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What kind of insurance do you have on your rental property? (Multiplex) What does your insurance cover? How much are you paying?
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I use a Strict policy and always have. However, with this CV19, folks that have inquired are now holding off on booking, and the new inquiries have pretty much dried up. Is anyone considering relaxing their cancellati...
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Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
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I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have h...
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I've been reading another forum and they recommend charging twice the security deposit if the FICO score(s) is below 600. Has anyone tried this and if so were the people willing to pay?
Also I was wondering how peop...
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Hello,I recently had a major plumbing project done on my multi-unit building. I signed a contract at the beginning with a GC that was more general than I wanted considering the large price tag, but he kept saying that...
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Question???Let's say an investor purchased a deed in Jefferson county, Alabama. Went in and did repairs, but didn't pay the taxes for the next 3 years.Would the next investor have to pay for the repairs and back taxes...
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This question is mainly for people who own rental properties and have dealt with very good tenants and very bad tenants. From past experiences, what are some obvious signs to spot out a bad tenant? What are signs to s...
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Hello everyone!Thanks for taking a look. (Buy and hold property)So I am working on closing my 1st property. It is a 2/1 duplex, upper/lower units. Beautiful home, excellent bones, built in1920, super well maintaine...
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Hey BP community-
Below I’ve outlined a deal I’ve found in Florida. I love the location, appreciation potential, the property needs work but already as lots of character. And most importantly the numbers just make ...