Mike Calabrese
Checklist for Property Issues Before Putting in Offer
Does anyone have any good resources for an initial screening list of things to check for structurally or other issues a home inspector should find?The reason I ask is I have had 2 separate offers accepted only to fail...
Thomas DeMoss
Uninsurable house
Ok, I got a call the other day from a friend with a sfh she is trying to sell. Currently rents for $975/month and is 3/2 that has been rehab'd. She has several properties and has had multiple insurance claims recently...
Josh Cohen
How do accurately run numbers
I want to run numbers on numerous properties before pulling the trigger, as an exercise, so I am better prepared when I am ready. Unfortunately, I don't understand how to estimate potential repairs/rehab, and many of ...
Tony H.
Seller refuse "subject to inspection" offer
Hi BP,I am interested in a duplex property in Carmichael, CA. The seller refused to take any offers that have "subject to inspection" clause in it.I take this as a big red flag that he is hiding something.Fast forward...
Jay Yoo
A newbie creating a LLC
Hi AllI know most of you are busy getting your tax filed. I’m planning to create a llc, and looking for a good online service that walks me thru the process. Some websites offer registered agent but just wanted to che...
Troy Smith
Fire damaged house in Independence, MO - how to proceed?
Hi Folks,I have a rental house in Independence, MO near the high school. I purchased in 2016 and did some repairs / make-ready work myself. It's been rented and producing well until late May when there was a fire in t...
Ivan Oberon
Installment #4 - Insurance Issues For the Real Estate Investor
Installment #4 - Insurance Issues For the Real Estate Investor Deductibles:This is an area of much debate and confusion so let's clarify some things.Simply stated, the higher your deductible, the lower your premium. I...
Christopher Perry
Dropped due to claims!
Hello All,
I have found myself in a pickle due to a chain of events that resulted in an insurer choosing to drop me from coverage due to multiple claims from multiple properties. I have both policies in my name and ...
Mary Jay
How to transfer RE into Roth
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
Mike Montanye
Insurance for Rental Property
We are under contract for an out of state turnkey rental. Trying to gather insurance quotes.What advice could you offer?What should I be looking for? What should I add/leave out?What deductible would be best?Should I ...