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I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
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Hi, currently I only have 2 rentals with separate insurance polices and both cost approx 700 a year each, my insurance agent said when I get to 5+ properties that I should go with an umbrella policy, and from what I'v...
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Hi BP,How do you property managers handle renter's insurance? Do you manage the policy and charge the tenant? Do you just put in a clause for it and hope for the best after the first verification? What are my optio...
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I purchased my house utilizing an FHA loan, making a down payment of 3.5% and covering closing costs. I am approaching the one-year mark with my mortgage and have undertaken substantial renovations on the second-floor...
A friend of mine had a car accident almost 3 of years ago...she was found at fault....(state of limitation is not passed yet) there is no lawsuit filed against her until this time... she only had WA state min. liabili...
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My question is on debt to income ratio and how that metric limits your ability to obtain additional mortgages in order to expand your MF residential real estate portfolio. When I purchase my first MF residential prope...
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What is an umbrella policy for rental homes? Should I go LLC
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Making offers on rehab projects in Chicago. Need to get Builders Insurance/ Property insurance lined up. Anyone have recommendations or advice they can give me on this would be greatly appreciated?
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What is the most units you can have for a multi family fha loan
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I am looking into hiring a property management company. One of the company is asking to be on the insurance policy. Is this normal?Also, if I fire them, they want a full rent commission until the lease end. Is this ex...