Matthew McNeil
Property Manager wants to be named as “Additionally Insured”
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
RJ Jackson
Rental that doesn't meet the 1% rule
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
Pamela V.
Price of entry too high?
Hi, everyone. My husband and I have been saving for almost a year to invest in our first rental. To me, STR is the only thing that makes sense for us, as we are 40 with 2 kids, and looking for the highest cash flow po...
Ben Leybovich
Neighbor vs. Neighbor
Wondering if anyone has any thoughts about the recent interview by Meredith Whitney, about the only Wall Street analysts worth anything, on CNBC.
She talked about Detroit bankruptcy saying more is coming. She succes...
Ndy Onyido
Are you a landlord or an investor?
Hello BP Nation,I have asked and been asked this question over and over again by friends. I know different people have different opinions on this and in this post, I wish to generate those opinions by briefly stating ...
Michael G.
Questions about private lending
Hi all
My partner and I have a few properties under our belt at this point. Up to now we have been using hard money for the rehab phase, it costs a lot but it's a necessarily evil.
We have connections to some fol...
Amy Thatcher
Eviction at Christmas: Scrooge or Good Business?
I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Brandon Bozarth
Late Payments but otherwise great tenants… what to do?
I have a tenant that for the last 3 months now has paid around $900 of the $1200 rent on time and then the rest around the 20th . The PM has been charging late fees but they don’t pay them. They are struggling to pay...
Michael Blank
What Kind of Returns Are you ACTUALLY Seeing?
So I've been looking for deals in the Washington DC, Baltimore and Richmond VA area, and I've spoken with a half a dozen other investors nationwide, and the theme seems to be the same:NO ONE SEEMS TO BE FINDING ANY DE...