Patrick Shep
Umbrella Insurance 3 states
Advice on getting umbrella insurance for 7 units in 3 states (MD, MI and NY). My primary house is in MD. I was quoted $504 for 6 months through GEICO but it seems high. Other carriers I have called want all of the ins...
Gary Johnson
Installment sale to a trust can deferred capital gains taxes?
I am ready to cash out of a highly appreciated property. My attorney put together a plan he is confident will work but I believe this is the first time he has done this so I am reaching out to all of you for critique...
Carloz Gil
Is financing the closing costs a thing??
BPers!Found a off market deal we'd like to pursue in Pittsburgh PA. It is a portfolio of properties (all are cash flowing well) for $630k. We have not done a deal of this size and even though we've found a creative wa...
Johann Kleisch
Insurance... Actual Cash Value or Replacment Cost
What type of insurance coverage are other using for their rentals (Actual Cash Value or Replacment Cost) and why?Best of Success!
Danielle Cage
Creating an LLC - use my CPA or diy?
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
Steve Simpson
Property Management Marketing Strategy
Hey guys,
I own a small (for now) property management company and am starting to actively search for new clients. I'm currently in the process of automating my direct mail campaigns with a VA, a local minimum-wage w...
Vibhu Arya
4plex Mgmt company says warranty co not advisable & is expensive?
Hi, I have an out of state property & my property management company is continuously advising me against having a warranty company. They are suggesting that I'll be better off cost-wise not having the warranty com...
Irene Uribe
FOUR UNITS BRAND NEW FOR SALE UNDER 540k Making 63k a year.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $540,000
Cash invested: $108,000
Investing in South Texas offers additional benefits:
• Affordability: The pr...
Chris Lyons
FHA Loan or Conventional / Hard Money?
Hi all!I am getting ready to buy my first multifamily property which I will be house hacking and living in! I got pre approved for an FHA loan, and I really want to finance with an FHA loan so that it is low money dow...
Courtney Jenkins
Developing Connections in Houston, Texas
Looking to connect with realtors and investors in the Houston, Texas area. I plan on purchasing a duplex or triplex and would love some advice from others who have worked with out of state investors.