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.
Hello Everyone,I owned 3 single family homes,I used to rent 2 of them and decided to sell all of them to have money to go into flipping,the reason I decided to do this and quoting rentals is that I am OVER (maybe not....
Hello Folks,How to sell out a property investment using the “Quit Claim Deed” or what we generally known as“Quick Claim Deed”?Have anyone tried this way of selling investment properties from one Entity to another, ex....
Hello Everyone, I am in the process of exploring a unique investment strategy and am seeking a loan of $150,000 at an interest rate ranging between 8-12% for a period of 5 years. My preference is for an interest-only ...
In the current market environment, is real estate investment still a prudent choice?
Hi everyone, My post for today is in regards to if it is better to get a loan with an LLC or personal name when purchasing my first investment property. I ask this question because ideally I would like to create an LL...
A little preliminary information.I currently live in Los Angeles, CA. I have zero debt and enough cash saved for a down payment on a SFH. I'm looking for out of state properties in GA and AL. The long term goal is to ...
Hello bp fam, I’m getting closer to buying my first property. I’ve been educating myself and saving money. I have about 10k saved and I just got approved from a local bank for a line of credit for 10k. I have good cre...
Hi BP,I have a rental that I deeded over to my LLC after getting financing in my personal name (the strategy I've learned here for getting better loan rates/terms). I'm having some trouble now with the home insurance...
Do most Oakland, California real estate investors get earthquake insurance? If not, what is their strategy for preventing financial loss on their investment in the event of a big earthquake? For instance, instead of g...