 income plus claim "Real Estate Professional" on their return?