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A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
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Hi All,I'm relatively new to the Denver area, and very new to the Bigger Pockets forum. I've been keeping an eye on the Denver market for the last 6 months or so, and I've got a few questions for active investors in t...
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Dummy me. Waiting WAY too long to put my foot down on a delinquent tenant. Got caught up in school, etc. On Wed June 21 she stated she had mailed the rent. As of Saturday, June 24, no rent received. On Sunday I held a...
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Hi guys,Will you please help me out? I have been thinking of doing this deal but not sure if I should do a subject 2 or how to structure it.Seller owes 35K to mortgage. Rents are 1.7K (owner pays heat, water/sewer/tra...
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I'm curious about wholesaling, and after listening to all of the podcasts about it, I still can't figure out why it would matter if a house has equity. We are just buying and selling the contract right? Plus, the buye...
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Looking for some lending helpI have a freshly renovated property and want to add it to my rental portfolioAppraised value 240000amount to finance 132000rental income 1500 motaxes yearly 963insurance 1715LTV 55%I alr...
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Hi,I saw a bunch of properties on Trulia in Norwich Connecticut for under $50,000. They are mostly single family 2/3 bedroom and concentrated around the Boswell avenue near downtown. The crime rates are low, and the ...
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Hello all,
I’m considering a deal in Lexington, KY, but I want opinions on the neighborhood. The house is off North Limestone and close to New Circle. It is approximately 0.8 of a mile from some of the trendier exis...
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Should I start an LLC? And hold all properties underneath it? WHY? Why NOT? HELP!!!!
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So I have recently taken a job in Dallas Texas and was planning to sell my home in the east Bay Area. This job change and move was unexpected and we have only been in our home for about 9 months. It was not purchased ...